Self storage portfolio, 10 properties · Multiple locations
Titan Self Storage Portfolio
This portfolio is financed with a $7.6M CMBS loan at 6.20% that reaches maturity on July 1, 2032, in 5 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,560,000
- Original balance (same notes)
- $7,560,000
- Interest rate
- 6.20% fixed
- Originated
- June 13, 2022
- Maturity
- July 1, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 31, 2032
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Mortgage Capital Holdings LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 1,689
- Value at securitization
- $12.7M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.70x | 2.05x |
| Occupancy | 95% | 84% |
| Net operating income (annualized from 6 months) | $806K | $979K |
| Debt yield | 13.0% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2022-BNK43 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
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
- Occupancy has fallen from 95% when the loan was securitized to 84%.
- Net operating income is 21% above the underwritten figure ($979K a year against $806K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.70x at securitization to 2.05x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.6M | Current | No | 2.05x | 84% |
| August 2026 | $7.6M | Current | No | 1.99x | 86% |
| July 2026 | $7.6M | Current | No | 1.99x | 86% |
| June 2026 | $7.6M | Current | No | 1.59x | 81% |
| May 2026 | $7.6M | Current | No | 1.59x | 81% |
| April 2026 | $7.6M | Current | No | 1.59x | 81% |
| March 2026 | $7.6M | Current | No | 1.59x | 81% |
| February 2026 | $7.6M | Current | No | 1.52x | 81% |
| January 2026 | $7.6M | Current | No | 1.52x | 81% |
| December 2025 | $7.6M | Current | No | 1.52x | 81% |
| November 2025 | $7.6M | Current | No | 1.52x | 81% |
| October 2025 | $7.6M | Current | No | 1.46x | 79% |
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 |
|---|---|---|---|---|
| BANK 2022-BNK43 | 28 | $7,560,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other self storage loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Crestwood Boulevard | Irondale, AL | Self storage | $117.0M | 3.628% | Jan 2032 | n/a | n/a | Current |
| Tallahassee | Tallahassee, FL | Self storage | $108.6M | 3.049% | Jan 2032 | n/a | n/a | Current |
| West Indian School Road | Phoenix, AZ | Self storage | $86.0M | 3.628% | Jan 2032 | n/a | n/a | Current |
| Your Extra Closet - Oxford | Oxford, MS | Self storage | $43.0M | 5.12% | Sep 2032 | n/a | n/a | Current |
| Airport Road Self Storage | Rio Vista, CA | Self storage | $36.5M | 5.144% | May 2032 | n/a | n/a | Current |
| Anytime Storage #58 | Apache Junction, AZ | Self storage | $34.2M | 5.79% | Oct 2032 | n/a | n/a | Current |
| Keylock Storage Portfolio II | Nampa, ID | Self storage | $32.0M | 5.60% | Aug 2032 | n/a | n/a | Current |
| Budget Store and Lock Self Storage Portfolio | PA | Self storage | $26.0M | 3.717% | Mar 2032 | 1.97x | 74% | 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.