Multifamily · Central Valley, New York
Woodbury Gardens
Woodbury Gardens is financed with a $7.4M CMBS loan at 7.16% that reaches maturity on July 6, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,400,000
- Original balance (same notes)
- $7,400,000
- Interest rate
- 7.16% fixed
- Originated
- June 10, 2024
- Maturity
- July 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 205 Charlotte Court, Central Valley, NY 10917
- Metro
- Kiryas Joel-Poughkeepsie-Newburgh, NY
- Units, rooms or beds
- 87
- Built
- 1973
- Value at securitization
- $12.2M (Apr 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.50x |
| Occupancy | 100% | 97% |
| Net operating income (annualized from 3 months) | $770K | $806K |
| Debt yield | 10.9% |
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 Benchmark 2024-V8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 fallen from 100% when the loan was securitized to 97%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.4M | Current | No | 1.50x | 97% |
| August 2026 | $7.4M | Current | No | 1.50x | 97% |
| July 2026 | $7.4M | Current | No | 1.50x | 97% |
| June 2026 | $7.4M | Current | No | 1.50x | 97% |
| May 2026 | $7.4M | Current | No | 1.69x | 99% |
| April 2026 | $7.4M | Current | No | 1.69x | 99% |
| March 2026 | $7.4M | Current | No | 1.69x | 99% |
| February 2026 | $7.4M | Current | No | 1.69x | 99% |
| January 2026 | $7.4M | Current | No | 1.69x | 99% |
| December 2025 | $7.4M | Current | No | 1.69x | 99% |
| November 2025 | $7.4M | Current | No | 1.66x | 99% |
| October 2025 | $7.4M | Current | No | 1.62x | 99% |
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 |
|---|---|---|---|---|
| Benchmark 2024-V8 Mortgage Trust | 31 | $7,400,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Kiryas Joel-Poughkeepsie-Newburgh loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Prime Storage - Hudson Valley Portfolio | New Windsor, NY | Self storage | $137.5M | 6.23% | Mar 2029 | n/a | n/a | Current |
| Cvs Pleasant Valley | Pleasant Valley, NY | Retail | $2.0M | 3.90% | Sep 2029 | 2.97x | 100% | Current |
All loans maturing in 2029 · All Kiryas Joel-Poughkeepsie-Newburgh 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.