Industrial · Commerce, Georgia
Baker Taylor Industrial
Baker Taylor Industrial is financed with a $12.3M CMBS loan at 7.74% that reaches maturity on August 6, 2028, in 21 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,300,000
- Original balance (same notes)
- $12,300,000
- Interest rate
- 7.74% fixed
- Originated
- August 1, 2023
- Maturity
- August 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 251 Mount Olive Church Road, Commerce, GA 30529
- Rentable area
- 276,680 sq ft
- Built
- 1972, renovated 1999
- Largest tenants
- BAKER TAYLOR
- Value at securitization
- $22.5M (Jun 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.88x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.8M | n/a |
Watch flags
Computed from the BANK5 2023-5YR3 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 | $12.3M | Current | No | n/a | n/a |
| August 2026 | $12.3M | Current | No | n/a | 100% |
| July 2026 | $12.3M | Current | No | n/a | 100% |
| June 2026 | $12.3M | Current | No | n/a | 100% |
| May 2026 | $12.3M | Current | No | n/a | 100% |
| April 2026 | $12.3M | Current | No | 1.99x | n/a |
| March 2026 | $12.3M | Current | No | 1.99x | n/a |
| February 2026 | $12.3M | Current | No | 1.99x | 100% |
| January 2026 | $12.3M | Current | No | 1.99x | 100% |
| December 2025 | $12.3M | Current | No | 1.99x | 100% |
| November 2025 | $12.3M | Current | No | 2.00x | 100% |
| October 2025 | $12.3M | Current | No | 2.00x | 100% |
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 2023-5YR3 | 25 | $12,300,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Georgia loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cumberland Mall | Atlanta, GA | Retail | $180.0M | 7.87% | May 2028 | 1.68x | 98% | Current |
| 1025 Lenox Park | Atlanta, GA | Office | $75.0M | 7.913% | Oct 2028 | n/a | n/a | Current |
| Shoppes at River Crossing | Macon, GA | Retail | $65.0M | 7.875% | Apr 2028 | 1.85x | 94% | Current |
| The Prado | Sandy Springs, GA | Retail | $42.0M | 8.80% | Dec 2028 | 1.12x | 90% | Current |
| Hilton Garden Inn Atlanta Downtown | Atlanta, GA | Hotel | $39.5M | 8.39% | Nov 2028 | 2.07x | 77% | Current |
| Perimeter Square | Atlanta, GA | Retail | $35.0M | 5.545% | Nov 2028 | 1.67x | 100% | Current |
| Residence at Patriot Place | Columbus, GA | Multifamily | $33.0M | 6.751% | Dec 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| 1000 Windward Concourse | Alpharetta, GA | Office | $29.7M | 4.995% | Nov 2028 | 0.58x | 43% | 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.