Mixed use · Kissimmee, Florida
Poinciana Center
Poinciana Center is financed with a $7.0M CMBS loan at 5.101% that reaches maturity on August 1, 2028, in 21 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,000,000
- Original balance (same notes)
- $7,000,000
- Interest rate
- 5.101% fixed
- Originated
- July 27, 2018
- Maturity
- August 1, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ended
- September 30, 2020
- Prepayment premium ends
- April 30, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 864 - 900 Cypress Parkway, Kissimmee, FL 34759
- Metro
- Lakeland-Winter Haven, FL
- Rentable area
- 91,670 sq ft
- Built
- 1993, renovated 2016
- Largest tenants
- METRO PCS; LIN USA, LLC; BORINQUEN RESTAURANT & PIZZERIA
- Value at securitization
- $13.4M (Aug 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.43x | 2.08x |
| Occupancy | 83% | 95% |
| Net operating income (annualized from 3 months) | $880K | $753K |
| Debt yield | 10.8% |
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 BANK 2018-BNK14 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
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 83% when the loan was securitized to 95%.
- Net operating income is 14% below the underwritten figure ($753K a year against $880K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.43x at securitization to 2.08x on the latest statements.
- The filing gives Aug 2022 as the lease end date for the largest tenant (METRO PCS), before the loan matures. Lenders look hard at that rollover.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.0M | Current | No | 2.08x | 95% |
| August 2026 | $7.0M | Current | No | 2.08x | 95% |
| July 2026 | $7.0M | Current | No | 2.08x | 95% |
| May 2026 | $7.0M | Current | No | 2.03x | 91% |
| April 2026 | $7.0M | Current | No | 2.03x | 91% |
| March 2026 | $7.0M | Current | No | 2.03x | 91% |
| February 2026 | $7.0M | Current | No | 2.03x | 91% |
| January 2026 | $7.0M | Current | No | 2.03x | 91% |
| December 2025 | $7.0M | Current | No | 2.03x | 91% |
| November 2025 | $7.0M | Current | No | 2.03x | 91% |
| October 2025 | $7.0M | Current | No | 2.03x | 91% |
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 |
|---|---|---|---|---|
| BANK 2018-BNK14 | 41 | $7,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Lakeland-Winter Haven loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Holiday Inn Express Lake Wales | Lake Wales, FL | Hotel | $7.8M | 5.44% | May 2028 | 1.95x | 79% | Current |
| Lakeland Plaza Shopping Center | Lakeland, FL | Retail | $4.3M | 5.086% | Jul 2028 | 3.36x | 94% | Current |
| Storeright Self Storage-Haines City | Haines City, FL | Self storage | $3.7M | 5.63% | Oct 2028 | 1.34x | 87% | Current |
| Towne Center At Cypress Gardens | Winter Haven, FL | Retail | $2.6M | 5.094% | Jul 2028 | 2.66x | 100% | Current |
All loans maturing in 2028 · All Lakeland-Winter Haven 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.