Office · Albany, New York
One Commerce Plaza
Public CMBS trusts hold $64.0M of the loan on One Commerce Plaza at 6.925% that reaches maturity on February 6, 2036, in 9 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $64,000,000
- Original balance (same notes)
- $64,000,000
- Interest rate
- 6.925% fixed
- Originated
- January 9, 2026
- Maturity
- February 6, 2036
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- October 5, 2035
- Master servicer
- Trimont LLC
- Originator
- Starwood Mortgage Capital LLC, Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 99 Washington Avenue, Albany, NY 12210
- Metro
- Albany-Schenectady-Troy, NY
- Rentable area
- 736,998 sq ft
- Built
- 1971, renovated 2024
- Largest tenants
- NYS - DEPARTMENT OF HEALTH; NYS - DEPARTMENT OF STATE; NYS - DEPARTMENT OF FINANCIAL SERVICES
- Value at securitization
- $94.0M (Jul 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.59x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $8.4M | n/a |
Watch flags
Computed from the BMO 2026-C15 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.
What the filing shows
- The filing gives Sep 2035 as the lease end date for the largest tenant (NYS - DEPARTMENT OF HEALTH), before the loan matures. Lenders look hard at that rollover.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $64.0M | Current | No | n/a | n/a |
| August 2026 | $55.0M | Current | No | n/a | n/a |
| July 2026 | $55.0M | Current | No | n/a | n/a |
| June 2026 | $55.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $55.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $55.0M | Current | No | n/a | n/a |
| March 2026 | $55.0M | Current | No | n/a | n/a |
| February 2026 | $55.0M | 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
The loan is split into 6 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2026-C14 Mortgage Trust | 4 | $31,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C14 Mortgage Trust | 4A | $13,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C14 Mortgage Trust | 4B | $6,312,500 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C15 Mortgage Trust | 23A-3-2 | $6,187,500 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C14 Mortgage Trust | 4C | $3,687,500 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2026-C15 Mortgage Trust | 23A-4-2 | $2,812,500 | Sep 2026 | SEC filing, October 2, 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.