Retail · Austin, Texas
Twin Fountains Plaza
Twin Fountains Plaza is financed with a $7.8M CMBS loan at 4.12% that reaches maturity on January 1, 2030, in 3 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
- $7,767,500
- Original balance (same notes)
- $7,767,500
- Interest rate
- 4.12% fixed
- Originated
- December 23, 2019
- Maturity
- January 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 31, 2029
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 9717 North Lamar Boulevard, Austin, TX 78753
- Metro
- Austin-Round Rock-San Marcos, TX
- Rentable area
- 46,124 sq ft
- Built
- 1984
- Largest tenants
- Family Dollar; La Hacienda; MI PUEBLITO
- Value at securitization
- $12.0M (Nov 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.37x | 3.36x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $771K | $1.1M |
| Debt yield | 14.1% |
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 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
What the filing shows
- Net operating income is 42% above the underwritten figure ($1.1M a year against $771K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.37x at securitization to 3.36x on the latest statements.
- The filing gives Dec 2028 as the lease end date for the largest tenant (Family Dollar), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.8M | Current | No | 3.36x | 100% |
| August 2026 | $7.8M | Current | No | 3.36x | 100% |
| July 2026 | $7.8M | Current | No | 3.51x | 100% |
| June 2026 | $7.8M | Current | No | 3.14x | 100% |
| May 2026 | $7.8M | Current | No | 3.14x | 100% |
| April 2026 | $7.8M | Current | No | 3.14x | 100% |
| March 2026 | $7.8M | Current | No | 3.14x | 100% |
| February 2026 | $2.6M | Current | No | n/a | n/a |
| January 2026 | $7.8M | Current | No | 2.88x | 100% |
| December 2025 | $7.8M | Current | No | 2.88x | 100% |
| November 2025 | $7.8M | Current | No | 2.83x | 100% |
| October 2025 | $7.8M | Current | No | 2.83x | 100% |
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 2020-BNK26 | 40 | $7,767,500 | Sep 2026 | SEC filing, October 1, 2026 |
Other Austin-Round Rock-San Marcos loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| MetCreative Buildings C & D | Austin, TX | Industrial | $40.0M | 5.136% | Feb 2030 | 2.02x | 100% | Current |
| Met Center 15 | Austin, TX | Office | $28.3M | 3.612% | Mar 2030 | 0.88x | 69% | Current |
| Lone Star Court | Austin, TX | Hotel | $20.0M | 3.49% | Feb 2030 | n/a | n/a | Current |
| Sonterra Townhomes & Apartments | Jarrell, TX | Multifamily | $16.2M | 3.909% | Feb 2030 | 1.55x | 77% | Current |
| Summit Park a | Austin, TX | Industrial | $5.4M | 3.699% | Jan 2030 | 3.97x | 94% | Current |
All loans maturing in 2030 · All Austin-Round Rock-San Marcos 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.