Retail portfolio, 19 properties · Grenada, Mississippi
Grenada Property
This portfolio is financed with a $20.2M CMBS loan at 3.66% that reaches maturity on December 6, 2030, in 4 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
- $20,192,699
- Original balance (same notes)
- $22,250,000
- Interest rate
- 3.66% fixed
- Originated
- November 10, 2020
- Maturity
- December 6, 2030
- Payments
- Interest only for 13 months, then amortizing
- Prepayment lockout ended
- December 5, 2022
- Prepayment premium ends
- September 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 329 Sunset Drive, Grenada, MS 38901
- Value at securitization
- $35.3M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $2.2M | $2.3M |
| Debt yield | 11.4% |
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 Benchmark 2020-B21 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Grenada Property | Grenada, MS | Retail | n/a | n/a |
| Bastrop Property | Bastrop, LA | Retail | 100% | 1.88x |
| Alexandria Property | Alexandria, LA | Retail | n/a | n/a |
| Marksville Property | Marksville, LA | Retail | n/a | n/a |
| Otterbein Property | Otterbein, IN | Retail | n/a | n/a |
| Chassell Property | Chassell, MI | Retail | n/a | n/a |
| Noel Property | Noel, MO | Retail | n/a | n/a |
| El Dorado Property | El Dorado Springs, MO | Retail | n/a | n/a |
| Montgomery City Property | Montgomery City, MO | Retail | n/a | n/a |
| Cambridge Property | Cambridge, MN | Retail | n/a | n/a |
| Bemidji Preperty | Bemidji, MN | Retail | n/a | n/a |
| Kingman Property | Kingman, IN | Retail | n/a | n/a |
| St. Clair Property | St. Clair, MO | Retail | n/a | n/a |
| Greenview Property | Greenview, IL | Retail | n/a | n/a |
| Warrensburg Property | Warrensburg, IL | Retail | n/a | n/a |
| Fairbank Property | Fairbank, IA | Retail | n/a | n/a |
| St. Charles Property | St. Charles, IA | Retail | n/a | n/a |
| Pelican Rapids Property | Pelican Rapids, MN | Retail | n/a | n/a |
| Eolia Property | Eolia, MO | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.2M | Current | No | n/a | n/a |
| August 2026 | $20.2M | Current | No | n/a | n/a |
| July 2026 | $20.3M | Current | No | n/a | n/a |
| June 2026 | $20.3M | Current | No | n/a | n/a |
| May 2026 | $20.3M | Current | No | n/a | n/a |
| April 2026 | $20.4M | Current | No | n/a | n/a |
| March 2026 | $20.4M | Current | No | n/a | n/a |
| February 2026 | $20.5M | Current | No | n/a | n/a |
| January 2026 | $20.5M | Current | No | n/a | n/a |
| December 2025 | $20.5M | Current | No | n/a | n/a |
| November 2025 | $20.6M | Current | No | n/a | n/a |
| October 2025 | $20.6M | 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 |
|---|---|---|---|---|
| Benchmark 2020-B21 Mortgage Trust | 18 | $20,192,699 | Sep 2026 | SEC filing, September 28, 2026 |
Other Mississippi loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Parkside Square | Ocean Springs, MS | Retail | $27.9M | 3.955% | Jan 2030 | n/a | n/a | Current |
| Cityline Hattiesburg Storage/Outback Storage | Hattiesburg, MS | Self storage | $7.9M | 4.30% | Aug 2030 | 2.10x | 87% | Current |
| Cottages at Hooper Hill | Oxford, MS | Multifamily | $7.1M | 4.30% | Jan 2030 | 3.08x | 100% | Current |
| Outback 98 West Storage | Hattiesburg, MS | Self storage | $5.4M | 3.78% | Jul 2030 | 2.96x | 89% | Current |
| 3000 Fondren | Jackson, MS | Office | $4.8M | 3.922% | Jan 2030 | n/a | n/a | Current |
| Eastgate Plaza, Meridian | Meridian, MS | Retail | $2.3M | 4.59% | Jan 2030 | 2.01x | 85% | 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.