Manufactured housing portfolio, 4 properties · Melrose Park, Illinois
Meadowcreek
This portfolio is financed with a $60.0M CMBS loan at 5.98% that reaches maturity on April 6, 2031, in 4 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $60,000,000
- Original balance (same notes)
- $60,000,000
- Interest rate
- 5.98% fixed
- Originated
- March 31, 2026
- Maturity
- April 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- MF1 Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4503 West Lake Avenue South, Melrose Park, IL 60160
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Value at securitization
- $88.6M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the JPMF1 Multifamily Mortgage Trust 2026-FX1 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Meadowcreek | Melrose Park, IL | Mobile Home Park | n/a | n/a |
| Oak Lawn | Poplar Grove, IL | Mobile Home Park | n/a | n/a |
| Wood Dale | Wood Dale, IL | Mobile Home Park | n/a | n/a |
| Flintstone Refinance IL | Lake Bluff, IL | Mobile Home Park | n/a | n/a |
The last 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $60.0M | Current | No | n/a | n/a |
| August 2026 | $60.0M | Current | No | n/a | n/a |
| July 2026 | $60.0M | Current | No | n/a | n/a |
| June 2026 | $60.0M | Current | No | 1.10x | 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 |
|---|---|---|---|---|
| JPMF1 Multifamily Mortgage Trust 2026-FX1 | 3 | $60,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Chicago-Naperville-Elgin loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One North Wacker | Chicago, IL | Office | $353.0M | 2.719% | Oct 2031 | 4.16x | 91% | Current |
| Harvard | Havard, IL | Industrial | $81.0M | 3.716% | Mar 2031 | n/a | n/a | Current |
| The Leo | Chicago, IL | Multifamily | $65.0M | 5.85% | Jun 2031 | n/a | n/a | Current |
| Willow Glen | Willow Springs, IL | Multifamily | $58.0M | 6.263% | Jan 2031 | 1.06x | 94% | Current |
| Food4Less - Chicago Heights | Chicago Heights, IL | Retail | $47.0M | 3.165% | Jul 2031 | n/a | n/a | Current |
| Somerset I | Alsip, IL | Multifamily | $42.5M | 3.78% | Dec 2031 | n/a | n/a | With the special servicer |
| Mason Multifamily Portfolio | DeKalb, IL | Multifamily | $36.9M | 3.991% | Jul 2031 | 3.05x | 98% | Current |
| Amazon Chicago-Pullman | Chicago, IL | Industrial | $35.5M | 3.489% | Jan 2031 | 3.13x | 100% | Current |
All loans maturing in 2031 · All Chicago-Naperville-Elgin 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.