Retail portfolio, 25 properties · Multiple locations
Coastal Equities Portfolio
Public CMBS trusts hold $49.0M of the loan on this portfolio at 6.35% that reaches maturity on May 1, 2035, in 8 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
- $49,000,000
- Original balance (same notes)
- $49,000,000
- Interest rate
- 6.35% fixed
- Originated
- April 30, 2025
- Maturity
- May 1, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 30, 2027
- Prepayment premium ends
- November 30, 2034 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Value at securitization
- $239.0M (Feb 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 2.09x |
| Occupancy | 89% | 99% |
| Net operating income (annualized from 3 months) | $18.8M | $21.8M |
| Debt yield | 44.5% |
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 BANK 2025-BNK50 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 89% when the loan was securitized to 99%.
- Net operating income is 16% above the underwritten figure ($21.8M a year against $18.8M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.83x at securitization to 2.09x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $49.0M | Current | No | 2.09x | 99% |
| August 2026 | $49.0M | Current | No | 2.09x | 99% |
| July 2026 | $49.0M | Current | No | 2.09x | 99% |
| June 2026 | $49.0M | Current | No | 1.74x | n/a |
| May 2026 | $49.0M | Current | No | 1.74x | n/a |
| April 2026 | $49.0M | Current | No | 1.74x | n/a |
| March 2026 | $49.0M | Current | No | n/a | n/a |
| February 2026 | $49.0M | Current | No | n/a | n/a |
| January 2026 | $49.0M | Current | No | n/a | n/a |
| December 2025 | $49.0M | Current | No | n/a | n/a |
| November 2025 | $49.0M | Current | No | n/a | n/a |
| October 2025 | $49.0M | 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 |
|---|---|---|---|---|
| BANK 2025-BNK50 | 3 | $49,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other retail loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Washington Square | Portland, OR | Retail | $315.5M | 5.577% | Apr 2035 | n/a | n/a | Current |
| The Shops at Mission Viejo | Mission Viejo, CA | Retail | $155.0M | 6.725% | Jan 2035 | 1.82x | 90% | Current |
| 4 Union Square South | New York, NY | Retail | $120.0M | 5.642% | Sep 2035 | n/a | n/a | Current |
| Ellenton Premium Outlets | Ellenton, FL | Retail | $120.0M | 6.208% | Dec 2035 | n/a | n/a | Current |
| Meyers | Detroit, MI | Retail | $111.0M | 6.35% | May 2035 | n/a | n/a | Current |
| Burke Centre | Burke, VA | Retail | $88.0M | 6.39% | Oct 2035 | 1.22x | 100% | Current |
| Stow Property | Stow, OH | Retail | $81.9M | 5.95% | Dec 2035 | n/a | n/a | Current |
| St. Rose Square | Henderson, NV | Retail | $59.0M | 6.81% | Feb 2035 | 1.49x | 100% | 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.