Multifamily · Indianapolis, Indiana
Bellagio West Apartments
Bellagio West Apartments is financed with a $14.4M CMBS loan at 7.362% that reaches maturity on December 6, 2029, in 3 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
- $14,400,000
- Original balance (same notes)
- $14,400,000
- Interest rate
- 7.362% fixed
- Originated
- November 14, 2024
- Maturity
- December 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2027
- Prepayment premium ends
- July 5, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Zions Bancorporation, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 7455 Rockleigh Avenue, Indianapolis, IN 46214
- Metro
- Indianapolis-Carmel-Greenwood, IN
- Units, rooms or beds
- 156
- Built
- 1967, renovated 2024
- Value at securitization
- $24.4M (Oct 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.38x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $1.5M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2024-5C31 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 | $14.4M | Current | No | n/a | n/a |
| August 2026 | $14.4M | Current | No | n/a | n/a |
| July 2026 | $14.4M | Current | No | n/a | n/a |
| June 2026 | $14.4M | Current | No | n/a | n/a |
| May 2026 | $14.4M | Current | No | n/a | n/a |
| April 2026 | $14.4M | Current | No | n/a | n/a |
| March 2026 | $14.4M | Current | No | n/a | n/a |
| February 2026 | $14.4M | Current | No | n/a | n/a |
| January 2026 | $14.4M | Current | No | n/a | n/a |
| December 2025 | $14.4M | Current | No | n/a | n/a |
| November 2025 | $14.4M | Current | No | n/a | n/a |
| October 2025 | $14.4M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-5C31 | 22 | $14,400,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Indianapolis-Carmel-Greenwood loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Allied Solutions | Carmel, IN | Office | $17.6M | 4.485% | Feb 2029 | 3.90x | 100% | Current |
| City Center @ Penn | Carmel, IN | Office | $16.0M | 7.34% | Mar 2029 | 1.71x | 97% | Current |
| Sawmill Apartments | Indianapolis, IN | Multifamily | $15.5M | 6.10% | Dec 2029 | 1.07x | 81% | Delinquent |
| Keystone Crossing | Indianapolis, IN | Mixed use | $14.4M | 3.655% | Nov 2029 | n/a | n/a | Current |
| Holiday Inn Express - Indianapolis, IN | Indianapolis, IN | Hotel | $11.7M | 3.897% | Nov 2029 | n/a | n/a | Current |
| Meridian Tower | Indianapolis, IN | Office | $11.6M | 4.96% | Jan 2029 | 1.76x | 85% | Late, less than 30 days |
| Holiday Inn Express Indianapolis West Airport | Indianapolis, IN | Hotel | $9.9M | 7.75% | Sep 2029 | 1.45x | 70% | Current |
| Candlewood Suites Indianapolis Downtown Medical District | Indianapolis, IN | Hotel | $8.8M | 5.38% | Feb 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All Indianapolis-Carmel-Greenwood 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.