Multifamily · Milledgeville, Georgia
Arcadia on the River
Arcadia on the River is financed with a $18.2M CMBS loan at 6.319% that reaches maturity on March 6, 2035, in 8 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
- $18,200,000
- Original balance (same notes)
- $18,200,000
- Interest rate
- 6.319% fixed
- Originated
- February 10, 2025
- Maturity
- March 6, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2034
- Master servicer
- Trimont LLC
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 120 Pumping Station Road and 700 Nelson Road, Milledgeville, GA 31061
- Units, rooms or beds
- 510
- Built
- 2017
- Value at securitization
- $30.7M (Nov 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.03x | 2.70x |
| Occupancy | 98% | 93% |
| Net operating income (annualized from 6 months) | $2.4M | $3.2M |
| Debt yield | 17.4% |
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 BMO 2025-C12 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 fallen from 98% when the loan was securitized to 93%.
- Net operating income is 34% above the underwritten figure ($3.2M a year against $2.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.03x at securitization to 2.70x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.2M | Current | No | 2.70x | 93% |
| August 2026 | $18.2M | Current | No | 2.79x | 98% |
| July 2026 | $18.2M | Current | No | 2.79x | 98% |
| June 2026 | $18.2M | Current | No | 2.79x | 98% |
| May 2026 | $18.2M | Current | No | 2.16x | 100% |
| April 2026 | $18.2M | Current | No | 2.16x | 100% |
| March 2026 | $18.2M | Current | No | n/a | n/a |
| February 2026 | $18.2M | Current | No | n/a | n/a |
| January 2026 | $18.2M | Current | No | n/a | n/a |
| December 2025 | $18.2M | Current | No | n/a | n/a |
| November 2025 | $18.2M | Current | No | n/a | n/a |
| October 2025 | $18.2M | Current | No | n/a | 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 |
|---|---|---|---|---|
| BMO 2025-C12 Mortgage Trust | 11 | $18,200,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Georgia loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| VTS Portfolio | Baldwin, GA | Industrial | $23.6M | 6.64% | Jul 2035 | n/a | n/a | Current |
| Hampton Inn Blue Ridge | Blue Ridge, GA | Hotel | $16.3M | 6.397% | Jul 2035 | n/a | n/a | Current |
| Natson Hotel Portfolio | Forsyth, GA | Hotel | $16.0M | 7.095% | Jun 2035 | n/a | n/a | Current |
| Magnolia Park | Milledgeville, GA | Multifamily | $11.4M | 6.00% | Oct 2035 | 2.88x | 76% | Current |
| Habersham Village | Cornelia, GA | Retail | $10.8M | 7.258% | Apr 2035 | n/a | n/a | Current |
| Storage Xxtra Westridge | Mcdonough, GA | Self storage | $5.1M | 5.935% | Jan 2035 | 2.53x | 82% | Current |
| Breckenridge Property | Bryon, GA | Manufactured housing | $4.1M | 6.662% | Jan 2035 | n/a | n/a | 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.