Office portfolio, 4 properties · Syracuse, New York
Salina Meadows Office Park
This portfolio is financed with a $25.0M CMBS loan at 5.02% that reaches maturity on March 6, 2032, in 5 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $25,000,000
- Original balance (same notes)
- $25,000,000
- Interest rate
- 5.02% fixed
- Originated
- February 16, 2022
- Maturity
- March 6, 2032
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- December 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred June 7, 2023
- Workout strategy
- Foreclosure
- Advancing
- The servicer has stopped advancing on this loan (non-recoverable)
- Defeasance
- None reported
The property
- Address
- 200, 220, 231 Salina Meadows Parkway and 301 Plainfield Road, Syracuse, NY 13212
- Metro
- Syracuse, NY
- Rentable area
- 240,475 sq ft
- Built
- 1986, renovated 2000
- Largest tenants
- CorVel Healthcare Corp; NCR CORPORATION; Parsons Engineering
- Value at securitization
- $41.4M (Jan 2022)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.51x | n/a |
| Occupancy | 91% | n/a |
| Net operating income | $2.4M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2022-C15 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Servicer stopped advancing
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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
- The filing gives Sep 2028 as the lease end date for the largest tenant (CorVel Healthcare Corp), 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 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| February 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| January 2026 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| December 2025 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| November 2025 | $25.0M | 90+ days delinquent | Yes | n/a | n/a |
| October 2025 | $25.0M | 90+ days delinquent | Yes | 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.
Special-servicing history
- Transferred to the special servicer June 7, 2023, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2022-C15 | 15 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Syracuse loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| WayGate Technologies | Skaneateles, NY | Industrial | $7.3M | 4.331% | Jun 2032 | 2.28x | 100% | 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.