BMO 2025-C12 Mortgage Trust: loan annex
Page built October 19, 2026
Loan detail for BMO 2025-C12 Mortgage Trust.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-13
← BMO 2025-C12 Mortgage Trust · CMBS market
Detail sections for the 32 loans of this deal that do not have a page of their own. Loans with a surveillance history, loans at or above the section's size threshold of $25.0M, and the largest loans in the deal have their own pages, linked from the loan table on the deal page. Every loan in the deal appears either here or on its own page.
Plymouth Meeting Executive Campus
| Property | Plymouth Meeting Executive Campus |
| Address | Plymouth Meeting, PA |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 3.1% |
| Interest rate at origination | 7.80% |
| Current interest rate | 7.80% |
| Origination date | 09-26-2024 |
| Original term | 120 months |
| Amortization term | 328 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2034-10-06 |
| Prepayment lockout end | 04-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $13.0M |
| Operating expenses | $5.8M |
| Net operating income | $7.3M |
| Net cash flow | $6.6M |
| DSCR (net cash flow) | 2.32 |
| DSCR (net operating income) | 2.55 |
| Occupancy | 70% |
| Servicer advances outstanding | $0 |
CRESS CREEK SQUARE SHOPPING CENTER
| Property | CRESS CREEK SQUARE SHOPPING CENTER |
| Address | 702-764 ROYAL SAINT GEORGE DRIVE; Naperville, IL 60563 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 144,447 |
| Year built | 1987 |
| Year last renovated | not yet reported |
| Original balance | $19.0M |
| Current balance | $19.0M (September 2026) |
| Share of deal balance | 3.0% |
| Interest rate at origination | 6.83% |
| Current interest rate | 6.83% |
| Origination date | 04-30-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 05-05-2026 |
| Yield maintenance end | 11-05-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | LMF Commercial, LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $711,230 |
| Operating expenses | $166,372 |
| Net operating income | $544,858 |
| Net cash flow | $515,969 |
| DSCR (net cash flow) | 1.59 |
| DSCR (net operating income) | 1.68 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
ARCADIA ON THE RIVER
| Property | ARCADIA ON THE RIVER |
| Address | 120 PUMPING STATION ROAD AND 700 NELSON ROAD; Milledgeville, GA 31061 |
| Property type | Multifamily |
| Units, beds or keys | 510 |
| Net rentable square feet | not yet reported |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $18.2M |
| Current balance | $18.2M (September 2026) |
| Share of deal balance | 2.8% |
| Interest rate at origination | 6.32% |
| Current interest rate | 6.32% |
| Origination date | 02-10-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-03-06 |
| Prepayment lockout end | 12-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.7M |
| Operating expenses | $1.1M |
| Net operating income | $1.6M |
| Net cash flow | $1.5M |
| DSCR (net cash flow) | 2.65 |
| DSCR (net operating income) | 2.70 |
| Occupancy | 93% |
| Servicer advances outstanding | $0 |
Loan 1C
| Property | Loan 1C |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $17.4M |
| Current balance | $17.4M (September 2026) |
| Share of deal balance | 2.7% |
| Interest rate at origination | 5.58% |
| Current interest rate | 5.58% |
| Origination date | 03-27-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Loan 1A
| Property | Loan 1A |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $17.0M |
| Current balance | $17.0M (September 2026) |
| Share of deal balance | 2.7% |
| Interest rate at origination | 5.58% |
| Current interest rate | 5.58% |
| Origination date | 03-27-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
GREEN DOOR APARTMENTS
| Property | GREEN DOOR APARTMENTS |
| Address | 101 ADELINE DRIVE; Belleville, IL 62221 |
| Property type | Multifamily |
| Units, beds or keys | 265 |
| Net rentable square feet | not yet reported |
| Year built | 1964 |
| Year last renovated | 2023 |
| Original balance | $16.0M |
| Current balance | $15.6M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 6.11% |
| Current interest rate | 6.11% |
| Origination date | 02-26-2025 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-03-06 |
