Retail · Camden, South Carolina
River Oaks Shopping Center
River Oaks Shopping Center is financed with a $7.7M CMBS loan at 4.02% that reaches maturity on March 1, 2030, in 3 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,728,752
- Original balance (same notes)
- $8,418,000
- Interest rate
- 4.02% fixed
- Originated
- February 11, 2020
- Maturity
- March 1, 2030
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- October 31, 2029
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2209-2235 West Dekalb Street, Camden, SC 29020
- Metro
- Columbia, SC
- Rentable area
- 136,591 sq ft
- Built
- 1992, renovated 2019
- Largest tenants
- Hobby Lobby; Aldi Food Store; Marshalls
- Value at securitization
- $11.5M (Dec 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.93x | 1.78x |
| Occupancy | 99% | 98% |
| Net operating income (annualized from 6 months) | $932K | $869K |
| Debt yield | 11.2% |
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 2020-BNK27 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
- Net operating income is 7% below the underwritten figure ($869K a year against $932K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.93x at securitization to 1.78x on the latest statements.
- The filing gives Jun 2029 as the lease end date for the largest tenant (Hobby Lobby), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.7M | Current | No | 1.78x | 98% |
| August 2026 | $7.7M | Current | No | 1.87x | 98% |
| July 2026 | $7.8M | Current | No | 1.87x | 98% |
| June 2026 | $7.8M | Current | No | 1.87x | 98% |
| May 2026 | $7.8M | Current | No | 1.87x | 98% |
| April 2026 | $7.8M | Current | No | 2.23x | 98% |
| March 2026 | $7.8M | Current | No | 2.23x | 98% |
| February 2026 | $7.8M | Current | No | 2.23x | 98% |
| January 2026 | $7.8M | Current | No | 2.29x | 98% |
| December 2025 | $7.9M | Current | No | 2.29x | 98% |
| November 2025 | $7.9M | Current | No | 2.29x | 98% |
| October 2025 | $7.9M | Current | No | 2.45x | 98% |
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 2020-BNK27 | 19 | $7,728,752 | Sep 2026 | SEC filing, September 29, 2026 |
Other Columbia loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Riverwalk Vista | Columbia, SC | Multifamily | $26.0M | 6.11% | Aug 2030 | 1.30x | 92% | Current |
| 1333 Main Street | Columbia, SC | Office | $19.9M | 3.685% | Mar 2030 | 1.81x | 90% | Current |
| Courtyard - Columbia Downtown | Columbia, SC | Hotel | $15.0M | 3.425% | Jan 2030 | 6.91x | 63% | Current |
| North Pointe | Columbia, SC | Industrial | $5.8M | 3.874% | Jan 2030 | 1.77x | 91% | 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.