Retail · Lake Mary, Florida
Shoppes at Lake Mary
Shoppes at Lake Mary is financed with a $5.4M CMBS loan at 4.65% that reaches maturity on October 1, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,400,000
- Original balance (same notes)
- $5,400,000
- Interest rate
- 4.65% fixed
- Originated
- September 14, 2021
- Maturity
- October 1, 2028
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- MSBNA
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 101 North Country Club Road, Lake Mary, FL 32746
- Metro
- Orlando-Kissimmee-Sanford, FL
- Rentable area
- 37,685 sq ft
- Built
- 1985, renovated 2018
- Largest tenants
- Tyree Fitness; B & N Trading LLC dba Dallis P; HHF Inc. dba Nice N Easy Spor
- Value at securitization
- $8.4M (Aug 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.54x |
| Occupancy | 94% | 96% |
| Net operating income (annualized from 6 months) | n/a | $649K |
| Debt yield | 12.0% |
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 Morgan Stanley Capital I Trust 2021-L7 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.4M | Not reported | No | 2.54x | 96% |
| August 2026 | $5.4M | Not reported | No | 2.38x | 96% |
| July 2026 | $5.4M | Not reported | No | 2.38x | 96% |
| June 2026 | $5.4M | Not reported | No | 2.38x | 96% |
| May 2026 | $5.4M | Not reported | No | 2.38x | 96% |
| April 2026 | $5.4M | Not reported | No | 2.38x | 96% |
| March 2026 | $5.4M | Not reported | No | 2.38x | 96% |
| February 2026 | $5.4M | Not reported | No | 2.42x | 95% |
| January 2026 | $5.4M | Not reported | No | 2.42x | 95% |
| December 2025 | $5.4M | Not reported | No | 2.42x | 95% |
| November 2025 | $5.4M | Not reported | No | 2.42x | 96% |
| October 2025 | $5.4M | Not reported | No | 2.42x | 96% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2021-L7 | 49 | $5,400,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| DoubleTree Orlando at Sea World | Orlando, FL | Hotel | $70.0M | 7.75% | Dec 2028 | 1.79x | 65% | Current |
| Orlando Airport Marriott Lakeside | Orlando, FL | Hotel | $59.0M | 5.201% | Jun 2028 | 4.38x | 87% | Current |
| One Eleven | Orlando, FL | Mixed use | $40.7M | 7.08% | Jul 2028 | 1.88x | 79% | Current |
| Tru by Hilton Orlando | Orlando, FL | Hotel | $34.3M | 8.45% | Jul 2028 | 1.44x | 81% | Current |
| Rv Storage Depot | Altamonte Springs, FL | Other | $28.0M | 8.55% | Nov 2028 | 1.54x | 77% | Current |
| HomeTowne Studios - Casselberry, FL | Casselberry, FL | Hotel | $17.7M | 5.255% | Aug 2028 | n/a | n/a | Current |
| Vista Centre Shoppes | Orlando, FL | Retail | $17.2M | 4.951% | Sep 2028 | 2.07x | 100% | Current |
| Hampton Inn Lake Buena Vista | Orlando, FL | Hotel | $16.3M | 5.275% | Jun 2028 | 1.62x | 81% | Current |
All loans maturing in 2028 · All Orlando-Kissimmee-Sanford 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.