Industrial portfolio, 4 properties · Chanute, Kansas
2522 and 2526 W. 21st Street, Chanute, KS
Public CMBS trusts hold $61.1M of the loan on this portfolio at 6.805% that reaches maturity on December 6, 2032, in 6 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $61,095,000
- Original balance (same notes)
- $61,095,000
- Interest rate
- 6.805% fixed
- Originated
- November 15, 2022
- Maturity
- December 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 5, 2025
- Prepayment premium ends
- August 5, 2032 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently April 8, 2024
- Defeasance
- None reported
The property
- Address
- 2522-2526 West 21st St, Chanute, KS 66720
- Value at securitization
- $125.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | n/a | $17.7M |
| Debt yield | 29.0% |
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 BBCMS Mortgage Trust 2023-C19 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Modified
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 2522 and 2526 W. 21st Street, Chanute, KS | Chanute, KS | Industrial | n/a | n/a |
| 500 Industrial Road A, Grove, OK | Grove, OK | Industrial | 100% | 2.09x |
| 801 W. Old 56 Hwy, Olathe, KS | Olathe, KS | Industrial | n/a | n/a |
| 615 W. Cherry Street, Chanute, KS | Chanute, KS | Industrial | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $61.1M | Current | No | 1.96x | 100% |
| August 2026 | $61.1M | Current | No | 1.96x | 100% |
| July 2026 | $61.1M | Current | No | 2.04x | 100% |
| June 2026 | $61.1M | Current | No | 2.04x | 100% |
| May 2026 | $61.1M | Current | No | 1.96x | 100% |
| April 2026 | $61.1M | Current | No | 1.96x | 100% |
| March 2026 | $61.1M | Current | No | n/a | 100% |
| February 2026 | $61.1M | Current | No | 1.96x | 100% |
| January 2026 | $61.1M | Current | No | 1.96x | 100% |
| December 2025 | $61.1M | Current | No | 1.96x | 100% |
| November 2025 | $61.1M | Current | No | 1.96x | 100% |
| October 2025 | $61.1M | Current | No | 1.96x | 100% |
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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2023-C4 Mortgage Trust | 7 | $27,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2023-C5 Mortgage Trust | 14 | $22,595,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BBCMS Mortgage Trust 2023-C19 | 21 | $11,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Kansas loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Johnson County Office Portfolio | KS | Office | $18.9M | 6.10% | Oct 2032 | 2.31x | 86% | 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.