Office · Huntsville, Alabama
6723 Odyssey Drive
6723 Odyssey Drive is financed with a $13.0M CMBS loan at 7.15% that reaches maturity on October 6, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,000,000
- Original balance (same notes)
- $13,000,000
- Interest rate
- 7.15% fixed
- Originated
- September 11, 2025
- Maturity
- October 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 6723 Odyssey Drive, Huntsville, AL 35806
- Metro
- Huntsville, AL
- Rentable area
- 96,631 sq ft
- Built
- 2007, renovated 2025
- Largest tenants
- SCIENTIFIC RESEARCH CORPORATION (SRC); EO SOLUTIONS; CAPSTONE
- Value at securitization
- $19.3M (Sep 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.66x | 1.52x |
| Occupancy | 96% | 96% |
| Net operating income (annualized from 6 months) | $1.6M | $1.4M |
| Debt yield | 11.1% |
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 BANK5 2025-5YR17 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Net operating income is 8% below the underwritten figure ($1.4M a year against $1.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.66x at securitization to 1.52x on the latest statements.
- The filing gives Nov 2029 as the lease end date for the largest tenant (SCIENTIFIC RESEARCH CORPORATION (SRC)), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.0M | Current | No | 1.52x | 96% |
| August 2026 | $13.0M | Current | No | 1.49x | 96% |
| July 2026 | $13.0M | Current | No | n/a | n/a |
| June 2026 | $13.0M | Current | No | n/a | n/a |
| May 2026 | $13.0M | Current | No | n/a | n/a |
| April 2026 | $13.0M | Current | No | n/a | n/a |
| March 2026 | $13.0M | Current | No | n/a | n/a |
| February 2026 | $13.0M | Current | No | n/a | n/a |
| January 2026 | $13.0M | Current | No | n/a | n/a |
| December 2025 | $13.0M | Current | No | n/a | n/a |
| November 2025 | $13.0M | Current | No | n/a | n/a |
| October 2025 | $13.0M | Payment not received but still in grace period or not yet due | No | 0.80x | 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 |
|---|---|---|---|---|
| BANK5 2025-5YR17 | 24 | $13,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Huntsville loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Springhill Suites Huntsville | Huntsville, AL | Hotel | $16.0M | 6.44% | Apr 2030 | 2.11x | 65% | Current |
| Madison Flex Warehouses | Madison, AL | Industrial | $5.5M | 6.25% | Jun 2030 | 2.43x | 97% | Current |
| Huntsville Self Storage - Madison | Madison, AL | Self storage | $4.9M | 4.01% | Jan 2030 | 2.21x | 84% | Current |
| Execuplex Mini Storage Center | Huntsville, AL | Self storage | $3.3M | 4.265% | Sep 2030 | 1.67x | 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.