Self storage · Yucaipa, California
A Storage Place Yucaipa
A Storage Place Yucaipa is financed with a $5.0M CMBS loan at 5.66% that reaches maturity on November 1, 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
- $5,000,000
- Original balance (same notes)
- $5,000,000
- Interest rate
- 5.66% fixed
- Originated
- October 31, 2025
- Maturity
- November 1, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 30, 2035
- Master servicer
- Midland
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 35056 County Line Road, Yucaipa, CA 92399
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 52,280 sq ft
- Units, rooms or beds
- 385
- Built
- 2004
- Value at securitization
- $10.5M (Aug 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.40x | 2.30x |
| Occupancy | 89% | 90% |
| Net operating income (annualized from 6 months) | $690K | $1.3M |
| Debt yield | 26.6% |
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 BANK 2025-BNK51 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 93% above the underwritten figure ($1.3M a year against $690K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.40x at securitization to 2.30x on the latest statements.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.0M | Current | No | 2.30x | 90% |
| August 2026 | $5.0M | Current | No | n/a | n/a |
| July 2026 | $5.0M | Current | No | n/a | n/a |
| June 2026 | $5.0M | Current | No | n/a | n/a |
| May 2026 | $5.0M | Current | No | n/a | n/a |
| April 2026 | $5.0M | Current | No | n/a | n/a |
| March 2026 | $5.0M | Current | No | n/a | n/a |
| February 2026 | $5.0M | Current | No | n/a | n/a |
| January 2026 | $5.0M | Current | No | n/a | n/a |
| December 2025 | $5.0M | Current | No | 2.32x | 89% |
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 |
|---|---|---|---|---|
| BANK 2025-BNK51 | 38 | $5,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| U-Haul Moving & Storage of Moreno Valley | Moreno Valley, CA | Self storage | $67.9M | 5.58% | Nov 2035 | n/a | n/a | Current |
| Corona Hills Marketplace | Corona, CA | Retail | $20.0M | 6.17% | Mar 2035 | 1.65x | 87% | Current |
| A Storage Place Riverside | Riverside, CA | Self storage | $7.5M | 5.86% | Jul 2035 | n/a | n/a | Current |
| A Storage Place La Sierra | Riverside, CA | Self storage | $5.9M | 5.895% | Jul 2035 | 4.43x | 96% | Current |
| A Storage Place Redlands | Redlands, CA | Self storage | $3.8M | 5.896% | Jul 2035 | 2.73x | 87% | Current |
| A Storage Place Indio | Indio, CA | Self storage | $3.0M | 5.896% | Jul 2035 | 1.38x | 77% | Current |
| A Storage Place Barton Road | Redlands, CA | Self storage | $2.5M | 5.895% | Jul 2035 | 4.87x | 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.