Retail · Meridian, Mississippi
Eastgate Plaza, Meridian
Eastgate Plaza is financed with a $2.3M CMBS loan at 4.59% that reaches maturity on January 1, 2030, in 3 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,298,268
- Original balance (same notes)
- $2,600,000
- Interest rate
- 4.59%
- Originated
- December 20, 2019
- Maturity
- January 1, 2030
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- KeyBank
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2012-2018 Hwy 45 N, Meridian, MS 39301
- Rentable area
- 70,117 sq ft
- Built
- 1986
- Largest tenants
- Event Zona; Planet Fitness; Auto Zone
- Value at securitization
- $3.6M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.01x |
| Occupancy | 100% | 85% |
| Net operating income (annualized from 6 months) | n/a | $324K |
| Debt yield | 14.1% |
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 2022-C17 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
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 fallen from 100% when the loan was securitized to 85%.
- The filing gives Aug 2029 as the lease end date for the largest tenant (Event Zona), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.3M | Not reported | No | 2.01x | 85% |
| August 2026 | $2.3M | Not reported | No | 2.01x | 85% |
| July 2026 | $2.3M | Not reported | No | 1.79x | 85% |
| June 2026 | $2.3M | Not reported | No | 1.79x | 85% |
| May 2026 | $2.3M | Not reported | No | 1.79x | 85% |
| April 2026 | $2.3M | Not reported | No | 1.79x | 85% |
| March 2026 | $2.3M | Not reported | No | 1.79x | 85% |
| February 2026 | $2.3M | Not reported | No | 1.84x | 85% |
| January 2026 | $2.3M | Not reported | No | 1.84x | 85% |
| December 2025 | $2.3M | Not reported | No | 1.84x | 85% |
| November 2025 | $2.3M | Not reported | No | 3.37x | 85% |
| October 2025 | $2.3M | Not reported | No | 1.85x | 85% |
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 2022-C17 | 53 | $2,298,268 | Sep 2026 | SEC filing, September 29, 2026 |
Other Mississippi loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Parkside Square | Ocean Springs, MS | Retail | $27.9M | 3.955% | Jan 2030 | n/a | n/a | Current |
| Grenada Property | Grenada, MS | Retail | $20.2M | 3.66% | Dec 2030 | n/a | n/a | Current |
| Cityline Hattiesburg Storage/Outback Storage | Hattiesburg, MS | Self storage | $7.9M | 4.30% | Aug 2030 | 2.10x | 87% | Current |
| Cottages at Hooper Hill | Oxford, MS | Multifamily | $7.1M | 4.30% | Jan 2030 | 3.08x | 100% | Current |
| Outback 98 West Storage | Hattiesburg, MS | Self storage | $5.4M | 3.78% | Jul 2030 | 2.96x | 89% | Current |
| 3000 Fondren | Jackson, MS | Office | $4.8M | 3.922% | Jan 2030 | n/a | n/a | Current |
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.