Retail · Poinciana, Florida
Poinciana Lakes Plaza
Public CMBS trusts hold $48.2M of the loan on Poinciana Lakes Plaza at 6.665% that reaches maturity on June 6, 2030, in 3 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $48,200,000
- Original balance (same notes)
- $48,200,000
- Interest rate
- 6.665% fixed
- Originated
- June 3, 2025
- Maturity
- June 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- July 5, 2026
- Prepayment premium ends
- December 5, 2029 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 4690 Marigold Avenue, Poinciana, FL 34758
- Metro
- Orlando-Kissimmee-Sanford, FL
- Rentable area
- 209,088 sq ft
- Built
- 2024
- Largest tenants
- CR Fitness Poinciana LLC; Burlington Coat Factory; The TJX Companies
- Value at securitization
- $69.5M (Oct 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.31x | 1.29x |
| Occupancy | 99% | 97% |
| Net operating income (annualized from 3 months) | $4.3M | $4.3M |
| Debt yield | 8.8% |
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 Benchmark 2025-V16 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $48.2M | Current | No | 1.23x | 99% |
| August 2026 | $48.2M | Current | No | 1.29x | 99% |
| July 2026 | $56.3M | Current | No | 1.29x | 97% |
| June 2026 | $48.2M | Current | No | 1.29x | 97% |
| May 2026 | $48.2M | Current | No | 1.29x | 97% |
| April 2026 | $48.2M | Current | No | n/a | n/a |
| March 2026 | $48.2M | Current | No | n/a | n/a |
| February 2026 | $48.2M | Current | No | n/a | n/a |
| January 2026 | $48.2M | Current | No | n/a | n/a |
| December 2025 | $48.2M | Current | No | n/a | n/a |
| November 2025 | $48.2M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $48.2M | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-5C37 | 9 | $28,200,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2025-V16 Mortgage Trust | 11 | $20,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Celebration Town Center | Kissimmee, FL | Mixed use | $33.0M | 6.681% | May 2030 | 1.54x | 98% | Current |
| Park at Venosa | Orlando, FL | Multifamily | $21.0M | 5.919% | Oct 2030 | n/a | n/a | Current |
| Hampton Inn & Suites Altamonte Springs | Altamonte Springs, FL | Hotel | $12.8M | 7.789% | Jun 2030 | n/a | n/a | Current |
| The Gables | Kissimmee, FL | Multifamily | $11.7M | 5.00% | Dec 2030 | 1.10x | 89% | Current |
| Hampton Inn & Suites By Hilton Orlando | Orlando, FL | Hotel | $8.4M | 6.90% | Jul 2030 | 1.86x | 80% | Current |
| Fairfield Inn Clermont | Clermont, FL | Hotel | $8.0M | 7.633% | Mar 2030 | 1.72x | 72% | Current |
| Grand Oaks Plaza | Kissimmee, FL | Retail | $4.4M | 3.966% | Feb 2030 | 2.51x | 100% | Current |
All loans maturing in 2030 · All Orlando-Kissimmee-Sanford 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.