Self storage · Salem, Oregon
Salem Mini Storage
Salem Mini Storage is financed with a $3.5M CMBS loan at 7.084% that reaches maturity on March 11, 2035, in 8 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
- $3,500,000
- Original balance (same notes)
- $3,500,000
- Interest rate
- 7.084% fixed
- Originated
- February 25, 2025
- Maturity
- March 11, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 10, 2034
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5500 And 5585 Commercial Street Southeast, Salem, OR 97306
- Rentable area
- 56,805 sq ft
- Built
- 1994
- Value at securitization
- $7.3M (Jan 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.74x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $436K | n/a |
Watch flags
Computed from the BANK 2025-BNK49 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.5M | Current | No | n/a | n/a |
| August 2026 | $3.5M | Current | No | n/a | n/a |
| July 2026 | $3.5M | Current | No | n/a | n/a |
| June 2026 | $3.5M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| May 2026 | $3.5M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| April 2026 | $3.5M | Current | No | n/a | n/a |
| March 2026 | $3.5M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| February 2026 | $3.5M | Current | No | n/a | n/a |
| January 2026 | $3.5M | Current | No | n/a | n/a |
| December 2025 | $3.5M | Current | No | n/a | n/a |
| November 2025 | $3.5M | Current | No | n/a | n/a |
| October 2025 | $3.5M | 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 |
|---|---|---|---|---|
| BANK 2025-BNK49 | 37 | $3,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
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.