Multifamily · Zachary, Louisiana
Palms at Sunset Lakes
Palms at Sunset Lakes is financed with a $22.2M CMBS loan at 5.85% that reaches maturity on July 6, 2031, in 4 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $22,200,000
- Original balance (same notes)
- $22,200,000
- Interest rate
- 5.85% fixed
- Originated
- June 12, 2026
- Maturity
- July 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4150 McHugh Rd, Zachary, LA 70791
- Metro
- Baton Rouge, LA
- Units, rooms or beds
- 144
- Built
- 2021
- Value at securitization
- $29.6M (May 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.28x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $1.7M | n/a |
Watch flags
Computed from the Citigroup Commercial Mortgage Trust 2026-MFAM1 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 3 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $22.2M | Current | No | n/a | n/a |
| August 2026 | $22.2M | Current | No | n/a | n/a |
| July 2026 | $22.2M | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Citigroup Commercial Mortgage Trust 2026-MFAM1 | 16 | $22,200,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Baton Rouge loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Louisiana Industrial Portfolio | Geismar, LA | Industrial | $14.0M | 3.955% | Dec 2031 | 1.85x | 100% | Current |
| Rouzan Marketplace | Baton Rouge, LA | Retail | $7.7M | 4.19% | Apr 2031 | 1.56x | 100% | Current |
| Store Safe Baton Rouge | Baton Rouge, LA | Self storage | $6.6M | 4.00% | May 2031 | 2.49x | 95% | 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.