Multifamily · Fayetteville, North Carolina
Addison Ridge Phases I & III
Addison Ridge Phases I & III is financed with a $67.0M CMBS loan at 5.60% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $67,000,000
- Original balance (same notes)
- $67,000,000
- Interest rate
- 5.60% fixed
- Originated
- December 31, 2025
- Maturity
- January 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2028
- Prepayment premium ends
- October 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- MF1 Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1000 Antietam Creek Drive 710 Piper Farm Road aka 721 Piper Farm Road, Fayetteville, NC 28303
- Metro
- Fayetteville, NC
- Units, rooms or beds
- 421
- Built
- 2013
- Value at securitization
- $100.9M (Dec 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.38x | n/a |
| Occupancy | 94% | n/a |
| Net operating income | $5.3M | n/a |
Watch flags
Computed from the JPMF1 Multifamily Mortgage Trust 2026-FX1 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
The last 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $67.0M | Current | No | n/a | n/a |
| August 2026 | $67.0M | Current | No | n/a | n/a |
| July 2026 | $67.0M | Current | No | n/a | n/a |
| June 2026 | $67.0M | Current | No | 1.41x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMF1 Multifamily Mortgage Trust 2026-FX1 | 2 | $67,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Fayetteville loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Fayetteville Self Storage | Fayetteville, NC | Self storage | $3.3M | 4.50% | Oct 2031 | n/a | n/a | 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.