Multifamily · Fort Myers, Florida
Edison Grand
Public CMBS trusts hold $77.0M of the loan on Edison Grand at 5.89% that reaches maturity on July 6, 2031, in 4 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $77,000,000
- Original balance (same notes)
- $77,000,000
- Interest rate
- 5.89% fixed
- Originated
- June 24, 2026
- Maturity
- July 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2026
- Prepayment premium ends
- January 5, 2031 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2500 Edwards Drive, Fort Myers, FL 33901
- Metro
- Cape Coral-Fort Myers, FL
- Units, rooms or beds
- 327
- Built
- 1986, renovated 2026
- Value at securitization
- $110.3M (Jun 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.23x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $5.7M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2026-M1 filing for the reporting period ending September 11, 2026, filed with the SEC September 14, 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 3 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $77.0M | Current | No | n/a | n/a |
| August 2026 | $47.0M | Current | No | n/a | n/a |
| July 2026 | $47.0M | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Citigroup Commercial Mortgage Trust 2026-MFAM1 | 5 | $47,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
| BBCMS Mortgage Trust 2026-M1 | 6 | $30,000,000 | Sep 2026 | SEC filing, September 14, 2026 |
Other Cape Coral-Fort Myers loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Elite Rv & Boat Storage | Fort Myers, FL | Self storage | $5.8M | 4.397% | Apr 2031 | 1.66x | 70% | Current |
| Mid Cape Flex | Cape Coral, FL | Office | $5.0M | 3.93% | Apr 2031 | 2.93x | 100% | Current |
All loans maturing in 2031 · All Cape Coral-Fort Myers 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.