Multifamily · Tampa, Florida
Innovo at Waters
Innovo at Waters is financed with a $35.3M CMBS loan at 5.96% that reaches maturity on April 6, 2031, in 4 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $35,250,000
- Original balance (same notes)
- $35,250,000
- Interest rate
- 5.96% fixed
- Originated
- March 24, 2026
- Maturity
- April 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 8421 Del Lago Circle, Tampa, FL 33614
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Units, rooms or beds
- 196
- Built
- 1972, renovated 2015
- Value at securitization
- $47.0M (Mar 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.33x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $2.8M | n/a |
Watch flags
Computed from the Citigroup Commercial Mortgage Trust 2026-MFAM1 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 3 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $35.3M | Current | No | n/a | n/a |
| August 2026 | $35.3M | Current | No | n/a | n/a |
| July 2026 | $35.3M | 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 |
|---|---|---|---|---|
| Citigroup Commercial Mortgage Trust 2026-MFAM1 | 10 | $35,250,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Renaissance Center Park | Tampa, FL | Office | $97.0M | 6.615% | Feb 2031 | n/a | n/a | Current |
| Bahia Apartments | Tampa, FL | Multifamily | $48.0M | 3.97% | Dec 2031 | n/a | n/a | Current |
| Marriott Tampa Westshore | Tampa, FL | Hotel | $46.4M | 6.613% | Jun 2031 | n/a | n/a | Current |
| First Central Tower | St. Petersburg, FL | Office | $45.1M | 3.42% | Feb 2031 | 3.59x | 91% | Current |
| Ubc (i Ii&iv) | Tampa, FL | Office | $39.8M | 6.65% | Mar 2031 | n/a | n/a | Current |
| Morgan Stanley Tower | St. Petersburg, FL | Office | $32.4M | 3.50% | Mar 2031 | n/a | n/a | Current |
| Lofts at River Edge | Tampa, FL | Multifamily | $22.0M | 7.11% | Feb 2031 | n/a | n/a | Late, less than 30 days |
| Tampa Bay Buccaneers Corporate Office Headquarters | Tampa, FL | Office | $21.9M | 3.77% | Feb 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Tampa-St. Petersburg-Clearwater 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.