Self storage portfolio, 12 properties · Rockford, Illinois
3000 Charles St.
This portfolio is financed with a $14.5M CMBS loan at 6.75% that reaches maturity on February 6, 2031, in 4 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,475,000
- Original balance (same notes)
- $14,475,000
- Interest rate
- 6.75% fixed
- Originated
- January 28, 2026
- Maturity
- February 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently July 24, 2026
- Defeasance
- None reported
The property
- Address
- 3000 Charles St., Rockford, IL 61108
- Value at securitization
- $19.3M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $1.4M | $2.5M |
| Debt yield | 17.4% |
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 BMO 2026-5C14 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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.
What the filing shows
- Net operating income is 76% above the underwritten figure ($2.5M a year against $1.4M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 3000 Charles St. | Rockford, IL | Self Storage | n/a | n/a |
| 1941 Jefferson David Hwy | Graniteville, SC | Self Storage | n/a | n/a |
| 1067 N. Mission Rd | Mount Pleasant, MI | Self Storage | n/a | n/a |
| My Storage Self-Storage Portfolio II | Sylvester, GA | Self Storage | n/a | 1.26x |
| 114 S. Porter St. | Bolivar, TN | Self Storage | n/a | n/a |
| 199 Comercial St NW | Hanceville, AL | Self Storage | n/a | n/a |
| 875 Zipf St. | Pellston, MI | Self Storage | n/a | n/a |
| 6473 W. Weidman Rd | Weidman, MI | Self Storage | n/a | n/a |
| 1600 2nd St. SW | Reform, AL | Self Storage | n/a | n/a |
| 380 S. 7th Ave | Kankakee, IL | Self Storage | n/a | n/a |
| 100 Oh-775 | Gallipolis, OH | Self Storage | n/a | n/a |
| 7991 Queen Rd. | Plymouth, IN | Self Storage | n/a | n/a |
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.5M | Current | No | n/a | n/a |
| August 2026 | $14.5M | Current | No | n/a | n/a |
| July 2026 | $14.5M | Current | No | n/a | n/a |
| June 2026 | $14.5M | Current | No | n/a | n/a |
| May 2026 | $14.5M | Current | No | n/a | n/a |
| April 2026 | $14.5M | Current | No | n/a | n/a |
| March 2026 | $14.5M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BMO 2026-5C14 Mortgage Trust | 23 | $14,475,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Illinois loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| City Line Midwest Portfolio - Pool B | IL | Self storage | $11.1M | 6.451% | Apr 2031 | n/a | n/a | Current |
| Maple Leaf Estates | Loves Park, IL | Manufactured housing | $3.4M | 6.405% | May 2031 | 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.