Office · Fort Lauderdale, Florida
AutoNation
Public CMBS trusts hold $55.0M of the loan on AutoNation at 8.25% that reaches maturity on December 6, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $55,000,000
- Original balance (same notes)
- $55,000,000
- Interest rate
- 8.25% fixed
- Originated
- December 1, 2023
- Maturity
- December 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2028
- Master servicer
- KeyBank National Association
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 200 Southwest 1st Avenue, Fort Lauderdale, FL 33301
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 205,956 sq ft
- Built
- 2007
- Largest tenants
- AUTONATION; Janney Montgomery Scott, LLC; Callahan & Fusco
- Value at securitization
- $102.5M (Nov 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.40x | n/a |
| Occupancy | 93% | n/a |
| Net operating income | $6.4M | n/a |
Watch flags
Computed from the BMO 2024-5C4 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 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $55.0M | Current | No | 1.61x | 95% |
| August 2026 | $55.0M | Current | No | 1.61x | 95% |
| July 2026 | $55.0M | Current | No | 1.54x | 94% |
| June 2026 | $55.0M | Current | No | 1.54x | 94% |
| May 2026 | $55.0M | Current | No | 1.54x | 94% |
| April 2026 | $55.0M | Current | No | 1.54x | 94% |
| March 2026 | $55.0M | Current | No | 1.54x | 94% |
| February 2026 | $55.0M | Current | No | 1.54x | 94% |
| January 2026 | $55.0M | Current | No | 1.54x | 94% |
| December 2025 | $55.0M | Current | No | 1.54x | 94% |
| November 2025 | $55.0M | Current | No | 1.54x | 94% |
| October 2025 | $55.0M | Current | No | 1.54x | 94% |
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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-C24 | 5-A-1-1 | $22,900,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 5-A-2-1 | $19,100,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2024-V6 Mortgage Trust | 32 | $7,100,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BMO 2024-5C4 Mortgage Trust | 33 | $5,900,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Aventura Mall | Aventura, FL | Retail | $900.0M | 4.121% | Jul 2028 | n/a | n/a | Current |
| Town Center Aventura | Aventura, FL | Retail | $80.0M | 4.89% | Jul 2028 | 1.71x | 90% | Current |
| Miami Industrial Portfolio | Miami, FL | Industrial | $66.1M | 4.981% | Dec 2028 | 3.32x | 87% | Current |
| Promenade Shops at Aventura | Aventura, FL | Retail | $59.2M | 4.669% | Feb 2028 | 1.47x | 99% | Current |
| Museum Tower | Miami, FL | Office | $47.0M | 6.546% | May 2028 | 1.66x | 91% | Current |
| Palm Glade Apartments | Belle Glade, FL | Multifamily | $45.0M | 6.685% | Jan 2028 | 1.84x | 98% | Current |
| Causeway Square | North Miami, FL | Mixed use | $43.2M | 5.265% | Nov 2028 | 1.66x | 95% | Current |
| Clevelander South Branch | Miami Beach, FL | Hotel | $41.0M | 5.97% | Oct 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All Miami-Fort Lauderdale-West Palm Beach 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.