Retail · Feasterville-Trevose, Pennsylvania
Feasterville Plaza
Feasterville Plaza is financed with a $12.9M CMBS loan at 7.22% that reaches maturity on August 6, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,900,000
- Original balance (same notes)
- $12,900,000
- Interest rate
- 7.22% fixed
- Originated
- August 9, 2024
- Maturity
- August 6, 2029
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Barclays
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1045 Bustleton Pike, Feasterville-Trevose, PA 19053
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 110,627 sq ft
- Built
- 1958, renovated 2011
- Largest tenants
- Bell's Market; Altitude Trampoline; IMAGE STUDIO 360
- Value at securitization
- $19.1M (Mar 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.55x |
| Occupancy | 100% | 98% |
| Net operating income | n/a | $1.5M |
| Debt yield | 11.3% |
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 2024-5C29 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Largest tenant's lease ends within 12 months
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 May 2027 as the lease end date for the largest tenant (Bell's Market), 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 | $12.9M | Not reported | No | 1.55x | 98% |
| August 2026 | $12.9M | Not reported | No | 1.51x | 98% |
| July 2026 | $12.9M | Not reported | No | 1.51x | 98% |
| June 2026 | $12.9M | Not reported | No | 1.51x | 98% |
| May 2026 | $12.9M | Not reported | No | 1.51x | 98% |
| April 2026 | $12.9M | Not reported | No | 1.51x | 98% |
| March 2026 | $12.9M | Not reported | No | 1.51x | 97% |
| February 2026 | $12.9M | Not reported | No | 1.51x | 97% |
| January 2026 | $12.9M | Not reported | No | 1.51x | 100% |
| December 2025 | $12.9M | Not reported | No | 1.38x | 100% |
| November 2025 | $12.9M | Not reported | No | n/a | 100% |
| October 2025 | $12.9M | Not reported | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-5C29 | 27 | $12,900,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cira Square | Philadelphia, PA | Office | $135.0M | 6.851% | Jun 2029 | 2.98x | 100% | Current |
| The Piazza | Philadelphia, PA | Multifamily | $108.5M | 5.91% | Aug 2029 | 1.15x | 100% | Current |
| Duane Morris Plaza | Philadelphia, PA | Office | $105.3M | 3.844% | Nov 2029 | 1.69x | 92% | Current |
| 3001 Red Lion Road | Philadelphia, PA | Office | $91.8M | 3.379% | Nov 2029 | n/a | n/a | Current |
| Hilton Penn's Landing | Philadelphia, PA | Hotel | $70.0M | 4.88% | Aug 2029 | 1.37x | 69% | Current |
| Presidential City | Philadelphia, PA | Multifamily | $60.0M | 3.498% | Sep 2029 | 0.91x | 92% | Current |
| One & Olney | Philadelphia, PA | Retail | $50.0M | 3.48% | Oct 2029 | 3.09x | 99% | Current |
| 1000 Chesterbrook | Berwyn, PA | Office | $37.9M | 4.14% | Oct 2029 | 1.72x | 100% | Current |
All loans maturing in 2029 · All Philadelphia-Camden-Wilmington 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.