Multifamily · El Paso, Texas
Mountain Vista Apartments
Mountain Vista Apartments is financed with a $11.0M CMBS loan at 5.19% that reaches maturity on May 1, 2032, in 5 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,047,613
- Original balance (same notes)
- $11,250,000
- Interest rate
- 5.19% fixed
- Originated
- April 28, 2022
- Maturity
- May 1, 2032
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- February 29, 2032
- Master servicer
- Arbor Multifamily Lending, LLC
- Originator
- Arbor Private Label, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5757 Will Ruth Avenue, El Paso, TX 79924
- Metro
- El Paso, TX
- Units, rooms or beds
- 160
- Built
- 2009, renovated 2022
- Value at securitization
- $15.6M (Mar 2022)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.39x |
| Occupancy | 98% | 86% |
| Net operating income (annualized from 6 months) | $1.1M | $2.1M |
| Debt yield | 18.8% |
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 2023-C4 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Occupancy down 10 points or more from securitization
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 98% when the loan was securitized to 86%.
- Net operating income is 97% above the underwritten figure ($2.1M a year against $1.1M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.0M | Current | No | 1.39x | 86% |
| August 2026 | $11.1M | Current | No | n/a | n/a |
| July 2026 | $11.1M | Current | No | n/a | n/a |
| June 2026 | $11.1M | Current | No | n/a | n/a |
| May 2026 | $11.1M | Current | No | n/a | n/a |
| April 2026 | $11.1M | Current | No | 1.74x | 91% |
| March 2026 | $11.1M | Current | No | 1.74x | 91% |
| February 2026 | $11.1M | Current | No | 1.74x | 91% |
| January 2026 | $11.2M | Current | No | 1.74x | n/a |
| December 2025 | $11.2M | Current | No | 1.74x | n/a |
| November 2025 | $11.2M | Current | No | 1.78x | n/a |
| October 2025 | $11.2M | Current | No | 1.78x | 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 2023-C4 Mortgage Trust | 32 | $11,047,613 | Sep 2026 | SEC filing, October 2, 2026 |
Other El Paso loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Embassy Suites El Paso | El Paso, TX | Hotel | $22.0M | 6.852% | Nov 2032 | n/a | n/a | Current |
| Towneplace Suites El Paso | El Paso, TX | Other | $9.2M | 4.296% | Feb 2032 | 2.70x | 92% | Current |
| National Self Storage - ELP | TX | Self storage | $7.5M | 6.637% | Oct 2032 | 1.67x | 92% | 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.