Retail · Simpsonville, Kentucky
Outlet Shoppes of the Bluegrass
Public CMBS trusts hold $64.8M of the loan on Outlet Shoppes of the Bluegrass at 6.838% that reaches maturity on November 6, 2034, in 8 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $64,812,610
- Original balance (same notes)
- $66,000,000
- Interest rate
- 6.838% fixed
- Originated
- October 31, 2024
- Maturity
- November 6, 2034
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 5, 2034
- Master servicer
- Wells Fargo
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1155 Buck Creek Road, Simpsonville, KY 40067
- Metro
- Louisville/Jefferson County, KY-IN
- Rentable area
- 428,074 sq ft
- Built
- 2014
- Largest tenants
- H&M #438; Nike Factory Store #233; Old Navy #07458
- Value at securitization
- $109.1M (Sep 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.81x | n/a |
| Occupancy | 90% | n/a |
| Net operating income | $9.4M | n/a |
Watch flags
Computed from the BMO 2025-C11 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 Jan 2026 as the lease end date for the largest tenant (H&M #438), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $64.8M | Current | No | 1.57x | 92% |
| August 2026 | $64.9M | Current | No | 1.46x | 91% |
| July 2026 | $64.9M | Current | No | 1.46x | 91% |
| June 2026 | $65.0M | Current | No | 1.46x | 91% |
| May 2026 | $65.0M | Current | No | 1.61x | 91% |
| April 2026 | $65.1M | Current | No | 1.61x | 91% |
| March 2026 | $65.1M | Current | No | 1.61x | 91% |
| February 2026 | $65.2M | Late payment but less than 30 days delinquent | No | 1.64x | 88% |
| January 2026 | $65.3M | Current | No | 1.64x | 88% |
| December 2025 | $65.3M | Current | No | 1.67x | 90% |
| November 2025 | $65.4M | Current | No | 1.67x | 90% |
| October 2025 | $65.4M | Current | No | 1.67x | 90% |
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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2025-C64 | 5 | $45,172,425 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2025-C11 Mortgage Trust | 17 | $19,640,185 | Sep 2026 | SEC filing, October 2, 2026 |
Other Louisville/Jefferson County loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Live Oaks | Mount Washington, KY | Manufactured housing | $14.5M | 6.70% | Jan 2034 | 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.