Mixed use · Richardson, Texas
Synergy Park
Synergy Park is financed with a $29.2M CMBS loan at 6.28% that reaches maturity on February 6, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $29,200,000
- Original balance (same notes)
- $29,200,000
- Interest rate
- 6.28% fixed
- Originated
- January 31, 2025
- Maturity
- February 6, 2030
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Barclays
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3000-3030 Waterview Parkway, Richardson, TX 75080
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 303,343 sq ft
- Built
- 1988, renovated 2022
- Largest tenants
- University of Texas at Dallas; ViaWest; University of Texas Medical
- Value at securitization
- $67.4M (Jan 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 3.21x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | n/a | $6.0M |
| Debt yield | 20.5% |
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 BBCMS Mortgage Trust 2025-5C33 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 Aug 2029 as the lease end date for the largest tenant (University of Texas at Dallas), 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 | $29.2M | Not reported | No | 3.21x | 100% |
| August 2026 | $29.2M | Not reported | No | 2.67x | 100% |
| July 2026 | $29.2M | Not reported | No | 2.67x | 100% |
| June 2026 | $29.2M | Not reported | No | 2.67x | 100% |
| May 2026 | $29.2M | Not reported | No | 2.67x | 100% |
| April 2026 | $29.2M | Not reported | No | 2.67x | 100% |
| March 2026 | $29.2M | Not reported | No | 2.67x | 100% |
| February 2026 | $29.2M | Not reported | No | 2.60x | 100% |
| January 2026 | $29.2M | Not reported | No | n/a | 100% |
| December 2025 | $29.2M | Not reported | No | n/a | 100% |
| November 2025 | $29.2M | Not reported | No | n/a | 100% |
| October 2025 | $29.2M | Not reported | No | n/a | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-5C33 | 13 | $29,200,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kpmg Plaza at Hall Arts | Dallas, TX | Office | $111.7M | 3.41% | Jan 2030 | 2.87x | 99% | Current |
| USAA Plano | Plano, TX | Office | $63.6M | 3.624% | Sep 2030 | 1.57x | 100% | Current |
| 6500 South | Dallas, TX | Multifamily | $50.0M | 6.52% | Apr 2030 | 1.39x | 90% | Current |
| Turtle Creek Village Retail | Dallas, TX | Retail | $48.6M | 6.87% | Jun 2030 | n/a | n/a | Current |
| Turtle Creek Village | Dallas, TX | Other | $35.4M | 6.87% | Jun 2030 | 2.94x | 92% | Current |
| Avalon 8801 | Irving, TX | Multifamily | $32.0M | 6.601% | Apr 2030 | 1.34x | 98% | Current |
| Tower at Frisco Square | Frisco, TX | Office | $31.6M | 3.62% | Dec 2030 | 2.00x | 87% | Current |
| Tollway Towers | Dallas, TX | Office | $28.9M | 5.29% | Dec 2030 | 1.20x | 67% | Current |
All loans maturing in 2030 · 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.