Office · West Chester, Ohio
Centre Pointe Portfolio
Public CMBS trusts hold $47.6M of the loan on Centre Pointe Portfolio at 7.024% that reaches maturity on July 6, 2033, in 6 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $47,650,000
- Original balance (same notes)
- $47,650,000
- Interest rate
- 7.024% fixed
- Originated
- June 22, 2023
- Maturity
- July 6, 2033
- Payments
- Interest only for 90 months, then amortizing
- Prepayment lockout ends
- April 5, 2033
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 9100, 9050, 9075, 9025 & 9277 Centre Pointe Drive, West Chester, OH 45069
- Metro
- Cincinnati, OH-KY-IN
- Rentable area
- 640,177 sq ft
- Built
- 2000
- Largest tenants
- Synchrony; 3dB Labs Inc.; Contech Construction Products
- Value at securitization
- $70.2M (Apr 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.79x | 1.89x |
| Occupancy | 82% | 87% |
| Net operating income (annualized from 6 months) | $6.8M | $6.5M |
| Debt yield | 13.5% |
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 BBCMS Mortgage Trust 2024-C24 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.
What the filing shows
- Occupancy has risen from 82% when the loan was securitized to 87%.
- Net operating income is 5% below the underwritten figure ($6.5M a year against $6.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.79x at securitization to 1.89x on the latest statements.
- The filing gives Oct 2027 as the lease end date for the largest tenant (Synchrony), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $47.6M | Current | No | 1.89x | 87% |
| August 2026 | $47.6M | Current | No | 1.80x | 87% |
| July 2026 | $47.6M | Current | No | 1.80x | 87% |
| June 2026 | $47.6M | Current | No | 1.80x | 87% |
| May 2026 | $47.6M | Current | No | 1.83x | 87% |
| April 2026 | $47.6M | Current | No | 1.83x | 87% |
| March 2026 | $47.6M | Current | No | 1.83x | 87% |
| February 2026 | $47.6M | Current | No | 1.77x | 82% |
| January 2026 | $47.6M | Current | No | 1.77x | 82% |
| December 2025 | $47.6M | Current | No | 1.77x | 82% |
| November 2025 | $47.6M | Current | No | 1.74x | 84% |
| October 2025 | $47.6M | Current | No | 1.74x | 84% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| MSWF Commercial Mortgage Trust 2023-2 | 12 | $30,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 11-A-2 | $17,650,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Cincinnati loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 2000 Commerce Center Drive | Franklin, OH | Industrial | $125.0M | 6.226% | Jun 2033 | n/a | n/a | Current |
| Ferncrest Apartments | Cincinnati, OH | Multifamily | $39.0M | 6.91% | Apr 2033 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Valley Hill Apartments | Cincinnati, OH | Multifamily | $21.0M | 7.03% | Jul 2033 | n/a | n/a | With the special servicer and 90+ days delinquent |
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.