| Prepayment lockout end | 03-05-2027 |
| Yield maintenance end | 09-05-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | LMF Commercial, LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.9M |
| Operating expenses | $798,471 |
| Net operating income | $1.1M |
| Net cash flow | $1.1M |
| DSCR (net cash flow) | 1.76 |
| DSCR (net operating income) | 1.82 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Southeast Retail Portfolio
| Property | Southeast Retail Portfolio |
| Address | not yet reported |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $14.6M |
| Current balance | $14.6M (September 2026) |
| Share of deal balance | 2.3% |
| Interest rate at origination | 7.60% |
| Current interest rate | 7.60% |
| Origination date | 05-07-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-06-06 |
| Prepayment lockout end | 03-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.1M |
| Operating expenses | $300,773 |
| Net operating income | $840,937 |
| Net cash flow | $779,579 |
| DSCR (net cash flow) | 1.39 |
| DSCR (net operating income) | 1.50 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
1301 ROCKY POINT DRIVE
| Property | 1301 ROCKY POINT DRIVE |
| Address | 1301 ROCKY POINT DRIVE; Oceanside, CA 92056 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 82,950 |
| Year built | 2015 |
| Year last renovated | not yet reported |
| Original balance | $14.0M |
| Current balance | $14.0M (September 2026) |
| Share of deal balance | 2.2% |
| Interest rate at origination | 6.40% |
| Current interest rate | 6.40% |
| Origination date | 03-07-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2035-03-06 |
| Prepayment lockout end | 12-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | UBS AG |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $464,134 |
| Operating expenses | $13,924 |
| Net operating income | $450,210 |
| Net cash flow | $433,867 |
| DSCR (net cash flow) | 1.94 |
| DSCR (net operating income) | 2.01 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
7 East 19th Street & 223 East 80th Street
| Property | 7 East 19th Street & 223 East 80th Street |
| Address | New York, NY |
| Property type | Mixed use |
| Units, beds or keys | 9 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | 2018 |
| Original balance | $13.0M |
| Current balance | $13.0M (September 2026) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 6.68% |
| Current interest rate | 6.68% |
| Origination date | 05-09-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-05-09 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 02-08-2035 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Natixis Real Estate Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $400,573 |
| Operating expenses | $128,641 |
| Net operating income | $271,932 |
| Net cash flow | $269,339 |
| DSCR (net cash flow) | 1.24 |
| DSCR (net operating income) | 1.25 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
PLAZA DE SANTA FE
| Property | PLAZA DE SANTA FE |
| Address | 16950 VIA DE SANTA FE; Rancho Santa Fe, CA 92091 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 25,373 |
| Year built | 1974 |
| Year last renovated | not yet reported |
| Original balance | $11.2M |
| Current balance | $11.2M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 6.48% |
| Current interest rate | 6.48% |
| Origination date | 04-04-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | 10-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $487,880 |
| Operating expenses | $112,585 |
| Net operating income | $375,295 |
| Net cash flow | $366,356 |
| DSCR (net cash flow) | 2.02 |
| DSCR (net operating income) | 2.07 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
WILLOW CREEK
| Property | WILLOW CREEK |
| Address | 41840 FORD ROAD; Canton Township, MI 48187 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 161,626 |
| Year built | 1995 |
| Year last renovated | 2024 |
| Original balance | $11.2M |
| Current balance | $10.9M (September 2026) |
| Share of deal balance | 1.7% |
| Interest rate at origination | 6.18% |
| Current interest rate | 6.18% |
| Origination date | 02-24-2025 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-03-06 |
| Prepayment lockout end | 12-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $733,322 |
