Self storage · Edmond, Oklahoma
Us Storage Centers - Ok
Us Storage Centers - Ok is financed with a $5.8M CMBS loan at 3.57% that reaches maturity on November 11, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,800,000
- Original balance (same notes)
- $5,800,000
- Interest rate
- 3.57% fixed
- Originated
- October 23, 2019
- Maturity
- November 11, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 10, 2029
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 14000 North I-35 Service Road, Edmond, OK 73013
- Metro
- Oklahoma City, OK
- Rentable area
- 136,718 sq ft
- Units, rooms or beds
- 617
- Built
- 2014
- Value at securitization
- $9.5M (Sep 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.97x | 3.85x |
| Occupancy | 95% | 99% |
| Net operating income | $625K | $808K |
| Debt yield | 13.9% |
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 2019-BNK24 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.
What the filing shows
- Occupancy has risen from 95% when the loan was securitized to 99%.
- Net operating income is 29% above the underwritten figure ($808K a year against $625K).
- Debt service coverage moved from 2.97x at securitization to 3.85x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.8M | Current | No | 3.85x | 99% |
| August 2026 | $5.8M | Current | No | 3.85x | 99% |
| July 2026 | $5.8M | Current | No | 3.85x | 99% |
| June 2026 | $5.8M | Current | No | 3.85x | 99% |
| May 2026 | $5.8M | Current | No | 3.85x | 99% |
| April 2026 | $5.8M | Current | No | 3.85x | 99% |
| March 2026 | $5.8M | Current | No | 4.66x | 95% |
| February 2026 | $5.8M | Current | No | 4.66x | 95% |
| January 2026 | $5.8M | Current | No | 4.66x | 95% |
| December 2025 | $5.8M | Current | No | 4.66x | 95% |
| November 2025 | $5.8M | Current | No | 4.66x | 95% |
| October 2025 | $5.8M | Current | No | 4.66x | 95% |
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 2019-BNK24 | 34 | $5,800,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Oklahoma City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Landing Apartments | Oklahoma City, OK | Multifamily | $23.1M | 5.19% | Feb 2029 | 1.37x | 99% | Current |
| Williamsburg and Western Oaks Apartments | Bethany, OK | Multifamily | $17.4M | 7.33% | Feb 2029 | n/a | n/a | Current |
| Market Plaza | Oklahoma City, OK | Retail | $12.3M | 7.015% | Dec 2029 | 2.03x | 99% | Current |
| Home2 Suites OKC | Oklahoma City, OK | Hotel | $7.7M | 4.60% | Dec 2029 | n/a | n/a | Current |
| Hampton Inn & Suites Oklahoma City | Oklahoma City, OK | Hotel | $7.5M | 4.67% | Nov 2029 | n/a | n/a | Current |
| Hampton Inn El Reno | El Reno, OK | Hotel | $7.3M | 4.90% | Jul 2029 | 0.47x | 79% | With the special servicer and 90+ days delinquent |
| Holiday Inn Express & Suites El Reno | El Reno, OK | Hotel | $7.1M | 4.90% | Jul 2029 | 0.45x | 57% | With the special servicer and 90+ days delinquent |
| Woodside Village Apartments | Midwest City, OK | Multifamily | $7.1M | 3.91% | Dec 2029 | 2.68x | 98% | 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.