Multifamily · Riverside, California
Metro 3610
Metro 3610 is financed with a $75.5M CMBS loan at 6.181% that reaches maturity on November 10, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $75,500,000
- Original balance (same notes)
- $75,500,000
- Interest rate
- 6.181% fixed
- Originated
- October 11, 2024
- Maturity
- November 10, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 9, 2029
- Master servicer
- Midland Loan Services
- Originator
- JPMCB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3610 Banbury Drive, Riverside, CA 92505
- Metro
- Riverside-San Bernardino-Ontario, CA
- Units, rooms or beds
- 304
- Built
- 1984, renovated 2022
- Value at securitization
- $111.2M (Aug 2024)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.29x | 1.16x |
| Occupancy | 96% | 95% |
| Net operating income | $6.1M | $5.5M |
| Debt yield | 7.2% |
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 BANK5 2024-5YR11 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
What the filing shows
- Net operating income is 10% below the underwritten figure ($5.5M a year against $6.1M).
- Debt service coverage moved from 1.29x at securitization to 1.16x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $75.5M | Current | No | 1.16x | 95% |
| August 2026 | $75.5M | Current | No | 1.16x | 95% |
| July 2026 | $75.5M | Current | No | 1.16x | 95% |
| June 2026 | $75.5M | Current | No | 1.16x | 95% |
| May 2026 | $75.5M | Current | No | 1.16x | 95% |
| April 2026 | $75.5M | Current | No | 1.30x | 95% |
| March 2026 | $75.5M | Current | No | 1.30x | 95% |
| February 2026 | $75.5M | Current | No | 1.30x | 95% |
| January 2026 | $75.5M | Current | No | 1.30x | 95% |
| December 2025 | $75.5M | Current | No | 1.30x | 95% |
| November 2025 | $75.5M | Current | No | 1.30x | 95% |
| October 2025 | $75.5M | Current | No | 1.30x | 95% |
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 |
|---|---|---|---|---|
| BANK5 2024-5YR11 | 3 | $75,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Springs | Palm Springs, CA | Retail | $167.2M | 4.059% | May 2029 | n/a | n/a | Current |
| Galleria at Tyler | Riverside, CA | Retail | $120.0M | 7.919% | Jan 2029 | 1.81x | 85% | Current |
| Jess Ranch Marketplace | Apple Valley, CA | Retail | $58.1M | 3.724% | Aug 2029 | 2.51x | 93% | Current |
| 67660 East Ramon Road | Cathedral City, CA | Self storage | $39.0M | 4.14% | Apr 2029 | n/a | n/a | Current |
| The Glen | San Bernardino, CA | Multifamily | $28.5M | 6.921% | Feb 2029 | 1.18x | 79% | Current |
| Menifee Town Center | Menifee, CA | Retail | $21.7M | 3.86% | Aug 2029 | n/a | n/a | Current |
| Tower Plaza | Temecula, CA | Retail | $19.3M | 4.12% | Jul 2029 | 2.66x | 97% | Current |
| Centrepointe Plaza | Colton, CA | Retail | $18.8M | 4.85% | Jul 2029 | 1.47x | 83% | Current |
All loans maturing in 2029 · All Riverside-San Bernardino-Ontario 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.