Retail · Tampa, Florida
International Plaza, Tampa
Public CMBS trusts hold $62.5M of the loan on International Plaza at 4.913% that reaches maturity on November 1, 2030, in 4 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $62,500,000
- Original balance (same notes)
- $62,500,000
- Interest rate
- 4.913% fixed
- Originated
- October 9, 2025
- Maturity
- November 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 30, 2030
- Master servicer
- Trimont
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2223 North West Shore Boulevard, Tampa, FL 33607
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 803,735 sq ft
- Built
- 2001, renovated 2024
- Largest tenants
- RH; Zara; Crate & Barrel
- Value at securitization
- $1.3B (Aug 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.69x | 2.39x |
| Occupancy | 99% | 85% |
| Net operating income (annualized from 6 months) | $73.9M | $69.2M |
| Debt yield | 110.7% |
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 BBCMS Mortgage Trust 2025-5C38 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
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
- Occupancy has fallen from 99% when the loan was securitized to 85%.
- Net operating income is 6% below the underwritten figure ($69.2M a year against $73.9M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.69x at securitization to 2.39x on the latest statements.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $62.5M | Current | No | 2.39x | 85% |
| August 2026 | $62.5M | Current | No | n/a | n/a |
| July 2026 | $62.5M | Current | No | n/a | n/a |
| June 2026 | $62.5M | Current | No | n/a | n/a |
| May 2026 | $62.5M | Current | No | n/a | n/a |
| April 2026 | $62.5M | Current | No | n/a | n/a |
| March 2026 | $62.5M | Current | No | n/a | n/a |
| February 2026 | $62.5M | Current | No | n/a | n/a |
| January 2026 | $62.5M | Current | No | n/a | n/a |
| December 2025 | $87.5M | Current | No | 2.41x | 99% |
| November 2025 | $25.0M | Payment not received but still in grace period or not yet due | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 2025-5YR18 | 4 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK5 2025-5YR19 | 16 | $25,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BBCMS Mortgage Trust 2025-5C38 | 13 | $12,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Tampa Redstone Portfolio | Tampa, FL | Industrial | $35.8M | 6.704% | Apr 2030 | 1.16x | 94% | Current |
| Metlife Solutions Tampa | Tampa, FL | Office | $29.0M | 7.077% | Jan 2030 | n/a | n/a | Current |
| Courtyard Madeira Beach | Madeira Beach, FL | Hotel | $17.3M | 7.87% | Jun 2030 | 1.69x | 83% | Current |
| Holiday Inn St. Petersburg West | St. Petersburg, FL | Hotel | $15.4M | 7.58% | Oct 2030 | n/a | n/a | Current |
| Public Storage Spring Hill | Spring Hill, FL | Self storage | $8.8M | 6.005% | Nov 2030 | n/a | n/a | Current |
| Scottish Traveler Rv Park | Largo, FL | Manufactured housing | $7.0M | 6.741% | Sep 2030 | n/a | n/a | Delinquent |
| Kennedy Center | Tampa, FL | Retail | $5.8M | 4.54% | Jan 2030 | 1.79x | 93% | Current |
| 613 Oakfield Drive | Brandon, FL | Office | $2.9M | 4.54% | Aug 2030 | 1.90x | 100% | Current |
All loans maturing in 2030 · 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.