Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22: loan annex
Page built October 19, 2026
Loan detail for Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22.
Data as of loan data through January 2023; ratings as held in the dataset at 2026-10-13
← Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22 · CMBS market
Detail sections for the 43 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.
TRIBECA APARTMENTS
| Property | TRIBECA APARTMENTS |
| Address | 5510 PERSHING AVENUE; St. Louis, MO 63112 |
| Property type | Multifamily |
| Units, beds or keys | 160 |
| Net rentable square feet | not yet reported |
| Year built | 2018 |
| Year last renovated | not yet reported |
| Original balance | $24.2M |
| Current balance | $24.2M (January 2023) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 3.49% |
| Current interest rate | 3.49% |
| Origination date | 10-21-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2022 |
| Revenue | $2.6M |
| Operating expenses | $852,780 |
| Net operating income | $1.8M |
| Net cash flow | $1.7M |
| DSCR (net cash flow) | 2.03 |
| DSCR (net operating income) | 2.07 |
| Occupancy | 81% |
| Servicer advances outstanding | $0 |
MCHENRY VILLAGE SHOPPING CENTER
| Property | MCHENRY VILLAGE SHOPPING CENTER |
| Address | 1700 MCHENRY AVENUE; Modesto, CA 95350 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 275,422 |
| Year built | 1953 |
| Year last renovated | 2001 |
| Original balance | $21.0M |
| Current balance | $21.0M (January 2023) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 3.80% |
| Current interest rate | 3.80% |
| Origination date | 10-24-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | CCRE |
| 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) | 09-30-2022 |
| Revenue | $3.4M |
| Operating expenses | $1.3M |
| Net operating income | $2.1M |
| Net cash flow | $1.9M |
| DSCR (net cash flow) | 3.10 |
| DSCR (net operating income) | 3.51 |
| Occupancy | 89% |
| Servicer advances outstanding | $0 |
Osborn Triangle
| Property | Osborn Triangle |
| Address | MA |
| Property type | Mixed use |
| 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 (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 3.80% |
| Current interest rate | 3.80% |
| Origination date | 05-16-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-06-01 |
| Prepayment lockout end | 07-31-2021 |
| Yield maintenance end | 11-30-2028 |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | JPMCB |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $53.0M |
| Operating expenses | $13.5M |
| Net operating income | $39.5M |
| Net cash flow | $38.0M |
| DSCR (net cash flow) | 2.28 |
| DSCR (net operating income) | 2.38 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
AMERICAN METRO CENTER
| Property | AMERICAN METRO CENTER |
| Address | 100, 200 AND 300 AMERICAN METRO BOULEVARD; Hamilton, NJ 08619 |
| Property type | Other (code 98) |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 488,463 |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $20.0M |
| Current balance | $20.0M (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 4.15% |
| Current interest rate | 4.15% |
| Origination date | 10-04-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | AREF |
| 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) | 06-30-2022 |
| Revenue | $1.2M |
| Operating expenses | $2,769 |
| Net operating income | $1.2M |
| Net cash flow | $1.2M |
| DSCR (net cash flow) | 1.66 |
| DSCR (net operating income) | 1.66 |
| Occupancy | 75% |
| Servicer advances outstanding | $0 |
Loan 3A
| Property | Loan 3A |
| 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 | $20.0M |
| Current balance | $20.0M (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 3.34% |
| Current interest rate | 3.34% |
| Origination date | 09-09-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | AREF |
| 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 |
WELLS FARGO PLACE
| Property | WELLS FARGO PLACE |
| Address | 30 7TH STREET EAST; St. Paul, MN 55101 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 646,459 |
| Year built | 1986 |
| Year last renovated | not yet reported |
| Original balance | $20.0M |
| Current balance | $20.0M (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 3.40% |
| Current interest rate | 3.40% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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) | 09-30-2022 |
| Revenue | $13.9M |
| Operating expenses | $9.2M |
| Net operating income | $4.7M |
| Net cash flow | $4.2M |
| DSCR (net cash flow) | 2.04 |
