Multifamily · Columbus, Georgia
The Hill
The Hill is financed with a $4.1M CMBS loan at 8.245% 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 with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $4,100,000
- Original balance (same notes)
- $4,100,000
- Interest rate
- 8.245% fixed
- Originated
- January 3, 2024
- Maturity
- January 6, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- November 5, 2028
- Master servicer
- Berkadia
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred March 2, 2026
- Workout strategy
- REO
- Modified
- Yes, most recently June 1, 2026
- Defeasance
- None reported
The property
- Address
- 3528 Gentian Boulevard, Columbus, GA 31907
- Units, rooms or beds
- 258
- Built
- 1975, renovated 2002
- Value at securitization
- $8.4M (Dec 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.43x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $529K | n/a |
Watch flags
Computed from the BMO 2024-5C4 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to 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.
What the filing shows
- The most recent valuation in the filing is $5.9M (March 30, 2026), against $8.4M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.1M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $4.1M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $4.1M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $4.1M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $4.1M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $4.1M | 90+ days delinquent | Yes | n/a | 58% |
| March 2026 | $4.1M | 60-89 days delinquent | Yes | n/a | 58% |
| February 2026 | $4.1M | 30-59 days delinquent | No | n/a | 58% |
| January 2026 | $4.1M | 30-59 days delinquent | No | n/a | 58% |
| December 2025 | $4.1M | Late payment but less than 30 days delinquent | No | 0.31x | 71% |
| November 2025 | $4.1M | 30-59 days delinquent | No | 0.31x | 71% |
| October 2025 | $4.1M | Late payment but less than 30 days delinquent | No | 0.31x | 71% |
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.
Special-servicing history
- Transferred to the special servicer March 2, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-5C4 Mortgage Trust | 38 | $4,100,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Georgia loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Horn Southeast Multifamily Portfolio - Garrett Woods Apts. | Phenix City, AL | Multifamily | $18.4M | 6.74% | Jan 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
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.