Multifamily · Rochester, New York
Ivy Bridge Townhomes
Ivy Bridge Townhomes is financed with a $16.0M CMBS loan at 6.09% that reaches maturity on February 1, 2031, in 4 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,000,000
- Original balance (same notes)
- $16,000,000
- Interest rate
- 6.09% fixed
- Originated
- January 28, 2026
- Maturity
- February 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 31, 2030
- Master servicer
- Gantry, Inc.
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10 Westview Commons Boulevard, Rochester, NY 14624
- Metro
- Rochester, NY
- Units, rooms or beds
- 91
- Built
- 2013
- Value at securitization
- $22.6M (Dec 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.41x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the BANK5 2026-5YR21 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 6 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.0M | Current | No | n/a | n/a |
| August 2026 | $16.0M | Current | No | n/a | n/a |
| July 2026 | $16.0M | Current | No | n/a | n/a |
| June 2026 | $16.0M | Current | No | n/a | n/a |
| May 2026 | $16.0M | Current | No | n/a | n/a |
| April 2026 | $16.0M | Current | No | 1.55x | 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 |
|---|---|---|---|---|
| BANK5 2026-5YR21 | 15 | $16,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Rochester loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Riverview Collegiate | Rochester, NY | Multifamily | $39.0M | 7.433% | Aug 2031 | n/a | n/a | Current |
| 200 Main Street | Macedon, NY | Industrial | $26.0M | 3.07% | Oct 2031 | n/a | n/a | Current |
| Whitestone Multifamily Portfolio | Fairport, NY | Multifamily | $24.3M | 6.12% | Mar 2031 | n/a | n/a | Current |
| Brittany Woods Townhomes | Webster, NY | Multifamily | $12.3M | 3.85% | Oct 2031 | 3.17x | 100% | Current |
| Bjs Rochester, Ny | Henrietta, NY | Retail | $9.0M | 4.27% | May 2031 | 2.14x | 100% | Current |
| Richland Townhomes | Rochester, NY | Multifamily | $6.3M | 3.97% | Sep 2031 | 1.57x | 100% | Current |
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.