Multifamily · Las Cruces, New Mexico
Mountain Springs Pointe Apartments
Mountain Springs Pointe Apartments is financed with a $7.6M CMBS loan at 6.376% that reaches maturity on March 6, 2031, in 4 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
- $7,640,000
- Original balance (same notes)
- $7,640,000
- Interest rate
- 6.376% fixed
- Originated
- February 13, 2026
- Maturity
- March 6, 2031
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- GACC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1410 Chaparro Street, Las Cruces, NM 88001
- Units, rooms or beds
- 123
- Built
- 1977
- Value at securitization
- $11.1M (Oct 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | 81% | 88% |
| Net operating income | n/a | n/a |
Watch flags
Computed from the Benchmark 2026-V21 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Occupancy has risen from 81% when the loan was securitized to 88%.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.6M | Not reported | No | n/a | 88% |
| August 2026 | $7.6M | Not reported | No | n/a | 85% |
| July 2026 | $7.6M | Not reported | No | n/a | 85% |
| June 2026 | $7.6M | Not reported | No | n/a | 80% |
| May 2026 | $7.6M | Not reported | No | n/a | n/a |
| April 2026 | $7.6M | Not reported | No | n/a | n/a |
| March 2026 | $7.6M | Payment not received but still in grace period or not yet due | 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 |
|---|---|---|---|---|
| Benchmark 2026-V21 Mortgage Trust | 36 | $7,640,000 | Sep 2026 | SEC filing, September 28, 2026 |
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.