Manufactured housing · Eustis, Florida
Lake Eustis Mhp
Lake Eustis Mhp is financed with a $5.6M CMBS loan at 6.37% that reaches maturity on October 1, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,617,500
- Original balance (same notes)
- $5,617,500
- Interest rate
- 6.37% fixed
- Originated
- September 26, 2024
- Maturity
- October 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 31, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 44 Sharps Circle, Eustis, FL 32726
- Metro
- Orlando-Kissimmee-Sanford, FL
- Units, rooms or beds
- 113
- Built
- 1947
- Value at securitization
- $9.6M (Jul 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.56x | 1.46x |
| Occupancy | 82% | 83% |
| Net operating income (annualized from 6 months) | $565K | $533K |
| Debt yield | 9.5% |
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 BANK5 2024-5YR11 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
What the filing shows
- Net operating income is 6% below the underwritten figure ($533K a year against $565K; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.6M | Current | No | 1.46x | 83% |
| August 2026 | $5.6M | Current | No | 1.46x | 83% |
| July 2026 | $5.6M | Current | No | 1.46x | 86% |
| June 2026 | $5.6M | Current | No | 1.46x | 86% |
| May 2026 | $5.6M | Current | No | 1.46x | 86% |
| April 2026 | $5.6M | Current | No | 1.52x | 86% |
| March 2026 | $5.6M | Current | No | 1.50x | 86% |
| February 2026 | $5.6M | Current | No | 1.50x | 86% |
| January 2026 | $5.6M | Current | No | 1.50x | 86% |
| December 2025 | $5.6M | Current | No | 1.50x | 86% |
| November 2025 | $5.6M | Current | No | 1.50x | 86% |
| October 2025 | $5.6M | Current | No | 1.56x | 86% |
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 2024-5YR11 | 27 | $5,617,500 | Sep 2026 | SEC filing, October 1, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Waterford Lakes Town Center | Orlando, FL | Retail | $118.1M | 4.86% | May 2029 | 1.90x | 92% | Current |
| Darden HQ | Orlando, FL | Office | $110.0M | 4.77% | Jan 2029 | 1.80x | 100% | Current |
| Marriott Downtown Orlando | Orlando, FL | Hotel | $34.3M | 4.118% | Jul 2029 | 2.15x | 62% | Current |
| The Wymore 360 | Altamonte Springs, FL | Multifamily | $33.0M | 6.839% | Nov 2029 | 0.67x | 90% | With the special servicer and 30-59 days delinquent |
| Celebration Suites | Kissimmee, FL | Hotel | $25.5M | 4.15% | Oct 2029 | n/a | n/a | Current |
| Doubletree - Orlando East | Orlando, FL | Hotel | $22.2M | 4.15% | Aug 2029 | 1.59x | 65% | Current |
| Southchase Village | Orlando, FL | Retail | $16.5M | 3.78% | Sep 2029 | 3.49x | 95% | Current |
| Orlando Terrace | Orlando, FL | Multifamily | $14.9M | 6.36% | Jun 2029 | 1.26x | 86% | Late, less than 30 days |
All loans maturing in 2029 · All Orlando-Kissimmee-Sanford 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.