| Operating expenses | $236,129 |
| Net operating income | $497,193 |
| Net cash flow | $453,609 |
| DSCR (net cash flow) | 2.06 |
| DSCR (net operating income) | 2.26 |
| Occupancy | 95% |
| Servicer advances outstanding | $0 |
TRIPOLI PARK
| Property | TRIPOLI PARK |
| Address | 5750 NORTH 95TH STREET, 5760 NORTH 95TH STREET, 9305 WEST SHERIDAN AVENUE, 9580 WEST FOND DU LAC AVENUE, 6345 NORTH 91ST STREET AND 6345-R NORTH 91ST STREET, 3815 WEST GOOD HOPE ROAD, 3827 WEST GOOD H; Milwaukee, WI 53225 |
| Property type | Multifamily |
| Units, beds or keys | 94 |
| Net rentable square feet | not yet reported |
| Year built | 1949 |
| Year last renovated | 2020 |
| Original balance | $10.7M |
| Current balance | $10.6M (September 2026) |
| Share of deal balance | 1.7% |
| Interest rate at origination | 7.27% |
| Current interest rate | 7.27% |
| Origination date | 04-14-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-05-01 |
| Prepayment lockout end | 04-30-2028 |
| Yield maintenance end | 01-31-2035 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Societe Generale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $382,261 |
| Operating expenses | $78,327 |
| Net operating income | $303,934 |
| Net cash flow | $297,166 |
| DSCR (net cash flow) | 1.35 |
| DSCR (net operating income) | 1.38 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
SECURITY PUBLIC STORAGE - ROSEVILLE II
| Property | SECURITY PUBLIC STORAGE - ROSEVILLE II |
| Address | 851 GALLERIA BOULEVARD; Roseville, CA 95678 |
| Property type | Self storage |
| Units, beds or keys | 563 |
| Net rentable square feet | 90,495 |
| Year built | 2001 |
| Year last renovated | not yet reported |
| Original balance | $9.7M |
| Current balance | $9.7M (September 2026) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 6.09% |
| Current interest rate | 6.09% |
| Origination date | 02-10-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2035-03-06 |
| Prepayment lockout end | 03-05-2026 |
| Yield maintenance end | 09-05-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $335,516 |
| Operating expenses | $150,773 |
| Net operating income | $184,743 |
| Net cash flow | $182,480 |
| DSCR (net cash flow) | 1.24 |
| DSCR (net operating income) | 1.26 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
STORQUEST - PHOENIX
| Property | STORQUEST - PHOENIX |
| Address | 1616 EAST PORTLAND STREET; Phoenix, AZ 85006 |
| Property type | Self storage |
| Units, beds or keys | 746 |
| Net rentable square feet | 83,510 |
| Year built | 2016 |
| Year last renovated | not yet reported |
| Original balance | $8.7M |
| Current balance | $8.7M (September 2026) |
| Share of deal balance | 1.4% |
| Interest rate at origination | 6.37% |
| Current interest rate | 6.37% |
| Origination date | 05-02-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-06-01 |
| Prepayment lockout end | 07-31-2027 |
| Yield maintenance end | 12-31-2034 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $1.3M |
| Operating expenses | $423,963 |
| Net operating income | $842,147 |
| Net cash flow | $833,796 |
| DSCR (net cash flow) | 1.49 |
| DSCR (net operating income) | 1.50 |
| Occupancy | 84% |
| Servicer advances outstanding | $47,638 |
MINI U STORAGE - SANTA FE
| Property | MINI U STORAGE - SANTA FE |
| Address | 2 EMBLEM ROAD; Santa Fe, NM 87507 |
| Property type | Self storage |
| Units, beds or keys | 697 |
| Net rentable square feet | 61,881 |
| Year built | 2009 |
| Year last renovated | not yet reported |
| Original balance | $8.2M |
| Current balance | $8.2M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 7.09% |
| Current interest rate | 7.09% |
| Origination date | 01-31-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-02-01 |
| Prepayment lockout end | 03-31-2027 |
| Yield maintenance end | 11-30-2034 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $1.2M |
| Operating expenses | $460,533 |
| Net operating income | $762,018 |
| Net cash flow | $755,830 |
| DSCR (net cash flow) | 1.28 |
| DSCR (net operating income) | 1.29 |
| Occupancy | 86% |
| Servicer advances outstanding | $49,984 |
ABC JUNCTION
| Property | ABC JUNCTION |
| Address | 37-80 JUNCTION BOULEVARD; Corona, NY 11368 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 21,856 |
