Retail portfolio, 14 properties · Spartanburg, South Carolina
Converse Plaza
This portfolio is financed with a $64.2M CMBS loan at 6.41% that reaches maturity on November 6, 2032, in 6 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $64,206,381
- Original balance (same notes)
- $65,500,000
- Interest rate
- 6.41% fixed
- Originated
- October 25, 2022
- Maturity
- November 6, 2032
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- April 5, 2023
- Prepayment premium ends
- August 5, 2032 (yield maintenance)
- Master servicer
- Midland
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently September 30, 2025
- Defeasance
- Partly defeased
The property
- Address
- 1200 East Main Street, Spartanburg, SC 29307
- Value at securitization
- $94.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | n/a | $10.5M |
| Debt yield | 16.3% |
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 2022-C18 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Modified
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Converse Plaza | Spartanburg, SC | Retail | n/a | n/a |
| Oak Forest Plaza | Spartanburg, SC | Retail | n/a | n/a |
| Pine Belt Plaza | Columbia, SC | Retail | n/a | n/a |
| Spring Valley Commons | Columbia, SC | Retail | n/a | n/a |
| Shelby Plaza | Shelby, NC | Retail | n/a | n/a |
| Westgate Plaza | Mobile, AL | Retail | n/a | n/a |
| Beaumont Plaza | Spartanburg, SC | Retail | 100% | 1.06x |
| North Town Center | Spartanburg, SC | Retail | n/a | n/a |
| Fernwood Plaza | Spartanburg, SC | Retail | n/a | n/a |
| Parkmore Plaza | Milton, FL | Retail | n/a | n/a |
| Reidville Circle | Spartanburg, SC | Retail | n/a | n/a |
| Pensacola Plaza | Pensacola, FL | Retail | n/a | n/a |
| Merchant's Plaza | Spartanburg, SC | Retail | n/a | n/a |
| Cleveland Village | Spartanburg, SC | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $64.2M | Current | No | n/a | n/a |
| August 2026 | $64.3M | Current | No | n/a | n/a |
| July 2026 | $64.3M | Current | No | n/a | n/a |
| June 2026 | $64.4M | Current | No | n/a | n/a |
| May 2026 | $64.4M | Current | No | n/a | n/a |
| April 2026 | $64.5M | Current | No | n/a | n/a |
| March 2026 | $64.6M | Current | No | n/a | n/a |
| February 2026 | $64.6M | Current | No | n/a | n/a |
| January 2026 | $64.7M | Current | No | n/a | n/a |
| December 2025 | $64.8M | Current | No | n/a | n/a |
| November 2025 | $64.8M | Current | No | n/a | n/a |
| October 2025 | $64.9M | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2022-C18 | 2 | $64,206,381 | Sep 2026 | SEC filing, September 29, 2026 |
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.