Multifamily · St. Charles, Missouri
Promenade at New Town
Promenade at New Town is financed with a $27.5M CMBS loan at 3.18% 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
- $27,500,000
- Original balance (same notes)
- $27,500,000
- Interest rate
- 3.18% fixed
- Originated
- June 23, 2021
- Maturity
- July 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ended
- August 31, 2022
- Prepayment premium ends
- April 30, 2031 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3301 Domain Street 3401-3550 Hiram St, 3312 Rue Royale, St. Charles, MO 63301
- Metro
- St. Louis, MO-IL
- Units, rooms or beds
- 226
- Built
- 2004
- Value at securitization
- $41.5M (May 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.55x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $2.3M | n/a |
Watch flags
Computed from the Benchmark 2021-B28 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 | $27.5M | Current | No | n/a | n/a |
| August 2026 | $27.5M | Current | No | n/a | n/a |
| July 2026 | $27.5M | Current | No | n/a | n/a |
| June 2026 | $27.5M | Current | No | n/a | n/a |
| May 2026 | $27.5M | Current | No | n/a | n/a |
| April 2026 | $27.5M | Current | No | 3.27x | 91% |
| March 2026 | $27.5M | Current | No | 3.35x | 95% |
| February 2026 | $27.5M | Current | No | 3.35x | 95% |
| January 2026 | $27.5M | Current | No | 3.35x | 95% |
| December 2025 | $27.5M | Current | No | 3.27x | 95% |
| November 2025 | $27.5M | Current | No | 3.27x | 95% |
| October 2025 | $27.5M | Current | No | 3.27x | 97% |
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-B28 Mortgage Trust | 14 | $27,500,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other St. Louis loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| City Foundry STL | St. Louis, MO | Mixed use | $97.0M | 7.10% | Mar 2031 | n/a | n/a | Current |
| 1 Solutions Parkway | Saint Louis, MO | Office | $26.6M | 3.493% | Feb 2031 | 3.18x | 100% | Current |
| St. Louis Portfolio | St. Louis, MO | Multifamily | $25.0M | 6.99% | Apr 2031 | n/a | n/a | Current |
| Maplewood Commons | Maplewood, MO | Retail | $12.5M | 4.278% | Jan 2031 | 2.38x | 97% | Current |
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.