Multifamily · Tallahassee, Florida
Prospect Row
Prospect Row is financed with a $28.5M CMBS loan at 6.40% that reaches maturity on October 6, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $28,500,000
- Original balance (same notes)
- $28,500,000
- Interest rate
- 6.40% fixed
- Originated
- October 3, 2025
- Maturity
- October 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 700 & 701 Mosley Street 1218 & 1231 Stearns Street, Tallahassee, FL 32310
- Metro
- Tallahassee, FL
- Units, rooms or beds
- 175
- Built
- 2022
- Value at securitization
- $36.6M (Aug 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.21x | 1.21x |
| Occupancy | 92% | 99% |
| Net operating income (annualized from 3 months) | $2.2M | $2.2M |
| Debt yield | 7.9% |
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 D2-Natixis Multifamily Mortgage Trust 2026-M1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
What the filing shows
- Occupancy has risen from 92% when the loan was securitized to 99%.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.5M | Current | No | 1.21x | 99% |
| August 2026 | $28.5M | 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 |
|---|---|---|---|---|
| D2-Natixis Multifamily Mortgage Trust 2026-M1 | 6 | $28,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Tallahassee loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Boulevard at Tallahassee | Tallahassee, FL | Multifamily | $37.0M | 5.80% | Dec 2030 | n/a | n/a | Current |
| 830 East Park Avenue | Tallahassee, FL | Multifamily | $4.3M | 6.50% | Nov 2030 | n/a | n/a | 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.