Multifamily · Pittsburgh, Pennsylvania
Lawrenceville Collection
Lawrenceville Collection is financed with a $2.9M CMBS loan at 4.60% that reaches maturity on February 6, 2032, in 5 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
- $2,850,000
- Original balance (same notes)
- $2,850,000
- Interest rate
- 4.60% fixed
- Originated
- January 26, 2022
- Maturity
- February 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2031
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4406 Butler and 226 45th Street, 4405 Cessna Way, Pittsburgh, PA 15201
- Metro
- Pittsburgh, PA
- Units, rooms or beds
- 12
- Built
- 1890, renovated 2021
- Value at securitization
- $4.5M (Dec 2021)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.65x | 1.08x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $219K | $144K |
| Debt yield | 5.0% |
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 Wells Fargo Commercial Mortgage Trust 2022-C62 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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
- Net operating income is 34% below the underwritten figure ($144K a year against $219K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.65x at securitization to 1.08x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.9M | Current | No | 1.08x | 100% |
| August 2026 | $2.9M | Current | No | 1.08x | 100% |
| July 2026 | $2.9M | Current | No | 1.08x | 100% |
| June 2026 | $2.9M | Current | No | 1.34x | 100% |
| May 2026 | $2.9M | Current | No | 1.37x | 100% |
| April 2026 | $2.9M | Current | No | 1.37x | 100% |
| March 2026 | $2.9M | Current | No | 1.37x | 100% |
| February 2026 | $2.9M | Current | No | 1.37x | 100% |
| January 2026 | $2.9M | Current | No | 1.37x | 100% |
| December 2025 | $2.9M | Current | No | 1.27x | 100% |
| November 2025 | $2.9M | Current | No | 1.27x | 100% |
| October 2025 | $2.9M | Current | No | 1.27x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2022-C62 | 43 | $2,850,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Pittsburgh loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| West Mifflin, PA | West Mifflin, PA | Industrial | $57.0M | 5.70% | Jun 2032 | n/a | n/a | Current |
| 2100 Wharton Street | Pittsburgh, PA | Office | $29.5M | 5.78% | Jul 2032 | 1.71x | 87% | Current |
| 2908 Smallman Street | Pittsburgh, PA | Mixed use | $6.7M | 4.46% | Mar 2032 | 1.96x | 90% | Current |
| Holiday Inn Express and Suites Uniontown | Uniontown, PA | Hotel | $5.4M | 5.67% | May 2032 | 1.48x | 49% | 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.