Multifamily · Lubbock, Texas
The Dylan
The Dylan is financed with a $4.4M CMBS loan at 7.551% that reaches maturity on January 6, 2029, in 2 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,440,000
- Original balance (same notes)
- $4,440,000
- Interest rate
- 7.551% fixed
- Originated
- December 13, 2023
- Maturity
- January 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4501 Brownfield Drive, Lubbock, TX 79410
- Metro
- Lubbock, TX
- Units, rooms or beds
- 122
- Built
- 1972, renovated 2022
- Value at securitization
- $7.1M (Aug 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.42x | n/a |
| Occupancy | 91% | n/a |
| Net operating income | $482K | n/a |
Watch flags
Computed from the Benchmark 2024-V5 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 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 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.4M | Current | No | n/a | n/a |
| August 2026 | $4.4M | Current | No | n/a | n/a |
| July 2026 | $4.4M | Current | No | n/a | n/a |
| June 2026 | $4.4M | Current | No | n/a | n/a |
| May 2026 | $4.4M | Current | No | n/a | n/a |
| April 2026 | $4.4M | Payment not received but still in grace period or not yet due | No | 0.55x | 70% |
| March 2026 | $4.4M | Current | No | 0.51x | 84% |
| February 2026 | $4.4M | Current | No | 0.51x | 84% |
| January 2026 | $4.4M | Payment not received but still in grace period or not yet due | No | 0.51x | 84% |
| December 2025 | $4.4M | Current | No | 0.76x | 84% |
| November 2025 | $4.4M | Current | No | 0.76x | 84% |
| October 2025 | $4.4M | 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 |
|---|---|---|---|---|
| Benchmark 2024-V5 Mortgage Trust | 32 | $4,440,000 | Sep 2026 | SEC filing, September 25, 2026 |
Other Lubbock loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hgi Lubbock | Lubbock, TX | Hotel | $12.6M | 4.93% | Mar 2029 | n/a | n/a | Current |
| Rockridge Plaza | Lubbock, TX | Retail | $9.8M | 4.90% | May 2029 | 1.29x | 69% | Current |
| Fairfield Inn & Suites Lubbock | Lubbock, TX | Hotel | $8.3M | 4.93% | Apr 2029 | n/a | n/a | With the special servicer |
| Alamo Drafthouse Cinema Lubbock | Lubbock, TX | Retail | $5.0M | 4.55% | Mar 2029 | 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 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.