Office · Jacksonville, Florida
Jacksonville Concourse
Jacksonville Concourse is financed with a $27.9M CMBS loan at 3.21% that reaches maturity on July 6, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $27,950,000
- Original balance (same notes)
- $27,950,000
- Interest rate
- 3.21% fixed
- Originated
- June 10, 2021
- Maturity
- July 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2028
- 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
- 5200, 5210, 5220 Belfort Road, Jacksonville, FL 32256
- Metro
- Jacksonville, FL
- Rentable area
- 288,147 sq ft
- Built
- 1998, renovated 2019
- Largest tenants
- Diversified Clinical Services (Healogics); DeVry, Inc. (Adtalem); Momentum Transportation - USA, Inc.
- Value at securitization
- $44.0M (May 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.71x | n/a |
| Occupancy | 86% | n/a |
| Net operating income | $3.4M | n/a |
Watch flags
Computed from the Benchmark 2021-B28 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Largest tenant's lease ends within 12 months
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
- The filing gives May 2027 as the lease end date for the largest tenant (Diversified Clinical Services (Healogics)), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $27.9M | Current | No | n/a | n/a |
| August 2026 | $27.9M | Current | No | n/a | n/a |
| July 2026 | $27.9M | Current | No | n/a | n/a |
| June 2026 | $27.9M | Current | No | n/a | n/a |
| May 2026 | $27.9M | Current | No | n/a | n/a |
| April 2026 | $27.9M | Current | No | 3.15x | 79% |
| March 2026 | $27.9M | Current | No | 3.25x | 79% |
| February 2026 | $27.9M | Current | No | 3.25x | 79% |
| January 2026 | $27.9M | Current | No | 3.25x | 79% |
| December 2025 | $27.9M | Current | No | 3.25x | 79% |
| November 2025 | $27.9M | Current | No | 3.25x | 79% |
| October 2025 | $27.9M | Current | No | 3.25x | 79% |
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 |
|---|---|---|---|---|
| Benchmark 2021-B28 Mortgage Trust | 13 | $27,950,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Jacksonville loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sola Apartments | Jacksonville, FL | Multifamily | $40.2M | 4.63% | Feb 2028 | 1.92x | 94% | Current |
| Pablo Creek Plaza - Fl | Jacksonville, FL | Retail | $18.4M | 4.605% | Jul 2028 | 3.13x | 97% | Current |
| Crowne Plaza at Jacksonville | Jacksonville, FL | Hotel | $15.5M | 6.072% | Nov 2028 | -0.58x | 42% | With the special servicer and 30-59 days delinquent |
| The Courtyards at San Jose | Jacksonville, FL | Multifamily | $8.5M | 5.204% | Oct 2028 | n/a | n/a | Current |
| 14701 Philips Highway | Jacksonville, FL | Office | $7.8M | 4.804% | Jul 2028 | n/a | n/a | Current |
| Jacksonville Self Storage | Jacksonville, FL | Self storage | $6.0M | 5.59% | Oct 2028 | 1.67x | 77% | Current |
| Southwest Villas Jacksonville | Jacksonville, FL | Multifamily | $2.5M | 5.345% | May 2028 | 2.69x | 85% | 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.