Multifamily · Chamblee, Georgia
Gardens at Chamblee
Gardens at Chamblee is financed with a $18.3M CMBS loan at 6.566% that reaches maturity on July 6, 2030, in 3 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $18,250,000
- Original balance (same notes)
- $18,250,000
- Interest rate
- 6.566% fixed
- Originated
- July 2, 2025
- Maturity
- July 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2030
- Master servicer
- Trimont LLC
- Originator
- UBS AG
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10 Clairview Drive 4 and 1, 18, 20, 22, 23, 25, 28, 29 and 32 Pearl Lane, Chamblee, GA 30341
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Units, rooms or beds
- 104
- Built
- 1958, renovated 2025
- Value at securitization
- $26.3M (Apr 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.32x | 0.98x |
| Occupancy | 95% | 83% |
| Net operating income (annualized from 3 months) | $1.6M | $1.2M |
| Debt yield | 6.5% |
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 2025-5C36 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since June 2026.
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 95% when the loan was securitized to 83%.
- Net operating income is 26% below the underwritten figure ($1.2M a year against $1.6M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.32x at securitization to 0.98x on the latest statements.
- At 0.98x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.3M | Late payment but less than 30 days delinquent | No | 0.98x | 83% |
| August 2026 | $18.3M | Late payment but less than 30 days delinquent | No | 0.98x | 83% |
| July 2026 | $18.3M | Late payment but less than 30 days delinquent | No | 0.98x | 83% |
| June 2026 | $18.3M | Late payment but less than 30 days delinquent | No | 0.98x | 83% |
| May 2026 | $18.3M | Current | No | n/a | n/a |
| April 2026 | $18.3M | Current | No | n/a | n/a |
| March 2026 | $18.3M | Current | No | n/a | n/a |
| February 2026 | $18.3M | Current | No | n/a | n/a |
| January 2026 | $18.3M | Current | No | n/a | n/a |
| December 2025 | $18.3M | Current | No | n/a | n/a |
| November 2025 | $18.3M | Current | No | n/a | n/a |
| October 2025 | $18.3M | Current | 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 2025-5C36 | 12 | $18,250,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 260 & 270 Peachtree Street | Atlanta, GA | Office | $65.2M | 3.80% | Mar 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| AVR Atlanta Airport Marriott Gateway | College Park, GA | Hotel | $56.0M | 3.885% | Jan 2030 | n/a | n/a | Current |
| Atlanta Galleria Hotel Portfolio | Atlanta, GA | Hotel | $47.0M | 6.825% | Mar 2030 | 2.24x | 61% | Current |
| Arrowhead Townhomes | Jonesboro, GA | Multifamily | $45.0M | 6.54% | Jul 2030 | 1.32x | 97% | Current |
| Landing Square Apartments | Atlanta, GA | Multifamily | $33.9M | 4.315% | Jan 2030 | 1.08x | 94% | Current |
| Ibex Park | Smyrna, GA | Multifamily | $32.5M | 5.815% | Dec 2030 | n/a | n/a | Current |
| Abrams Fixtures | Atlanta, GA | Mixed use | $22.0M | 7.22% | May 2030 | n/a | n/a | Current |
| Stanford Oaks | Tucker, GA | Multifamily | $21.0M | 4.25% | Nov 2030 | 2.01x | 87% | Current |
All loans maturing in 2030 · All Atlanta-Sandy Springs-Roswell 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.