Self storage · Spring Valley, Nevada

My Self Storage Space - Spring Valley

My Self Storage Space - Spring Valley is financed with a $8.3M CMBS loan at 3.29% that reaches maturity on October 1, 2031, in 4 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$8,350,000
Original balance (same notes)
$8,350,000
Interest rate
3.29% fixed
Originated
October 1, 2021
Maturity
October 1, 2031
Payments
Interest only for the full term
Master servicer
KeyBank Real Estate Capital
Originator
KeyBank

Status

Payment status
Not reported
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
9545 West Russell Road, Spring Valley, NV 89148
Metro
Las Vegas-Henderson-North Las Vegas, NV
Units, rooms or beds
71,158
Built
2004
Value at securitization
$14.3M (Aug 2021)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)n/a2.25x
Occupancy95%89%
Net operating income (annualized from 6 months)n/a$629K
Debt yield7.5%

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 BBCMS Mortgage Trust 2021-C12 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 fallen from 95% when the loan was securitized to 89%.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$8.3MNot reportedNo2.25x89%
August 2026$8.3MNot reportedNo2.25x89%
July 2026$8.3MNot reportedNo2.43x86%
June 2026$8.3MNot reportedNo2.43x86%
May 2026$8.3MNot reportedNo2.43x86%
April 2026$8.3MNot reportedNo2.43x86%
March 2026$8.3MNot reportedNo2.43x86%
February 2026$8.3MNot reportedNo2.40x86%
January 2026$8.3MNot reportedNo2.40x84%
December 2025$8.3MNot reportedNo2.40x84%
November 2025$8.3MNot reportedNo2.54x83%
October 2025$8.3MNot reportedNo2.54x83%

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.

TrustLoan no.BalanceReport periodSource
BBCMS Mortgage Trust 2021-C1239$8,350,000Sep 2026SEC filing, September 29, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Las Vegas-Henderson-North Las Vegas loans due in 2031

Property Location Type Balance Rate Matures DSCR Occ. Status
Summerhill Pointe Apartments Las Vegas, NV Multifamily $60.0M 3.548% Jun 2031 2.63x 93% Current
Montecito Tower Las Vegas, NV Office $32.5M 3.64% Jun 2031 1.72x 83% Current
The Crossing at Lake Mead Las Vegas, NV Multifamily $28.9M 3.083% Jul 2031 2.53x 88% Current
3025 South Las Vegas Boulevard Las Vegas, NV Retail $18.5M 6.85% Feb 2031 1.38x 100% Current
Henderson Properties Henderson, NV Mixed use $18.5M 3.499% Nov 2031 2.51x 95% Current
Sunset Hills Apartments Henderson, NV Multifamily $16.6M 3.75% Mar 2031 1.24x 83% Current
Gardner Plaza Henderson, NV Mixed use $15.5M 4.38% Feb 2031 2.08x 95% Current
Beltway Marketplace Las Vegas, NV Retail $14.8M 6.344% Sep 2031 n/a n/a Current

All loans maturing in 2031 · All Las Vegas-Henderson-North Las Vegas loans

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.