Mixed use · Brooklyn, New York
The Mc
Public CMBS trusts hold $90.0M of the loan on The Mc at 6.12% that reaches maturity on November 1, 2030, in 4 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $90,000,000
- Original balance (same notes)
- $90,000,000
- Interest rate
- 6.12% fixed
- Originated
- October 7, 2025
- Maturity
- November 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 31, 2027
- Prepayment premium ends
- May 31, 2030 (yield maintenance)
- Master servicer
- KeyBank
- Originator
- KeyBank
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1100 & 1102 Myrtle Avenue and 371 Vernon Avenue, Brooklyn, NY 11206
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 233
- Built
- 2023
- Largest tenants
- FOOD BAZAAR
- Value at securitization
- $168.9M (Aug 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.32x | n/a |
| Occupancy | 94% | n/a |
| Net operating income | $7.4M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2026-5C40 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.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $90.0M | Current | No | n/a | n/a |
| August 2026 | $90.0M | Current | No | n/a | n/a |
| July 2026 | $90.0M | Current | No | n/a | n/a |
| June 2026 | $90.0M | Current | No | n/a | n/a |
| May 2026 | $90.0M | Current | No | n/a | n/a |
| April 2026 | $90.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| March 2026 | $90.0M | Current | No | n/a | n/a |
| February 2026 | $90.0M | Current | No | n/a | n/a |
| January 2026 | $71.0M | Current | No | n/a | n/a |
| December 2025 | $71.0M | Current | No | n/a | n/a |
| November 2025 | $71.0M | Current | No | 0.53x | 94% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Morgan Stanley Bank of America Merrill Lynch Trust 2025-5C2 | 1 | $71,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BBCMS Mortgage Trust 2026-5C40 | 18 | $19,000,000 | 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.