Multifamily · Haltom City, Texas
Springdale Apartments
Springdale Apartments is financed with a $4.2M CMBS loan at 6.52% that reaches maturity on October 1, 2031, in 4 years and 11 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $4,247,000
- Original balance (same notes)
- $4,247,000
- Interest rate
- 6.52% fixed
- Originated
- September 25, 2026
- Maturity
- October 1, 2031
- Payments
- Interest only for the full term
- Prepayment premium ends
- June 30, 2031 (yield maintenance)
- Master servicer
- Greystone
- Originator
- AxLender (DX) Subsidiary LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1901 Higgins Lane, Haltom City, TX 76111
- Metro
- Dallas-Fort Worth-Arlington, TX
- Units, rooms or beds
- 100
- Built
- 1970, renovated 2019
- Value at securitization
- $8.1M (Jul 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.51x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $425K | n/a |
Watch flags
Computed from the AXDB 2026-MULT1 Mortgage Trust filing for the reporting period ending November 11, 2026, filed with the SEC October 21, 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 1 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $4.2M | 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 |
|---|---|---|---|---|
| AXDB 2026-MULT1 Mortgage Trust | 38 | $4,247,000 | Nov 2026 | SEC filing, October 21, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pinnacle Tower | Dallas, TX | Office | $100.0M | 6.451% | Mar 2031 | n/a | n/a | Current |
| International Plaza I | Farmers Branch, TX | Office | $65.4M | 2.435% | Sep 2031 | 5.86x | 100% | Current |
| Building E1 | Frisco, TX | Office | $52.8M | 3.80% | Dec 2031 | n/a | n/a | Current |
| Volara Apartments | Dallas, TX | Multifamily | $44.0M | 6.73% | Mar 2031 | n/a | n/a | Current |
| Epic West Towne Crossing | Grand Prairie, TX | Retail | $40.8M | 3.25% | Oct 2031 | 2.12x | 86% | Current |
| Plaza at Legacy Plano | Plano, TX | Office | $37.1M | 7.48% | Jul 2031 | n/a | n/a | Current |
| Granite Tower | Farmers Branch, TX | Office | $36.3M | 3.72% | Jul 2031 | 2.80x | 89% | Current |
| Bardin Place Shopping Center | Arlington, TX | Retail | $32.3M | 3.52% | Aug 2031 | 3.02x | 99% | Current |
All loans maturing in 2031 · All Dallas-Fort Worth-Arlington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.