Multifamily · North Richland Hills, Texas
Parkwyn Townhomes
Public CMBS trusts hold $23.3M of the loan on Parkwyn Townhomes at 7.23% that reaches maturity on May 6, 2030, in 3 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $23,250,000
- Original balance (same notes)
- $23,250,000
- Interest rate
- 7.23% fixed
- Originated
- April 29, 2025
- Maturity
- May 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- December 5, 2025
- Prepayment premium ends
- February 5, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 4401 Glenview Court, North Richland Hills, TX 76180
- Metro
- Dallas-Fort Worth-Arlington, TX
- Units, rooms or beds
- 241
- Built
- 1969, renovated 2023
- Value at securitization
- $41.5M (Apr 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.42x | 1.28x |
| Occupancy | 94% | 91% |
| Net operating income (annualized from 6 months) | $2.4M | $4.4M |
| Debt yield | 18.8% |
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 2025-5C12 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
- Net operating income is 81% above the underwritten figure ($4.4M a year against $2.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.42x at securitization to 1.28x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $23.3M | Current | No | 1.28x | 91% |
| August 2026 | $23.3M | Current | No | 1.28x | 91% |
| July 2026 | $23.3M | Current | No | 1.25x | 90% |
| June 2026 | $23.3M | Current | No | 1.37x | 90% |
| May 2026 | $23.3M | Current | No | 1.37x | 90% |
| April 2026 | $23.3M | Current | No | n/a | n/a |
| March 2026 | $23.3M | Current | No | n/a | n/a |
| February 2026 | $23.3M | Current | No | n/a | n/a |
| January 2026 | $23.3M | Current | No | n/a | n/a |
| December 2025 | $23.3M | Current | No | n/a | n/a |
| November 2025 | $23.3M | Current | No | n/a | n/a |
| October 2025 | $15.1M | 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
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 2025-5C5 | 13 | $15,112,500 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2025-5C12 Mortgage Trust | 28 | $8,137,500 | Sep 2026 | SEC filing, October 2, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kpmg Plaza at Hall Arts | Dallas, TX | Office | $111.7M | 3.41% | Jan 2030 | 2.87x | 99% | Current |
| USAA Plano | Plano, TX | Office | $63.6M | 3.624% | Sep 2030 | 1.57x | 100% | Current |
| 6500 South | Dallas, TX | Multifamily | $50.0M | 6.52% | Apr 2030 | 1.39x | 90% | Current |
| Turtle Creek Village Retail | Dallas, TX | Retail | $48.6M | 6.87% | Jun 2030 | n/a | n/a | Current |
| Turtle Creek Village | Dallas, TX | Other | $35.4M | 6.87% | Jun 2030 | 2.94x | 92% | Current |
| Avalon 8801 | Irving, TX | Multifamily | $32.0M | 6.601% | Apr 2030 | 1.34x | 98% | Current |
| Tower at Frisco Square | Frisco, TX | Office | $31.6M | 3.62% | Dec 2030 | 2.00x | 87% | Current |
| Synergy Park | Richardson, TX | Mixed use | $29.2M | 6.28% | Feb 2030 | 3.21x | 100% | Current |
All loans maturing in 2030 · All Dallas-Fort Worth-Arlington 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.