Retail · Middletown, New Jersey
Middletown Retail Plaza
Middletown Retail Plaza is financed with a $5.4M CMBS loan at 3.58% that reaches maturity on January 1, 2032, in 5 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,362,000
- Original balance (same notes)
- $5,362,000
- Interest rate
- 3.58%
- Originated
- n/a
- Maturity
- January 1, 2032
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- K
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1287 Nj-35, Middletown, NJ 07748
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 21,505 sq ft
- Built
- 2021
- Largest tenants
- The Learning Experience; MAVIS TIRE; Dunkin Donuts
- Value at securitization
- $9.8M (Oct 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 3.21x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | n/a | $628K |
| Debt yield | 11.7% |
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 2022-C1 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.4M | Not reported | No | 3.21x | 100% |
| August 2026 | $5.4M | Not reported | No | 3.21x | 100% |
| July 2026 | $5.4M | Not reported | No | 3.13x | 100% |
| June 2026 | $5.4M | Not reported | No | 3.09x | 100% |
| May 2026 | $5.4M | Not reported | No | 3.09x | 100% |
| April 2026 | $5.4M | Not reported | No | 3.09x | 100% |
| March 2026 | $5.4M | Not reported | No | 3.09x | 100% |
| February 2026 | $5.4M | Not reported | No | 3.22x | 100% |
| January 2026 | $5.4M | Not reported | No | 3.22x | 100% |
| December 2025 | $5.4M | Not reported | No | 3.22x | 100% |
| November 2025 | $5.4M | Not reported | No | 3.16x | 100% |
| October 2025 | $5.4M | Not reported | No | 3.16x | 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 |
|---|---|---|---|---|
| BMO 2022-C1 Mortgage Trust | 54 | $5,362,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 601 Lexington Avenue | New York, NY | Office | $573.3M | 2.792% | Jan 2032 | n/a | n/a | Current |
| 79 Fifth Avenue | New York, NY | Office | $240.0M | 4.92% | May 2032 | 0.93x | 99% | Current |
| Bell Works | Holmdel, NJ | Office | $210.0M | 5.11% | May 2032 | n/a | n/a | Current |
| 333 River Street | Hoboken, NJ | Multifamily | $125.0M | 2.315% | Jan 2032 | 7.49x | 98% | Current |
| 2 Riverfront Plaza | Newark, NJ | Office | $110.0M | 4.26% | Jan 2032 | 2.40x | 100% | Current |
| Rose Castle Apartments | Brooklyn, NY | Multifamily | $105.0M | 4.045% | Mar 2032 | 1.84x | 100% | Current |
| 330 West 34th Street Leased Fee | New York, NY | Mixed use | $100.0M | 4.55% | Sep 2032 | n/a | n/a | Current |
| 469 7th Avenue | New York, NY | Mixed use | $98.0M | 6.03% | Sep 2032 | 1.86x | 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.