Multifamily · Daytona Beach, Florida
Icon One Daytona
Public CMBS trusts hold $50.0M of the loan on Icon One Daytona at 3.77% that reaches maturity on September 5, 2031, in 4 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $50,000,000
- Original balance (same notes)
- $50,000,000
- Interest rate
- 3.77% fixed
- Originated
- August 10, 2021
- Maturity
- September 5, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 4, 2031
- Master servicer
- Midland
- Originator
- 3650 Real Estate Investment Trust 2 LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1820 Legends Lane 236 Highbanks Boulevard, Daytona Beach, FL 32114
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- Units, rooms or beds
- 282
- Built
- 2019
- Value at securitization
- $72.9M (Jun 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.08x | n/a |
| Occupancy | 89% | n/a |
| Net operating income | $4.0M | n/a |
Watch flags
Computed from the 3650R 2022-PF2 Commercial Mortgage Trust 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $50.0M | Current | No | n/a | n/a |
| August 2026 | $50.0M | Current | No | n/a | n/a |
| July 2026 | $50.0M | Current | No | n/a | n/a |
| June 2026 | $50.0M | Current | No | n/a | n/a |
| May 2026 | $50.0M | Current | No | n/a | n/a |
| April 2026 | $50.0M | Current | No | 1.67x | 92% |
| March 2026 | $50.0M | Current | No | 1.67x | 92% |
| February 2026 | $50.0M | Current | No | 1.67x | 92% |
| January 2026 | $50.0M | Current | No | 1.67x | 92% |
| December 2025 | $50.0M | Current | No | 1.68x | 92% |
| November 2025 | $50.0M | Current | No | 1.68x | 93% |
| October 2025 | $50.0M | Current | No | 1.68x | 93% |
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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| 3650R 2021-PF1 Commercial Mortgage Trust | 16 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2022-C3 Mortgage Trust | 19 | $15,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| 3650R 2022-PF2 Commercial Mortgage Trust | 27 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Deltona-Daytona Beach-Ormond Beach loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Walmart Deland | Deland, FL | Other | $6.0M | 4.01% | Jun 2031 | 1.86x | 100% | Current |
| Treasure by the Sea | Flagler Beach, FL | Manufactured housing | $6.0M | 6.747% | Jun 2031 | n/a | n/a | Current |
| Town and Country | Bunnell, FL | Self storage | $3.3M | 4.424% | Dec 2031 | 1.92x | 100% | Current |
| Daytona Beach MHC | Daytona Beach, FL | Manufactured housing | $3.3M | 6.08% | Feb 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Deltona-Daytona Beach-Ormond Beach 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.