Retail · Schaumburg, Illinois
Woodfield Mall
Public CMBS trusts hold $254.0M of the loan on Woodfield Mall at 6.335% that reaches maturity on December 1, 2033, in 7 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $254,000,000
- Original balance (same notes)
- $254,000,000
- Interest rate
- 6.335% fixed
- Originated
- November 22, 2023
- Maturity
- December 1, 2033
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 30, 2033
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5 Woodfield Mall, Schaumburg, IL 60173
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 1,068,941 sq ft
- Built
- 1971, renovated 2018
- Largest tenants
- Sears; Macy's; J.C. Penney OpCo
- Value at securitization
- $694.0M (Oct 2023)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.48x | 2.47x |
| Occupancy | 96% | 94% |
| Net operating income | $42.1M | $40.3M |
| Debt yield | 15.9% |
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 BBCMS Mortgage Trust 2024-C26 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $254.0M | Current | No | 2.47x | 94% |
| August 2026 | $254.0M | Current | No | 2.47x | 94% |
| July 2026 | $254.0M | Late payment but less than 30 days delinquent | No | 2.47x | 94% |
| June 2026 | $254.0M | Current | No | 2.52x | 88% |
| May 2026 | $174.5M | Current | No | 1.98x | 81% |
| April 2026 | $254.0M | Current | No | 2.52x | 95% |
| March 2026 | $254.0M | Current | No | 2.44x | 88% |
| February 2026 | $254.0M | Current | No | 2.44x | 88% |
| January 2026 | $254.0M | Current | No | 2.44x | 88% |
| December 2025 | $254.0M | Current | No | 2.44x | 88% |
| November 2025 | $254.0M | Current | No | 2.39x | 87% |
| October 2025 | $254.0M | Current | No | 2.39x | 87% |
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 12 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2023-C7 Mortgage Trust | 1 | $68,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BANK 2024-BNK47 | 3 | $40,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 1-A-2-2 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 1-A-1-1 | $20,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C26 | 10 | $20,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BANK 2024-BNK47 | 3A | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2024-BNK47 | 3B | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 1-A-2-4 | $12,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C24 | 1-A-1-3 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BMO 2024-C8 Mortgage Trust | 11 | $10,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BANK 2024-BNK47 | 3C | $9,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2024-C26 | 10A | $9,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Chicago-Naperville-Elgin loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Axis Apartments, Chicago | Chicago, IL | Multifamily | $136.0M | 6.88% | Dec 2033 | 1.04x | 92% | Current |
| 100 & 150 South Wacker Drive | Chicago, IL | Office | $100.0M | 6.089% | Feb 2033 | 2.30x | 60% | Current |
| 645 North Michigan Ave | Chicago, IL | Mixed use | $53.7M | 7.62% | Dec 2033 | 1.34x | 90% | Current |
| Village Square, Lake Zurich | Lake Zurich, IL | Retail | $52.5M | 7.07% | May 2033 | n/a | n/a | Current |
| Hyatt Regency Schaumburg | Schaumburg, IL | Hotel | $24.0M | 8.55% | Nov 2033 | n/a | n/a | Current |
| River Forest Medical Offices | River Forest, IL | Office | $22.0M | 8.65% | Oct 2033 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Goldcoast Logistics | Elgin, IL | Industrial | $12.0M | 6.99% | Oct 2033 | n/a | n/a | With the special servicer and 30-59 days delinquent |
| 8052 South Laflin Street | Chicago, IL | Multifamily | $6.6M | 6.556% | Mar 2033 | n/a | n/a | With the special servicer and 90+ days delinquent |
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.