Mixed use portfolio, 3 properties · New York
Stone & Montague Portfolio
This portfolio is financed with a $15.5M CMBS loan at 4.35% that reaches maturity on November 6, 2030, in 4 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $15,500,000
- Original balance (same notes)
- $15,500,000
- Interest rate
- 4.35% fixed
- Originated
- October 23, 2020
- Maturity
- November 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 5, 2030
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred April 13, 2022
- Workout strategy
- Other
- Modified
- Yes, most recently September 5, 2025
- Defeasance
- None reported
The property
- Value at securitization
- $24.6M (Oct 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.90x | 1.22x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $1.3M | $847K |
| Debt yield | 5.5% |
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 Wells Fargo Commercial Mortgage Trust 2020-C58 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Modified
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.
What the filing shows
- Net operating income is 35% below the underwritten figure ($847K a year against $1.3M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.90x at securitization to 1.22x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.5M | Late payment but less than 30 days delinquent | Yes | 1.22x | 100% |
| August 2026 | $15.5M | Late payment but less than 30 days delinquent | Yes | 1.22x | 100% |
| July 2026 | $15.5M | Current | Yes | 1.20x | 100% |
| June 2026 | $15.5M | Late payment but less than 30 days delinquent | Yes | 1.20x | 100% |
| May 2026 | $15.5M | Current | Yes | 0.83x | 100% |
| April 2026 | $15.5M | Late payment but less than 30 days delinquent | Yes | 0.83x | 100% |
| March 2026 | $15.5M | 30-59 days delinquent | Yes | 0.83x | 100% |
| February 2026 | $15.5M | Late payment but less than 30 days delinquent | Yes | 0.83x | 100% |
| January 2026 | $15.5M | 30-59 days delinquent | Yes | 0.94x | 100% |
| December 2025 | $15.5M | Late payment but less than 30 days delinquent | Yes | 0.94x | 100% |
| November 2025 | $15.5M | Late payment but less than 30 days delinquent | Yes | 0.94x | 100% |
| October 2025 | $15.5M | Late payment but less than 30 days delinquent | Yes | 0.94x | 100% |
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 April 13, 2022, 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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2020-C58 | 14 | $15,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other New York loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 711 Fifth Avenue | New York, NY | Mixed use | $545.0M | 3.16% | Mar 2030 | 2.71x | 66% | Current |
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Grace Building | New York, NY | Office | $450.0M | 2.692% | Dec 2030 | n/a | n/a | Current |
| 605 Third Avenue | New York, NY | Office | $231.0M | 1.938% | Dec 2030 | 4.66x | 83% | Current |
| The Spiral | New York, NY | Office | $200.0M | 5.50% | Jan 2030 | n/a | n/a | Current |
| 250 West 57th Street | New York, NY | Office | $180.0M | 2.829% | Dec 2030 | 4.41x | 85% | Current |
| Mall at Bay Plaza | The Bronx, NY | Retail | $170.0M | 6.715% | Nov 2030 | n/a | n/a | Current |
| 120 Wall Street | New York, NY | Office | $165.0M | 3.201% | Oct 2030 | 2.73x | 91% | Current |
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.