| DSCR (net operating income) | 2.26 |
| Occupancy | 84% |
| Servicer advances outstanding | $0 |
Loan 8A
| Property | Loan 8A |
| 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 | $20.0M |
| Current balance | $20.0M (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 3.40% |
| Current interest rate | 3.40% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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 |
Bushwick Avenue Portfolio
| Property | Bushwick Avenue Portfolio |
| Address | NY |
| 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 | $20.0M |
| Current balance | $20.0M (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 3.71% |
| Current interest rate | 3.71% |
| Origination date | 08-09-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-09-06 |
| Prepayment lockout end | 04-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2021 |
| Revenue | $7.6M |
| Operating expenses | $1.7M |
| Net operating income | $5.9M |
| Net cash flow | $5.9M |
| DSCR (net cash flow) | 1.61 |
| DSCR (net operating income) | 1.61 |
| Occupancy | 95% |
| Servicer advances outstanding | $0 |
Loan 9A
| Property | Loan 9A |
| 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 | $20.0M |
| Current balance | $20.0M (January 2023) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 3.71% |
| Current interest rate | 3.71% |
| Origination date | 08-09-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-09-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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 |
PLAZA RANCHO DEL ORO
| Property | PLAZA RANCHO DEL ORO |
| Address | 4120, 4140, 4160, 4170, 4176, 4186 AND 4196 OCEANSIDE BOULEVARD; Oceanside, CA 92056 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 65,054 |
| Year built | 1989 |
| Year last renovated | not yet reported |
| Original balance | $19.4M |
| Current balance | $19.4M (January 2023) |
| Share of deal balance | 1.9% |
| Interest rate at origination | 3.85% |
| Current interest rate | 3.85% |
| Origination date | 10-17-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 12-05-2021 |
| Yield maintenance end | 07-05-2029 |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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) | 09-30-2022 |
| Revenue | $2.3M |
| Operating expenses | $657,277 |
| Net operating income | $1.6M |
| Net cash flow | $1.5M |
| DSCR (net cash flow) | 2.71 |
| DSCR (net operating income) | 2.82 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
MAGNOLIA COVE APARTMENTS
| Property | MAGNOLIA COVE APARTMENTS |
| Address | 101, 103, 181, 185 AND 197 GOODSON DRIVE; Houston, TX 77060 |
| Property type | Multifamily |
| Units, beds or keys | 376 |
| Net rentable square feet | not yet reported |
| Year built | 1973 |
| Year last renovated | 2018 |
| Original balance | $17.0M |
| Current balance | $16.0M (January 2023) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 4.18% |
| Current interest rate | 4.18% |
| Origination date | 09-27-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 12-05-2021 |
| Yield maintenance end | 07-05-2029 |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $2.6M |
| Operating expenses | $1.0M |
| Net operating income | $1.6M |
| Net cash flow | $1.5M |
| DSCR (net cash flow) | 2.04 |
| DSCR (net operating income) | 2.16 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
Loan 3B
| Property | Loan 3B |
| 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 | $15.0M |
| Current balance | $15.0M (January 2023) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 3.34% |
| Current interest rate | 3.34% |
| Origination date | 09-09-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | AREF |
| 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 4A
| Property | Loan 4A |
| 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 | $13.8M |
| Current balance | $13.8M (January 2023) |
| Share of deal balance | 1.4% |
| Interest rate at origination | 3.74% |
| Current interest rate | 3.74% |
| Origination date | 06-03-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-07-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | MSMCH |
| 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 |
CROWN HEIGHTS
| Property | CROWN HEIGHTS |
| Address | 450 NORTHEAST 68TH STREET, 302 NORTHEAST 64TH STREET, 300 NORTHEAST 58TH STREET; Gladstone, MO 64118 |
| Property type | Multifamily |
| Units, beds or keys | 292 |
| Net rentable square feet | not yet reported |
| Year built | 1961 |
| Year last renovated | 2018 |
| Original balance | $13.5M |
