Manufactured housing portfolio, 3 properties · Seaford, Delaware
Mobile Gardens
This portfolio is financed with a $14.5M CMBS loan at 6.69% that reaches maturity on April 6, 2030, in 3 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,500,000
- Original balance (same notes)
- $14,500,000
- Interest rate
- 6.69% fixed
- Originated
- April 3, 2025
- Maturity
- April 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 25692 North Parkway Road, Seaford, DE 19973
- Value at securitization
- $21.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the BMO 2025-5C10 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Mobile Gardens | Seaford, DE | Mobile Home Park | n/a | n/a |
| Briarwood | Seaford, DE | Mobile Home Park | n/a | n/a |
| Hollyview | Seaford, DE | Mobile Home Park | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.5M | Current | No | n/a | n/a |
| August 2026 | $14.5M | Current | No | n/a | n/a |
| July 2026 | $14.5M | Current | No | n/a | n/a |
| June 2026 | $14.5M | Current | No | n/a | n/a |
| May 2026 | $14.5M | Current | No | n/a | n/a |
| April 2026 | $14.5M | Current | No | 1.44x | 100% |
| March 2026 | $14.5M | Current | No | 1.44x | 100% |
| February 2026 | $14.5M | Current | No | 1.44x | 100% |
| January 2026 | $14.5M | Current | No | 1.44x | 100% |
| December 2025 | $14.5M | Current | No | n/a | n/a |
| November 2025 | $14.5M | Current | No | n/a | n/a |
| October 2025 | $14.5M | Current | No | n/a | n/a |
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 2025-5C10 Mortgage Trust | 17 | $14,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Delaware loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Christiana | Newark, DE | Hotel | $35.0M | 6.845% | Dec 2030 | 1.78x | 72% | Current |
| Cranston Hall Apartments | Wilmington, DE | Multifamily | $22.5M | 6.65% | Aug 2030 | 1.19x | 85% | Current |
| Mi Place at Vineyard II | Lewes, DE | Mixed use | $14.0M | 6.80% | Jan 2030 | 1.25x | 100% | Current |
| Glendale Plaza Shopping Center | Bear, DE | Retail | $13.0M | 6.10% | Nov 2030 | n/a | n/a | Current |
| Independence Plaza | Wilmington, DE | Mixed use | $7.8M | 3.75% | Jul 2030 | 3.54x | 91% | Current |
| Wawa and WSFS Bank | Wilmington, DE | Retail | $5.7M | 3.73% | Aug 2030 | 1.34x | 100% | Current |
| 252 Chapman Road | Newark, DE | Office | $5.6M | 3.70% | Mar 2030 | n/a | n/a | Current |
| Walgreens - Bridgeville, De | Bridgeville, DE | Retail | $2.6M | 3.50% | Apr 2030 | 2.26x | 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.