Retail · Fort Wayne, Indiana
Apple Glen Crossing
Apple Glen Crossing is financed with a $12.2M CMBS loan at 4.336% that reaches its anticipated repayment date on February 6, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,210,497
- Original balance (same notes)
- $13,000,000
- Interest rate
- 4.336% fixed
- Originated
- February 2, 2022
- Maturity
- February 6, 2029
- Anticipated repayment date
- February 6, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for 10 months, then amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- GSBI
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1720-1770 Apple Glen Boulevard, Fort Wayne, IN 46804
- Metro
- Fort Wayne, IN
- Rentable area
- 150,227 sq ft
- Built
- 2000
- Largest tenants
- DICKS SPORTING GOODS; Best Buy; PetSmart #1009
- Value at securitization
- $20.0M (Nov 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.28x |
| Occupancy | 93% | 96% |
| Net operating income (annualized from 6 months) | n/a | $1.8M |
| Debt yield | 14.6% |
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 2022-B34 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.
What the filing shows
- Occupancy has risen from 93% when the loan was securitized to 96%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.2M | Not reported | No | 2.28x | 96% |
| August 2026 | $12.2M | Not reported | No | 2.28x | 96% |
| July 2026 | $12.2M | Not reported | No | 2.20x | 96% |
| June 2026 | $12.3M | Not reported | No | 2.20x | 96% |
| May 2026 | $12.3M | Not reported | No | 2.20x | 96% |
| April 2026 | $12.3M | Not reported | No | 2.20x | 96% |
| March 2026 | $12.3M | Not reported | No | 2.20x | 96% |
| February 2026 | $12.3M | Not reported | No | 2.20x | 96% |
| January 2026 | $12.4M | Not reported | No | 2.20x | 96% |
| December 2025 | $12.4M | Not reported | No | 2.20x | 96% |
| November 2025 | $12.4M | Not reported | No | 2.22x | 96% |
| October 2025 | $12.4M | Not reported | No | 2.22x | 96% |
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 2022-B34 Mortgage Trust | 23 | $12,210,497 | Sep 2026 | SEC filing, October 1, 2026 |
Other Fort Wayne loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Meridian | Fort Wayne, IN | Multifamily | $16.0M | 6.50% | Oct 2029 | 1.67x | 99% | Current |
| WoodSpring Suites Fort Wayne | Fort Wayne, IN | Hotel | $11.1M | 7.79% | Aug 2029 | n/a | n/a | Current |
| Bluffton Woods | Bluffton, IN | Manufactured housing | $9.0M | 5.00% | Jan 2029 | n/a | n/a | Current |
| Dupont Office Center, Fort Wayne (2029 maturity) | Fort Wayne, IN | Office | $3.8M | 4.15% | Jul 2029 | 3.68x | 97% | 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.