Industrial · Tampa, Florida
Sweetwater Business Center
Sweetwater Business Center is financed with a $24.0M CMBS loan at 6.20% that reaches maturity on October 6, 2035, in 8 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,000,000
- Original balance (same notes)
- $24,000,000
- Interest rate
- 6.20% fixed
- Originated
- September 17, 2025
- Maturity
- October 6, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2027
- Prepayment premium ends
- April 5, 2035 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5455-5557 West Waters Avenue, Tampa, FL 33634
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 225,789 sq ft
- Built
- 1987
- Largest tenants
- Children's Network of Hillsborough, LLC; Unified Women's Healthcare, LP; Home Depot U.S.A. Inc.
- Value at securitization
- $38.3M (Aug 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.62x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $2.4M | n/a |
Watch flags
Computed from the BMO 2025-C13 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.
What the filing shows
- The filing gives Oct 2027 as the lease end date for the largest tenant (Children's Network of Hillsborough, LLC), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.0M | Current | No | n/a | n/a |
| August 2026 | $24.0M | Current | No | n/a | n/a |
| July 2026 | $24.0M | Current | No | n/a | n/a |
| June 2026 | $24.0M | Current | No | n/a | n/a |
| May 2026 | $24.0M | Current | No | n/a | n/a |
| April 2026 | $24.0M | Current | No | n/a | n/a |
| March 2026 | $24.0M | Current | No | n/a | n/a |
| February 2026 | $24.0M | Current | No | n/a | n/a |
| January 2026 | $24.0M | Current | No | n/a | n/a |
| December 2025 | $24.0M | Current | No | n/a | n/a |
| November 2025 | $24.0M | Current | No | n/a | n/a |
| October 2025 | $24.0M | 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 2025-C13 Mortgage Trust | 10 | $24,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Natson Hotel Largo Portfolio | Largo, FL | Hotel | $26.0M | 6.658% | Dec 2035 | n/a | n/a | Current |
| Hilton Garden Tampa Riverview | Riverview, FL | Hotel | $14.5M | 6.912% | Jan 2035 | 2.58x | 76% | 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.