Multifamily · Dayton, Ohio
Hidden Creek Apartments, Dayton
Hidden Creek Apartments is financed with a $4.8M CMBS loan at 7.78% 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 with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $4,750,000
- Original balance (same notes)
- $4,750,000
- Interest rate
- 7.78% fixed
- Originated
- July 25, 2024
- Maturity
- August 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Greystone Select Company II LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred August 6, 2026
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 5600-5620 N. Main Street, Dayton, OH 45415
- Metro
- Dayton-Kettering-Beavercreek, OH
- Units, rooms or beds
- 88
- Built
- 1967
- Value at securitization
- $7.0M (Jan 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.36x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $509K | n/a |
Watch flags
Computed from the BMO 2024-5C7 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in every report since November 2025.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.8M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $4.8M | 60-89 days delinquent | No | n/a | n/a |
| July 2026 | $4.8M | 30-59 days delinquent | No | n/a | n/a |
| June 2026 | $4.8M | 30-59 days delinquent | No | n/a | n/a |
| May 2026 | $4.8M | 30-59 days delinquent | No | n/a | n/a |
| April 2026 | $4.8M | 30-59 days delinquent | No | 0.52x | 85% |
| March 2026 | $4.8M | 30-59 days delinquent | No | 0.52x | 85% |
| February 2026 | $4.8M | Late payment but less than 30 days delinquent | No | 0.55x | 81% |
| January 2026 | $4.8M | Late payment but less than 30 days delinquent | No | 0.55x | 81% |
| December 2025 | $4.8M | Late payment but less than 30 days delinquent | No | 0.55x | 81% |
| November 2025 | $4.8M | Late payment but less than 30 days delinquent | No | 0.55x | 81% |
| October 2025 | $4.8M | 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.
Special-servicing history
- Transferred to the special servicer August 6, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-5C7 Mortgage Trust | 35 | $4,750,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Dayton-Kettering-Beavercreek loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Austin Landing | Miamisburg, OH | Mixed use | $47.6M | 3.98% | Dec 2029 | n/a | n/a | Current |
| Austin Landing Mixed-Use | Miamisburg, OH | Mixed use | $36.9M | 3.98% | Dec 2029 | 3.12x | 96% | Current |
| 1800 Union Airpark Boulevard | Union, OH | Industrial | $34.3M | 2.653% | Nov 2029 | n/a | n/a | Late, less than 30 days |
| Crocs Distribution Center | Vandalia, OH | Industrial | $22.2M | 4.04% | Oct 2029 | 1.52x | 100% | Current |
| IRG Moraine | Moraine, OH | Industrial | $11.9M | 4.76% | May 2029 | n/a | n/a | Current |
| 1501 Experiment Farm Road | Troy, OH | Industrial | $8.1M | 5.30% | Jan 2029 | 1.30x | 100% | Current |
All loans maturing in 2029 · All Dayton-Kettering-Beavercreek 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.