Multifamily · Baton Rouge, Louisiana
5 East Apartments
5 East Apartments is financed with a $17.5M CMBS loan at 6.92% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $17,500,000
- Original balance (same notes)
- $17,500,000
- Interest rate
- 6.92% fixed
- Originated
- August 29, 2024
- Maturity
- September 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- UBS AG
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred April 8, 2026
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 550 Lee Dr, Baton Rouge, LA 70808
- Metro
- Baton Rouge, LA
- Units, rooms or beds
- 268
- Built
- 1972, renovated 2024
- Value at securitization
- $28.6M (Jul 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.41x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $1.7M | n/a |
Watch flags
Computed from the BMO 2024-5C7 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in every report since November 2025.
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
- The most recent valuation in the filing is $23.0M (May 26, 2026), against $28.6M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $17.5M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $17.5M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $17.5M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $17.5M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $17.5M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $17.5M | 60-89 days delinquent | Yes | 0.99x | 87% |
| March 2026 | $17.5M | 30-59 days delinquent | No | 0.99x | 87% |
| February 2026 | $17.5M | Late payment but less than 30 days delinquent | No | 0.99x | 87% |
| January 2026 | $17.5M | Current | No | 0.99x | 87% |
| December 2025 | $17.5M | Current | No | 0.99x | 87% |
| November 2025 | $17.5M | Current | No | 0.99x | 87% |
| October 2025 | $17.5M | Late payment but less than 30 days delinquent | No | 1.08x | 85% |
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.
Special-servicing history
- Transferred to the special servicer April 8, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-5C7 Mortgage Trust | 21 | $17,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Baton Rouge loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Magnolia Gardens | Baton Rouge, LA | Multifamily | $17.2M | 5.59% | Mar 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Edgewood Apartments, Baton Rouge | Baton Rouge, LA | Multifamily | $16.1M | 4.09% | Oct 2029 | 1.33x | 97% | Current |
| Bluebonnet Village | Baton Rouge, LA | Retail | $10.9M | 4.25% | Sep 2029 | 1.95x | 93% | Current |
| Meadowbrook Apartments | Baton Rouge, LA | Multifamily | $9.4M | 7.29% | Jan 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Florline Commons | Baton Rouge, LA | Retail | $8.3M | 6.742% | Oct 2029 | 1.65x | 83% | Current |
| Albertsons Baton Rouge | Baton Rouge, LA | Retail | $6.7M | 4.75% | Jul 2029 | 1.82x | 100% | Current |
| Sunshine Storage | Plaquemine, LA | Self storage | $3.6M | 7.223% | Jan 2029 | 1.52x | 87% | 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.