Multifamily · Milledgeville, Georgia
Magnolia Park
Magnolia Park is financed with a $11.4M CMBS loan at 6.00% that reaches maturity on October 6, 2035, in 8 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
- $11,380,618
- Original balance (same notes)
- $11,500,000
- Interest rate
- 6.00% fixed
- Originated
- September 30, 2025
- Maturity
- October 6, 2035
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 5, 2035
- Master servicer
- Midland Loan Service
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 529 West Bypass NW 529 West Camous Dr, Milledgeville, GA 31061
- Units, rooms or beds
- 449
- Built
- 2006, renovated 2025
- Value at securitization
- $30.3M (Aug 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.77x | 2.88x |
| Occupancy | 99% | 76% |
| Net operating income (annualized from 6 months) | $2.3M | $4.8M |
| Debt yield | 42.2% |
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 BBCMS Mortgage Trust 2025-C39 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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
- Occupancy has fallen from 99% when the loan was securitized to 76%.
- Net operating income is 110% above the underwritten figure ($4.8M a year against $2.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.77x at securitization to 2.88x on the latest statements.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.4M | Current | No | 2.88x | 76% |
| August 2026 | $11.4M | Current | No | 2.88x | 76% |
| July 2026 | $11.4M | Current | No | n/a | n/a |
| June 2026 | $11.4M | Current | No | n/a | n/a |
| May 2026 | $11.4M | Current | No | n/a | n/a |
| April 2026 | $11.4M | Current | No | n/a | n/a |
| March 2026 | $11.4M | Current | No | n/a | n/a |
| February 2026 | $11.5M | Current | No | n/a | n/a |
| January 2026 | $11.5M | Current | No | n/a | n/a |
| December 2025 | $11.5M | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-C39 | 23 | $11,380,618 | Sep 2026 | SEC filing, September 29, 2026 |
Other Georgia loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| VTS Portfolio | Baldwin, GA | Industrial | $23.6M | 6.64% | Jul 2035 | n/a | n/a | Current |
| Arcadia on the River | Milledgeville, GA | Multifamily | $18.2M | 6.319% | Mar 2035 | 2.70x | 93% | Current |
| Hampton Inn Blue Ridge | Blue Ridge, GA | Hotel | $16.3M | 6.397% | Jul 2035 | n/a | n/a | Current |
| Natson Hotel Portfolio | Forsyth, GA | Hotel | $16.0M | 7.095% | Jun 2035 | n/a | n/a | Current |
| Habersham Village | Cornelia, GA | Retail | $10.8M | 7.258% | Apr 2035 | n/a | n/a | Current |
| Storage Xxtra Westridge | Mcdonough, GA | Self storage | $5.1M | 5.935% | Jan 2035 | 2.53x | 82% | Current |
| Breckenridge Property | Bryon, GA | Manufactured housing | $4.1M | 6.662% | Jan 2035 | n/a | n/a | 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.