Office · Dallas, Texas
Montfort Park Office
Montfort Park Office is financed with a $7.6M CMBS loan at 6.31% that reaches maturity on July 1, 2032, in 5 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,600,000
- Original balance (same notes)
- $7,600,000
- Interest rate
- 6.31% fixed
- Originated
- June 14, 2022
- Maturity
- July 1, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 29, 2032
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Mortgage Capital Holdings LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 13747 Montfort Drive, Dallas, TX 75240
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 78,445 sq ft
- Built
- 1980, renovated 2019
- Largest tenants
- Monfort Coworkingllc; CROWN LABORITIES INC; Inspire Group Inc
- Value at securitization
- $11.8M (Apr 2022)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.66x | 0.95x |
| Occupancy | 90% | 84% |
| Net operating income (annualized from 3 months) | $807K | $462K |
| Debt yield | 6.1% |
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 BANK 2022-BNK43 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since June 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 90% when the loan was securitized to 84%.
- Net operating income is 43% below the underwritten figure ($462K a year against $807K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.66x at securitization to 0.95x on the latest statements.
- At 0.95x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.6M | Current | No | 0.95x | 84% |
| August 2026 | $7.6M | Current | No | 0.95x | 84% |
| July 2026 | $7.6M | Current | No | 0.95x | 84% |
| June 2026 | $7.6M | Current | No | 0.96x | 77% |
| May 2026 | $7.6M | Current | No | 1.07x | 77% |
| April 2026 | $7.6M | Current | No | 1.07x | 77% |
| March 2026 | $7.6M | Current | No | 1.07x | 77% |
| February 2026 | $7.6M | Current | No | 1.07x | 77% |
| January 2026 | $7.6M | Current | No | 1.07x | 77% |
| December 2025 | $7.6M | Current | No | 1.07x | 79% |
| November 2025 | $7.6M | Current | No | 1.07x | 79% |
| October 2025 | $7.6M | Current | No | 1.21x | 80% |
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 |
|---|---|---|---|---|
| BANK 2022-BNK43 | 27 | $7,600,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sabre Headquarters | Southlake, TX | Office | $40.0M | 7.12% | Nov 2032 | 2.08x | 100% | Current |
| Compass Self Storage - Fate | Fate, TX | Self storage | $23.5M | 5.48% | Aug 2032 | n/a | n/a | Current |
| Balch Springs Self Storage | Balch Springs, TX | Self storage | $9.7M | 4.254% | Jan 2032 | 1.53x | 87% | Current |
| 4023 Oak Lawn Avenue | Dallas, TX | Mixed use | $9.6M | 7.186% | Oct 2032 | 1.64x | 100% | Current |
| Addison Airport Self Storage | Addison, TX | Self storage | $8.7M | 4.99% | Apr 2032 | n/a | n/a | Current |
| Home2 Suites Bedford | Bedford, TX | Hotel | $8.3M | 4.545% | Apr 2032 | n/a | n/a | Current |
| Four Points Arlington | Arlington, TX | Hotel | $8.1M | 4.885% | Feb 2032 | 1.99x | 74% | Current |
| A-Affordable Storage - Waxahachie | Midlothian, TX | Self storage | $7.3M | 4.61% | Jan 2032 | 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.