Multifamily portfolio, 6 properties · Orange, New Jersey
The Hermitage
This portfolio is financed with a $23.2M CMBS loan at 6.53% 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
- $23,200,000
- Original balance (same notes)
- $23,200,000
- Interest rate
- 6.53% fixed
- Originated
- November 7, 2025
- Maturity
- December 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2030
- Master servicer
- Midland
- Originator
- CREFI
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 400 Highland Terrace aka 406 & 416 Highland Terrace, Orange, NJ 07050
- Metro
- New York-Newark-Jersey City, NY-NJ
- Value at securitization
- $34.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $2.1M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2025-5C7 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| The Hermitage | Orange, NJ | Multifamily | n/a | n/a |
| The Eagle | East Orange, NJ | Multifamily | n/a | n/a |
| Herbst Multifamily Portfolio #2 | East Orange, NJ | Multifamily | n/a | n/a |
| The Eminence | East Orange, NJ | Multifamily | n/a | n/a |
| The Grove | East Orange, NJ | Multifamily | n/a | n/a |
| The Oaks | East Orange, NJ | Multifamily | n/a | n/a |
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $23.2M | Current | No | n/a | n/a |
| August 2026 | $23.2M | 30-59 days delinquent | No | n/a | n/a |
| July 2026 | $23.2M | Current | No | n/a | n/a |
| June 2026 | $23.2M | Current | No | n/a | n/a |
| May 2026 | $23.2M | Current | No | n/a | n/a |
| April 2026 | $23.2M | Current | No | n/a | n/a |
| March 2026 | $23.2M | Current | No | n/a | n/a |
| February 2026 | $23.2M | Current | No | n/a | n/a |
| January 2026 | $23.2M | Current | No | n/a | n/a |
| December 2025 | $23.2M | Current | No | 1.40x | 98% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2025-5C7 | 11 | $23,200,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other New York-Newark-Jersey City loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 711 Fifth Avenue | New York, NY | Mixed use | $545.0M | 3.16% | Mar 2030 | 2.71x | 66% | Current |
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Grace Building | New York, NY | Office | $450.0M | 2.692% | Dec 2030 | n/a | n/a | Current |
| 545 Washington Boulevard | Jersey City, NJ | Office | $251.6M | 3.405% | Feb 2030 | 2.00x | 91% | Current |
| 605 Third Avenue | New York, NY | Office | $231.0M | 1.938% | Dec 2030 | 4.66x | 83% | Current |
| The Spiral | New York, NY | Office | $200.0M | 5.50% | Jan 2030 | n/a | n/a | Current |
| 250 West 57th Street | New York, NY | Office | $180.0M | 2.829% | Dec 2030 | 4.41x | 85% | Current |
| Mall at Bay Plaza | The Bronx, NY | Retail | $170.0M | 6.715% | Nov 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All New York-Newark-Jersey City 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.