Multifamily · Kansas City, Kansas
Black Lark Apartments
Black Lark Apartments is financed with a $29.8M CMBS loan at 6.55% that reaches maturity on May 6, 2030, in 3 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $29,844,167
- Original balance (same notes)
- $30,250,000
- Interest rate
- 6.55% fixed
- Originated
- April 30, 2025
- Maturity
- May 6, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 5, 2027
- Prepayment premium ends
- February 5, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- LMF Commercial, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1980 North 2nd Street, Kansas City, KS 66101
- Metro
- Kansas City, MO-KS
- Units, rooms or beds
- 265
- Built
- 1962, renovated 2024
- Value at securitization
- $47.7M (Mar 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.25x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $2.9M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2025-5C36 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 | $29.8M | Current | No | n/a | n/a |
| August 2026 | $29.9M | Current | No | n/a | n/a |
| July 2026 | $29.9M | Current | No | n/a | n/a |
| June 2026 | $29.9M | Current | No | n/a | n/a |
| May 2026 | $29.9M | Current | No | n/a | n/a |
| April 2026 | $30.0M | Current | No | n/a | n/a |
| March 2026 | $30.0M | Current | No | n/a | n/a |
| February 2026 | $30.0M | Current | No | n/a | n/a |
| January 2026 | $30.1M | Current | No | n/a | n/a |
| December 2025 | $30.1M | Current | No | n/a | n/a |
| November 2025 | $30.1M | Current | No | n/a | n/a |
| October 2025 | $30.1M | 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 2025-5C36 | 8 | $29,844,167 | Sep 2026 | SEC filing, September 29, 2026 |
Other Kansas City loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Park Place Village | Leawood, KS | Mixed use | $62.0M | 6.54% | Oct 2030 | 2.69x | 96% | Current |
| Natural Grocers - Independence | Independence, MO | Retail | $24.3M | 6.228% | Aug 2030 | n/a | n/a | Current |
| Gateway Tower, Kansas City | Kansas City, KS | Office | $7.5M | 4.284% | Jan 2030 | 2.05x | 92% | Current |
| College Metcalf | Overland Park, KS | Mixed use | $7.3M | 3.22% | Mar 2030 | 3.76x | 86% | Current |
| 8300 College Boulevard | Overland Park, KS | Office | $6.3M | 3.90% | Mar 2030 | 1.64x | 87% | 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.