Retail · Ellenton, Florida
Ellenton Premium Outlets
Public CMBS trusts hold $120.0M of the loan on Ellenton Premium Outlets at 6.208% that reaches maturity on December 1, 2035, in 9 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $120,000,000
- Original balance (same notes)
- $120,000,000
- Interest rate
- 6.208% fixed
- Originated
- November 18, 2025
- Maturity
- December 1, 2035
- Payments
- Interest only for the full term
- Originator
- Société Générale Financial Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5103-5135 Factory Shops Boulevard, Ellenton, FL 34222
- Metro
- North Port-Bradenton-Sarasota, FL
- Rentable area
- 477,175 sq ft
- Built
- 1991, renovated 2015
- Largest tenants
- V.F. FACTORY OUTLET; SAKS FIFTH AVENUE OFF 5TH; NIKE FACTORY STORE
- Value at securitization
- $198.0M (Aug 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.41x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $18.2M | n/a |
Watch flags
Computed from the BMO 2026-C14 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.
What the filing shows
- The filing gives Jan 2029 as the lease end date for the largest tenant (V.F. FACTORY OUTLET), before the loan matures. Lenders look hard at that rollover.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $120.0M | Current | No | 3.53x | 85% |
| August 2026 | $120.0M | Current | No | 3.53x | 85% |
| July 2026 | $120.0M | Current | No | 3.53x | 85% |
| June 2026 | $120.0M | Current | No | n/a | n/a |
| May 2026 | $120.0M | Current | No | n/a | n/a |
| April 2026 | $120.0M | Current | No | 2.61x | 84% |
| March 2026 | $102.0M | Current | No | n/a | n/a |
| February 2026 | $102.0M | Current | No | n/a | n/a |
| January 2026 | $84.0M | Current | No | n/a | n/a |
| December 2025 | $84.0M | Current | No | 2.61x | 84% |
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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2025-BNK51 | 4 | $84,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2026-C66 | 10 | $18,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2026-C14 Mortgage Trust | 12A | $10,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C14 Mortgage Trust | 12 | $8,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other North Port-Bradenton-Sarasota loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| M6 Bradenton | Bradenton, FL | Hotel | $44.8M | 7.257% | Jun 2035 | 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.