Office · Fort Lauderdale, Florida
Cypress Financial Center
Cypress Financial Center is financed with a $27.6M CMBS loan at 3.715% that reaches maturity on February 6, 2031, in 4 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $27,615,000
- Original balance (same notes)
- $27,615,000
- Interest rate
- 3.715% fixed
- Originated
- January 27, 2021
- Maturity
- February 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2030
- Originator
- BSPRT CMBS Finance, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5900 North Andrews Avenue, Fort Lauderdale, FL 33309
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 205,820 sq ft
- Built
- 1988, renovated 2019
- Largest tenants
- Hayes Medical Staffing, LLC; Tabacalera USA Inc.; TD Bank, N.A.
- Value at securitization
- $47.8M (Dec 2022)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.21x | n/a |
| Occupancy | 90% | n/a |
| Net operating income | $3.3M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2021-C9 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $27.6M | Current | No | n/a | n/a |
| August 2026 | $27.6M | Current | No | n/a | n/a |
| July 2026 | $27.6M | Current | No | n/a | n/a |
| June 2026 | $27.6M | Current | No | n/a | n/a |
| May 2026 | $27.6M | Current | No | n/a | n/a |
| April 2026 | $27.6M | Current | No | 2.55x | 92% |
| March 2026 | $27.6M | Current | No | 2.68x | 92% |
| February 2026 | $27.6M | Current | No | 2.68x | 93% |
| January 2026 | $27.6M | Current | No | 2.68x | 93% |
| December 2025 | $27.6M | Current | No | 2.68x | 93% |
| November 2025 | $27.6M | Current | No | 3.14x | 88% |
| October 2025 | $27.6M | Current | No | 3.14x | 88% |
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 2021-C9 | 8 | $27,615,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Phillips Point | West Palm Beach, FL | Office | $198.5M | 3.34% | Feb 2031 | 2.04x | 74% | Current |
| Cottage Cove Apartments | Miami, FL | Multifamily | $87.5M | 6.45% | Feb 2031 | n/a | n/a | Current |
| Extra Space Brickell | Miami, FL | Self storage | $65.0M | 3.99% | May 2031 | n/a | n/a | Current |
| Holiday Inn Miami Hialeah | Hialeah Gardens, FL | Hotel | $60.0M | 7.372% | Mar 2031 | n/a | n/a | Current |
| Doral Concourse | Doral, FL | Office | $56.0M | 3.31% | Aug 2031 | 2.24x | 84% | Current |
| 17 West Miami | Miami Beach, FL | Mixed use | $55.0M | 3.81% | Dec 2031 | 1.67x | 100% | Current |
| Doral Center | Doral, FL | Office | $53.5M | 7.35% | Aug 2031 | n/a | n/a | Current |
| Innovo at Sunrise | Sunrise, FL | Multifamily | $34.0M | 5.96% | Apr 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Miami-Fort Lauderdale-West Palm Beach loans
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.