Office · New York, New York
525 7th Avenue
Public CMBS trusts hold $125.0M of the loan on 525 7th Avenue at 6.28% that reaches maturity on November 6, 2035, in 9 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $125,000,000
- Original balance (same notes)
- $125,000,000
- Interest rate
- 6.28% fixed
- Originated
- November 4, 2025
- Maturity
- November 6, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2035
- 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
- 525 7th Avenue, New York, NY 10018
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 508,875 sq ft
- Built
- 1925, renovated 2024
- Largest tenants
- REFLEX PERFORMANCE RESOURCES; BETSY & ADAM LTD.; STUDIO NAZAR
- Value at securitization
- $235.0M (Sep 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.93x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $15.4M | n/a |
Watch flags
Computed from the BMO 2026-C14 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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.
What the filing shows
- The filing gives Nov 2032 as the lease end date for the largest tenant (REFLEX PERFORMANCE RESOURCES), before the loan matures. Lenders look hard at that rollover.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $125.0M | Current | No | 2.62x | 97% |
| August 2026 | $125.0M | Current | No | 2.62x | 97% |
| July 2026 | $125.0M | Current | No | 2.62x | 97% |
| June 2026 | $125.0M | Current | No | n/a | n/a |
| May 2026 | $125.0M | Current | No | n/a | n/a |
| April 2026 | $125.0M | Current | No | n/a | n/a |
| March 2026 | $125.0M | Current | No | n/a | n/a |
| February 2026 | $90.0M | Current | No | n/a | n/a |
| January 2026 | $75.0M | Current | No | n/a | n/a |
| December 2025 | $75.0M | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-C39 | 1 | $75,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2026-B42 Mortgage Trust | 4 | $35,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BMO 2026-C14 Mortgage Trust | 15 | $15,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 32 Old Slip - Leased Fee | New York, NY | Other | $167.0M | 5.65% | May 2035 | 1.01x | 100% | Current |
| Rentar Plaza | Queens, NY | Mixed use | $160.0M | 5.581% | Jul 2035 | 2.21x | 99% | Current |
| 255 Greenwich | New York, NY | Office | $147.0M | 6.405% | Dec 2035 | n/a | n/a | Current |
| Uovo Qpn | New York, NY | Self storage | $143.0M | 6.485% | Feb 2035 | n/a | n/a | Current |
| 29-33 9th Ave (Soho House) | New York, NY | Mixed use | $135.0M | 6.44% | Feb 2035 | n/a | n/a | Current |
| 512 West 22nd Street | New York, NY | Office | $130.0M | 6.641% | Sep 2035 | 1.57x | 100% | Current |
| 4 Union Square South | New York, NY | Retail | $120.0M | 5.642% | Sep 2035 | n/a | n/a | Current |
| UOVO Evergreen | Brooklyn, NY | Self storage | $105.0M | 5.896% | Oct 2035 | 1.65x | 92% | 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.