| Year built | 1932 |
| Year last renovated | not yet reported |
| Original balance | $8.0M |
| Current balance | $8.0M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 6.81% |
| Current interest rate | 6.81% |
| Origination date | 04-25-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 03-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | DBR Investments Co. Limited |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $836,489 |
| Operating expenses | $283,721 |
| Net operating income | $552,768 |
| Net cash flow | $550,583 |
| DSCR (net cash flow) | 2.00 |
| DSCR (net operating income) | 2.01 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
WILMOT PLACE
| Property | WILMOT PLACE |
| Address | 6210, 6228, 6230, 6270 EAST BROADWAY BOULEVARD; Tucson, AZ 85711 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 61,329 |
| Year built | 1974 |
| Year last renovated | 2008 |
| Original balance | $8.0M |
| Current balance | $8.0M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 6.97% |
| Current interest rate | 6.97% |
| Origination date | 05-05-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 11-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 09-30-2025 |
| Revenue | $785,597 |
| Operating expenses | $242,827 |
| Net operating income | $542,770 |
| Net cash flow | $501,486 |
| DSCR (net cash flow) | 0.87 |
| DSCR (net operating income) | 0.94 |
| Occupancy | 90% |
| Servicer advances outstanding | $0 |
MINI U STORAGE - GLEN MILLS
| Property | MINI U STORAGE - GLEN MILLS |
| Address | 15 STONEY BANK ROAD; Glen Mills, PA 19342 |
| Property type | Self storage |
| Units, beds or keys | 712 |
| Net rentable square feet | 79,705 |
| Year built | 2009 |
| Year last renovated | not yet reported |
| Original balance | $7.7M |
| Current balance | $7.7M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.77% |
| Current interest rate | 6.77% |
| Origination date | 02-28-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-03-01 |
| Prepayment lockout end | 04-30-2027 |
| Yield maintenance end | 12-31-2034 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $1.3M |
| Operating expenses | $663,626 |
| Net operating income | $625,705 |
| Net cash flow | $614,213 |
| DSCR (net cash flow) | 1.17 |
| DSCR (net operating income) | 1.19 |
| Occupancy | 82% |
| Servicer advances outstanding | $44,523 |
AMETEK HQ
| Property | AMETEK HQ |
| Address | 1100 CASSATT ROAD; Berwyn, PA 19312 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 43,480 |
| Year built | 1997 |
| Year last renovated | 2023 |
| Original balance | $7.6M |
| Current balance | $7.6M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.64% |
| Current interest rate | 6.64% |
| Origination date | 04-09-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 02-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $785,609 |
| Operating expenses | $234,723 |
| Net operating income | $550,886 |
| Net cash flow | $524,798 |
| DSCR (net cash flow) | 2.07 |
| DSCR (net operating income) | 2.17 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
14339-14351 HAYNES STREET
| Property | 14339-14351 HAYNES STREET |
| Address | 14339-14351 HAYNES STREET; Van Nuys, CA 91401 |
| Property type | Multifamily |
| Units, beds or keys | 36 |
| Net rentable square feet | not yet reported |
| Year built | 1985 |
| Year last renovated | not yet reported |
| Original balance | $7.5M |
| Current balance | $7.5M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.65% |
| Current interest rate | 6.65% |
| Origination date | 02-14-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-03-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 09-05-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $888,228 |
| Operating expenses | $230,953 |
| Net operating income | $657,275 |
| Net cash flow | $648,275 |
| DSCR (net cash flow) | 1.27 |
| DSCR (net operating income) | 1.29 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
ESTABROOK & FAIRVIEW
| Property | ESTABROOK & FAIRVIEW |
| Address | 2453 WEST CAPITOL DRIVE, 2629 WEST ROOSEVELT DRIVE, 4292, 4282, 4275 AND 4248 NORTH 27TH STREET, 5301 AND 5308 NORTH 29TH STREET, 5909 NORTH TEUTONIA AVENUE, 6225-6227 WEST FAIRVIEW AVENUE, 7404, 7414; Milwaukee, WI 53206 |
