Retail · Tempe, Arizona
Arizona Mills
Public CMBS trusts hold $107.0M of the loan on Arizona Mills at 6.657% that reaches maturity on July 1, 2036, in 9 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $107,000,000
- Original balance (same notes)
- $107,000,000
- Interest rate
- 6.657% fixed
- Originated
- June 23, 2026
- Maturity
- July 1, 2036
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- BMO
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5000 South Arizona Mills Circle, Tempe, AZ 85282
- Metro
- Phoenix-Mesa-Chandler, AZ
- Rentable area
- 1,223,783 sq ft
- Built
- 1986
- Value at securitization
- $336.0M (Apr 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | 99% | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the BMO 2026-C15 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.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $107.0M | Current | No | n/a | n/a |
| August 2026 | $35.0M | Current | No | 3.09x | 99% |
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
The loan is split into 7 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2026-C15 Mortgage Trust | 1A-1 | $40,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C15 Mortgage Trust | 1A-2 | $20,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 | 5 | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 | 5B | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2026-C15 Mortgage Trust | 1A-8 | $7,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 | 5A | $5,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2026-C15 Mortgage Trust | 1A-4-2 | $4,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Phoenix-Mesa-Chandler loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Gilbert Gateway Towne Center | Gilbert, AZ | Retail | $60.0M | 6.70% | Feb 2036 | 1.21x | 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.