Manufactured housing · Daytona Beach, Florida
Daytona Beach MHC
Daytona Beach MHC is financed with a $3.3M CMBS loan at 6.08% that reaches maturity on February 1, 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
- $3,255,000
- Original balance (same notes)
- $3,255,000
- Interest rate
- 6.08% fixed
- Originated
- January 21, 2026
- Maturity
- February 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 31, 2028
- Prepayment premium ends
- July 31, 2030 (yield maintenance)
- Master servicer
- Midland
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 622 and 634 North Beach Street, Daytona Beach, FL 32114
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- Units, rooms or beds
- 59
- Built
- 1972
- Value at securitization
- $5.0M (Nov 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.32x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $265K | n/a |
Watch flags
Computed from the BANK5 2026-5YR21 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.
The last 6 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.3M | Current | No | n/a | n/a |
| August 2026 | $3.3M | Current | No | n/a | n/a |
| July 2026 | $3.3M | Current | No | n/a | n/a |
| June 2026 | $3.3M | Current | No | n/a | n/a |
| May 2026 | $3.3M | Current | No | n/a | n/a |
| April 2026 | $3.3M | Current | No | 0.99x | 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 |
|---|---|---|---|---|
| BANK5 2026-5YR21 | 31 | $3,255,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Deltona-Daytona Beach-Ormond Beach loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Icon One Daytona | Daytona Beach, FL | Multifamily | $50.0M | 3.77% | Sep 2031 | n/a | n/a | Current |
| Walmart Deland | Deland, FL | Other | $6.0M | 4.01% | Jun 2031 | 1.86x | 100% | Current |
| Treasure by the Sea | Flagler Beach, FL | Manufactured housing | $6.0M | 6.747% | Jun 2031 | n/a | n/a | Current |
| Town and Country | Bunnell, FL | Self storage | $3.3M | 4.424% | Dec 2031 | 1.92x | 100% | Current |
All loans maturing in 2031 · All Deltona-Daytona Beach-Ormond 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.