Office · Doral, Florida
Doral Center
Doral Center is financed with a $53.5M CMBS loan at 7.35% that reaches maturity on August 11, 2031, in 4 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $53,500,000
- Original balance (same notes)
- $53,500,000
- Interest rate
- 7.35% fixed
- Originated
- July 30, 2026
- Maturity
- August 11, 2031
- Payments
- Interest only for the full term
- Prepayment premium ends
- May 10, 2031 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3750 NW 87th Avenue 8750 NW 36th Street, Doral, FL 33178
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 292,229 sq ft
- Built
- 1985, renovated 2020
- Largest tenants
- Quest Workspaces; State of FL - Dept of Revenue; Provider Network Solutions, LLC
- Value at securitization
- $78.3M (May 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.36x | n/a |
| Occupancy | 79% | n/a |
| Net operating income | $5.4M | n/a |
Watch flags
Computed from the BMO 2026-5C16 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $53.5M | Current | No | n/a | n/a |
| August 2026 | $53.5M | Payment not received but still in grace period or not yet due | 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 |
|---|---|---|---|---|
| BMO 2026-5C16 Mortgage Trust | 4 | $53,500,000 | Sep 2026 | SEC filing, October 2, 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 |
| Innovo at Sunrise | Sunrise, FL | Multifamily | $34.0M | 5.96% | Apr 2031 | n/a | n/a | Current |
| Crossroads I II & IV | Plantation, FL | Office | $33.5M | 6.571% | Feb 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.