Multifamily · Cedar City, Utah
The Annie
The Annie is financed with a $8.5M CMBS loan at 6.575% that reaches maturity on July 6, 2030, in 3 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is delinquent: 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $8,500,000
- Original balance (same notes)
- $8,500,000
- Interest rate
- 6.575% fixed
- Originated
- July 2, 2025
- Maturity
- July 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2030
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 840 South Main Street, Cedar City, UT 84720
- Units, rooms or beds
- 78
- Built
- 1972, renovated 2025
- Value at securitization
- $12.5M (May 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.43x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $810K | n/a |
Watch flags
Computed from the Benchmark 2025-V16 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in every report since 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.5M | 30-59 days delinquent | No | n/a | n/a |
| August 2026 | $8.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| July 2026 | $9.0M | Current | No | 1.95x | 94% |
| June 2026 | $8.5M | 30-59 days delinquent | No | n/a | n/a |
| May 2026 | $8.5M | 30-59 days delinquent | No | n/a | n/a |
| April 2026 | $8.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| March 2026 | $8.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| February 2026 | $8.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| January 2026 | $8.5M | 30-59 days delinquent | No | n/a | n/a |
| December 2025 | $8.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| November 2025 | $8.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $8.5M | 30-59 days delinquent | 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 |
|---|---|---|---|---|
| Benchmark 2025-V16 Mortgage Trust | 27 | $8,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Utah loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Station Park & Station Park West | Farmington, UT | Mixed use | $118.7M | 3.377% | Dec 2030 | 5.53x | 96% | Current |
| Mountain View Village | Riverton, UT | Retail | $38.7M | 3.377% | Dec 2030 | 6.12x | 100% | Current |
| Hilton Garden Inn Salt Lake City Airport | Salt Lake City, UT | Hotel | $21.6M | 3.69% | Mar 2030 | 2.50x | 82% | Current |
| Newpark Town Center | Park City, UT | Mixed use | $21.4M | 3.17% | Oct 2030 | n/a | n/a | Current |
| Podium Lehi | Lehi, UT | Office | $20.0M | 7.665% | Mar 2030 | 2.01x | 100% | Current |
| Salt Flats Apartments | Salt Lake City, UT | Multifamily | $12.6M | 4.24% | Feb 2030 | n/a | n/a | Late, less than 30 days |
| Martin Door Industrial | South Salt Lake, UT | Industrial | $10.7M | 4.92% | Aug 2030 | 1.61x | 100% | Current |
| Comfort Suites - Moab, Ut | Moab, UT | Hotel | $8.5M | 4.18% | Jan 2030 | 1.65x | 69% | 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.