Industrial · Martinsville, Virginia
460 Beaver Creek
460 Beaver Creek is financed with a $24.5M CMBS loan at 7.58% that reaches maturity on March 6, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,500,000
- Original balance (same notes)
- $24,500,000
- Interest rate
- 7.58% fixed
- Originated
- February 27, 2024
- Maturity
- March 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2028
- Master servicer
- KeyBank National Association
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 460 Beaver Creek Drive, Martinsville, VA 24112
- Rentable area
- 544,000 sq ft
- Built
- 1993, renovated 2023
- Largest tenants
- Keeco, LLC
- Value at securitization
- $46.2M (Aug 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.40x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $2.6M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2024-5C25 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.5M | Current | No | n/a | n/a |
| August 2026 | $24.5M | Current | No | n/a | n/a |
| July 2026 | $24.5M | Current | No | n/a | n/a |
| June 2026 | $24.5M | Current | No | n/a | n/a |
| May 2026 | $24.5M | Current | No | n/a | n/a |
| April 2026 | $24.5M | Current | No | 1.37x | 100% |
| March 2026 | $24.5M | Current | No | 1.37x | 100% |
| February 2026 | $24.5M | Current | No | 1.37x | 100% |
| January 2026 | $24.5M | Current | No | 1.37x | 100% |
| December 2025 | $24.5M | Current | No | 1.37x | 100% |
| November 2025 | $24.5M | Current | No | n/a | n/a |
| October 2025 | $24.5M | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-5C25 | 14 | $24,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Virginia loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1812 North Moore | Arlington, VA | Office | $172.7M | 7.53% | May 2029 | 0.96x | 99% | Late, less than 30 days |
| Battlefield Tech I - Battlefield | Chesapeake, VA | Office | $108.2M | 5.30% | Apr 2029 | n/a | n/a | Current |
| Tysons Corner Center - Office Tower | McLean, VA | Office | $95.0M | 3.33% | Oct 2029 | n/a | n/a | Current |
| Potomac Tower | Arlington, VA | Office | $84.0M | 7.60% | Sep 2029 | 1.66x | 100% | Current |
| Powered Shell Portfolio - Manassas DC-18 | Manassas, VA | Industrial | $83.8M | 3.637% | Jul 2029 | n/a | n/a | Current |
| Ellipse at Fairfax Corner | Fairfax, VA | Multifamily | $70.0M | 4.667% | Jan 2029 | n/a | n/a | Current |
| Powered Shell Portfolio - Ashburn DC-15 | Ashburn, VA | Industrial | $69.8M | 3.637% | Jul 2029 | n/a | n/a | Current |
| Quest Diagnostics - Chantilly | Chantilly, VA | Mixed use | $57.3M | 5.66% | Dec 2029 | 1.66x | 100% | 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.