Retail portfolio, 25 properties · Detroit, Michigan
Meyers
Public CMBS trusts hold $111.0M of the loan on this portfolio at 6.35% that reaches maturity on May 1, 2035, in 8 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $111,000,000
- Original balance (same notes)
- $111,000,000
- Interest rate
- 6.35% fixed
- Originated
- April 30, 2025
- Maturity
- May 1, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 30, 2027
- Prepayment premium ends
- November 30, 2034 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 18700 Meyers Road, Detroit, MI 48235
- Metro
- Detroit-Warren-Dearborn, MI
- Value at securitization
- $231.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | $18.8M | $21.8M |
| Debt yield | 19.6% |
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 BMO 2025-C13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 16% above the underwritten figure ($21.8M a year against $18.8M; the latest statement covers 3 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Meyers | Detroit, MI | Retail | n/a | n/a |
| Westown Square | Cleveland, OH | Retail | n/a | n/a |
| Rodney Village | Dover, DE | Retail | n/a | n/a |
| Mattatuck Plaza | Waterbury, CT | Retail | n/a | n/a |
| Athens Town Center | Athens, AL | Retail | n/a | n/a |
| Northeast Plaza | Greensboro, NC | Retail | n/a | n/a |
| Hungarybrook Shopping Center | Henrico, VA | Retail | n/a | n/a |
| Plaza North | Terre Haute, IN | Retail | n/a | n/a |
| Henderson Marketplace | Henderson, NC | Retail | n/a | n/a |
| Coastal Equities Portfolio | Ahoskie, NC | Retail | 99% | 2.09x |
| Cummings Park Plaza | Burlington, NC | Retail | n/a | n/a |
| Glenwood Plaza | Oneida, NY | Retail | n/a | n/a |
| Boulevard Plaza | Wilson, NC | Retail | n/a | n/a |
| Summer Commons | Memphis, TN | Retail | n/a | n/a |
| Centre Plaza | Clinton, TN | Retail | n/a | n/a |
| Market at Riverdale Bend | Memphis, TN | Retail | n/a | n/a |
| Cordele Corners | Cordele, GA | Retail | n/a | n/a |
| Anniston Plaza | Anniston, AL | Retail | n/a | n/a |
| Meeting Square | Jefferson City, TN | Retail | n/a | n/a |
| Northland Plaza | Lima, OH | Retail | n/a | n/a |
| Homosassa Square | Homosassa Springs, FL | Retail | n/a | n/a |
| Laurens Plaza | Laurens, SC | Retail | n/a | n/a |
| Pelham Plaza | Jacksonville, AL | Retail | n/a | n/a |
| Plank Plaza | Baton Rouge, LA | Retail | n/a | n/a |
| Collins Park Commons (Plant City) | Plant City, FL | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $111.0M | Current | No | n/a | n/a |
| August 2026 | $111.0M | Current | No | n/a | n/a |
| July 2026 | $111.0M | Current | No | n/a | n/a |
| June 2026 | $111.0M | Current | No | n/a | n/a |
| May 2026 | $111.0M | Current | No | n/a | n/a |
| April 2026 | $111.0M | Current | No | n/a | n/a |
| March 2026 | $111.0M | Current | No | n/a | n/a |
| February 2026 | $111.0M | Current | No | n/a | n/a |
| January 2026 | $111.0M | Current | No | n/a | n/a |
| December 2025 | $111.0M | Current | No | n/a | n/a |
| November 2025 | $111.0M | Current | No | n/a | n/a |
| October 2025 | $111.0M | Current | No | 1.82x | 89% |
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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2025-C65 | 5 | $55,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2025-C35 | 6 | $45,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2025-C13 Mortgage Trust | 23 | $11,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Detroit-Warren-Dearborn loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Studio One Apartments | Detroit, MI | Mixed use | $23.4M | 6.457% | Jul 2035 | 1.77x | 86% | Current |
| Willow Creek | Canton Township, MI | Retail | $10.9M | 6.18% | Mar 2035 | 2.26x | 95% | 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.