Multifamily · Minneapolis, Minnesota
Nox Apartments
Nox Apartments is financed with a $13.2M CMBS loan at 5.721% that reaches maturity on June 6, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,167,000
- Original balance (same notes)
- $13,167,000
- Interest rate
- 5.721% fixed
- Originated
- June 4, 2026
- Maturity
- June 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2028
- Prepayment premium ends
- December 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2703 Girard Ave S, Minneapolis, MN 55408
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- Units, rooms or beds
- 86
- Built
- 2021
- Value at securitization
- $17.7M (Feb 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.26x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $962K | n/a |
Watch flags
Computed from the D2-Natixis Multifamily Mortgage Trust 2026-M1 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.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.2M | Current | No | n/a | n/a |
| August 2026 | $13.2M | Current | 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 |
|---|---|---|---|---|
| D2-Natixis Multifamily Mortgage Trust 2026-M1 | 18 | $13,167,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Minneapolis-St. Paul-Bloomington loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 10 West End | St. Louis Park, MN | Office | $78.0M | 6.75% | Jul 2031 | n/a | n/a | Current |
| The 511 Building | MN | Other | $50.0M | 5.68% | Aug 2031 | n/a | n/a | Current |
| U-Haul Moving & Storage at Coon Rapids | Coon Rapids, MN | Self storage | $31.9M | 2.59% | Jul 2031 | n/a | n/a | Current |
| Berkshire Corporate Center | Plymouth, MN | Industrial | $25.6M | 3.559% | May 2031 | 3.23x | 86% | Current |
| Mills Fleet Farm Brooklyn Ranch | Brooklyn Park, MN | Retail | $23.0M | 3.71% | Nov 2031 | 3.06x | 100% | Current |
| Midline Apartments | Saint Paul, MN | Multifamily | $20.2M | 5.948% | Apr 2031 | 1.10x | 86% | Current |
| Luna Apartments | Minneapolis, MN | Multifamily | $14.0M | 3.91% | Jan 2031 | n/a | n/a | Current |
| Mills Fleet Farm Carver | Carver, MN | Retail | $13.9M | 3.88% | Dec 2031 | 2.95x | 100% | Current |
All loans maturing in 2031 · All Minneapolis-St. Paul-Bloomington 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.