| Property type | Multifamily |
| Units, beds or keys | 74 |
| Net rentable square feet | not yet reported |
| Year built | 1927 |
| Year last renovated | 2018 |
| Original balance | $7.5M |
| Current balance | $7.4M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.96% |
| Current interest rate | 6.96% |
| Origination date | 02-21-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-03-01 |
| Prepayment lockout end | 02-29-2028 |
| Yield maintenance end | 11-30-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Societe Generale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $278,020 |
| Operating expenses | $64,552 |
| Net operating income | $213,468 |
| Net cash flow | $208,344 |
| DSCR (net cash flow) | 1.39 |
| DSCR (net operating income) | 1.42 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
MINI U STORAGE - FOLSOM
| Property | MINI U STORAGE - FOLSOM |
| Address | 300 SOUTH LEXINGTON DRIVE; Folsom, CA 95630 |
| Property type | Self storage |
| Units, beds or keys | 505 |
| Net rentable square feet | 65,263 |
| Year built | 2006 |
| Year last renovated | not yet reported |
| Original balance | $7.3M |
| Current balance | $7.3M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 6.77% |
| Current interest rate | 6.77% |
| Origination date | 02-28-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-03-01 |
| Prepayment lockout end | 04-30-2027 |
| Yield maintenance end | 12-31-2034 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $1.2M |
| Operating expenses | $551,425 |
| Net operating income | $640,982 |
| Net cash flow | $634,456 |
| DSCR (net cash flow) | 1.26 |
| DSCR (net operating income) | 1.27 |
| Occupancy | 81% |
| Servicer advances outstanding | $42,632 |
ENDERIS & WELLS
| Property | ENDERIS & WELLS |
| Address | 2944-2950 NORTH 67TH STREET, 6665 WEST LISBON AVENUE, 3743-3745 WEST WELLS STREET, 4243 WEST NASH STREET, 4468 NORTH 76TH STREET, 5953 NORTH 77TH STREET, 6515 WEST FLORIST AVENUE AND 9745 WEST REICHER; Milwaukee, WI 53210 |
| Property type | Multifamily |
| Units, beds or keys | 67 |
| Net rentable square feet | not yet reported |
| Year built | 1947 |
| Year last renovated | 2022 |
| Original balance | $7.0M |
| Current balance | $6.9M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 6.94% |
| Current interest rate | 6.94% |
| Origination date | 03-13-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-04-01 |
| Prepayment lockout end | 03-31-2028 |
| Yield maintenance end | 12-31-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Societe Generale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $247,441 |
| Operating expenses | $48,276 |
| Net operating income | $199,165 |
| Net cash flow | $194,207 |
| DSCR (net cash flow) | 1.39 |
| DSCR (net operating income) | 1.43 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
GIANT EAGLE - CHARDON
| Property | GIANT EAGLE - CHARDON |
| Address | 351 CENTER STREET; Chardon, OH 44024 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 80,000 |
| Year built | 2000 |
| Year last renovated | not yet reported |
| Original balance | $6.5M |
| Current balance | $6.4M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 6.73% |
| Current interest rate | 6.73% |
| Origination date | 05-01-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 05-05-2026 |
| Yield maintenance end | 11-05-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $520,000 |
| Operating expenses | $5,572 |
| Net operating income | $514,428 |
| Net cash flow | $462,828 |
| DSCR (net cash flow) | 1.83 |
| DSCR (net operating income) | 2.04 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
145 MAIN STREET
| Property | 145 MAIN STREET |
| Address | 145 MAIN STREET; Norwalk, CT 06851 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 47,122 |
| Year built | 1961 |
| Year last renovated | not yet reported |
| Original balance | $6.2M |
| Current balance | $6.2M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 6.69% |
| Current interest rate | 6.69% |
| Origination date | 05-12-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-06-06 |
| Prepayment lockout end | 12-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $254,505 |
| Operating expenses | $100,909 |
| Net operating income | $153,596 |
| Net cash flow | $146,528 |
