Retail · Reno, Nevada
Village at Double Diamond
Village at Double Diamond is financed with a $10.8M CMBS loan at 3.355% that reaches maturity on November 6, 2031, in 5 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,750,000
- Original balance (same notes)
- $10,750,000
- Interest rate
- 3.355% fixed
- Originated
- October 8, 2021
- Maturity
- November 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 720, 736, 748, 770 South Meadows Parkway, Reno, NV 89521
- Metro
- Reno, NV
- Rentable area
- 57,983 sq ft
- Built
- 2004
- Largest tenants
- South Meadows Ace Hardware, LLC; NSB South Meadows Parkway, LLC; Diverse Beauty Industries, Inc. dba M(
- Value at securitization
- $19.8M (Aug 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.68x | 4.07x |
| Occupancy | 90% | 100% |
| Net operating income (annualized from 6 months) | $1.3M | $3.0M |
| Debt yield | 27.9% |
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 Benchmark 2021-B30 Mortgage Trust 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
- Occupancy has risen from 90% when the loan was securitized to 100%.
- Net operating income is 123% above the underwritten figure ($3.0M a year against $1.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.68x at securitization to 4.07x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.8M | Current | No | 4.07x | 100% |
| August 2026 | $10.8M | Current | No | n/a | n/a |
| July 2026 | $10.8M | Current | No | n/a | n/a |
| June 2026 | $10.8M | Current | No | n/a | n/a |
| May 2026 | $10.8M | Current | No | n/a | n/a |
| April 2026 | $10.8M | Current | No | 3.91x | 96% |
| March 2026 | $10.8M | Current | No | 3.91x | 96% |
| February 2026 | $10.8M | Current | No | 3.91x | 96% |
| January 2026 | $10.8M | Current | No | 3.91x | 96% |
| December 2025 | $10.8M | Current | No | n/a | n/a |
| November 2025 | $10.8M | Current | No | n/a | n/a |
| October 2025 | $10.8M | 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 |
|---|---|---|---|---|
| Benchmark 2021-B30 Mortgage Trust | 25 | $10,750,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Reno loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 9295 & 9315 Prototype Drive | Reno, NV | Industrial | $177.5M | 6.242% | Jun 2031 | n/a | n/a | Current |
| Sparks Crossing | Sparks, NV | Retail | $49.1M | 6.05% | Jan 2031 | n/a | n/a | Current |
| 200 South Virginia Street | Reno, NV | Office | $15.9M | 3.617% | Jul 2031 | 3.60x | 84% | Current |
| South Creek Shopping Center | Reno, NV | Retail | $15.0M | 6.50% | Jan 2031 | n/a | n/a | Current |
| Vista Park Self Storage | Sparks, NV | Self storage | $9.8M | 3.472% | Jun 2031 | 3.36x | 87% | Current |
| Kleppe Greg Business Park | Sparks, NV | Industrial | $7.0M | 3.30% | Jan 2031 | n/a | n/a | Current |
| The Deluxe Apartments | Reno, NV | Multifamily | $3.6M | 3.89% | Dec 2031 | 2.01x | 88% | 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.