Self storage · Rock Hill, South Carolina
South End Mini Storage
South End Mini Storage is financed with a $1.9M CMBS loan at 5.42% that reaches maturity on December 6, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,890,736
- Original balance (same notes)
- $2,200,000
- Interest rate
- 5.42% fixed
- Originated
- November 20, 2017
- Maturity
- December 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1530 East Main Street, Rock Hill, SC 29730
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Rentable area
- 49,725 sq ft
- Built
- 2006
- Value at securitization
- $3.6M (Oct 2017)
Performance
| At securitization | Latest (Jun 2019) | |
|---|---|---|
| DSCR (NOI) | 1.42x | 1.27x |
| Occupancy | 88% | 73% |
| Net operating income (annualized from 6 months) | $211K | $190K |
| Debt yield | 10.0% |
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 2017-HR2 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Occupancy down 10 points or more from securitization
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 fallen from 88% when the loan was securitized to 73%.
- Net operating income is 10% below the underwritten figure ($190K a year against $211K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.42x at securitization to 1.27x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $1.9M | Current | No | 1.27x | 73% |
| August 2026 | $1.9M | Current | No | 1.27x | 73% |
| July 2026 | $1.9M | Current | No | 1.27x | 73% |
| June 2026 | $1.9M | Current | No | 1.27x | 73% |
| May 2026 | $1.9M | Current | No | 1.27x | 73% |
| April 2026 | $1.9M | Current | No | 1.27x | 73% |
| March 2026 | $1.9M | Current | No | 1.27x | 73% |
| February 2026 | $1.9M | Current | No | 1.27x | 73% |
| January 2026 | $1.9M | Current | No | 1.27x | 73% |
| December 2025 | $1.9M | Current | No | 1.27x | 73% |
| November 2025 | $1.9M | Current | No | 1.27x | 73% |
| October 2025 | $1.9M | Current | No | 1.27x | 73% |
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 2017-HR2 | 42 | $1,890,736 | Sep 2026 | SEC filing, October 2, 2026 |
Other Charlotte-Concord-Gastonia loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| RSI Home Products Distribution | Lincolnton, NC | Industrial | $33.5M | 4.978% | Feb 2027 | 2.23x | 100% | Current |
| Hyatt Place Charlotte Downtown | Charlotte, NC | Hotel | $22.8M | 5.503% | Feb 2027 | 1.45x | 60% | Current |
| Charlotte Southpark Marriott | Charlotte, NC | Hotel | $20.8M | 4.90% | Apr 2027 | 2.40x | 73% | Current |
| Midtown Crossing | Charlotte, NC | Retail | $19.5M | 5.02% | Jan 2027 | 1.67x | 100% | Current |
| Whitehall Corporate Center VI | Charlotte, NC | Office | $12.0M | 5.17% | Jan 2027 | 1.41x | 76% | Current |
| Huntersville Square | Huntersville, NC | Retail | $8.2M | 4.70% | May 2027 | 1.06x | 95% | Late, less than 30 days |
| Packard Place | Charlotte, NC | Mixed use | $6.7M | 4.55% | May 2027 | 0.59x | 40% | Current |
| Village At Oakhurst | Cornelius, NC | Mixed use | $5.0M | 5.16% | Apr 2027 | 2.17x | 100% | Current |
All loans maturing in 2027 · All Charlotte-Concord-Gastonia 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.