Self storage · Waynesboro, Pennsylvania
Waynesboro Self-Storage
Waynesboro Self-Storage is financed with a $2.5M CMBS loan at 7.22% that reaches maturity on December 1, 2034, in 8 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $2,497,500
- Original balance (same notes)
- $2,497,500
- Interest rate
- 7.22% fixed
- Originated
- November 19, 2024
- Maturity
- December 1, 2034
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 30, 2034
- Master servicer
- KeyBank
- Originator
- KeyBank National Association
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 11981 Broad Street, Waynesboro, PA 17268
- Rentable area
- 37,655 sq ft
- Built
- 1994
- Value at securitization
- $3.7M (Sep 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 1.26x |
| Occupancy | 96% | 100% |
| Net operating income | $258K | $231K |
| Debt yield | 9.3% |
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 BBCMS Mortgage Trust 2025-C32 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 96% when the loan was securitized to 100%.
- Net operating income is 10% below the underwritten figure ($231K a year against $258K).
- Debt service coverage moved from 1.41x at securitization to 1.26x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.5M | Late payment but less than 30 days delinquent | No | 1.26x | 100% |
| August 2026 | $2.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| July 2026 | $2.5M | Current | No | n/a | n/a |
| June 2026 | $2.5M | Current | No | n/a | n/a |
| May 2026 | $2.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $2.5M | Current | No | 1.23x | n/a |
| March 2026 | $2.5M | Current | No | 1.23x | n/a |
| February 2026 | $2.5M | Current | No | 1.11x | 100% |
| January 2026 | $2.5M | Current | No | 1.11x | 100% |
| December 2025 | $2.5M | Current | No | 1.11x | 100% |
| November 2025 | $2.5M | Current | No | 1.32x | 100% |
| October 2025 | $2.5M | Current | No | 1.32x | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-C32 | 49 | $2,497,500 | Sep 2026 | SEC filing, September 29, 2026 |
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.