Other portfolio, 2 properties · Multiple locations
MIC St. Louis & Memphis
This portfolio is financed with a $5.7M CMBS loan at 7.94% that reaches maturity on March 1, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,712,729
- Original balance (same notes)
- $5,900,000
- Interest rate
- 7.94% fixed
- Originated
- February 28, 2024
- Maturity
- March 1, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- September 30, 2028
- Master servicer
- KeyBank National Association
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 305
- Value at securitization
- $11.6M
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.40x | 1.95x |
| Occupancy | 100% | 100% |
| Net operating income | $761K | $1.1M |
| Debt yield | 18.5% |
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 BBCMS Mortgage Trust 2024-5C27 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 39% above the underwritten figure ($1.1M a year against $761K).
- Debt service coverage moved from 1.40x at securitization to 1.95x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.7M | Current | No | 1.95x | 100% |
| August 2026 | $5.7M | Current | No | 1.95x | 100% |
| July 2026 | $5.7M | Current | No | 1.95x | 100% |
| June 2026 | $5.7M | Current | No | 1.95x | 100% |
| May 2026 | $5.7M | Current | No | 1.95x | 100% |
| April 2026 | $5.7M | Current | No | 1.95x | 100% |
| March 2026 | $5.8M | Current | No | 1.77x | 100% |
| February 2026 | $5.8M | Current | No | 1.77x | 100% |
| January 2026 | $5.8M | Current | No | 1.77x | 100% |
| December 2025 | $5.8M | Current | No | 1.77x | 100% |
| November 2025 | $5.8M | Current | No | 1.77x | 100% |
| October 2025 | $5.8M | Current | No | 1.77x | 100% |
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 2024-5C27 | 45 | $5,712,729 | Sep 2026 | SEC filing, September 29, 2026 |
Other other loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 2810 Pukoloa Street | Honolulu, HI | Other | $151.0M | 4.31% | Feb 2029 | n/a | n/a | Current |
| Wind Creek Casino & Resort | Bethlehem, PA | Other | $132.7M | 4.38% | Aug 2029 | n/a | n/a | Current |
| ILPT Hawaii Portfolio | Honolulu, HI | Other | $109.0M | 4.31% | Feb 2029 | 2.85x | 100% | Current |
| Equinix Data Center | Secaucus, NJ | Other | $100.0M | 3.30% | Oct 2029 | 2.41x | 100% | Current |
| GNL Industrial Portfolio | Other | $89.0M | 5.744% | Apr 2029 | 2.10x | 100% | Current | |
| 5901 W Century Blvd | Los Angeles, CA | Other | $85.0M | 3.50% | Sep 2029 | n/a | n/a | Current |
| Bedrock Mixed-Use Portfolio | Detroit, MI | Other | $75.0M | 6.385% | Jun 2029 | 1.64x | 83% | Current |
| Travelodge - 2307 Wyoming Avenue | Gillette, WY | Other | $61.6M | 4.85% | Dec 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
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.