Multifamily · Jeffersonville, Indiana
Hidden Creek Apartments, Jeffersonville
Hidden Creek Apartments is financed with a $12.9M CMBS loan at 5.855% 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
- $12,950,000
- Original balance (same notes)
- $12,950,000
- Interest rate
- 5.855% fixed
- Originated
- November 12, 2025
- Maturity
- December 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2028
- Prepayment premium ends
- September 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3130 Middle Road, Jeffersonville, IN 47130
- Metro
- Louisville/Jefferson County, KY-IN
- Units, rooms or beds
- 184
- Built
- 1971, renovated 2022
- Value at securitization
- $18.1M (Oct 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.26x | 1.15x |
| Occupancy | 93% | 92% |
| Net operating income (annualized from 6 months) | $968K | $1.8M |
| Debt yield | 13.8% |
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 D2-Natixis Multifamily Mortgage Trust 2026-M1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
What the filing shows
- Net operating income is 85% above the underwritten figure ($1.8M a year against $968K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.26x at securitization to 1.15x on the latest statements.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.9M | Current | No | 1.15x | 92% |
| August 2026 | $12.9M | 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 |
|---|---|---|---|---|
| D2-Natixis Multifamily Mortgage Trust 2026-M1 | 19 | $12,950,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Louisville/Jefferson County loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Town Center Jeffersonville | Jeffersonville, IN | Retail | $17.2M | 3.30% | Dec 2030 | 2.06x | 100% | Current |
| The Star on Southside | Louisville, KY | Multifamily | $11.0M | 6.725% | Dec 2030 | n/a | n/a | Current |
| Clarksville Lofts | Clarksville, IN | Multifamily | $4.0M | 6.786% | May 2030 | 1.23x | 93% | Current |
All loans maturing in 2030 · All Louisville/Jefferson County 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.