Other portfolio, 2 properties · New York, New York
Select Garages Parking Portfolio fka Katz Parking Portfolio
Public CMBS trusts hold $34.0M of the loan on this portfolio at 7.91% that reaches maturity on June 6, 2028, in 19 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
- $34,000,000
- Original balance (same notes)
- $34,000,000
- Interest rate
- 7.91% fixed
- Originated
- May 25, 2023
- Maturity
- June 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred February 7, 2025
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 30, 40 and 60 East 9th Street, New York, NY 10003
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $72.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the Benchmark 2023-V3 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Select Garages Parking Portfolio fka Katz Parking Portfolio | New York, NY | Other | n/a | n/a |
| 2373 Broadway | New York, NY | Other | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| February 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| January 2026 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| December 2025 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| November 2025 | $34.0M | 90+ days delinquent | Yes | n/a | n/a |
| October 2025 | $34.0M | 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 February 7, 2025, 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 |
|---|---|---|---|---|
| Benchmark 2023-V3 Mortgage Trust | 12 | $34,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other New York-Newark-Jersey City loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One SoHo Square | New York, NY | Office | $469.0M | 2.725% | Aug 2028 | 1.78x | 85% | With the special servicer |
| 11 West 42nd Street | New York, NY | Office | $274.0M | 7.44% | Jul 2028 | 1.27x | 99% | Current |
| Harborside 2-3 | Jersey City, NJ | Office | $225.0M | 5.84% | Apr 2028 | 2.29x | 76% | Current |
| 3 Park Avenue | New York, NY | Office | $182.0M | 4.75% | Dec 2028 | 0.61x | 47% | Current |
| Gateway Center South | Brooklyn, NY | Retail | $162.5M | 6.873% | Jun 2028 | 1.69x | 98% | Current |
| 685 Fifth Avenue Retail | New York, NY | Retail | $160.0M | 3.871% | Jul 2028 | 3.13x | 100% | With the special servicer |
| 1745 Broadway | New York, NY | Office | $144.0M | 3.768% | Jun 2028 | 2.52x | 88% | Current |
| 65 Broadway, New York (2028 maturity), loan 4Sb in CF 2019-CF1 Mortgage Trust | New York, NY | Office | $136.0M | 4.935% | Dec 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All New York-Newark-Jersey City loans
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.