Mixed use · Augusta, Georgia
Enterprise Mill
Enterprise Mill is financed with a $13.2M CMBS loan at 5.05% that reaches maturity on May 6, 2032, in 5 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,200,000
- Original balance (same notes)
- $13,200,000
- Interest rate
- 5.05% fixed
- Originated
- April 28, 2022
- Maturity
- May 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 5, 2032
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently December 28, 2023
- Defeasance
- None reported
The property
- Address
- 1450 Greene Street, Augusta, GA 30901
- Metro
- Augusta-Richmond County, GA-SC
- Rentable area
- 118,549 sq ft
- Built
- 1848, renovated 1999
- Largest tenants
- Hoover Wood Treated Products, LLC; Augusta Canal Authority (#400); Fatsville Enterprise, Inc.
- Value at securitization
- $24.4M (Jan 2022)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.10x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the Citigroup Commercial Mortgage Trust 2022-GC48 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Modified
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 Dec 2029 as the lease end date for the largest tenant (Hoover Wood Treated Products, LLC), 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 | $13.2M | Current | No | n/a | n/a |
| August 2026 | $13.2M | Current | No | n/a | n/a |
| July 2026 | $13.2M | Current | No | n/a | n/a |
| June 2026 | $13.2M | Current | No | n/a | n/a |
| May 2026 | $13.2M | Current | No | n/a | n/a |
| April 2026 | $13.2M | Current | No | 2.18x | 97% |
| March 2026 | $13.2M | Current | No | 2.06x | 97% |
| February 2026 | $13.2M | Current | No | 2.06x | 97% |
| January 2026 | $13.2M | Current | No | 2.06x | 97% |
| December 2025 | $13.2M | Current | No | 2.03x | 96% |
| November 2025 | $13.2M | Current | No | 2.03x | 96% |
| October 2025 | $13.2M | Current | No | 2.03x | 96% |
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 |
|---|---|---|---|---|
| Citigroup Commercial Mortgage Trust 2022-GC48 | 16 | $13,200,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Augusta-Richmond County loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Evans Industrial | Evans, GA | Industrial | $20.8M | 5.53% | Jul 2032 | 1.11x | 64% | Current |
| Belair Plaza | Augusta, GA | Retail | $9.8M | 5.18% | May 2032 | 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.