| Current balance | $13.5M (January 2023) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 3.40% |
| Current interest rate | 3.40% |
| Origination date | 10-23-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 08-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2022 |
| Revenue | $3.1M |
| Operating expenses | $1.5M |
| Net operating income | $1.6M |
| Net cash flow | $1.5M |
| DSCR (net cash flow) | 3.18 |
| DSCR (net operating income) | 3.34 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
WILDWOOD CENTRE
| Property | WILDWOOD CENTRE |
| Address | 255 LAKESHORE PARKWAY; Homewood, AL 35209 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 194,560 |
| Year built | 1991 |
| Year last renovated | not yet reported |
| Original balance | $13.3M |
| Current balance | $13.0M (January 2023) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 3.90% |
| Current interest rate | 3.90% |
| Origination date | 10-07-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 18 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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) | 09-30-2022 |
| Revenue | $1.6M |
| Operating expenses | $522,713 |
| Net operating income | $1.1M |
| Net cash flow | $985,752 |
| DSCR (net cash flow) | 1.74 |
| DSCR (net operating income) | 1.89 |
| Occupancy | 94% |
| Servicer advances outstanding | $0 |
Hilton Portfolio
| Property | Hilton Portfolio |
| Address | not yet reported |
| Property type | Lodging |
| Units, beds or keys | 709 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $12.0M |
| Current balance | $11.6M (January 2023) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 4.30% |
| Current interest rate | 4.30% |
| Origination date | 08-09-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 12 months |
| Scheduled maturity | 2029-09-06 |
| Prepayment lockout end | 06-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2022 |
| Revenue | $12.5M |
| Operating expenses | $7.9M |
| Net operating income | $4.5M |
| Net cash flow | $4.0M |
| DSCR (net cash flow) | 2.01 |
| DSCR (net operating income) | 2.25 |
| Occupancy | 73% |
| Servicer advances outstanding | $59,347 |
WOODBRIDGE APARTMENTS
| Property | WOODBRIDGE APARTMENTS |
| Address | 3140 EAST PARIS AVENUE SOUTHEAST; Kentwood, MI 49512 |
| Property type | Multifamily |
| Units, beds or keys | 168 |
| Net rentable square feet | not yet reported |
| Year built | 1980 |
| Year last renovated | not yet reported |
| Original balance | $11.5M |
| Current balance | $11.5M (January 2023) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 3.37% |
| Current interest rate | 3.37% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | AREF |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $1.6M |
| Operating expenses | $657,162 |
| Net operating income | $915,343 |
| Net cash flow | $883,843 |
| DSCR (net cash flow) | 3.00 |
| DSCR (net operating income) | 3.10 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
AUDUBON COURT APARTMENTS
| Property | AUDUBON COURT APARTMENTS |
| Address | 2828 EGYPT ROAD; Norristown, PA 19403 |
| Property type | Multifamily |
| Units, beds or keys | 174 |
| Net rentable square feet | not yet reported |
| Year built | 1967 |
| Year last renovated | not yet reported |
| Original balance | $11.5M |
| Current balance | $11.5M (January 2023) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 3.90% |
| Current interest rate | 3.90% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $2.0M |
| Operating expenses | $951,797 |
| Net operating income | $1.0M |
| Net cash flow | $975,384 |
| DSCR (net cash flow) | 2.86 |
| DSCR (net operating income) | 2.95 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
191-195 CLARKSON AVENUE
| Property | 191-195 CLARKSON AVENUE |
| Address | 191-195 CLARKSON AVENUE; Brooklyn, NY 11226 |
| Property type | Multifamily |
| Units, beds or keys | 29 |
| Net rentable square feet | not yet reported |
| Year built | 2019 |
| Year last renovated | not yet reported |
| Original balance | $10.6M |
| Current balance | $10.6M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 3.95% |
| Current interest rate | 3.95% |
| Origination date | 10-15-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 06-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $631,613 |
| Operating expenses | $176,143 |
| Net operating income | $455,470 |
| Net cash flow | $450,032 |
| DSCR (net cash flow) | 1.41 |
| DSCR (net operating income) | 1.43 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
HAMPTON INN STOUGHTON
| Property | HAMPTON INN STOUGHTON |
| Address | 449 PAGE STREET; Stoughton, MA 02072 |
