Self storage portfolio, 21 properties · Paducah, Kevil, Boaz, Kentucky
AAA Stow-A-Way Storage - Paducah
This portfolio is financed with a $28.5M CMBS loan at 6.95% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $28,500,000
- Original balance (same notes)
- $28,500,000
- Interest rate
- 6.95% fixed
- Originated
- August 13, 2024
- Maturity
- September 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- Various, Paducah, Kevil, Boaz, KY Vario
- Value at securitization
- $45.2M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $3.1M | $6.7M |
| Debt yield | 23.6% |
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 Benchmark 2024-V10 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 116% above the underwritten figure ($6.7M a year against $3.1M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| AAA Stow-A-Way Storage - Paducah | Paducah, Kevil, Boaz, KY | Self Storage | 87% | 1.66x |
| AAA Stow-A-Way Storage - Mayfield | Mayfield, KY | Self Storage | n/a | n/a |
| 19 Pullen Road | Metropolis, IL | Self Storage | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.5M | Current | No | 1.66x | 87% |
| August 2026 | $28.5M | Current | No | 1.66x | 87% |
| July 2026 | $28.5M | Current | No | 1.65x | 90% |
| June 2026 | $28.5M | Current | No | 1.65x | 90% |
| May 2026 | $28.5M | Current | No | 1.65x | 90% |
| April 2026 | $28.5M | Current | No | 1.41x | n/a |
| March 2026 | $28.5M | Current | No | 1.41x | n/a |
| February 2026 | $28.5M | Current | No | 1.41x | n/a |
| January 2026 | $28.5M | Current | No | 1.52x | 90% |
| December 2025 | $28.5M | Current | No | 1.52x | 90% |
| November 2025 | $28.5M | Current | No | 1.52x | 90% |
| October 2025 | $28.5M | Current | No | 1.36x | 90% |
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 |
|---|---|---|---|---|
| Benchmark 2024-V10 Mortgage Trust | 8 | $28,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Kentucky loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hamburg Pavilion | Lexington, KY | Retail | $94.5M | 6.84% | Nov 2029 | 1.98x | 94% | Current |
| Lexmark HQ | Lexington, KY | Industrial | $82.5M | 7.44% | Mar 2029 | 2.21x | 100% | Current |
| The Galt House | Louisville, KY | Hotel | $80.6M | 6.75% | Oct 2029 | 3.08x | 56% | Current |
| Westport Distribution Center | Louisville, KY | Industrial | $52.3M | 3.353% | Nov 2029 | n/a | n/a | Current |
| Newport on the Levee | Newport, KY | Mixed use | $41.5M | 8.405% | Dec 2029 | 1.90x | 75% | Current |
| Hilton Garden Inn Bowling Green | Bowling Green, KY | Hotel | $35.5M | 8.05% | Jul 2029 | n/a | n/a | Current |
| Patriot Crossing | Louisville, KY | Multifamily | $29.8M | 6.75% | Sep 2029 | 1.38x | 95% | Current |
| Meidinger Tower | Louisville, KY | Office | $27.6M | 4.52% | Jul 2029 | -0.87x | 20% | With the special servicer and 90+ 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.