Office · Henderson, Nevada
2470 2490 Paseo Verde Pkwy
2470 2490 Paseo Verde Pkwy is financed with a $20.1M CMBS loan at 5.99% that reaches maturity on October 1, 2032, in 5 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $20,088,809
- Original balance (same notes)
- $20,300,000
- Interest rate
- 5.99% fixed
- Originated
- September 14, 2022
- Maturity
- October 1, 2032
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- September 30, 2024
- Prepayment premium ends
- March 31, 2032 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2470-2490 Paseo Verde Parkway, Henderson, NV 89074
- Metro
- Las Vegas-Henderson-North Las Vegas, NV
- Rentable area
- 113,250 sq ft
- Built
- 2003
- Largest tenants
- Body Spa; Beazer Homes Corporation; Speakesy Therapy Ser
- Value at securitization
- $30.3M (Aug 2022)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.37x | 1.26x |
| Occupancy | 94% | 74% |
| Net operating income (annualized from 6 months) | $2.0M | $1.8M |
| Debt yield | 9.2% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2022-BNK44 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Occupancy down 10 points or more from securitization
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 94% when the loan was securitized to 74%.
- Net operating income is 8% below the underwritten figure ($1.8M a year against $2.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.37x at securitization to 1.26x on the latest statements.
- The filing gives Jul 2029 as the lease end date for the largest tenant (Body Spa), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.1M | Current | No | 1.26x | 74% |
| August 2026 | $20.1M | Current | No | 1.17x | 74% |
| July 2026 | $20.1M | Current | No | 1.17x | 74% |
| June 2026 | $20.1M | Current | No | 1.69x | 74% |
| May 2026 | $20.2M | Current | No | 1.69x | 74% |
| April 2026 | $20.2M | Current | No | 1.69x | 74% |
| March 2026 | $20.2M | Current | No | 1.69x | 74% |
| February 2026 | $20.2M | Current | No | 1.81x | 76% |
| January 2026 | $20.2M | Current | No | 1.81x | 76% |
| December 2025 | $20.3M | Current | No | 1.81x | 76% |
| November 2025 | $20.3M | Current | No | 1.81x | 76% |
| October 2025 | $20.3M | Current | No | 2.00x | 76% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2022-BNK44 | 17 | $20,088,809 | Sep 2026 | SEC filing, October 1, 2026 |
Other Las Vegas-Henderson-North Las Vegas loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 6543 Las Vegas Boulevard South | Las Vegas, NV | Office | $114.7M | 4.25% | Jan 2032 | n/a | n/a | Current |
| Walgreens - Las Vegas | Las Vegas, NV | Office | $80.0M | 5.06% | Jun 2032 | n/a | n/a | Current |
| Green Valley Corporate Center North | Henderson, NV | Office | $37.0M | 5.29% | Aug 2032 | 1.63x | 68% | Current |
| Mountain's Edge Marketplace | Las Vegas, NV | Retail | $33.0M | 4.51% | Mar 2032 | 2.29x | 100% | Current |
| Green Valley Corporate Center South | Henderson, NV | Office | $29.4M | 5.75% | Oct 2032 | n/a | n/a | Current |
| Eastgate Plaza, Henderson | Henderson, NV | Retail | $22.3M | 4.085% | Feb 2032 | 2.51x | 93% | Current |
| Marnell Corporate Center 3 | Las Vegas, NV | Office | $15.1M | 5.378% | Aug 2032 | 1.44x | 90% | Current |
| Decatur Business Center | Las Vegas, NV | Industrial | $12.0M | 4.45% | Mar 2032 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.