Retail · Brownwood, Texas
Commerce Square
Commerce Square is financed with a $11.3M CMBS loan at 6.075% that reaches maturity on January 6, 2036, in 9 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,270,000
- Original balance (same notes)
- $11,270,000
- Interest rate
- 6.075% fixed
- Originated
- December 18, 2025
- Maturity
- January 6, 2036
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2035
- Master servicer
- Trimont LLC
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 509 West Commerce Street, Brownwood, TX 76801
- Rentable area
- 162,393 sq ft
- Built
- 1969, renovated 2014
- Largest tenants
- Marmaxx Operating Corporation; Burke's Outlet Store; Aldi (Texas) L.L.C.
- Value at securitization
- $16.6M (Oct 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.03x | n/a |
| Occupancy | 93% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the BMO 2026-C14 Mortgage Trust 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.
What the filing shows
- The filing gives Mar 2033 as the lease end date for the largest tenant (Marmaxx Operating Corporation), before the loan matures. Lenders look hard at that rollover.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.3M | Current | No | n/a | n/a |
| August 2026 | $11.3M | Current | No | n/a | n/a |
| July 2026 | $11.3M | Current | No | n/a | n/a |
| June 2026 | $11.3M | Current | No | n/a | n/a |
| May 2026 | $11.3M | Current | No | n/a | n/a |
| April 2026 | $11.3M | Current | No | n/a | n/a |
| March 2026 | $11.3M | Current | No | n/a | n/a |
| February 2026 | $11.3M | 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 |
|---|---|---|---|---|
| BMO 2026-C14 Mortgage Trust | 19 | $11,270,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Texas loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Offices at Park Lane | Dallas, TX | Office | $38.0M | 6.43% | Jun 2036 | n/a | n/a | Current |
| Tractor Supply - Brenham (Market St), TX | Brenham, TX | Retail | $26.8M | 6.08% | Jan 2036 | n/a | n/a | Current |
| Jll Plaza Leased Fee | Austin, TX | Other | $23.7M | 6.346% | May 2036 | 1.10x | 100% | Current |
| Northcross Shopping Center | Victoria, TX | Retail | $16.4M | 6.81% | May 2036 | n/a | n/a | Current |
| Grizzly Self Storage - Mesquite | Mesquite, TX | Self storage | $8.2M | 6.46% | Jun 2036 | n/a | n/a | Current |
| Holiday Inn Express & Suites Lubbock West | TX | Hotel | $7.0M | 7.791% | Aug 2036 | n/a | n/a | Current |
| Northpark Village | Lubbock, TX | Retail | $6.4M | 6.27% | Jan 2036 | n/a | n/a | Current |
| Extra Space Storage - El Paso | Canutillo, TX | Self storage | $6.2M | 6.16% | May 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.