Self storage portfolio, 3 properties · Tennessee
BC Storage Portfolio
This portfolio is financed with a $8.9M CMBS loan at 3.69% that reaches maturity on July 1, 2030, in 3 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
- $8,936,174
- Original balance (same notes)
- $9,500,000
- Interest rate
- 3.69% fixed
- Originated
- July 1, 2020
- Maturity
- July 1, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- July 31, 2022
- Prepayment premium ends
- February 28, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Units, rooms or beds
- 1,094
- Value at securitization
- $17.3M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.93x | 2.76x |
| Occupancy | 90% | 85% |
| Net operating income (annualized from 6 months) | $1.0M | $1.5M |
| Debt yield | 16.3% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Morgan Stanley Capital I Trust 2020-HR8 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.
What the filing shows
- Occupancy has fallen from 90% when the loan was securitized to 85%.
- Net operating income is 44% above the underwritten figure ($1.5M a year against $1.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.93x at securitization to 2.76x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.9M | Current | No | 2.76x | 85% |
| August 2026 | $9.0M | Current | No | 2.82x | 100% |
| July 2026 | $9.0M | Current | No | 2.82x | 100% |
| June 2026 | $9.0M | Current | No | 2.72x | 92% |
| May 2026 | $9.0M | Current | No | 2.72x | 92% |
| April 2026 | $9.0M | Current | No | 2.72x | 92% |
| March 2026 | $9.0M | Current | No | 2.72x | 92% |
| February 2026 | $9.0M | Current | No | 2.72x | 88% |
| January 2026 | $9.1M | Current | No | 2.72x | 88% |
| December 2025 | $9.1M | Current | No | 2.72x | 88% |
| November 2025 | $9.1M | Current | No | 2.74x | 100% |
| October 2025 | $9.1M | Current | No | 2.74x | 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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-HR8 | 21 | $8,936,174 | Sep 2026 | SEC filing, October 2, 2026 |
Other Tennessee loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| JW Marriott Nashville | Nashville, TN | Hotel | $185.0M | 3.139% | Mar 2030 | 5.35x | 82% | Current |
| Radius Nashville | Nashville, TN | Office | $78.0M | 8.052% | Apr 2030 | n/a | n/a | Current |
| Colinx Distribution Center | Crossville, TN | Industrial | $32.8M | 4.21% | Nov 2030 | 1.70x | 100% | Current |
| First Horizon Plaza | Knoxville, TN | Office | $31.9M | 3.72% | Dec 2030 | 1.60x | 88% | Current |
| One Commerce Square | Memphis, TN | Office | $29.2M | 3.67% | Nov 2030 | 2.54x | 84% | Current |
| Doubletree Downtown Chattanooga | Chattanooga, TN | Hotel | $19.5M | 7.03% | Jun 2030 | 1.59x | 56% | Current |
| Parkview Tullahoma | Tullahoma, TN | Multifamily | $18.5M | 6.35% | Sep 2030 | n/a | n/a | Current |
| CIG - 3 Pack Southeast Portfolio | Morristown, TN | Multifamily | $15.0M | 6.418% | Nov 2030 | n/a | n/a | 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.