Manufactured housing portfolio, 5 properties · Tucson, Arizona
Arizona MHP Portfolio
This portfolio is financed with a $10.0M CMBS loan at 6.714% that reaches maturity on August 1, 2031, in 4 years and 9 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $10,000,000
- Original balance (same notes)
- $10,000,000
- Interest rate
- 6.714% fixed
- Originated
- July 31, 2026
- Maturity
- August 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 30, 2031
- Master servicer
- Trimont LLC
- Originator
- Bank of America, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Metro
- Tucson, AZ
- Units, rooms or beds
- 249
- Value at securitization
- $13.7M (Jun 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.62x | n/a |
| Occupancy | 93% | n/a |
| Net operating income | $1.1M | n/a |
Comparable loans: manufactured housing properties in Tucson, AZ, with NOI, occupancy and value.
Watch flags
Computed from the BANK5 2026-5YR24 filing for the reporting period ending October 13, 2026, filed with the SEC October 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.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
- Parties and contacts named by the trust
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Aug 2026.
Source: SEC Form 10-D, Exhibit 99.1 distribution statement, filed Oct 2026.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
The last 3 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $10.0M | Current | No | n/a | n/a |
| September 2026 | $10.0M | Current | No | n/a | n/a |
| August 2026 | $10.0M | Current | No | 1.66x | 93% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 2026-5YR24 | 29 | $10,000,000 | Oct 2026 | SEC filing, October 30, 2026 |
Other Tucson loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| La Encantada | Tuscon, AZ | Retail | $102.0M | 3.361% | Oct 2031 | 3.38x | 93% | Current |
| Wilmot Plaza | Tuscon, AZ | Retail | $27.8M | 3.907% | Oct 2031 | 1.91x | 100% | Current |
| Icon Broadway fka River Oaks Apartments | Tucson, AZ | Multifamily | $24.6M | 6.00% | May 2031 | n/a | n/a | Current |
| Campbell Plaza | Tucson, AZ | Retail | $23.3M | 4.01% | Jul 2031 | 1.78x | 93% | Current |
| Embassy Plaza | Tucson, AZ | Retail | $16.7M | 6.59% | Apr 2031 | n/a | n/a | Current |
| The Plaza at Williams Centre | Tucson, AZ | Retail | $12.5M | 3.408% | Jul 2031 | 2.75x | 96% | Current |
| A-Family Storage - East Valencia and 2 other properties | Tucson, AZ | Self storage | $8.8M | 3.516% | May 2031 | n/a | n/a | Not reported |
| Arizona Pavilions | Tucson, AZ | Retail | $6.0M | 4.98% | Mar 2031 | 1.55x | 94% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.