Industrial · Hemet, California
Kirby Industrial
Public CMBS trusts hold $102.0M of the loan on Kirby Industrial at 6.75% that reaches maturity on February 6, 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
- $102,000,000
- Original balance (same notes)
- $102,000,000
- Interest rate
- 6.75% fixed
- Originated
- January 29, 2026
- Maturity
- February 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 5, 2030
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 609 S. Kirby Street, Hemet, CA 92545
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 850,640 sq ft
- Built
- 2025
- Largest tenants
- Premium 5 Kids LLC
- Value at securitization
- $173.0M (Nov 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.35x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $9.4M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2026-5C9 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 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $102.0M | Current | No | n/a | n/a |
| August 2026 | $102.0M | Current | No | n/a | n/a |
| July 2026 | $102.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| June 2026 | $102.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $102.0M | 30-59 days delinquent | No | n/a | 100% |
| April 2026 | $92.0M | Current | No | n/a | n/a |
| March 2026 | $92.0M | Current | No | n/a | 100% |
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 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2026-5C8 | 2 | $30,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2026-5C8 | 2A | $30,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2026-5C14 Mortgage Trust | 14 | $21,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Wells Fargo Commercial Mortgage Trust 2026-5C8 | 2B | $11,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2026-5C9 | 20 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Bridge Point Rancho Cucamonga | Rancho Cucamonga, CA | Industrial | $145.0M | 5.833% | Jul 2031 | 1.59x | 100% | Current |
| The Beverly | San Bernardino, CA | Multifamily | $59.4M | 5.87% | Jun 2031 | n/a | n/a | Current |
| Ridgeline Apartments | San Bernardino, CA | Multifamily | $46.0M | 5.73% | Jul 2031 | n/a | n/a | Current |
| Las Casitas Apartments | Hesperia, CA | Multifamily | $23.0M | 3.312% | Mar 2031 | 2.96x | 94% | Current |
| Yucaipa Valley Commercial Center | Yucaipa, CA | Retail | $23.0M | 2.73% | Oct 2031 | 5.34x | 99% | Current |
| Murrieta Spectrum | Murrieta, CA | Mixed use | $20.8M | 3.73% | Sep 2031 | 1.96x | 93% | Current |
| Mission Village Shopping Center | Riverside, CA | Retail | $18.5M | 3.05% | Dec 2031 | 5.14x | 100% | Current |
| Highland Village Plaza | Highland, CA | Retail | $17.5M | 3.72% | Sep 2031 | 1.49x | 89% | Current |
All loans maturing in 2031 · All Riverside-San Bernardino-Ontario 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.