Multifamily · Fort Pierce, Florida
Weatherbee Townhomes
Weatherbee Townhomes is financed with a $4.5M CMBS loan at 6.24% that reaches maturity on July 6, 2031, in 4 years and 8 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $4,500,000
- Original balance (same notes)
- $4,500,000
- Interest rate
- 6.24% fixed
- Originated
- June 23, 2026
- Maturity
- July 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2031
- Originator
- BSPRT CMBS Finance, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 699 West Weatherbee Road, Fort Pierce, FL 34982
- Units, rooms or beds
- 77
- Built
- 2005
- Value at securitization
- $14.4M (Apr 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.23x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $919K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2026-5C43 filing for the reporting period ending October 13, 2026, filed with the SEC October 6, 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.
The last 1 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $4.5M | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2026-5C43 | 41 | $4,500,000 | Oct 2026 | SEC filing, October 6, 2026 |
Other Florida loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Martin Downs | Palm City, FL | Retail | $13.7M | 4.42% | Jun 2031 | n/a | n/a | Current |
| Sanctuary at Winterlakes | Port St. Lucie, FL | Multifamily | $10.0M | 6.46% | Oct 2031 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.