Self storage · Bethesda, Maryland
Security Public Storage Bethesda
Security Public Storage Bethesda is financed with a $24.8M CMBS loan at 5.989% that reaches maturity on September 6, 2035, in 8 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,800,000
- Original balance (same notes)
- $24,800,000
- Interest rate
- 5.989% fixed
- Originated
- September 2, 2025
- Maturity
- September 6, 2035
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- October 5, 2026
- Prepayment premium ends
- March 5, 2035 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5221 River Road, Bethesda, MD 20816
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Rentable area
- 86,012 sq ft
- Built
- 1961, renovated 2009
- Value at securitization
- $44.5M (Jul 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.48x | 1.68x |
| Occupancy | 96% | 100% |
| Net operating income (annualized from 3 months) | $2.6M | $2.6M |
| Debt yield | 10.3% |
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 BMO 2025-C13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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
- Occupancy has risen from 96% when the loan was securitized to 100%.
- Debt service coverage moved from 1.48x at securitization to 1.68x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.8M | Current | No | 1.68x | 100% |
| August 2026 | $24.8M | Current | No | 1.68x | 100% |
| July 2026 | $24.8M | Current | No | 1.68x | 100% |
| June 2026 | $24.8M | Current | No | n/a | n/a |
| May 2026 | $24.8M | Current | No | n/a | n/a |
| April 2026 | $24.8M | Current | No | 1.44x | 100% |
| March 2026 | $24.8M | Current | No | 1.44x | 100% |
| February 2026 | $24.8M | Current | No | n/a | n/a |
| January 2026 | $24.8M | Current | No | n/a | n/a |
| December 2025 | $24.8M | Current | No | n/a | n/a |
| November 2025 | $24.8M | Current | No | n/a | n/a |
| October 2025 | $24.8M | 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 |
|---|---|---|---|---|
| BMO 2025-C13 Mortgage Trust | 9 | $24,800,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Washington-Arlington-Alexandria loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Marriott HQ | Bethesda, MD | Office | $199.1M | 5.491% | Mar 2035 | 2.04x | 100% | Current |
| Burke Centre | Burke, VA | Retail | $88.0M | 6.39% | Oct 2035 | 1.22x | 100% | Current |
| Brandywine Regency Warehouse & Distribution Center | Brandywine, MD | Industrial | $75.1M | 6.62% | Dec 2035 | 3.17x | 100% | Current |
| Fishers Twinbrook | Rockville, MD | Mixed use | $46.0M | 5.449% | Dec 2035 | 3.15x | 100% | Current |
| Capitol Hill Hotel | Washington, DC | Hotel | $34.5M | 6.82% | Nov 2035 | -0.04x | n/a | Current |
| Davis Ford Crossing | Manassas, VA | Retail | $33.3M | 6.662% | Jul 2035 | 1.75x | 95% | Current |
| Marriott World Headquarters | Bethesda, MD | Office | $24.0M | 5.491% | Mar 2035 | 2.04x | 100% | Current |
| Security Public Storage Herndon | Herndon, VA | Self storage | $11.5M | 5.969% | Oct 2035 | 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.