Industrial · Memphis, Tennessee
8400 Winchester
8400 Winchester is financed with a $27.0M CMBS loan at 7.376% that reaches maturity on August 5, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $27,000,000
- Original balance (same notes)
- $27,000,000
- Interest rate
- 7.376% fixed
- Originated
- July 11, 2024
- Maturity
- August 5, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- October 4, 2026
- Prepayment premium ends
- March 4, 2029 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 8400 Winchester Road, Memphis, TN 38125
- Metro
- Memphis, TN-MS-AR
- Rentable area
- 817,274 sq ft
- Built
- 1982, renovated 2003
- Largest tenants
- Cart.com Inc.
- Value at securitization
- $49.0M (May 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 1.73x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $2.9M | $3.5M |
| Debt yield | 12.9% |
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 2024-5YR8 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.
What the filing shows
- Net operating income is 18% above the underwritten figure ($3.5M a year against $2.9M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.46x at securitization to 1.73x on the latest statements.
- The filing gives May 2029 as the lease end date for the largest tenant (Cart.com Inc.), 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 | $27.0M | Current | No | 1.73x | 100% |
| August 2026 | $27.0M | Current | No | 1.73x | 100% |
| July 2026 | $27.0M | Current | No | 1.73x | 100% |
| June 2026 | $27.0M | Current | No | 1.73x | 100% |
| May 2026 | $27.0M | Current | No | 1.73x | 100% |
| April 2026 | $27.0M | Current | No | 1.57x | 100% |
| March 2026 | $27.0M | Current | No | 1.56x | 100% |
| February 2026 | $27.0M | Current | No | 1.56x | 100% |
| January 2026 | $27.0M | Current | No | 1.56x | 100% |
| December 2025 | $27.0M | Current | No | 1.54x | 100% |
| November 2025 | $27.0M | Current | No | 1.54x | 100% |
| October 2025 | $27.0M | Current | No | 1.54x | 100% |
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 2024-5YR8 | 10 | $27,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Memphis loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Appling Farms Corporate Park | Memphis, TN | Industrial | $24.2M | 7.05% | Jan 2029 | 1.95x | 99% | Current |
| Country View Apartments | Memphis, TN | Multifamily | $21.5M | 6.71% | Apr 2029 | 1.05x | 54% | Current |
| Homewood Suites Southaven | Southaven, MS | Hotel | $17.6M | 7.765% | Dec 2029 | 1.50x | 94% | Current |
| Jamesbridge Apartments | Memphis, TN | Multifamily | $14.3M | 4.65% | Sep 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Ventura Apartments | Memphis, TN | Multifamily | $13.7M | 7.119% | Sep 2029 | 1.25x | 93% | Late, less than 30 days |
| Olive Branch Commons | Olive Branch, MS | Retail | $12.2M | 5.33% | May 2029 | n/a | n/a | Current |
| Quail Hollow | Memphis, TN | Office | $10.5M | 4.90% | Jun 2029 | n/a | n/a | Current |
| Number 10 Main Apartments | Memphis, TN | Multifamily | $8.0M | 4.91% | Nov 2029 | 0.99x | 79% | 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.