| Property type | Lodging |
| Units, beds or keys | 100 |
| Net rentable square feet | not yet reported |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $11.0M |
| Current balance | $10.4M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 4.33% |
| Current interest rate | 4.33% |
| Origination date | 09-18-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $3.2M |
| Operating expenses | $2.1M |
| Net operating income | $1.1M |
| Net cash flow | $938,596 |
| DSCR (net cash flow) | 1.43 |
| DSCR (net operating income) | 1.62 |
| Occupancy | 68% |
| 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 | $10.0M |
| Current balance | $10.0M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 3.65% |
| Current interest rate | 3.65% |
| Origination date | 09-12-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| 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 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 | $10.0M |
| Current balance | $10.0M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 3.65% |
| Current interest rate | 3.65% |
| Origination date | 09-12-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| 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 | $10.0M |
| Current balance | $10.0M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 3.81% |
| Current interest rate | 3.81% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | AREF |
| 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 |
Victory Food Lion Portfolio
| Property | Victory Food Lion Portfolio |
| Address | VA |
| 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 | $10.5M |
| Current balance | $9.9M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 3.65% |
| Current interest rate | 3.65% |
| Origination date | 09-18-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-10-01 |
| Prepayment lockout end | 09-30-2021 |
| Yield maintenance end | 06-30-2029 |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2021 |
| Revenue | $1.1M |
| Operating expenses | $277,473 |
| Net operating income | $804,502 |
| Net cash flow | $739,030 |
| DSCR (net cash flow) | 1.71 |
| DSCR (net operating income) | 1.86 |
| Occupancy | 89% |
| Servicer advances outstanding | $0 |
CAL RANCH PLAZA
| Property | CAL RANCH PLAZA |
| Address | 232-276 NORTH JONES BOULEVARD; Las Vegas, NV 89107 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 109,303 |
| Year built | 1976 |
| Year last renovated | 2018 |
| Original balance | $9.8M |
| Current balance | $9.8M (January 2023) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 4.04% |
| Current interest rate | 4.04% |
| Origination date | 10-18-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| 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) | 09-30-2022 |
| Revenue | $1.2M |
| Operating expenses | $279,802 |
| Net operating income | $884,408 |
| Net cash flow | $808,127 |
| DSCR (net cash flow) | 2.67 |
| DSCR (net operating income) | 2.93 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
THE PINES CORPORATE CENTER
| Property | THE PINES CORPORATE CENTER |
| Address | 7211-7391 WEST CHARLESTON BOULEVARD; Las Vegas, NV 89117 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 100,176 |
| Year built | 2000 |
| Year last renovated | not yet reported |
| Original balance | $9.6M |
| Current balance | $9.5M (January 2023) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 3.80% |
| Current interest rate | 3.80% |
| Origination date | 10-04-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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) | 09-30-2022 |
| Revenue | $1.5M |
| Operating expenses | $529,685 |
| Net operating income | $923,092 |
| Net cash flow | $829,929 |
| DSCR (net cash flow) | 3.00 |
| DSCR (net operating income) | 3.34 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
MALLARD CROSSING SHOPPING CENTER
| Property | MALLARD CROSSING SHOPPING CENTER |
| Address | 851-933 MEACHAM ROAD; Elk Grove Village, IL 60007 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 80,640 |
| Year built | 1992 |
| Year last renovated | 2018 |
| Original balance | $9.3M |
| Current balance | $9.3M (January 2023) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 3.93% |
| Current interest rate | 3.93% |
| Origination date | 10-10-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | AREF |
| 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) | 09-30-2022 |
| Revenue | $1.5M |
| Operating expenses | $743,661 |
| Net operating income | $721,277 |
| Net cash flow | $672,454 |
| DSCR (net cash flow) | 2.41 |
