Retail portfolio, 10 properties · Orchard Park, New York
Crossroads Centre
Public CMBS trusts hold $100.5M of the loan on this portfolio at 6.40% that reaches maturity on December 1, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $100,500,000
- Original balance (same notes)
- $100,500,000
- Interest rate
- 6.40% fixed
- Originated
- November 20, 2024
- Maturity
- December 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 31, 2027
- Prepayment premium ends
- May 31, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3201-3231, 3233 Southwestern Boulevard 3236, 3245, 3275 Southwestern Boulevard, Orchard Park, NY 14127
- Metro
- Buffalo-Cheektowaga, NY
- Value at securitization
- $161.8M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | $11.3M | $11.4M |
| Debt yield | 11.3% |
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 Benchmark 2025-V13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Crossroads Centre | Orchard Park, NY | Retail | 95% | 1.72x |
| Panorama Plaza | Rochester, NY | Retail | n/a | n/a |
| Cheektowaga Plaza | Cheektowaga, NY | Retail | n/a | n/a |
| Amherst Plaza | Amherst, NY | Retail | n/a | n/a |
| Chillicothe Place | Chillicothe, OH | Retail | n/a | n/a |
| Midway Plaza | Loganville, GA | Retail | n/a | n/a |
| Ontario Plaza | Ontario, NY | Retail | n/a | n/a |
| Jamestown Plaza | Jamestown, NY | Retail | n/a | n/a |
| Tops Plaza | Le Roy, NY | Retail | n/a | n/a |
| Warsaw Plaza | Warsaw, NY | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $100.5M | Current | No | 1.72x | 95% |
| August 2026 | $100.5M | Current | No | 1.72x | 93% |
| July 2026 | $100.5M | Current | No | 1.72x | 93% |
| June 2026 | $100.5M | Current | No | n/a | n/a |
| May 2026 | $100.5M | Current | No | n/a | n/a |
| April 2026 | $100.5M | Current | No | 8.30x | 93% |
| March 2026 | $100.5M | Current | No | 8.30x | 93% |
| February 2026 | $100.5M | Current | No | 1.72x | 93% |
| January 2026 | $100.5M | Current | No | 1.72x | 93% |
| December 2025 | $100.5M | Current | No | 1.72x | 93% |
| November 2025 | $100.5M | Current | No | 1.72x | 93% |
| October 2025 | $100.5M | Current | No | 4.29x | 94% |
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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-5C31 | 3 | $65,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2025-5C1 | 17 | $22,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Benchmark 2025-V13 Mortgage Trust | 20 | $13,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Buffalo-Cheektowaga loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Residences at 279 North | Buffalo, NY | Mixed use | $22.8M | 6.69% | Mar 2029 | 1.23x | 95% | Current |
| Colonie Apartments | Amherst, NY | Multifamily | $14.2M | 5.15% | Feb 2029 | n/a | n/a | Current |
| Tolip Apartments | Tonawanda, NY | Multifamily | $4.5M | 5.40% | Feb 2029 | 2.23x | 91% | 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.