Office · Houston, Texas
West Memorial Place
Public CMBS trusts hold $106.0M of the loan on West Memorial Place at 7.035% that reaches maturity on May 1, 2031, in 4 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
- $106,000,000
- Original balance (same notes)
- $106,000,000
- Interest rate
- 7.035% fixed
- Originated
- April 9, 2026
- Maturity
- May 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 30, 2028
- Prepayment premium ends
- November 30, 2030 (yield maintenance)
- Master servicer
- Trimont
- Originator
- JPMCB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 15375 And 15377 Memorial Drive, Houston, TX 77079
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 715,935 sq ft
- Built
- 2015, renovated 2024
- Largest tenants
- Technip; MODEC; BP America
- Value at securitization
- $188.0M (Mar 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.48x | n/a |
| Occupancy | 79% | n/a |
| Net operating income | $11.2M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2026-5C10 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.
The last 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $106.0M | Current | No | n/a | n/a |
| August 2026 | $106.0M | Current | No | n/a | n/a |
| July 2026 | $106.0M | Current | No | 1.48x | 79% |
| June 2026 | $75.0M | Current | No | 1.48x | 79% |
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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 2026-5YR22 | 3 | $65,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK5 2026-5YR23 | 19 | $31,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| Wells Fargo Commercial Mortgage Trust 2026-5C10 | 16 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1201 Lake Robbins | The Woodlands, TX | Office | $250.0M | 3.827% | Oct 2031 | 2.84x | 100% | Current |
| 1500 Post Oak Boulevard | Houston, TX | Office | $140.0M | 6.747% | Mar 2031 | n/a | n/a | Current |
| 2700 Post Property | Houston, TX | Office | $81.5M | 4.46% | Mar 2031 | n/a | n/a | Current |
| HP Plaza | Spring, TX | Office | $79.0M | 7.01% | Jun 2031 | n/a | n/a | Current |
| Waterway Plaza I | The Woodlands, TX | Office | $66.0M | 3.269% | Feb 2031 | 3.74x | 100% | Current |
| Fountains on the Lake | Stafford, TX | Retail | $59.1M | 3.776% | Dec 2031 | 3.70x | 97% | Current |
| Bella Terra | Richmond, TX | Retail | $52.3M | 3.48% | Dec 2031 | 3.12x | 91% | Current |
| 4800-4900 Fournace Place | Bellaire, TX | Office | $50.2M | 3.351% | Apr 2031 | 2.62x | 99% | Current |
All loans maturing in 2031 · All Houston-Pasadena-The Woodlands 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.