| DSCR (net operating income) | 2.59 |
| Occupancy | 92% |
| Servicer advances outstanding | $0 |
8 FAIRVIEW PLACE
| Property | 8 FAIRVIEW PLACE |
| Address | 8 FAIRVIEW PLACE; Brooklyn, NY 11226 |
| Property type | Multifamily |
| Units, beds or keys | 15 |
| Net rentable square feet | not yet reported |
| Year built | 2018 |
| Year last renovated | not yet reported |
| Original balance | $9.0M |
| Current balance | $9.0M (January 2023) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 3.99% |
| Current interest rate | 3.99% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 06-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | CCRE |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2022 |
| Revenue | $287,646 |
| Operating expenses | $38,586 |
| Net operating income | $249,060 |
| Net cash flow | $244,792 |
| DSCR (net cash flow) | 1.35 |
| DSCR (net operating income) | 1.37 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
HIGHLAND VILLAGE APARTMENTS
| Property | HIGHLAND VILLAGE APARTMENTS |
| Address | 3890 EAST PONCE DE LEON AVENUE; Clarkston, GA 30021 |
| Property type | Multifamily |
| Units, beds or keys | 134 |
| Net rentable square feet | not yet reported |
| Year built | 1967 |
| Year last renovated | 2017 |
| Original balance | $8.5M |
| Current balance | $8.5M (January 2023) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 3.73% |
| Current interest rate | 3.73% |
| Origination date | 10-02-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 08-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | AREF |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $1.1M |
| Operating expenses | $493,191 |
| Net operating income | $571,752 |
| Net cash flow | $546,627 |
| DSCR (net cash flow) | 2.27 |
| DSCR (net operating income) | 2.37 |
| Occupancy | 86% |
| Servicer advances outstanding | $0 |
THE HARMON BUILDING
| Property | THE HARMON BUILDING |
| Address | 1944 PACIFIC AVENUE; Tacoma, WA 98402 |
| Property type | Mixed use |
| Units, beds or keys | 56 |
| Net rentable square feet | not yet reported |
| Year built | 1909 |
| Year last renovated | 1999 |
| Original balance | $8.3M |
| Current balance | $8.3M (January 2023) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 3.45% |
| Current interest rate | 3.45% |
| Origination date | 10-09-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| 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) | 09-30-2022 |
| Revenue | $1.4M |
| Operating expenses | $699,553 |
| Net operating income | $661,913 |
| Net cash flow | $617,105 |
| DSCR (net cash flow) | 2.83 |
| DSCR (net operating income) | 3.04 |
| Occupancy | 94% |
| Servicer advances outstanding | $0 |
371 CACTUS
| Property | 371 CACTUS |
| Address | 371 SOUTH CACTUS AVENUE; Rialto, CA 92376 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 119,440 |
| Year built | 2008 |
| Year last renovated | not yet reported |
| Original balance | $7.5M |
| Current balance | $7.5M (January 2023) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 4.20% |
| Current interest rate | 4.20% |
| Origination date | 10-17-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 06-30-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | CCRE |
| 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) | 06-30-2022 |
| Revenue | $391,800 |
| Operating expenses | $0 |
| Net operating income | $391,800 |
| Net cash flow | $367,912 |
| DSCR (net cash flow) | 2.31 |
| DSCR (net operating income) | 2.46 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
PRAIRIE RIDGE COMMONS
| Property | PRAIRIE RIDGE COMMONS |
| Address | 9740, 9780, & 9800 76TH STREET; Pleasant Prairie, WI 53158 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 26,443 |
| Year built | 2007 |
| Year last renovated | not yet reported |
| Original balance | $7.0M |
| Current balance | $7.0M (January 2023) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 3.79% |
| Current interest rate | 3.79% |
| Origination date | 10-16-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| 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) | 09-30-2022 |
| Revenue | $889,226 |
| Operating expenses | $259,191 |
| Net operating income | $630,035 |
| Net cash flow | $585,228 |
| DSCR (net cash flow) | 2.89 |
| DSCR (net operating income) | 3.11 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
ImageFirst Industrial Portfolio
| Property | ImageFirst Industrial Portfolio |
| Address | not yet reported |
| Property type | Industrial |
| 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 | $7.0M |
