Multifamily · Leesburg, Florida
Bentley Villas
Bentley Villas is financed with a $4.8M CMBS loan at 6.27% that reaches maturity on September 1, 2034, in 7 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,810,000
- Original balance (same notes)
- $4,810,000
- Interest rate
- 6.27% fixed
- Originated
- August 29, 2024
- Maturity
- September 1, 2034
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 30, 2034
- Master servicer
- KeyBank NA
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1175-1199 Bentley Road, Leesburg, FL 34748
- Metro
- Orlando-Kissimmee-Sanford, FL
- Units, rooms or beds
- 48
- Built
- 1988
- Value at securitization
- $7.4M (Jul 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.56x | 0.98x |
| Occupancy | 94% | n/a |
| Net operating income | $477K | $298K |
| Debt yield | 6.2% |
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 BBCMS Mortgage Trust 2024-C30 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since August 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
- Net operating income is 37% below the underwritten figure ($298K a year against $477K).
- Debt service coverage moved from 1.56x at securitization to 0.98x on the latest statements.
- At 0.98x, 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 | $4.8M | Current | No | 0.98x | n/a |
| August 2026 | $4.8M | Current | No | 0.98x | n/a |
| July 2026 | $4.8M | Current | No | n/a | n/a |
| June 2026 | $4.8M | Current | No | n/a | n/a |
| May 2026 | $4.8M | Current | No | n/a | n/a |
| April 2026 | $4.8M | Current | No | 1.01x | 75% |
| March 2026 | $4.8M | Late payment but less than 30 days delinquent | No | 1.01x | 75% |
| February 2026 | $4.8M | Current | No | 1.01x | 75% |
| January 2026 | $4.8M | Current | No | 1.01x | 75% |
| December 2025 | $4.8M | Current | No | 0.96x | 75% |
| November 2025 | $4.8M | Current | No | 0.96x | 75% |
| October 2025 | $4.8M | Current | No | 0.96x | 75% |
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-C30 | 36 | $4,810,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Belle Avenue | Winter Springs, FL | Industrial | $38.4M | 6.536% | Jul 2034 | n/a | n/a | Current |
| Commerce Boulevard Industrial | Kissimmee, FL | Industrial | $15.0M | 7.058% | Nov 2034 | n/a | n/a | Current |
| Orange Blossom Center | Orlando, FL | Retail | $11.0M | 6.696% | Aug 2034 | 2.65x | 99% | Current |
| Walnut Ridge | Leesburg, FL | Multifamily | $2.6M | 6.53% | Jul 2034 | n/a | n/a | Current |
| Azalea Hill Apartments | Leesburg, FL | Multifamily | $2.5M | 6.57% | Aug 2034 | 0.87x | 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.