Multifamily portfolio, 2 properties · Dallas, Texas
The Muse
Public CMBS trusts hold $81.6M of the loan on this portfolio at 7.364% that reaches maturity on October 6, 2033, in 6 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $81,610,000
- Original balance (same notes)
- $81,610,000
- Interest rate
- 7.364% fixed
- Originated
- October 4, 2023
- Maturity
- October 6, 2033
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2033
- Originator
- Argentic Real Estate Finance 2 LLC, Barclays Capital Real Estate Inc.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred September 26, 2025
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 3035 West Pentagon Parkway, Dallas, TX 75233
- Metro
- Dallas-Fort Worth-Arlington, TX
- Value at securitization
- $127.4M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $7.9M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2024-C24 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| The Muse | Dallas, TX | Multifamily | n/a | n/a |
| Eden Pointe | Houston, TX | Multifamily | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $81.6M | Late payment but less than 30 days delinquent | Yes | 1.47x | 86% |
| August 2026 | $81.6M | Late payment but less than 30 days delinquent | Yes | 1.47x | 86% |
| July 2026 | $78.1M | Late payment but less than 30 days delinquent | Yes | 3.72x | 99% |
| June 2026 | $81.6M | Late payment but less than 30 days delinquent | Yes | 1.47x | 86% |
| May 2026 | $81.6M | Late payment but less than 30 days delinquent | Yes | 1.47x | 86% |
| April 2026 | $81.6M | Late payment but less than 30 days delinquent | Yes | 1.55x | 86% |
| March 2026 | $81.6M | 60-89 days delinquent | Yes | 1.55x | 91% |
| February 2026 | $81.6M | 60-89 days delinquent | Yes | 1.55x | 86% |
| January 2026 | $81.6M | 60-89 days delinquent | Yes | 1.47x | 86% |
| December 2025 | $81.6M | 30-59 days delinquent | Yes | 1.32x | 91% |
| November 2025 | $81.6M | 30-59 days delinquent | Yes | 1.47x | 86% |
| October 2025 | $81.6M | 30-59 days delinquent | Yes | 1.47x | 86% |
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 September 26, 2025, 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2023-C22 | 2 | $66,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 17-A-1-3 | $15,610,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cityview Centre | Fort Worth, TX | Retail | $40.0M | 6.00% | Mar 2033 | 1.80x | 94% | Current |
| 303 W Hurst Blvd | Hurst, TX | Industrial | $26.5M | 7.27% | May 2033 | 1.58x | 100% | Current |
| Rockwall Market Center | Rockwall, TX | Retail | $22.1M | 7.196% | Sep 2033 | 1.86x | 98% | Current |
| Courtyard Marriott DFW Airport | Irving, TX | Hotel | $14.6M | 7.125% | Aug 2033 | 1.66x | 69% | Current |
| Seven Points Storage | Kemp, TX | Self storage | $4.0M | 6.99% | Jul 2033 | 1.17x | 90% | Current |
| Graves & Dalworth Business Park | TX | Industrial | $3.3M | 7.633% | Nov 2033 | 1.77x | 94% | Current |
| Broad Street Commons | Mansfield, TX | Retail | $2.8M | 6.992% | Aug 2033 | 2.10x | 89% | 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.