Office portfolio, 4 properties · Oklahoma City, Oklahoma
50 Penn Place
This portfolio is financed with a $40.1M CMBS loan at 3.24% that reaches maturity on November 6, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $40,076,728
- Original balance (same notes)
- $43,500,000
- Interest rate
- 3.24% fixed
- Originated
- November 5, 2021
- Maturity
- November 6, 2026
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- August 5, 2026
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1900 NW Expressway, Oklahoma City, OK 73118
- Metro
- Oklahoma City, OK
- Value at securitization
- $62.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $5.6M | n/a |
Watch flags
Computed from the BENCHMARK 2021-B31 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Matures within 12 months
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 |
|---|---|---|---|---|
| 50 Penn Place | Oklahoma City, OK | Mixed Use | n/a | n/a |
| Beacon Ridge Tower | Birmingham, AL | Office | n/a | n/a |
| 100 Concourse | Hoover, AL | Office | n/a | n/a |
| 800 Concourse Parkway | Hoover, AL | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $40.1M | Current | No | n/a | n/a |
| August 2026 | $40.2M | Current | No | n/a | n/a |
| July 2026 | $40.2M | Current | No | n/a | n/a |
| June 2026 | $40.3M | Current | No | n/a | n/a |
| May 2026 | $40.4M | Current | No | n/a | n/a |
| April 2026 | $40.5M | Current | No | 2.57x | 78% |
| March 2026 | $40.5M | Current | No | n/a | n/a |
| February 2026 | $40.6M | Current | No | n/a | n/a |
| January 2026 | $40.7M | Current | No | n/a | n/a |
| December 2025 | $40.8M | Current | No | n/a | n/a |
| November 2025 | $40.9M | Current | No | n/a | n/a |
| October 2025 | $40.9M | 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 |
|---|---|---|---|---|
| BENCHMARK 2021-B31 MORTGAGE TRUST | 10 | $40,076,728 | Sep 2026 | SEC filing, September 30, 2026 |
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.