Multifamily · Balcones Heights, Texas
Magnolia Flats Apartments
Magnolia Flats Apartments is financed with a $3.6M CMBS loan at 6.84% that reaches maturity on November 6, 2030, in 4 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is delinquent: 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $3,600,000
- Original balance (same notes)
- $3,600,000
- Interest rate
- 6.84% fixed
- Originated
- October 14, 2025
- Maturity
- November 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Greystone Select Company II LLC
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3102 Hillcrest Drive, Balcones Heights, TX 78201
- Metro
- San Antonio-New Braunfels, TX
- Units, rooms or beds
- 54
- Built
- 1963, renovated 2022
- Value at securitization
- $5.5M (Jun 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.42x | n/a |
| Occupancy | 94% | n/a |
| Net operating income | $354K | n/a |
Watch flags
Computed from the BMO 2025-5C13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in every report since September 2026.
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 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.6M | 30-59 days delinquent | No | n/a | n/a |
| August 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| July 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| June 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| March 2026 | $3.6M | Current | No | n/a | n/a |
| February 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| January 2026 | $3.6M | Current | No | n/a | n/a |
| December 2025 | $3.6M | Current | No | n/a | 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 |
|---|---|---|---|---|
| BMO 2025-5C13 Mortgage Trust | 27 | $3,600,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other San Antonio-New Braunfels loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Brass Professional Center | San Antonio, TX | Office | $56.0M | 4.75% | Aug 2030 | 0.78x | 48% | With the special servicer and 90+ days delinquent |
| Hotel Valencia Riverwalk (TX) | San Antonio, TX | Hotel | $22.4M | 8.121% | Jun 2030 | n/a | n/a | Current |
| Sunset Heights | San Antonio, TX | Multifamily | $16.1M | 6.26% | Oct 2030 | n/a | n/a | Current |
| The Atrium, San Antonio | San Antonio, TX | Office | $13.5M | 4.28% | Feb 2030 | 1.54x | 85% | Current |
| Home2 Suites San Antonio | San Antonio, TX | Hotel | $10.1M | 7.37% | May 2030 | 2.01x | 85% | Current |
| Lockaway Storage - Oconnor | San Antonio, TX | Self storage | $8.0M | 6.80% | Apr 2030 | 1.13x | 92% | Current |
| 2803 NE Loop 410 | San Antonio, TX | Industrial | $6.1M | 3.06% | Nov 2030 | n/a | n/a | Current |
| Store More Self Storage | New Braunfels, TX | Self storage | $3.2M | 3.86% | Oct 2030 | 3.52x | 85% | Current |
All loans maturing in 2030 · All San Antonio-New Braunfels 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.