Mixed use · Pittsburgh, Pennsylvania
Aria Cultural District Lofts
Aria Cultural District Lofts is financed with a $7.8M CMBS loan at 7.08% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,850,000
- Original balance (same notes)
- $7,850,000
- Interest rate
- 7.08% fixed
- Originated
- November 3, 2023
- Maturity
- November 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2028
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 121 7th Street, Pittsburgh, PA 15222
- Metro
- Pittsburgh, PA
- Units, rooms or beds
- 40
- Built
- 1900, renovated 2015
- Largest tenants
- Benedict, Laura; HARRISON, KEVIN; Herg, Lemuel
- Value at securitization
- $11.4M (Oct 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.22x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $689K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2023-5C23 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Largest tenant's lease ends within 12 months
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
- The filing gives Oct 2027 as the lease end date for the largest tenant (Benedict, Laura), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.8M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| August 2026 | $7.8M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| July 2026 | $7.8M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| June 2026 | $7.8M | Current | No | n/a | n/a |
| May 2026 | $7.8M | Current | No | n/a | n/a |
| April 2026 | $7.8M | Current | No | n/a | n/a |
| March 2026 | $7.8M | Current | No | n/a | n/a |
| February 2026 | $7.8M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| January 2026 | $7.8M | Current | No | n/a | n/a |
| December 2025 | $7.8M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| November 2025 | $7.8M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $7.8M | Late payment but less than 30 days delinquent | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2023-5C23 | 21 | $7,850,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Pittsburgh loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Zenith Ridge | Canonsburg, PA | Office | $85.7M | 4.70% | Aug 2028 | 1.46x | 70% | Current |
| Parkway Center | Pittsburgh, PA | Office | $40.5M | 5.10% | Jun 2028 | 0.30x | n/a | With the special servicer and 90+ days delinquent |
| Great Southern Shopping Center | Bridgeville, PA | Retail | $33.8M | 5.19% | Aug 2028 | 1.28x | 94% | Current |
| 920 Irwin Run Road | West Mifflin, PA | Industrial | $31.9M | 3.772% | May 2028 | n/a | n/a | Current |
| Southland Shopping Center | Pittsburgh, PA | Retail | $31.7M | 4.925% | May 2028 | 1.55x | 90% | Current |
| Whole Foods Pittsburgh | Upper St. Clair, PA | Retail | $15.0M | 4.765% | Apr 2028 | 1.41x | 100% | Current |
| Manor Parking Garage | Pittsburgh, PA | Other | $12.4M | 5.99% | Oct 2028 | 1.22x | 100% | Current |
| 2201 Park Manor Boulevard | Pittsburgh, PA | Office | $3.8M | 5.114% | Oct 2028 | 3.49x | 100% | 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.