Multifamily · Mississippi
Audubon Cove Apartments
Audubon Cove Apartments is financed with a $14.5M CMBS loan at 6.627% that reaches maturity on August 1, 2031, in 4 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,500,000
- Original balance (same notes)
- $14,500,000
- Interest rate
- 6.627% fixed
- Originated
- July 31, 2026
- Maturity
- August 1, 2031
- Payments
- Interest only for the full term
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 506 Holly Hills Road, MS 39705
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the BANK5 2026-5YR24 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.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.5M | Current | No | n/a | n/a |
| August 2026 | $14.5M | Current | No | 1.36x | 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 |
|---|---|---|---|---|
| BANK5 2026-5YR24 | 22 | $14,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Mississippi loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Tunica Resorts Property | Robinsonville, MS | Retail | $13.8M | 3.151% | Feb 2031 | n/a | n/a | Current |
| Corinth Distribution Center | Corinth, MS | Industrial | $10.8M | 3.44% | Oct 2031 | n/a | n/a | Current |
| Mississippi Self Storage Portfolio | MS | Self storage | $6.9M | 3.715% | Dec 2031 | 2.22x | 79% | Current |
| Westwood Shopping Center, Hattiesburg | Hattiesburg, MS | Retail | $6.7M | 3.88% | May 2031 | 2.01x | 100% | Current |
| Long Beach Apartments | Long Beach, MS | Multifamily | $6.1M | 6.703% | May 2031 | n/a | n/a | Current |
| Fulton Crossing | Corinth, MS | Retail | $5.0M | 4.15% | Nov 2031 | 3.44x | 78% | Current |
| The Alexis | Oxford, MS | Mixed use | $3.6M | 3.95% | Sep 2031 | 2.73x | 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.