Retail portfolio, 3 properties · Norton, Virginia
Norton Commons
This portfolio is financed with a $16.0M CMBS loan at 5.362% that reaches maturity on August 6, 2032, in 5 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,000,000
- Original balance (same notes)
- $16,000,000
- Interest rate
- 5.362% fixed
- Originated
- July 8, 2022
- Maturity
- August 6, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2032
- Master servicer
- Midland Loan Services
- Originator
- Greystone Servicing Company LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 647-746 Commonwealth Dr, Norton, VA 24273
- Value at securitization
- $25.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $1.7M | n/a |
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.
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 |
|---|---|---|---|---|
| Norton Commons | Norton, VA | Retail | n/a | n/a |
| Marketplace At Locust Grove | Locust Grove, GA | Retail | n/a | n/a |
| Lexington Shopping Center | Lexington, NC | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.0M | Current | No | n/a | n/a |
| August 2026 | $16.0M | Current | No | n/a | n/a |
| July 2026 | $16.0M | Current | No | n/a | n/a |
| June 2026 | $16.0M | Current | No | n/a | n/a |
| May 2026 | $16.0M | Current | No | n/a | n/a |
| April 2026 | $16.0M | Current | No | 1.72x | 83% |
| March 2026 | $16.0M | Current | No | 1.63x | 89% |
| February 2026 | $16.0M | Current | No | 1.63x | 89% |
| January 2026 | $16.0M | Current | No | 1.63x | 89% |
| December 2025 | $16.0M | Current | No | 1.63x | 89% |
| November 2025 | $16.0M | Current | No | 1.63x | 89% |
| October 2025 | $16.0M | Current | No | 1.63x | 89% |
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 | 25 | $16,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Virginia loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Eagle Springs | Danville, VA | Industrial | $103.0M | 6.33% | Oct 2032 | n/a | n/a | Current |
| JANAF Shopping Yard | Norfolk, VA | Retail | $60.0M | 5.31% | Jul 2032 | 2.21x | 90% | Current |
| Crossways Shopping Center | Chesapeake, VA | Retail | $49.5M | 5.47% | Sep 2032 | 1.65x | 73% | Current |
| Leesburg Plaza | Leesburg, VA | Retail | $48.5M | 3.17% | Jan 2032 | n/a | n/a | Current |
| Norfolk Premium Outlets | Norfolk, VA | Retail | $48.1M | 4.50% | Apr 2032 | 2.29x | 87% | Current |
| Liberty Park at Tysons | Vienna, VA | Office | $45.0M | 5.21% | Nov 2032 | 2.95x | 100% | Current |
| Potomac Festival I | Woodbridge, VA | Retail | $40.0M | 5.316% | Aug 2032 | 2.28x | 99% | Current |
| Autumn Lakes | Newport News, VA | Multifamily | $29.3M | 4.785% | Mar 2032 | n/a | n/a | 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.