Retail portfolio, 2 properties · Braintree, Massachusetts
PGA Tour Superstore
This portfolio is financed with a $16.2M CMBS loan at 3.94% that reaches maturity on November 6, 2031, in 5 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,246,711
- Original balance (same notes)
- $16,246,711
- Interest rate
- 3.94% fixed
- Originated
- October 15, 2021
- Maturity
- November 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 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
- 450 Grossman Drive AKA PGA Individual Property, Braintree, MA 02184
- Metro
- Boston-Cambridge-Newton, MA-NH
- Value at securitization
- $28.4M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the BENCHMARK 2021-B31 MORTGAGE TRUST 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| PGA Tour Superstore | Braintree, MA | Retail | n/a | n/a |
| Denver West Office | Lakewood, CO | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.2M | Current | No | n/a | n/a |
| August 2026 | $16.2M | Current | No | n/a | n/a |
| July 2026 | $16.2M | Current | No | n/a | n/a |
| June 2026 | $16.2M | Current | No | n/a | n/a |
| May 2026 | $16.2M | Current | No | n/a | n/a |
| April 2026 | $16.2M | Current | No | 3.23x | 100% |
| March 2026 | $16.2M | Current | No | 3.23x | 100% |
| February 2026 | $16.2M | Current | No | 3.23x | 100% |
| January 2026 | $16.2M | Current | No | 3.23x | 100% |
| December 2025 | $16.2M | Current | No | 3.23x | 100% |
| November 2025 | $16.2M | Current | No | 3.23x | 100% |
| October 2025 | $16.2M | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2021-B31 MORTGAGE TRUST | 20 | $16,246,711 | Sep 2026 | SEC filing, September 30, 2026 |
Other Boston-Cambridge-Newton loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 350 and 450 Water Street | Cambridge, MA | Mixed use | $421.0M | 2.792% | Nov 2031 | n/a | n/a | Current |
| Northshore Mall | Peabody, MA | Retail | $175.0M | 6.355% | Jan 2031 | 2.36x | 93% | Current |
| One Memorial Drive | Cambridge, MA | Office | $158.2M | 2.692% | Oct 2031 | 0.92x | 42% | Current |
| Cx - 350 & 450 Water Street, Cambridge (2031 maturity), loan 3 in BANK 2021-BNK38 | Cambridge, MA | Mixed use | $55.0M | 2.792% | Nov 2031 | 3.48x | 100% | Current |
| Cx - 350 & 450 Water Street, Cambridge (2031 maturity), loan 7 in BANK 2022-BNK39 | Cambridge, MA | Mixed use | $53.0M | 2.792% | Nov 2031 | 3.48x | 100% | Current |
| One Washington | Boston, MA | Office | $38.0M | 7.389% | Jun 2031 | n/a | n/a | Current |
| Extra Space Storage MA | Malden, MA | Self storage | $15.7M | 6.46% | Jul 2031 | n/a | n/a | Current |
| 298-300 Meridian Street | Boston, MA | Multifamily | $14.4M | 4.762% | Apr 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Boston-Cambridge-Newton 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.