Other · Boynton Beach, Florida
Boynton Medplex
900 North Congress Avenue, Boynton Beach, FL · Google Maps
Boynton Medplex is financed with a $9.4M CMBS loan at 7.106% that reaches maturity on September 6, 2036, in 9 years and 10 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $9,436,648
- Original balance (same notes)
- $9,450,000
- Interest rate
- 7.106% fixed
- Originated
- September 11, 2026
- Maturity
- September 6, 2036
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- March 5, 2027
- Prepayment premium ends
- March 5, 2036 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 900 North Congress Avenue, Boynton Beach, FL 33426
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 25,250 sq ft
- Built
- 2018
- Largest tenants
- Immersion Residential, LLC
- Value at securitization
- $16.3M (Apr 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.75x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.3M | n/a |
Comparable loans: other properties in Miami-Fort Lauderdale-West Palm Beach, FL, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-B44 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC November 3, 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.
Operating statement
| Annual | At securitization | Latest | Per sq ft |
|---|---|---|---|
| Revenue | $1.4M | n/a | |
| Operating expenses | $41K | n/a | |
| Net operating income | $1.3M | n/a | |
| Net cash flow | $1.3M | n/a | |
| Expense ratio | 3.0% | n/a |
From the servicer's Schedule AL report; 25,250 sq ft.
Largest tenants
| Tenant | Sq ft | Share of building | Lease ends |
|---|---|---|---|
| Immersion Residential, LLC | 25,250 | 100% | Aug 2038 |
Red: the lease ends before the loan matures.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-B44 Mortgage Trust | 21 | $9,436,648 | Nov 2026 | SEC filing, November 3, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Falls | Miami, FL | Retail | $130.0M | 6.981% | Jun 2036 | 1.77x | 96% | Current |
| 1688 Meridian Avenue | Miami Beach, FL | Office | $28.8M | 6.187% | Feb 2036 | 1.23x | 84% | Current |
| RC Shoppes & Apartments | Boynton Beach, FL | Mixed use | $17.0M | 6.80% | Jun 2036 | 1.46x | 93% | Current |
| Miami 8-Pack | Miami, FL | Multifamily | $15.0M | 6.62% | Jan 2036 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.