Retail · Lynchburg, Virginia
Wards Crossing West
Wards Crossing West is financed with a $19.5M CMBS loan at 4.89% that reaches maturity on May 1, 2032, in 5 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $19,500,000
- Original balance (same notes)
- $19,500,000
- Interest rate
- 4.89% fixed
- Originated
- April 6, 2022
- Maturity
- May 1, 2032
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- December 31, 2031
- Master servicer
- KeyBank National Association
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 120, 225 & 475 Simons Run, Lynchburg, VA 24502
- Metro
- Lynchburg, VA
- Rentable area
- 203,464 sq ft
- Built
- 2006
- Largest tenants
- Kohl's Department Stores, Inc.; Ross Dress for Less, Inc; Burlilngton Coat Factory and Warehouse
- Value at securitization
- $29.9M (Feb 2022)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.77x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $2.2M | n/a |
Watch flags
Computed from the BMO 2022-C2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Largest tenant's lease ends within 12 months
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
- The filing gives Jan 2027 as the lease end date for the largest tenant (Kohl's Department Stores, Inc.), 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 | $19.5M | Current | No | n/a | n/a |
| August 2026 | $19.5M | Current | No | n/a | n/a |
| July 2026 | $19.5M | Current | No | n/a | n/a |
| June 2026 | $19.5M | Current | No | n/a | n/a |
| May 2026 | $19.5M | Current | No | n/a | n/a |
| April 2026 | $19.5M | Late payment but less than 30 days delinquent | No | 2.34x | 97% |
| March 2026 | $19.5M | Current | No | 2.34x | 97% |
| February 2026 | $19.5M | Current | No | 2.22x | 97% |
| January 2026 | $19.5M | Current | No | 2.22x | 97% |
| December 2025 | $19.5M | Current | No | 2.25x | 97% |
| November 2025 | $19.5M | Current | No | 2.25x | 97% |
| October 2025 | $19.5M | Current | No | 2.25x | 97% |
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 |
|---|---|---|---|---|
| BMO 2022-C2 Mortgage Trust | 14 | $19,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Lynchburg loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Diamond Hill Lofts | Lynchburg, VA | Multifamily | $4.0M | 5.82% | Jul 2032 | 1.45x | 93% | 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.