Office · Plano, Texas
Plaza at Legacy Plano
Plaza at Legacy Plano is financed with a $37.1M CMBS loan at 7.48% that reaches maturity on July 1, 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
- $37,100,000
- Original balance (same notes)
- $37,100,000
- Interest rate
- 7.48% fixed
- Originated
- June 8, 2026
- Maturity
- July 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 28, 2031
- Master servicer
- Midland
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5465 Legacy Drive, Plano, TX 75024
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 216,017 sq ft
- Built
- 2001, renovated 2024
- Largest tenants
- Broadcom; LoanDepot.com, LLC; Randstad Professionals US, LLC
- Value at securitization
- $55.5M (Apr 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.59x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $4.5M | n/a |
Watch flags
Computed from the BANK5 2026-5YR23 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Largest tenant's lease ends within 12 months
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 Sep 2027 as the lease end date for the largest tenant (Broadcom), before the loan matures. Lenders look hard at that rollover.
The last 3 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $37.1M | Current | No | n/a | n/a |
| August 2026 | $37.1M | Current | No | n/a | n/a |
| July 2026 | $37.1M | Current | No | 1.29x | 92% |
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 |
|---|---|---|---|---|
| BANK5 2026-5YR23 | 17 | $37,100,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pinnacle Tower | Dallas, TX | Office | $100.0M | 6.451% | Mar 2031 | n/a | n/a | Current |
| International Plaza I | Farmers Branch, TX | Office | $65.4M | 2.435% | Sep 2031 | 5.86x | 100% | Current |
| Building E1 | Frisco, TX | Office | $52.8M | 3.80% | Dec 2031 | n/a | n/a | Current |
| Volara Apartments | Dallas, TX | Multifamily | $44.0M | 6.73% | Mar 2031 | n/a | n/a | Current |
| Epic West Towne Crossing | Grand Prairie, TX | Retail | $40.8M | 3.25% | Oct 2031 | 2.12x | 86% | Current |
| Granite Tower | Farmers Branch, TX | Office | $36.3M | 3.72% | Jul 2031 | 2.80x | 89% | Current |
| Bardin Place Shopping Center | Arlington, TX | Retail | $32.3M | 3.52% | Aug 2031 | 3.02x | 99% | Current |
| Interlace Apartments | TX | Multifamily | $30.0M | 7.61% | Aug 2031 | n/a | n/a | Current |
All loans maturing in 2031 · 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.