Multifamily · El Paso, Texas
The 501 Apartments
The 501 Apartments is financed with a $5.8M CMBS loan at 6.70% that reaches maturity on August 1, 2031, in 4 years and 9 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $5,766,000
- Original balance (same notes)
- $5,766,000
- Interest rate
- 6.70% fixed
- Originated
- July 31, 2026
- Maturity
- August 1, 2031
- Payments
- Interest only for the full term
- Prepayment premium ends
- April 30, 2031 (yield maintenance)
- Master servicer
- CBRE
- Originator
- AxLender (DX) Subsidiary LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 501 South Campbell Street, El Paso, TX 79901
- Metro
- El Paso, TX
- Units, rooms or beds
- 87
- Built
- 2017
- Value at securitization
- $9.9M (Jun 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.38x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $542K | 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 | $5.8M | Current | 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 | 31 | $5,766,000 | Nov 2026 | SEC filing, October 21, 2026 |
Other El Paso loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cliff Drive Medical Plaza | El Paso, TX | Office | $4.6M | 3.85% | Jun 2031 | 0.90x | 55% | Current |
| Walgreens - Socorro | Socorro, TX | Retail | $3.7M | 4.033% | Jul 2031 | 2.18x | 100% | Current |
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.