| Current balance | $7.0M (January 2023) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 3.72% |
| Current interest rate | 3.72% |
| Origination date | 10-18-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 11-30-2021 |
| Yield maintenance end | 06-30-2029 |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $661,095 |
| Operating expenses | $24,438 |
| Net operating income | $636,657 |
| Net cash flow | $599,041 |
| DSCR (net cash flow) | 3.04 |
| DSCR (net operating income) | 3.24 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
PENINSULA RIDGE PHASE II
| Property | PENINSULA RIDGE PHASE II |
| Address | 23169-25061 HUDSON MILLS DRIVE & 25034-25179 WATERLEAF LANE; Brownstown, MI 48134 |
| Property type | Multifamily |
| Units, beds or keys | 42 |
| Net rentable square feet | not yet reported |
| Year built | 2019 |
| Year last renovated | not yet reported |
| Original balance | $6.5M |
| Current balance | $6.5M (January 2023) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 3.97% |
| Current interest rate | 3.97% |
| Origination date | 10-16-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $743,035 |
| Operating expenses | $261,522 |
| Net operating income | $481,513 |
| Net cash flow | $473,638 |
| DSCR (net cash flow) | 2.43 |
| DSCR (net operating income) | 2.47 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
9174 SKY PARK COURT
| Property | 9174 SKY PARK COURT |
| Address | 9174 SKY PARK COURT; San Diego, CA 92123 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 42,505 |
| Year built | 1986 |
| Year last renovated | not yet reported |
| Original balance | $6.0M |
| Current balance | $6.0M (January 2023) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 3.33% |
| Current interest rate | 3.33% |
| Origination date | 09-23-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-01 |
| Prepayment lockout end | 06-30-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| 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) | 09-30-2022 |
| Revenue | $813,934 |
| Operating expenses | $224,964 |
| Net operating income | $588,970 |
| Net cash flow | $566,220 |
| DSCR (net cash flow) | 3.73 |
| DSCR (net operating income) | 3.88 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
DECIMAL POINT
| Property | DECIMAL POINT |
| Address | 11300 & 11450 BLUEGRASS PARKWAY AND 11321 DECIMAL DRIVE; Louisville, KY 40299 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 118,024 |
| Year built | 1985 |
| Year last renovated | not yet reported |
| Original balance | $5.9M |
| Current balance | $5.9M (January 2023) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 3.61% |
| Current interest rate | 3.61% |
| Origination date | 10-18-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 05-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| 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) | 09-30-2022 |
| Revenue | $726,662 |
| Operating expenses | $251,469 |
| Net operating income | $475,193 |
| Net cash flow | $377,142 |
| DSCR (net cash flow) | 2.32 |
| DSCR (net operating income) | 2.92 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
LINCOLN PORTE
| Property | LINCOLN PORTE |
| Address | 14500 TRINITY BOULEVARD; Fort Worth, TX 76155 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 64,280 |
| Year built | 1986 |
| Year last renovated | 2019 |
| Original balance | $5.7M |
| Current balance | $5.7M (January 2023) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 3.44% |
| Current interest rate | 3.44% |
| Origination date | 09-30-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | AREF |
| 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) | 09-30-2022 |
| Revenue | $799,330 |
| Operating expenses | $247,233 |
| Net operating income | $552,097 |
| Net cash flow | $526,920 |
| DSCR (net cash flow) | 3.53 |
| DSCR (net operating income) | 3.70 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
THE MODERN
| Property | THE MODERN |
| Address | 2101 INDIAN RIVER BOULEVARD; Vero Beach, FL 32960 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 26,916 |
| Year built | 1974 |
| Year last renovated | 2011 |
| Original balance | $4.5M |
| Current balance | $4.5M (January 2023) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 4.55% |
| Current interest rate | 4.55% |
| Origination date | 10-10-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 36 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| 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) | 09-30-2022 |
| Revenue | $483,395 |
| Operating expenses | $226,841 |
| Net operating income | $256,554 |
| Net cash flow | $228,993 |
