Retail · Wisconsin Rapids, Wisconsin
Wisconsin Rapids Retail
Wisconsin Rapids Retail is financed with a $3.3M CMBS loan at 6.02% that reaches maturity on September 1, 2035, in 8 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,300,000
- Original balance (same notes)
- $3,300,000
- Interest rate
- 6.02% fixed
- Originated
- August 15, 2025
- Maturity
- September 1, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 31, 2027
- Prepayment premium ends
- February 28, 2035 (yield maintenance)
- Master servicer
- Midland
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1100, 1120 and 1140 East Riverview Expressway, Wisconsin Rapids, WI 54494
- Rentable area
- 102,383 sq ft
- Built
- 1969, renovated 2022
- Largest tenants
- Marshall's; PetsMart; Harbor Freight
- Value at securitization
- $11.8M (Jun 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 4.16x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $839K | n/a |
Watch flags
Computed from the BANK 2025-BNK51 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
- The filing gives Apr 2034 as the lease end date for the largest tenant (Marshall's), before the loan matures. Lenders look hard at that rollover.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.3M | Current | No | n/a | n/a |
| August 2026 | $3.3M | Current | No | n/a | n/a |
| July 2026 | $3.3M | Current | No | n/a | n/a |
| June 2026 | $3.3M | Current | No | n/a | n/a |
| May 2026 | $3.3M | Current | No | n/a | n/a |
| April 2026 | $3.3M | Current | No | n/a | n/a |
| March 2026 | $3.3M | Current | No | n/a | n/a |
| February 2026 | $3.3M | Current | No | n/a | n/a |
| January 2026 | $3.3M | Current | No | n/a | n/a |
| December 2025 | $3.3M | Current | No | 3.05x | 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 |
|---|---|---|---|---|
| BANK 2025-BNK51 | 52 | $3,300,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Wisconsin loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mariner's Pointe | Milwaukee, WI | Multifamily | $18.3M | 6.385% | Oct 2035 | n/a | n/a | Current |
| Wells Street Portfolio | Milwaukee, WI | Multifamily | $15.3M | 6.787% | Jan 2035 | n/a | n/a | Current |
| Juneau Ave Portfolio | Milwaukee, WI | Multifamily | $13.3M | 6.31% | Dec 2035 | n/a | n/a | Current |
| Hampton & Fond du Lac | Milwaukee, WI | Multifamily | $11.0M | 7.044% | Feb 2035 | 1.39x | 100% | Current |
| Tripoli Park | Milwaukee, WI | Multifamily | $10.6M | 7.275% | May 2035 | 1.38x | 100% | Current |
| Roosevelt & Capitol | Milwaukee, WI | Multifamily | $10.2M | 7.037% | Jul 2035 | 1.17x | 100% | Current |
| 86th Street Townhomes - Crossed | Milwaukee, WI | Multifamily | $9.3M | 7.24% | Feb 2035 | 1.39x | 100% | Current |
| Chambers & Villard | Milwaukee, WI | Multifamily | $9.0M | 7.023% | Feb 2035 | 1.38x | 100% | 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.