Multifamily · Tallahassee, Florida
The Boulevard at Tallahassee
The Boulevard at Tallahassee is financed with a $37.0M CMBS loan at 5.80% that reaches maturity on December 6, 2030, in 4 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $37,000,000
- Original balance (same notes)
- $37,000,000
- Interest rate
- 5.80% fixed
- Originated
- November 21, 2025
- Maturity
- December 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2026
- Prepayment premium ends
- June 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- MF1 Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2421 Jackson Bluff Road, Tallahassee, FL 32304
- Metro
- Tallahassee, FL
- Units, rooms or beds
- 924
- Built
- 2003
- Value at securitization
- $60.0M (Sep 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.59x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $3.5M | n/a |
Watch flags
Computed from the JPMF1 Multifamily Mortgage Trust 2026-FX1 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $37.0M | Current | No | n/a | n/a |
| August 2026 | $37.0M | Current | No | n/a | n/a |
| July 2026 | $37.0M | Current | No | n/a | n/a |
| June 2026 | $37.0M | Current | No | 1.71x | 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 |
|---|---|---|---|---|
| JPMF1 Multifamily Mortgage Trust 2026-FX1 | 10 | $37,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Tallahassee loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Prospect Row | Tallahassee, FL | Multifamily | $28.5M | 6.40% | Oct 2030 | 1.21x | 99% | Current |
| 830 East Park Avenue | Tallahassee, FL | Multifamily | $4.3M | 6.50% | Nov 2030 | n/a | n/a | 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.