| DSCR (net cash flow) | 1.47 |
| DSCR (net operating income) | 1.65 |
| Occupancy | 91% |
| Servicer advances outstanding | $0 |
AAA SELF STORAGE HIGH POINT
| Property | AAA SELF STORAGE HIGH POINT |
| Address | 2553 WILLARD DAIRY ROAD; High Point, NC 27265 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 58,543 |
| Year built | 2009 |
| Year last renovated | not yet reported |
| Original balance | $4.1M |
| Current balance | $4.0M (January 2023) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 3.80% |
| Current interest rate | 3.80% |
| Origination date | 07-31-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2029-08-06 |
| Prepayment lockout end | 05-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 09-30-2022 |
| Revenue | $468,580 |
| Operating expenses | $131,682 |
| Net operating income | $336,898 |
| Net cash flow | $332,642 |
| DSCR (net cash flow) | 1.94 |
| DSCR (net operating income) | 1.96 |
| Occupancy | 98% |
| Servicer advances outstanding | $0 |
VAN DYKE SHELBY RETAIL
| Property | VAN DYKE SHELBY RETAIL |
| Address | 56265 VAN DYKE AVENUE; Shelby Township, MI 48316 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 12,382 |
| Year built | 2018 |
| Year last renovated | not yet reported |
| Original balance | $3.9M |
| Current balance | $3.6M (January 2023) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 4.24% |
| Current interest rate | 4.24% |
| Origination date | 10-04-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2029-10-06 |
| Prepayment lockout end | 05-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | SMC |
| 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) | 09-30-2022 |
| Revenue | $361,335 |
| Operating expenses | $88,651 |
| Net operating income | $272,684 |
| Net cash flow | $264,797 |
| DSCR (net cash flow) | 1.56 |
| DSCR (net operating income) | 1.60 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Brook & Whittle Industrial Portfolio
| Property | Brook & Whittle Industrial Portfolio |
| Address | MO |
| Property type | Industrial |
| 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 | $3.4M |
| Current balance | $3.4M (January 2023) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 4.12% |
| Current interest rate | 4.12% |
| Origination date | 07-31-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2029-08-01 |
| Prepayment lockout end | 05-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 12-31-2021 |
| Revenue | $457,585 |
| Operating expenses | $116,856 |
| Net operating income | $340,729 |
| Net cash flow | $310,201 |
| DSCR (net cash flow) | 2.20 |
| DSCR (net operating income) | 2.41 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
HILLSIDE TERRACE SHOPPING CENTER
| Property | HILLSIDE TERRACE SHOPPING CENTER |
| Address | 2728-2744 HILLSIDE DRIVE; Delafield, WI 53018 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 17,110 |
| Year built | 2004 |
| Year last renovated | not yet reported |
| Original balance | $2.5M |
| Current balance | $2.5M (January 2023) |
| Share of deal balance | 0.2% |
| Interest rate at origination | 4.09% |
| Current interest rate | 4.09% |
| Origination date | 10-18-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 07-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| 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) | 09-30-2022 |
| Revenue | $379,653 |
| Operating expenses | $159,430 |
| Net operating income | $220,223 |
| Net cash flow | $191,594 |
| DSCR (net cash flow) | 2.42 |
| DSCR (net operating income) | 2.79 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
CVS - CHESTERFIELD
| Property | CVS - CHESTERFIELD |
| Address | 47011 GRATIOT AVENUE; Chesterfield, MI 48051 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 10,990 |
| Year built | 1999 |
| Year last renovated | not yet reported |
| Original balance | $1.7M |
| Current balance | $1.7M (January 2023) |
| Share of deal balance | 0.2% |
| Interest rate at origination | 4.08% |
| Current interest rate | 4.08% |
| Origination date | 10-25-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-01 |
| Prepayment lockout end | 05-31-2029 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank National Association |
| Loan servicer | not yet reported |
| Originator | KeyBank |
| 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) | 06-30-2022 |
| Revenue | $98,080 |
| Operating expenses | $13,947 |
| Net operating income | $84,133 |
| Net cash flow | $76,056 |
| DSCR (net cash flow) | 2.16 |
| DSCR (net operating income) | 2.39 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |