Retail · Louisville, Kentucky
Oxmoor Center
Public CMBS trusts hold $90.0M of the loan on Oxmoor Center at 8.12% that reaches maturity on June 1, 2028, in 19 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $90,000,000
- Original balance (same notes)
- $112,500,000
- Interest rate
- 8.12% fixed
- Originated
- n/a
- Maturity
- June 1, 2028
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SGFC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 7900 Shelbyville Road, Louisville, KY 40222
- Metro
- Louisville/Jefferson County, KY-IN
- Rentable area
- 904,078 sq ft
- Built
- 1971, renovated 2022
- Largest tenants
- Macy's; Von Maur; TopGolf
- Value at securitization
- $153.0M (Apr 2023)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.56x |
| Occupancy | 94% | 99% |
| Net operating income | n/a | $11.5M |
| Debt yield | 12.8% |
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 BMO 2023-5C1 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
- Occupancy has risen from 94% when the loan was securitized to 99%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $90.0M | Current | No | 1.50x | 98% |
| August 2026 | $90.0M | Current | No | 1.50x | 98% |
| July 2026 | $90.0M | Late payment but less than 30 days delinquent | No | 1.50x | 98% |
| June 2026 | $90.0M | Current | No | 1.56x | 99% |
| May 2026 | $90.0M | Current | No | 1.28x | 99% |
| April 2026 | $90.0M | Current | No | 1.43x | 98% |
| March 2026 | $90.0M | Current | No | 1.43x | 98% |
| February 2026 | $90.0M | Late payment but less than 30 days delinquent | No | 1.43x | 98% |
| January 2026 | $90.0M | Current | No | 1.43x | 98% |
| December 2025 | $90.0M | Current | No | 1.37x | 98% |
| November 2025 | $90.0M | Current | No | 1.37x | 98% |
| October 2025 | $90.0M | Current | No | 1.37x | 98% |
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 |
|---|---|---|---|---|
| Benchmark 2023-V3 Mortgage Trust | 7 | $45,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BMO 2023-5C1 Mortgage Trust | 14A-4 | $17,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BBCMS 2023-C20 | 12-A-2 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS 2023-C20 | 12-A-5 | $7,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS 2023-C20 | 12-A-3 | $5,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2023-5C1 Mortgage Trust | 14A-6 | $5,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Louisville/Jefferson County loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Eden Apartments | Louisville, KY | Multifamily | $7.6M | 6.625% | Jul 2028 | 1.50x | 90% | With the special servicer and 90+ days delinquent |
| Four Points Louisville Airport | Louisville, KY | Hotel | $7.4M | 5.74% | Apr 2028 | 2.21x | 44% | Current |
| Clarksville Shops | Clarksville, IN | Retail | $2.8M | 5.42% | Feb 2028 | 0.56x | 93% | Current |
All loans maturing in 2028 · All Louisville/Jefferson County 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.