Office portfolio, 3 properties · Hammonton, New Jersey
897 12th Street
This portfolio is financed with a $8.8M CMBS loan at 5.85% that reaches maturity on April 6, 2032, in 5 years and 5 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
- $8,850,000
- Original balance (same notes)
- $8,850,000
- Interest rate
- 5.85% fixed
- Originated
- March 16, 2022
- Maturity
- April 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2032
- Master servicer
- Midland
- Originator
- Bank of Montreal
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred July 7, 2023
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 897 12th Street, Hammonton, NJ 08037
- Metro
- Atlantic City-Hammonton, NJ
- Value at securitization
- $14.6M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $860K | n/a |
Watch flags
Computed from the BMO 2022-C2 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 all 12 monthly reports we hold (October 2025 to September 2026).
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 |
|---|---|---|---|---|
| 897 12th Street | Hammonton, NJ | Industrial | n/a | n/a |
| 392 White Horse Pike | Hammonton, NJ | Office | n/a | n/a |
| 6727 Delilah Road | Egg Harbor Township, NJ | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| February 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| January 2026 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| December 2025 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| November 2025 | $8.8M | 90+ days delinquent | Yes | n/a | n/a |
| October 2025 | $8.8M | 90+ days delinquent | Yes | 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.
Special-servicing history
- Transferred to the special servicer July 7, 2023, 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 2022-C2 Mortgage Trust | 27 | $8,850,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Atlantic City-Hammonton loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Showboat Hotel, Atlantic City (2032 maturity) | Atlantic City, NJ | Hotel | $24.0M | 7.795% | Nov 2032 | n/a | n/a | With the special servicer and 30-59 days delinquent |
| The Showboat Hotel | Atlantic City, NJ | Hotel | $23.0M | 7.795% | Nov 2032 | 4.15x | 56% | With the special servicer and 30-59 days delinquent |
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.