Multifamily · Charlotte, North Carolina
Townes at Southpark
Townes at Southpark is financed with a $15.0M CMBS loan at 5.925% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,000,000
- Original balance (same notes)
- $15,000,000
- Interest rate
- 5.925% fixed
- Originated
- December 11, 2025
- Maturity
- January 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5505 Closeburn Road, Charlotte, NC 28210
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Units, rooms or beds
- 19
- Built
- 2022
- Value at securitization
- $21.3M (Nov 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.22x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.1M | n/a |
Watch flags
Computed from the D2-Natixis Multifamily Mortgage Trust 2026-M1 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 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.0M | Current | No | n/a | n/a |
| August 2026 | $15.0M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| D2-Natixis Multifamily Mortgage Trust 2026-M1 | 16 | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Charlotte-Concord-Gastonia loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Harris Building | Charlotte, NC | Office | $64.0M | 6.367% | Apr 2031 | n/a | n/a | Current |
| Greenrock Estates | Charlotte, NC | Multifamily | $33.0M | 5.92% | Apr 2031 | n/a | n/a | Current |
| The Crossing | Matthews, NC | Mixed use | $12.0M | 6.41% | Jan 2031 | 1.90x | 96% | Current |
| Stadium Lofts Apartments | Kannapolis, NC | Mixed use | $10.5M | 6.30% | Feb 2031 | n/a | n/a | Current |
| Flats at 87Ten | Charlotte, NC | Multifamily | $9.3M | 6.59% | Sep 2031 | n/a | n/a | Current |
| Vista Commons | Charlotte, NC | Multifamily | $9.0M | 3.635% | Nov 2031 | 3.05x | 86% | Current |
| Redbud Commons | Gastonia, NC | Retail | $6.6M | 6.679% | Jan 2031 | n/a | n/a | Current |
| 7-Eleven Charlotte | Charlotte, NC | Retail | $4.5M | 4.635% | May 2031 | 1.74x | 100% | Current |
All loans maturing in 2031 · All Charlotte-Concord-Gastonia 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.