Retail · Audubon, New Jersey
Audubon Crossing
Public CMBS trusts hold $42.4M of the loan on Audubon Crossing at 3.72% that reaches maturity on August 6, 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
- $42,366,771
- Original balance (same notes)
- $47,000,000
- Interest rate
- 3.72% fixed
- Originated
- August 6, 2021
- Maturity
- August 6, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- February 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 114 and 130 E. Blackhorse Pike, Audubon, NJ 08106
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 468,417 sq ft
- Built
- 1961, renovated 2008
- Largest tenants
- Wal-Mart Real Estate Business Trust; Acme Markets, Inc. #34-2931; Ross Dress For Less, Inc.
- Value at securitization
- $68.5M (Jul 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.55x | n/a |
| Occupancy | 88% | n/a |
| Net operating income | $4.0M | n/a |
Watch flags
Computed from the BENCHMARK 2021-B31 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 Jan 2027 as the lease end date for the largest tenant (Wal-Mart Real Estate Business Trust), 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 | $42.4M | Current | No | n/a | n/a |
| August 2026 | $42.4M | Current | No | n/a | n/a |
| July 2026 | $42.5M | Current | No | n/a | n/a |
| June 2026 | $42.6M | Current | No | n/a | n/a |
| May 2026 | $42.7M | Current | No | n/a | n/a |
| April 2026 | $42.8M | Current | No | 1.56x | 95% |
| March 2026 | $42.9M | Current | No | 1.56x | 95% |
| February 2026 | $42.9M | Current | No | 1.43x | 95% |
| January 2026 | $43.0M | Current | No | 1.43x | 95% |
| December 2025 | $43.1M | Current | No | 1.43x | 95% |
| November 2025 | $43.2M | Current | No | 1.43x | 95% |
| October 2025 | $43.3M | Current | No | 1.33x | 95% |
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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2021-B30 Mortgage Trust | 12 | $25,239,779 | Sep 2026 | SEC filing, October 1, 2026 |
| BENCHMARK 2021-B31 MORTGAGE TRUST | 28 | $17,126,993 | Sep 2026 | SEC filing, September 30, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Atlantic | Philadelphia, PA | Multifamily | $125.0M | 3.456% | Feb 2031 | 1.26x | 95% | Current |
| Deptford Mall | Deptford, NJ | Retail | $115.0M | 6.95% | May 2031 | n/a | n/a | Current |
| 400 Arcola Road | Collegeville, PA | Mixed use | $110.0M | 6.781% | Mar 2031 | n/a | n/a | Current |
| Velocity Industrial Portfolio | Lansdale, PA | Industrial | $75.0M | 3.23% | Jul 2031 | 3.29x | 90% | Current |
| Two Penn Center | Philadelphia, PA | Office | $67.9M | 3.268% | Apr 2031 | 2.07x | 74% | Current |
| 300 Four Falls | Conshohocken, PA | Office | $57.6M | 6.846% | Jan 2031 | 0.96x | 89% | Current |
| Wessex House | Wayne, PA | Multifamily | $57.5M | 5.72% | Mar 2031 | n/a | n/a | Current |
| The Court at Oxford Valley | Fairless Hills, PA | Retail | $52.6M | 3.20% | Jul 2031 | 2.23x | 92% | Current |
All loans maturing in 2031 · All Philadelphia-Camden-Wilmington loans
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.