Multifamily portfolio, 3 properties · Atlantic City, New Jersey
South Jersey Portfolio
This portfolio is financed with a $25.5M CMBS loan at 6.459% that reaches maturity on June 6, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $25,500,000
- Original balance (same notes)
- $25,500,000
- Interest rate
- 6.459% fixed
- Originated
- May 28, 2026
- Maturity
- June 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1922 Beach Avenue 1926 N. Arkansas Avenue and 1917 N.Columbia Avenue, Atlantic City, NJ 8401
- Metro
- Atlantic City-Hammonton, NJ
- Value at securitization
- $37.8M
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 BMO 2026-5C15 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| South Jersey Portfolio | Atlantic City, NJ | Multifamily | n/a | n/a |
| Hamilton Venice Apartments Property | Atlantic City, NJ | Multifamily | n/a | n/a |
| Venice Park Condominiums Property | Atlantic City, NJ | Multifamily | n/a | n/a |
The last 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $25.5M | Current | No | n/a | n/a |
| August 2026 | $25.5M | Current | No | n/a | n/a |
| July 2026 | $25.5M | Current | No | n/a | n/a |
| June 2026 | $25.5M | Payment not received but still in grace period or not yet due | 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 2026-5C15 Mortgage Trust | 9 | $25,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Atlantic City-Hammonton loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 111 South Cambridge Avenue | Ventnor City, NJ | Multifamily | $3.0M | 4.19% | May 2031 | 1.96x | 86% | Current |
All loans maturing in 2031 · All Atlantic City-Hammonton 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.