Multifamily · Humble, Texas
Bender Creek Apartments
Bender Creek Apartments is financed with a $4.4M CMBS loan at 5.00% that reaches maturity on September 6, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $4,385,739
- Original balance (same notes)
- $5,000,000
- Interest rate
- 5.00% fixed
- Originated
- August 17, 2018
- Maturity
- September 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 5, 2028
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Deutsche Bank AG, New York Branch
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred May 5, 2026
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 14400 59 North, Humble, TX 77396
- Metro
- Houston-Pasadena-The Woodlands, TX
- Units, rooms or beds
- 110
- Built
- 1972, renovated 2012
- Value at securitization
- $7.4M (Jun 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 0.76x |
| Occupancy | 97% | 81% |
| Net operating income | n/a | $246K |
| Debt yield | 5.6% |
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 BENCHMARK 2018-B6 MORTGAGE TRUST filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Occupancy down 10 points or more from securitization
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 97% when the loan was securitized to 81%.
- At 0.76x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.4M | 90+ days delinquent | Yes | 0.76x | 81% |
| August 2026 | $4.4M | 90+ days delinquent | Yes | 0.76x | 81% |
| July 2026 | $4.4M | 90+ days delinquent | Yes | 0.76x | 81% |
| June 2026 | $4.4M | 90+ days delinquent | Yes | 0.76x | 81% |
| May 2026 | $4.4M | 60-89 days delinquent | Yes | 0.76x | 81% |
| April 2026 | $4.4M | 30-59 days delinquent | No | 0.33x | 90% |
| March 2026 | $4.4M | Late payment but less than 30 days delinquent | No | 0.33x | 90% |
| February 2026 | $4.4M | Not reported | No | 0.33x | 90% |
| January 2026 | $4.4M | Late payment but less than 30 days delinquent | No | 0.33x | 90% |
| December 2025 | $4.4M | Late payment but less than 30 days delinquent | No | 0.33x | 90% |
| November 2025 | $4.4M | Late payment but less than 30 days delinquent | No | 0.55x | 92% |
| October 2025 | $4.4M | Late payment but less than 30 days delinquent | No | 0.55x | 88% |
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.
Special-servicing history
- Transferred to the special servicer May 5, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2018-B6 MORTGAGE TRUST | 49 | $4,385,739 | Sep 2026 | SEC filing, September 25, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Heritage Plaza, Houston | Houston, TX | Office | $172.0M | 7.63% | May 2028 | 2.13x | 78% | Current |
| Sugar Land Town Square | Sugar Land, TX | Mixed use | $105.0M | 7.966% | Nov 2028 | 1.19x | 69% | Current |
| Rockridge Apartments | Houston, TX | Multifamily | $54.0M | 8.00% | Nov 2028 | 0.44x | 25% | With the special servicer and 90+ days delinquent |
| Pin Oak North Medical Office | Bellaire, TX | Office | $53.6M | 4.647% | Feb 2028 | 0.85x | 66% | With the special servicer and 90+ days delinquent |
| 5444 & 5430 Westheimer | Houston, TX | Office | $51.0M | 4.72% | Nov 2028 | 0.68x | 43% | Current |
| 6330 West Loop South | Bellaire, TX | Office | $48.4M | 8.18% | May 2028 | 1.21x | 88% | Current |
| Victory Lakes | League City, TX | Retail | $39.0M | 5.01% | Oct 2028 | n/a | n/a | Current |
| Market Center at Aliana | Richmond, TX | Retail | $37.0M | 7.03% | Oct 2028 | 1.29x | 95% | Current |
All loans maturing in 2028 · All Houston-Pasadena-The Woodlands loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.