Industrial portfolio, 7 properties · Reno, Nevada
9295 & 9315 Prototype Drive
Public CMBS trusts hold $177.5M of the loan on this portfolio at 6.242% that reaches maturity on June 6, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $177,500,000
- Original balance (same notes)
- $177,500,000
- Interest rate
- 6.242% fixed
- Originated
- May 20, 2026
- Maturity
- June 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal, 3650 Capital SCF LOE I(A), LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 9295 & 9315 Prototype Drive, Reno, NV 89521
- Metro
- Reno, NV
- Value at securitization
- $261.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the Benchmark 2026-V23 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 9295 & 9315 Prototype Drive | Reno, NV | Industrial | n/a | n/a |
| 3700 S. Kedzie Avenue | Chicago, IL | Industrial | n/a | n/a |
| 401 East Elm Street | Clyde, OH | Industrial | n/a | n/a |
| 1351 S. Wheeling Road | Wheeling, IL | Industrial | n/a | n/a |
| 4400 West 35th Place | Chicago, IL | Industrial | n/a | n/a |
| Cannon Industrial Portfolio | Chicago, IL | Industrial | n/a | n/a |
| 1900 S. 25th Avenue | Chicago, IL | Industrial | n/a | n/a |
The last 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $177.5M | Current | No | n/a | n/a |
| August 2026 | $177.5M | Current | No | n/a | n/a |
| July 2026 | $62.6M | Current | No | n/a | n/a |
| June 2026 | $62.6M | Payment not received but still in grace period or not yet due | 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 |
|---|---|---|---|---|
| BMO 2026-5C16 Mortgage Trust | 1 | $77,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-5C15 Mortgage Trust | 1 | $62,600,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Benchmark 2026-V23 Mortgage Trust | 7 | $37,900,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Reno loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sparks Crossing | Sparks, NV | Retail | $49.1M | 6.05% | Jan 2031 | n/a | n/a | Current |
| 200 South Virginia Street | Reno, NV | Office | $15.9M | 3.617% | Jul 2031 | 3.60x | 84% | Current |
| South Creek Shopping Center | Reno, NV | Retail | $15.0M | 6.50% | Jan 2031 | n/a | n/a | Current |
| Village at Double Diamond | Reno, NV | Retail | $10.8M | 3.355% | Nov 2031 | 4.07x | 100% | Current |
| Vista Park Self Storage | Sparks, NV | Self storage | $9.8M | 3.472% | Jun 2031 | 3.36x | 87% | Current |
| Kleppe Greg Business Park | Sparks, NV | Industrial | $7.0M | 3.30% | Jan 2031 | n/a | n/a | Current |
| The Deluxe Apartments | Reno, NV | Multifamily | $3.6M | 3.89% | Dec 2031 | 2.01x | 88% | 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.