Office portfolio, 12 properties · Bingham Farms, Michigan
Bingham III
Public CMBS trusts hold $8.3M of the loan on this portfolio at 4.015% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,297,113
- Original balance (same notes)
- $14,500,000
- Interest rate
- 4.015% fixed
- Originated
- October 25, 2019
- Maturity
- November 6, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- March 5, 2022
- Prepayment premium ends
- July 5, 2029 (yield maintenance)
- Master servicer
- Bernard Financial Corporation
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently April 29, 2026
- Defeasance
- Partly defeased
The property
- Address
- 30200 Telegraph Road, Bingham Farms, MI 48025
- Metro
- Detroit-Warren-Dearborn, MI
- Value at securitization
- $73.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $5.7M | n/a |
Watch flags
Computed from the Morgan Stanley Capital I Trust 2020-L4 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Modified
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Bingham III | Bingham Farms, MI | Office | n/a | n/a |
| 30445 Northwestern Highway | Farmington Hills, MI | Office | n/a | n/a |
| 1750 South Telegraph Road | Bloomfield Township, MI | Office | n/a | n/a |
| 2550 South Telegraph Road | Bloomfield Township, MI | Office | n/a | n/a |
| 32270 Telegraph Road | Bingham Farms, MI | Office | n/a | n/a |
| 2525 South Telegraph Road | Bloomfield Township, MI | Office | n/a | n/a |
| Ellsworth Shopping Center | Ellsworth, ME | Retail | n/a | n/a |
| 3300 Alpine Avenue | Walker, MI | Retail | n/a | n/a |
| 21 East Long Lake Road | Bloomfield Hills, MI | Office | n/a | n/a |
| Fairways Office Building | Farmington Hills, MI | Office | n/a | n/a |
| 7115 Orchard Lake Road | West Bloomfield Township, MI | Office | n/a | n/a |
| CGS Canton | Canton, MI | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.3M | Current | No | n/a | n/a |
| August 2026 | $8.3M | Current | No | n/a | n/a |
| July 2026 | $8.3M | Current | No | n/a | n/a |
| June 2026 | $8.4M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $8.4M | Current | No | n/a | n/a |
| April 2026 | $9.5M | Current | No | n/a | n/a |
| March 2026 | $9.5M | Current | No | n/a | n/a |
| February 2026 | $9.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| January 2026 | $9.5M | Current | No | n/a | n/a |
| December 2025 | $10.1M | Current | No | n/a | n/a |
| November 2025 | $11.1M | Current | No | n/a | n/a |
| October 2025 | $13.8M | 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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-L4 | 22 | $8,297,113 | Sep 2026 | SEC filing, October 2, 2026 |
Other Detroit-Warren-Dearborn loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| First National Building | Detroit, MI | Office | $430.0M | 3.778% | Jan 2029 | n/a | n/a | Current |
| FCA USA - Detroit, MI | Detroit, MI | Industrial | $147.9M | 5.744% | Apr 2029 | n/a | n/a | Current |
| Bedrock Mixed-Use Portfolio | Detroit, MI | Other | $75.0M | 6.385% | Jun 2029 | 1.64x | 83% | Current |
| Garfield Commons | Clinton Township, MI | Multifamily | $75.0M | 7.32% | Jan 2029 | n/a | n/a | Current |
| Amazon Distribution Livonia | Livonia, MI | Industrial | $34.0M | 3.73% | May 2029 | 3.79x | 100% | Current |
| Pointe Plaza | Grosse Pointe Woods, MI | Mixed use | $30.5M | 7.955% | Jul 2029 | 1.61x | 100% | Current |
| Northville Village Shopping Center Phase I | Northville, MI | Retail | $29.5M | 6.50% | Sep 2029 | 1.65x | 98% | Current |
| Waterside Marketplace | Chesterfield, MI | Retail | $25.8M | 6.21% | Nov 2029 | 2.34x | 93% | Current |
All loans maturing in 2029 · All Detroit-Warren-Dearborn 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.