Industrial · Greensboro, North Carolina
Greensboro Industrial Portfolio
Greensboro Industrial Portfolio is financed with a $3.9M CMBS loan at 4.30% that reaches maturity on June 11, 2027, in 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,940,271
- Original balance (same notes)
- $4,800,000
- Interest rate
- 4.30% fixed
- Originated
- May 15, 2017
- Maturity
- June 11, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- March 10, 2027
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 214, 218 East Jj Drive, Greensboro, NC 27406
- Metro
- Greensboro-High Point, NC
- Rentable area
- 63,791 sq ft
- Built
- 2000
- Largest tenants
- Dal Tile Corporation; Srgcl Instrmnt Srv; BOZZETTO, INC.
- Value at securitization
- $7.3M (Apr 2017)
Performance
| At securitization | Latest (Oct 2025) | |
|---|---|---|
| DSCR (NOI) | 1.87x | 2.21x |
| Occupancy | 100% | 100% |
| Net operating income | $532K | $631K |
| Debt yield | 16.0% |
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 BANK 2017-BNK5 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Matures within 12 months
- 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
- Net operating income is 19% above the underwritten figure ($631K a year against $532K).
- Debt service coverage moved from 1.87x at securitization to 2.21x on the latest statements.
- The filing gives Mar 2027 as the lease end date for the largest tenant (Dal Tile Corporation), 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 | $3.9M | Current | No | 2.21x | 100% |
| August 2026 | $3.9M | Current | No | 2.21x | 100% |
| July 2026 | $4.0M | Current | No | 2.21x | 100% |
| June 2026 | $4.0M | Current | No | 2.21x | 100% |
| May 2026 | $4.0M | Current | No | 2.21x | 100% |
| April 2026 | $4.0M | Current | No | 2.21x | 100% |
| March 2026 | $4.0M | Current | No | 2.29x | 100% |
| February 2026 | $4.0M | Current | No | 2.29x | 100% |
| January 2026 | $4.0M | Current | No | 2.29x | 100% |
| December 2025 | $4.0M | Current | No | 2.29x | 100% |
| November 2025 | $4.0M | Current | No | 2.29x | 100% |
| October 2025 | $4.0M | Current | No | 2.35x | 100% |
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 |
|---|---|---|---|---|
| BANK 2017-BNK5 | 53 | $3,940,271 | Sep 2026 | SEC filing, October 1, 2026 |
Other Greensboro-High Point loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sheraton Hotel Greensboro | Greensboro, NC | Hotel | $34.8M | 5.16% | May 2027 | 3.55x | 50% | Current |
All loans maturing in 2027 · All Greensboro-High Point 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.