Multifamily · Charlotte, North Carolina
Walden Court Apartments
Walden Court Apartments is financed with a $4.0M CMBS loan at 3.75% that reaches maturity on July 1, 2030, in 3 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
- $4,047,466
- Original balance (same notes)
- $4,300,000
- Interest rate
- 3.75% fixed
- Originated
- June 30, 2020
- Maturity
- July 1, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- February 28, 2030
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 9115 Olmsted Drive, Charlotte, NC 28262
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Units, rooms or beds
- 144
- Built
- 1985, renovated 2011
- Value at securitization
- $17.2M (May 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.68x | 4.68x |
| Occupancy | 96% | 91% |
| Net operating income (annualized from 6 months) | $878K | $1.1M |
| 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 Morgan Stanley Capital I Trust 2020-HR8 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 fallen from 96% when the loan was securitized to 91%.
- Net operating income is 28% above the underwritten figure ($1.1M a year against $878K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.68x at securitization to 4.68x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.0M | Current | No | 4.68x | 91% |
| August 2026 | $4.1M | Current | No | 4.68x | 91% |
| July 2026 | $4.1M | Current | No | 4.85x | 92% |
| June 2026 | $4.1M | Current | No | 4.85x | 92% |
| May 2026 | $4.1M | Current | No | 4.85x | 92% |
| April 2026 | $4.1M | Current | No | 4.84x | 96% |
| March 2026 | $4.1M | Current | No | 4.84x | 96% |
| February 2026 | $4.1M | Current | No | 4.84x | 96% |
| January 2026 | $4.1M | Current | No | 4.79x | 97% |
| December 2025 | $4.1M | Current | No | 4.79x | 97% |
| November 2025 | $4.1M | Current | No | 4.79x | 97% |
| October 2025 | $4.1M | Current | No | 5.16x | 94% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-HR8 | 33 | $4,047,466 | Sep 2026 | SEC filing, October 2, 2026 |
Other Charlotte-Concord-Gastonia loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Arboretum | Charlotte, NC | Retail | $87.6M | 3.358% | Oct 2030 | 2.23x | 99% | Current |
| Springhill Suites - Charlotte Uptown | Charlotte, NC | Hotel | $29.5M | 3.455% | Jan 2030 | 3.85x | 69% | Current |
| Embassy Suites - Charlotte | Charlotte, NC | Hotel | $25.5M | 3.455% | Jan 2030 | 3.16x | 58% | Current |
| 100 Ceramic Tile Drive | Morganton, NC | Industrial | $20.0M | 6.84% | Jan 2030 | n/a | n/a | Current |
| 996 Paragon Way | Rock Hill, SC | Industrial | $19.9M | 5.376% | Jul 2030 | n/a | n/a | Current |
| Springhill Suites - Ballantyne | Charlotte, NC | Hotel | $17.0M | 3.425% | Jan 2030 | 2.66x | 53% | Current |
| The Market on Cherry Road | Rock Hill, SC | Retail | $11.7M | 6.68% | Sep 2030 | 1.92x | 100% | Current |
| Atlantic Storage | Charlotte, NC | Self storage | $8.5M | 3.42% | Feb 2030 | 5.15x | 95% | Current |
All loans maturing in 2030 · 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.