Multifamily portfolio, 2 properties · Waco, Texas
Domain At Waco
Public CMBS trusts hold $55.0M of the loan on this portfolio at 7.66% that reaches maturity on June 6, 2034, in 7 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $55,000,000
- Original balance (same notes)
- $55,000,000
- Interest rate
- 7.66% fixed
- Originated
- May 31, 2024
- Maturity
- June 6, 2034
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2034
- Master servicer
- Midland
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- Transferred March 18, 2026, returned August 6, 2026
- Workout strategy
- Resolved
- Modified
- Yes, most recently July 28, 2026
- Defeasance
- None reported
The property
- Address
- 2825 South University Parks Drive, Waco, TX 76706
- Value at securitization
- $102.3M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $5.9M | $4.8M |
| Debt yield | 8.8% |
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 2024-C30 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.
What the filing shows
- Net operating income is 18% below the underwritten figure ($4.8M a year against $5.9M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Domain At Waco | Waco, TX | Multifamily | 92% | 1.15x |
| Ntx Denton | Denton, TX | Multifamily | 92% | 1.11x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $55.0M | Payment not received but still in grace period or not yet due | No | 1.15x | 92% |
| August 2026 | $55.0M | Current | Yes | 1.09x | n/a |
| July 2026 | $55.0M | Late payment but less than 30 days delinquent | Yes | 1.09x | n/a |
| June 2026 | $55.0M | Current | Yes | 1.09x | n/a |
| May 2026 | $55.0M | Payment not received but still in grace period or not yet due | Yes | n/a | n/a |
| April 2026 | $55.0M | Late payment but less than 30 days delinquent | Yes | 1.08x | 95% |
| March 2026 | $55.0M | Current | No | 1.08x | 95% |
| February 2026 | $55.0M | Payment not received but still in grace period or not yet due | No | 1.08x | 95% |
| January 2026 | $55.0M | Current | No | 1.08x | 95% |
| December 2025 | $55.0M | Current | No | 1.08x | 95% |
| November 2025 | $55.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $55.0M | Late payment but less than 30 days delinquent | 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.
Special-servicing history
- Transferred to the special servicer March 18, 2026, returned to the master servicer August 6, 2026.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-C9 Mortgage Trust | 7 | $45,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BBCMS Mortgage Trust 2024-C30 | 25 | $10,000,000 | 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.