Industrial · Ringgold, Virginia
Ringgold
Public CMBS trusts hold $44.8M of the loan on Ringgold at 5.65% that reaches maturity on October 6, 2034, in 7 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
- $44,835,082
- Original balance (same notes)
- $54,070,000
- Interest rate
- 5.65% fixed
- Originated
- September 16, 2024
- Maturity
- October 6, 2034
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- CREFI
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 100 Morgan Olson Way, Ringgold, VA 24586
- Rentable area
- 4,526,168 sq ft
- Built
- 2008, renovated 2019
- Largest tenants
- Morgan Olson
- Value at securitization
- $348.3M (Aug 2024)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.41x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $19.2M |
| Debt yield | 42.9% |
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 BMO 2024-C10 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 | $44.8M | Not reported | No | 2.41x | 100% |
| August 2026 | $44.8M | Not reported | No | 2.41x | 100% |
| July 2026 | $44.8M | Not reported | No | 2.41x | 100% |
| June 2026 | $44.8M | Not reported | No | 2.41x | 100% |
| May 2026 | $44.8M | Not reported | No | 2.41x | 100% |
| April 2026 | $44.8M | Not reported | No | 2.41x | 100% |
| March 2026 | $52.4M | Not reported | No | 2.48x | 100% |
| February 2026 | $52.4M | Not reported | No | 2.48x | 100% |
| January 2026 | $52.4M | Not reported | No | 2.52x | 100% |
| December 2025 | $52.4M | Not reported | No | 2.52x | 100% |
| November 2025 | $52.4M | Not reported | No | 2.52x | 100% |
| October 2025 | $52.4M | Not reported | No | n/a | 100% |
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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-C10 Mortgage Trust | 3-A-2 | $19,958,950 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2024-C10 Mortgage Trust | 3-A-3 | $12,438,066 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2024-C10 Mortgage Trust | 3-A-4 | $12,438,066 | Sep 2026 | SEC filing, October 2, 2026 |
Other Virginia loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| White Oak Village | Richmond, VA | Retail | $44.5M | 6.10% | Oct 2034 | 1.96x | 94% | Current |
| Prince William Square | Woodbridge, VA | Retail | $33.9M | 6.568% | Dec 2034 | 1.41x | 89% | Current |
| Springfield Center | Springfield, VA | Retail | $29.2M | 5.84% | Oct 2034 | 2.11x | 93% | Current |
| Fairfield Inn & Suites Alexandria | Alexandria, VA | Hotel | $12.2M | 7.44% | Nov 2034 | 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.