Office · Sandy Springs, Georgia
Sandy Springs Wellness Center
Sandy Springs Wellness Center is financed with a $3.2M CMBS loan at 4.461% that reaches maturity on March 11, 2032, in 5 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
- $3,240,000
- Original balance (same notes)
- $3,240,000
- Interest rate
- 4.461% fixed
- Originated
- February 23, 2022
- Maturity
- March 11, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ended
- June 10, 2024
- Prepayment premium ends
- December 10, 2031 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 6667 Vernon Woods Drive, Sandy Springs, GA 30328
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 30,036 sq ft
- Built
- 1977, renovated 2020
- Largest tenants
- LDBF Boxing for Parkinson; HCG Weight Loss Center I; Salon Do & Spa
- Value at securitization
- $5.6M (Jan 2022)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.64x | 2.34x |
| Occupancy | 100% | 93% |
| Net operating income (annualized from 6 months) | $387K | $344K |
| Debt yield | 10.6% |
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 2022-BNK41 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
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 fallen from 100% when the loan was securitized to 93%.
- Net operating income is 11% below the underwritten figure ($344K a year against $387K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.64x at securitization to 2.34x on the latest statements.
- The filing gives Oct 2030 as the lease end date for the largest tenant (LDBF Boxing for Parkinson), before the loan matures. Lenders look hard at that rollover.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.2M | Current | No | 2.34x | 93% |
| August 2026 | $3.2M | Current | No | 2.34x | 93% |
| July 2026 | $3.2M | Current | No | 1.90x | 86% |
| May 2026 | $3.2M | Current | No | 1.90x | 86% |
| April 2026 | $3.2M | Current | No | 2.53x | 94% |
| March 2026 | $3.2M | Current | No | 2.53x | 94% |
| February 2026 | $3.2M | Current | No | 2.53x | 94% |
| January 2026 | $3.2M | Current | No | 2.73x | 93% |
| December 2025 | $3.2M | Current | No | 2.73x | 93% |
| November 2025 | $3.2M | Current | No | 2.73x | 93% |
| October 2025 | $3.2M | Current | No | 3.16x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2022-BNK41 | 55 | $3,240,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hudson Bridge Crossing | Stockbridge, GA | Retail | $84.0M | 6.88% | Nov 2032 | n/a | n/a | Current |
| Stor-All Vinings | Atlanta, GA | Self storage | $14.3M | 4.097% | Feb 2032 | 2.38x | 95% | Current |
| Buford Plaza | Doraville, GA | Retail | $10.8M | 3.24% | Jan 2032 | 1.84x | 100% | Current |
| Turner Hill Marketplace | Stonecrest, GA | Retail | $10.5M | 3.565% | Feb 2032 | 2.10x | 100% | Current |
| Town & Country Apartments | Doraville, GA | Multifamily | $10.0M | 4.65% | Apr 2032 | 1.69x | 81% | Current |
| Storage Xxtra Highway 61 | Villa Rica, GA | Self storage | $7.3M | 3.56% | Jan 2032 | 1.67x | 83% | Current |
| HIE Douglasville | Douglasville, GA | Hotel | $7.1M | 5.90% | Jun 2032 | 2.11x | 86% | Current |
| Orchard West Georgia Student Housing | Carrollton, GA | Multifamily | $6.0M | 4.61% | Mar 2032 | 2.08x | 93% | 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.