Mixed use · Chattanooga, Tennessee
Sculpture Flats
Sculpture Flats is financed with a $2.3M CMBS loan at 4.30% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $2,319,422
- Original balance (same notes)
- $2,600,000
- Interest rate
- 4.30% fixed
- Originated
- August 5, 2020
- Maturity
- August 6, 2030
- Payments
- Amortizing over 30 years
- Prepayment premium ends
- May 5, 2030 (yield maintenance)
- Master servicer
- Grandbridge
- Originator
- BSPRT CMBS Finance, LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1149, 1155 & 1159 East Main Street, Chattanooga, TN 37408
- Metro
- Chattanooga, TN-GA
- Units, rooms or beds
- 22
- Built
- 2018
- Largest tenants
- Concious Choices; Monarch
- Value at securitization
- $4.4M (Feb 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.60x | 1.93x |
| Occupancy | 100% | 100% |
| Net operating income | $247K | $298K |
| Debt yield | 12.9% |
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 DBJPM 2020-C9 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 21% above the underwritten figure ($298K a year against $247K).
- Debt service coverage moved from 1.60x at securitization to 1.93x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.3M | Late payment but less than 30 days delinquent | No | 1.93x | 100% |
| August 2026 | $2.3M | Current | No | n/a | n/a |
| July 2026 | $2.3M | Current | No | n/a | n/a |
| June 2026 | $2.3M | Current | No | n/a | n/a |
| May 2026 | $2.3M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $2.3M | Current | No | 1.81x | 100% |
| March 2026 | $2.3M | Current | No | 1.81x | 100% |
| February 2026 | $2.3M | Current | No | 1.81x | 100% |
| January 2026 | $2.4M | Current | No | 1.79x | 100% |
| December 2025 | $2.4M | Current | No | 1.79x | 100% |
| November 2025 | $2.4M | Current | No | 1.79x | 100% |
| October 2025 | $2.4M | Current | No | 1.73x | 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 |
|---|---|---|---|---|
| DBJPM 2020-C9 Mortgage Trust | 28 | $2,319,422 | Sep 2026 | SEC filing, October 1, 2026 |
Other Chattanooga loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Doubletree Downtown Chattanooga | Chattanooga, TN | Hotel | $19.5M | 7.03% | Jun 2030 | 1.59x | 56% | Current |
| Towneplace Suites Chattanooga South / East Ridge Tn | East Ridge, TN | Hotel | $9.7M | 7.93% | Jul 2030 | 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.