| DSCR (net cash flow) | 0.70 |
| DSCR (net operating income) | 0.74 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Loan 5A
| Property | Loan 5A |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $6.0M |
| Current balance | $6.0M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.46% |
| Current interest rate | 6.46% |
| Origination date | 05-08-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-06-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Loan 6A
| Property | Loan 6A |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $5.8M |
| Current balance | $5.8M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.49% |
| Current interest rate | 6.49% |
| Origination date | 01-22-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-02-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
Loan 6B
| Property | Loan 6B |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $5.8M |
| Current balance | $5.8M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.49% |
| Current interest rate | 6.49% |
| Origination date | 01-22-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-02-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
MIRAMAR CROSSING
| Property | MIRAMAR CROSSING |
| Address | 11302-11386 & 11400 MIRAMAR PARKWAY; Miramar, FL 33025 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 29,884 |
| Year built | 2004 |
| Year last renovated | 2014 |
| Original balance | $5.5M |
| Current balance | $5.5M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.32% |
| Current interest rate | 6.32% |
| Origination date | 03-21-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | 07-05-2027 |
| Yield maintenance end | 12-05-2034 |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Zions Bancorporation, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $797,983 |
| Operating expenses | $261,631 |
| Net operating income | $536,352 |
| Net cash flow | $515,035 |
| DSCR (net cash flow) | 2.93 |
| DSCR (net operating income) | 3.05 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
LAFAYETTE OAKS MHC
| Property | LAFAYETTE OAKS MHC |
| Address | 1717 ERASTE LANDRY ROAD; Lafayette, LA 70506 |
| Property type | Manufactured housing |
| Units, beds or keys | 104 |
| Net rentable square feet | not yet reported |
| Year built | 1971 |
| Year last renovated | not yet reported |
| Original balance | $3.9M |
| Current balance | $3.9M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 7.13% |
| Current interest rate | 7.13% |
| Origination date | 05-01-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 01-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $253,457 |
| Operating expenses | $30,859 |
| Net operating income | $222,598 |
| Net cash flow | $219,998 |
| DSCR (net cash flow) | 1.55 |
| DSCR (net operating income) | 1.57 |
| Occupancy | 92% |
| Servicer advances outstanding | $0 |
MINI U STORAGE - ARLINGTON
| Property | MINI U STORAGE - ARLINGTON |
| Address | 7812 SOUTH COOPER STREET; Arlington, TX 76001 |
| Property type | Self storage |
| Units, beds or keys | 448 |
| Net rentable square feet | 62,945 |
| Year built | 1998 |
| Year last renovated | not yet reported |
| Original balance | $3.2M |
| Current balance | $3.2M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 7.09% |
| Current interest rate | 7.09% |
| Origination date | 01-31-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-02-01 |
| Prepayment lockout end | 03-31-2027 |
| Yield maintenance end | 11-30-2034 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank National Association |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2025 |
| Revenue | $755,930 |
| Operating expenses | $459,241 |
| Net operating income | $296,689 |
| Net cash flow | $290,394 |
| DSCR (net cash flow) | 1.26 |
| DSCR (net operating income) | 1.29 |
| Occupancy | 94% |
| Servicer advances outstanding | $19,658 |
Loan 1B
| Property | Loan 1B |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $450,000 |
| Current balance | $450,000 (September 2026) |
| Share of deal balance | 0.1% |
| Interest rate at origination | 5.58% |
| Current interest rate | 5.58% |
| Origination date | 03-27-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | not yet reported |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |