Multifamily · Tampa, Florida
CANDLEWOOD APARTMENTS and COUNTRY VILLAS
CANDLEWOOD APARTMENTS and COUNTRY VILLAS is financed with a $12.5M CMBS loan at 3.525% that reaches maturity on February 1, 2031, in 4 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,500,000
- Original balance (same notes)
- $12,500,000
- Interest rate
- 3.525% fixed
- Originated
- January 28, 2021
- Maturity
- February 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 31, 2030
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5958-5982, 5938-5956, 5928-5936, 5912-5926, 5902-5910, 5901-5915, 5919-5931, 5933-5947 Oak River Drive and 8401 Aiken Court, Tampa, FL 33615
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Units, rooms or beds
- 211
- Built
- 1981
- Value at securitization
- $20.7M (Nov 2020)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.73x | 3.19x |
| Occupancy | 97% | 97% |
| Net operating income | $1.2M | $1.4M |
| Debt yield | 11.4% |
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 BANK 2021-BNK32 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
What the filing shows
- Net operating income is 17% above the underwritten figure ($1.4M a year against $1.2M).
- Debt service coverage moved from 2.73x at securitization to 3.19x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.5M | Current | No | 3.19x | 97% |
| August 2026 | $12.5M | Current | No | 3.19x | 97% |
| July 2026 | $12.5M | Current | No | 3.19x | 97% |
| June 2026 | $12.5M | Current | No | 3.19x | 97% |
| May 2026 | $12.5M | Current | No | 3.19x | 97% |
| April 2026 | $12.5M | Current | No | 3.19x | 97% |
| March 2026 | $12.5M | Current | No | 3.19x | 97% |
| February 2026 | $12.5M | Current | No | 3.59x | 89% |
| January 2026 | $12.5M | Current | No | 3.59x | 89% |
| December 2025 | $12.5M | Current | No | 3.59x | 89% |
| November 2025 | $12.5M | Current | No | 3.59x | 89% |
| October 2025 | $12.5M | Current | No | 3.59x | 89% |
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 |
|---|---|---|---|---|
| BANK 2021-BNK32 | 20 | $12,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Renaissance Center Park | Tampa, FL | Office | $97.0M | 6.615% | Feb 2031 | n/a | n/a | Current |
| Bahia Apartments | Tampa, FL | Multifamily | $48.0M | 3.97% | Dec 2031 | n/a | n/a | Current |
| Marriott Tampa Westshore | Tampa, FL | Hotel | $46.4M | 6.613% | Jun 2031 | n/a | n/a | Current |
| First Central Tower | St. Petersburg, FL | Office | $45.1M | 3.42% | Feb 2031 | 3.59x | 91% | Current |
| Ubc (i Ii&iv) | Tampa, FL | Office | $39.8M | 6.65% | Mar 2031 | n/a | n/a | Current |
| Innovo at Waters | Tampa, FL | Multifamily | $35.3M | 5.96% | Apr 2031 | n/a | n/a | Current |
| Morgan Stanley Tower | St. Petersburg, FL | Office | $32.4M | 3.50% | Mar 2031 | n/a | n/a | Current |
| Lofts at River Edge | Tampa, FL | Multifamily | $22.0M | 7.11% | Feb 2031 | n/a | n/a | Late, less than 30 days |
All loans maturing in 2031 · All Tampa-St. Petersburg-Clearwater 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.