Multifamily · Pascagoula, Mississippi
Sea Breeze Apartments
Sea Breeze Apartments is financed with a $6.1M CMBS loan at 6.456% that reaches maturity on April 1, 2036, in 9 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,100,000
- Original balance (same notes)
- $6,100,000
- Interest rate
- 6.456% fixed
- Originated
- March 2, 2026
- Maturity
- April 1, 2036
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- August 31, 2035
- Master servicer
- Trimont LLC
- Originator
- Bank of America, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5101 Orchard Avenue, Pascagoula, MS 39581
- Units, rooms or beds
- 120
- Built
- 1972, renovated 2025
- Value at securitization
- $11.1M (Dec 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.28x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $591K | n/a |
Watch flags
Computed from the Benchmark 2026-B43 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 5 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.1M | Current | No | n/a | n/a |
| August 2026 | $6.1M | Current | No | n/a | n/a |
| July 2026 | $6.1M | Current | No | n/a | n/a |
| June 2026 | $6.1M | Current | No | n/a | n/a |
| May 2026 | $6.1M | 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 |
|---|---|---|---|---|
| Benchmark 2026-B43 Mortgage Trust | 29 | $6,100,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Mississippi loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pecan Ridge Mhc | Gulfport, MS | Manufactured housing | $3.3M | 6.649% | Jun 2036 | 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.