Retail portfolio, 6 properties · Miami Beach, Florida
Haimov Miami Portfolio
Public CMBS trusts hold $28.5M of the loan on this portfolio at 6.63% that reaches maturity on May 6, 2031, in 4 years and 6 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $28,500,000
- Original balance (same notes)
- $28,500,000
- Interest rate
- 6.63% fixed
- Originated
- May 5, 2026
- Maturity
- May 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2030
- Master servicer
- Midland
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 744 West 41st Street, Miami Beach, FL 33140
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Value at securitization
- $69.4M
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $3.5M | n/a |
Coverage and occupancy are filed property by property, so there is no single figure for this loan. The property table below has each one.
Comparable loans: retail properties in Miami-Fort Lauderdale-West Palm Beach, FL, with NOI, occupancy and value.
Watch flags
Computed from the BBCMS Mortgage Trust 2026-5C43 filing for the reporting period ending October 13, 2026, filed with the SEC October 6, 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.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
- Parties and contacts named by the trust
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Jun 2026.
Source: SEC Form 10-D, Exhibit 99.1 distribution statement, filed Oct 2026.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Haimov Miami Portfolio | Miami Beach, FL | Retail | n/a | n/a |
| 39 NE 1st Avenue | Miami, FL | Mixed Use | n/a | n/a |
| Blue Sapphire | Miami Beach, FL | Retail | n/a | n/a |
| 524 West 41st Street | Miami Beach, FL | Mixed Use | n/a | n/a |
| 820 West 41st Street | Miami Beach, FL | Office | n/a | n/a |
| 33 NE 1st Street | Miami, FL | Retail | n/a | n/a |
The last 5 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $28.5M | Current | No | n/a | n/a |
| September 2026 | $20.0M | Current | No | n/a | n/a |
| August 2026 | $20.0M | Current | No | n/a | n/a |
| July 2026 | $20.0M | Current | No | n/a | n/a |
| June 2026 | $20.0M | 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.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2026-5C42 | 13 | $20,000,000 | Oct 2026 | SEC filing, October 29, 2026 |
| BBCMS Mortgage Trust 2026-5C43 | 35 | $8,500,000 | Oct 2026 | SEC filing, October 6, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Phillips Point | West Palm Beach, FL | Office | $198.5M | 3.34% | Feb 2031 | 2.04x | 74% | Current |
| Cottage Cove Apartments | Miami, FL | Multifamily | $87.5M | 6.45% | Feb 2031 | 1.17x | 97% | Current |
| Extra Space Brickell and 6 other properties | Miami, FL | Self storage | $65.0M | 3.99% | May 2031 | n/a | n/a | Not reported |
| Holiday Inn Miami Hialeah and 8 other properties | Hialeah Gardens, FL | Hotel | $60.0M | 7.372% | Mar 2031 | n/a | n/a | Not reported |
| Doral Concourse | Doral, FL | Office | $56.0M | 3.31% | Aug 2031 | 2.18x | 91% | Current |
| 17 West Miami | Miami Beach, FL | Mixed use | $55.0M | 3.81% | Dec 2031 | 1.81x | 100% | Current |
| Crossroads I and II | Plantation, FL | Office | $53.5M | 6.571% | Feb 2031 | 2.54x | n/a | Current |
| Doral Center | Doral, FL | Office | $53.5M | 7.35% | Aug 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Miami-Fort Lauderdale-West Palm Beach loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.