Retail · Berwick, Pennsylvania
Briar Creek Plaza
Briar Creek Plaza is financed with a $7.5M CMBS loan at 3.375% that reaches maturity on June 6, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,465,113
- Original balance (same notes)
- $7,500,000
- Interest rate
- 3.375% fixed
- Originated
- June 4, 2021
- Maturity
- June 6, 2031
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- July 5, 2023
- Prepayment premium ends
- March 5, 2031 (yield maintenance)
- Master servicer
- Midland
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 35-65 Briar Creek Plaza, Berwick, PA 18603
- Rentable area
- 65,864 sq ft
- Built
- 1999
- Largest tenants
- Giant Food Store; First Keystone Community Bank; PLCB
- Value at securitization
- $11.7M (Apr 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.07x | n/a |
| Occupancy | 89% | n/a |
| Net operating income | $825K | n/a |
Watch flags
Computed from the Morgan Stanley Capital I Trust 2021-L6 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 | $7.5M | Current | No | n/a | n/a |
| August 2026 | $7.5M | Current | No | n/a | n/a |
| July 2026 | $7.5M | Current | No | n/a | n/a |
| June 2026 | $7.5M | Current | No | n/a | n/a |
| May 2026 | $7.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $7.5M | Current | No | 3.82x | 100% |
| March 2026 | $7.5M | Current | No | 3.82x | 100% |
| February 2026 | $7.5M | Current | No | n/a | n/a |
| January 2026 | $7.5M | Current | No | n/a | n/a |
| December 2025 | $7.5M | Current | No | n/a | n/a |
| November 2025 | $7.5M | Current | No | n/a | n/a |
| October 2025 | $7.5M | 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 2021-L6 | 30 | $7,465,113 | Sep 2026 | SEC filing, October 2, 2026 |
Other Pennsylvania loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Atlantic | Philadelphia, PA | Multifamily | $125.0M | 3.456% | Feb 2031 | 1.26x | 95% | Current |
| 400 Arcola Road | Collegeville, PA | Mixed use | $110.0M | 6.781% | Mar 2031 | n/a | n/a | Current |
| Foster Plaza | Pittsburgh, PA | Office | $85.3M | 3.392% | Jan 2031 | n/a | n/a | Current |
| Velocity Industrial Portfolio | Lansdale, PA | Industrial | $75.0M | 3.23% | Jul 2031 | 3.29x | 90% | Current |
| Two Penn Center | Philadelphia, PA | Office | $67.9M | 3.268% | Apr 2031 | 2.07x | 74% | Current |
| 300 Four Falls | Conshohocken, PA | Office | $57.6M | 6.846% | Jan 2031 | 0.96x | 89% | Current |
| Wessex House | Wayne, PA | Multifamily | $57.5M | 5.72% | Mar 2031 | n/a | n/a | Current |
| The Court at Oxford Valley | Fairless Hills, PA | Retail | $52.6M | 3.20% | Jul 2031 | 2.23x | 92% | 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.