Office · Houston, Texas
Midtown Central Square
Midtown Central Square is financed with a $30.7M CMBS loan at 5.08% that reaches maturity on March 6, 2032, in 5 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $30,650,268
- Original balance (same notes)
- $36,000,000
- Interest rate
- 5.08% fixed
- Originated
- March 10, 2022
- Maturity
- March 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2031
- Master servicer
- Trimont LLC
- Originator
- LMF Commercial, LLC
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- Transferred August 28, 2024
- Workout strategy
- REO
- Modified
- Yes, most recently May 2, 2025
- Defeasance
- None reported
The property
- Address
- 2100 Travis Street, Houston, TX 77002
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 269,800 sq ft
- Built
- 1961, renovated 2015
- Largest tenants
- City of Houston; IQor Global Services Inc; Summit Industries Inc.
- Value at securitization
- $60.2M (Dec 2021)
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 2.48x | 1.83x |
| Occupancy | 85% | 78% |
| Net operating income | $4.6M | $3.4M |
| Debt yield | 11.1% |
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 Wells Fargo Commercial Mortgage Trust 2022-C62 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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
- Occupancy has fallen from 85% when the loan was securitized to 78%.
- Net operating income is 26% below the underwritten figure ($3.4M a year against $4.6M).
- Debt service coverage moved from 2.48x at securitization to 1.83x on the latest statements.
- The most recent valuation in the filing is $33.7M (November 11, 2024), against $60.2M at securitization.
- The filing gives Dec 2028 as the lease end date for the largest tenant (City of Houston), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $30.7M | 30-59 days delinquent | Yes | 1.83x | 78% |
| August 2026 | $30.7M | Late payment but less than 30 days delinquent | Yes | 1.83x | 78% |
| July 2026 | $30.7M | Current | Yes | 1.83x | 78% |
| June 2026 | $30.7M | Late payment but less than 30 days delinquent | Yes | 1.83x | 78% |
| May 2026 | $30.7M | 90+ days delinquent | Yes | 1.83x | 78% |
| April 2026 | $30.7M | 90+ days delinquent | Yes | 1.83x | 78% |
| March 2026 | $30.7M | 90+ days delinquent | Yes | 1.83x | 78% |
| February 2026 | $30.7M | 90+ days delinquent | Yes | 1.83x | 78% |
| January 2026 | $30.7M | 90+ days delinquent | Yes | 1.83x | 78% |
| December 2025 | $30.7M | 90+ days delinquent | Yes | 1.83x | 78% |
| November 2025 | $30.7M | 60-89 days delinquent | Yes | 1.83x | 78% |
| October 2025 | $30.7M | 30-59 days delinquent | Yes | 1.83x | 78% |
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.
Special-servicing history
- Transferred to the special servicer August 28, 2024, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2022-C62 | 3 | $30,650,268 | Sep 2026 | SEC filing, September 29, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Katy Mills | Katy, TX | Retail | $123.0M | 5.767% | Aug 2032 | 3.63x | 93% | Current |
| The Kirby Collection | Houston, TX | Mixed use | $95.7M | 2.94% | Jan 2032 | 4.64x | 86% | Current |
| Providence at Memorial | Houston, TX | Multifamily | $76.0M | 6.307% | Jun 2032 | n/a | n/a | Current |
| Plaza on Richmond | Houston, TX | Retail | $44.0M | 5.595% | Aug 2032 | 1.61x | 84% | Current |
| Total Plaza | Houston, TX | Office | $32.5M | 4.771% | Apr 2032 | 1.37x | 81% | Current |
| Creekside Apartments | Baytown, TX | Multifamily | $30.6M | 6.02% | Aug 2032 | n/a | n/a | Current |
| Fresenius - Houston | Houston, TX | Retail | $29.6M | 4.14% | Jan 2032 | n/a | n/a | Current |
| Weston at Copperfield | Houston, TX | Multifamily | $28.0M | 4.296% | Apr 2032 | 1.90x | 91% | 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.