Self storage · Dunedin, Florida
Dunedin Mini Storage
Dunedin Mini Storage is financed with a $2.0M CMBS loan at 4.50% that reaches maturity on April 11, 2030, in 3 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,018,349
- Original balance (same notes)
- $2,137,500
- Interest rate
- 4.50% fixed
- Originated
- March 12, 2020
- Maturity
- April 11, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- June 10, 2023
- Master servicer
- Trimont LLC
- Originator
- Exantas Real Estate LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1891 and 1903 Main Street, Dunedin, FL 34698
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 29,117 sq ft
- Units, rooms or beds
- 354
- Built
- 1984
- Value at securitization
- $3.7M (Jan 2021)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.88x | 2.58x |
| Occupancy | 96% | 100% |
| Net operating income (annualized from 3 months) | $245K | $339K |
| Debt yield | 16.8% |
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 WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59 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.
What the filing shows
- Occupancy has risen from 96% when the loan was securitized to 100%.
- Net operating income is 39% above the underwritten figure ($339K a year against $245K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.88x at securitization to 2.58x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.0M | Current | No | 2.58x | 100% |
| August 2026 | $2.0M | Current | No | 2.58x | 100% |
| July 2026 | $2.0M | Current | No | 2.58x | 100% |
| June 2026 | $2.0M | Current | No | 2.58x | 100% |
| May 2026 | $2.0M | Current | No | 2.58x | 100% |
| April 2026 | $2.0M | Current | No | 2.30x | 100% |
| March 2026 | $2.0M | Current | No | 2.53x | 100% |
| February 2026 | $2.0M | Current | No | 2.53x | 100% |
| January 2026 | $2.0M | Current | No | 2.53x | 100% |
| December 2025 | $2.0M | Current | No | 2.53x | 100% |
| November 2025 | $2.0M | Current | No | 2.53x | 100% |
| October 2025 | $2.1M | Current | No | 2.53x | 100% |
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 |
|---|---|---|---|---|
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59 | 62 | $2,018,349 | Sep 2026 | SEC filing, September 29, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| International Plaza, Tampa | Tampa, FL | Retail | $62.5M | 4.913% | Nov 2030 | 2.39x | 85% | Current |
| Tampa Redstone Portfolio | Tampa, FL | Industrial | $35.8M | 6.704% | Apr 2030 | 1.16x | 94% | Current |
| Metlife Solutions Tampa | Tampa, FL | Office | $29.0M | 7.077% | Jan 2030 | n/a | n/a | Current |
| Courtyard Madeira Beach | Madeira Beach, FL | Hotel | $17.3M | 7.87% | Jun 2030 | 1.69x | 83% | Current |
| Holiday Inn St. Petersburg West | St. Petersburg, FL | Hotel | $15.4M | 7.58% | Oct 2030 | n/a | n/a | Current |
| Public Storage Spring Hill | Spring Hill, FL | Self storage | $8.8M | 6.005% | Nov 2030 | n/a | n/a | Current |
| Scottish Traveler Rv Park | Largo, FL | Manufactured housing | $7.0M | 6.741% | Sep 2030 | n/a | n/a | Delinquent |
| Kennedy Center | Tampa, FL | Retail | $5.8M | 4.54% | Jan 2030 | 1.79x | 93% | Current |
All loans maturing in 2030 · All Tampa-St. Petersburg-Clearwater 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.