Self storage · Greensboro, North Carolina
Aaa Self Storage 20
Aaa Self Storage 20 is financed with a $4.1M CMBS loan at 4.89% that reaches maturity on March 1, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,092,513
- Original balance (same notes)
- $4,250,000
- Interest rate
- 4.89% fixed
- Originated
- February 22, 2019
- Maturity
- March 1, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- November 30, 2028
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 509 Pisgah Church Road, Greensboro, NC 27405
- Metro
- Greensboro-High Point, NC
- Rentable area
- 60,265 sq ft
- Units, rooms or beds
- 551
- Built
- 2018
- Value at securitization
- $7.8M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.58x | 2.53x |
| Occupancy | 82% | 99% |
| Net operating income (annualized from 6 months) | $427K | $690K |
| Debt yield | 16.9% |
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 BANK 2019-BNK17 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.
What the filing shows
- Occupancy has risen from 82% when the loan was securitized to 99%.
- Net operating income is 62% above the underwritten figure ($690K a year against $427K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.58x at securitization to 2.53x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.1M | Current | No | 2.53x | 99% |
| August 2026 | $4.1M | Current | No | 2.53x | 99% |
| July 2026 | $4.1M | Current | No | 2.24x | 99% |
| June 2026 | $4.1M | Current | No | 2.24x | 99% |
| May 2026 | $4.1M | Current | No | 2.24x | 99% |
| April 2026 | $4.1M | Current | No | 2.67x | 98% |
| March 2026 | $4.1M | Current | No | 2.67x | 98% |
| February 2026 | $4.1M | Current | No | 2.61x | 98% |
| January 2026 | $4.1M | Current | No | 2.61x | 98% |
| December 2025 | $4.1M | Current | No | 2.61x | 98% |
| November 2025 | $4.1M | Current | No | 2.63x | 98% |
| October 2025 | $4.2M | Current | No | 2.63x | 98% |
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 2019-BNK17 | 40 | $4,092,513 | Sep 2026 | SEC filing, October 1, 2026 |
Other Greensboro-High Point loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Walmart Asheboro Individual Property | Asheboro, NC | Retail | $42.3M | 3.63% | Dec 2029 | n/a | n/a | Current |
| Four Points by Sheraton Greensboro Airport | Greensboro, NC | Hotel | $8.5M | 7.272% | Jan 2029 | -0.64x | 56% | Current |
| Hampton Inn McLeansville | Mcleansville, NC | Hotel | $4.8M | 4.379% | Nov 2029 | n/a | n/a | Late, less than 30 days |
| Aaa Self Storage High Point | High Point, NC | Self storage | $3.7M | 3.796% | Aug 2029 | 2.21x | 98% | Current |
| AAA Self Storage Greensboro | Greensboro, NC | Self storage | $3.7M | 3.796% | Aug 2029 | 2.43x | 98% | Current |
| Fairgrove Mhc | Reidsville, NC | Manufactured housing | $3.5M | 6.10% | Jul 2029 | 1.49x | 89% | Current |
| AAA Self Storage Eastchester | High Point, NC | Self storage | $3.2M | 3.70% | Sep 2029 | 2.96x | 96% | Current |
| Pomona Park | Greensboro, NC | Office | $2.0M | 4.104% | Nov 2029 | 1.44x | 100% | Current |
All loans maturing in 2029 · All Greensboro-High Point loans
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.