Retail · Reno, Nevada
Meadowood Mall
Public CMBS trusts hold $70.4M of the loan on Meadowood Mall at 3.93% that reaches maturity on December 1, 2026, in 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $70,392,814
- Original balance (same notes)
- $80,000,000
- Interest rate
- 3.93%
- Originated
- n/a
- Maturity
- December 1, 2026
- Payments
- Amortizing over 25 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- BMO, WFBNA, Barclays, 3650 REIT
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5000 Meadowood Mall Circle, Reno, NV 89502
- Metro
- Reno, NV
- Rentable area
- 456,841 sq ft
- Built
- 1979, renovated 1996
- Largest tenants
- Dick's Clothing & Sporting Goods; Macy's Men; Crunch Fitness
- Value at securitization
- $227.1M (Oct 2021)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.00x |
| Occupancy | 90% | 91% |
| Net operating income | n/a | $16.6M |
| Debt yield | 23.5% |
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 Benchmark 2023-V2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Matures within 12 months
- Largest tenant's lease ends within 12 months
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 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $70.4M | Current | No | 3.90x | 91% |
| August 2026 | $70.6M | Current | No | 3.90x | 91% |
| July 2026 | $70.8M | Current | No | 3.90x | 91% |
| June 2026 | $70.9M | Current | No | 3.90x | 91% |
| May 2026 | $71.1M | Current | No | 3.82x | 91% |
| April 2026 | $71.3M | Current | No | 3.82x | 91% |
| March 2026 | $71.5M | Current | No | 3.82x | 91% |
| February 2026 | $71.7M | Current | No | 3.82x | 91% |
| January 2026 | $71.9M | Current | No | 3.82x | 91% |
| December 2025 | $72.0M | Current | No | 3.74x | 90% |
| November 2025 | $72.2M | Current | No | 3.74x | 90% |
| October 2025 | $72.4M | Current | No | 3.63x | 93% |
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
The loan is split into 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2021-C61 | 11 | $16,718,293 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2022-C1 Mortgage Trust | 22 | $15,838,383 | Sep 2026 | SEC filing, October 2, 2026 |
| BBCMS Mortgage Trust 2022-C15 | 21 | $15,838,383 | Sep 2026 | SEC filing, September 29, 2026 |
| 3650R 2022-PF2 Commercial Mortgage Trust | 24 | $10,998,877 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2023-V2 Mortgage Trust | 22 | $10,998,877 | Sep 2026 | SEC filing, September 28, 2026 |
Other Reno loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hampton Inn & Suites Reno | Reno, NV | Hotel | $4.6M | 4.588% | Nov 2026 | 3.42x | 77% | Current |
| Reno Airport Center | Reno, NV | Retail | $2.5M | 4.95% | Dec 2026 | 2.37x | 100% | 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.