Loan detail for Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-13
← Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 · CMBS market
Detail sections for the 27 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.
Greenville Promenade
| Property | Greenville Promenade |
| Address | 6834 and 6906 Wesley Street; Greenville, TX 75402 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 220,449 |
| Year built | 1972 |
| Year last renovated | 2017 |
| Original balance | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 3.4% |
| Interest rate at origination | 6.50% |
| Current interest rate | 6.50% |
| 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 | 01-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
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 |
The Court at Deptford II
| Property | The Court at Deptford II |
| Address | 1555-1559 Almonesson Road; Deptford, NJ 08096 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 141,688 |
| Year built | 1998 |
| Year last renovated | 2024 |
| Original balance | $19.7M |
| Current balance | $19.7M (September 2026) |
| Share of deal balance | 3.3% |
| Interest rate at origination | 6.98% |
| Current interest rate | 6.98% |
| Origination date | 06-26-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-06 |
| Prepayment lockout end | 04-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.1M |
| Operating expenses | $1.2M |
| Net operating income | $2.0M |
| Net cash flow | $1.8M |
| DSCR (net cash flow) | 1.32 |
| DSCR (net operating income) | 1.40 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Greene Town Center
| Property | Greene Town Center |
| Address | 4452 Buckeye Lane; Beavercreek, OH 45440 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 717,839 |
| Year built | 2007 |
| Year last renovated | not yet reported |
| Original balance | $12.6M |
| Current balance | $12.6M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 6.60% |
| Current interest rate | 6.60% |
| Origination date | 10-02-2024 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 24 months |
| Scheduled maturity | 2034-10-06 |
| Prepayment lockout end | 08-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $26.5M |
| Operating expenses | $10.9M |
| Net operating income | $15.5M |
| Net cash flow | $14.2M |
| DSCR (net cash flow) | 2.00 |
| DSCR (net operating income) | 2.18 |
| Occupancy | 86% |
| Servicer advances outstanding | $0 |
Discovery Business Center
| Property | Discovery Business Center |
| Address | 15261,15420, & 15910 Laguna Canyon Road 6831 and 6591 Irvine Center Drive; Irvine, CA 92618 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,287,820 |
| Year built | 2000 |
| Year last renovated | 2023 |
| Original balance | $11.0M |
| Current balance | $11.0M (September 2026) |
| Share of deal balance | 1.9% |
| Interest rate at origination | 5.99% |
| Current interest rate | 5.99% |
| Origination date | 01-24-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-02-01 |
| Prepayment lockout end | 08-31-2027 |
| Yield maintenance end | 07-31-2034 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Bank of America, National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
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 |
Habersham Village
| Property | Habersham Village |
| Address | 201 Habersham Village Circle; Cornelia, GA 30531 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 146,618 |
| Year built | 1985 |
| Year last renovated | 2024 |
| Original balance | $10.8M |
| Current balance | $10.8M (September 2026) |
| Share of deal balance | 1.8% |
| Interest rate at origination | 7.26% |
| Current interest rate | 7.26% |
| Origination date | 03-13-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | 01-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
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 |
Highland Business Park
| Property | Highland Business Park |
| Address | 4480-4540 Richmond Road; Warrensville Heights, OH 44128 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 136,315 |
| Year built | 1999 |
| Year last renovated | not yet reported |
| Original balance | $10.5M |
| Current balance | $10.4M (September 2026) |
| Share of deal balance | 1.7% |
| Interest rate at origination | 7.46% |
| Current interest rate | 7.46% |
| Origination date | 01-17-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-02-06 |
| Prepayment lockout end | 11-05-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
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 |
Alvarado Center
| Property | Alvarado Center |
| Address | 420-426 South Alvarado Street; Los Angeles, CA 90057 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 34,179 |
| Year built | 1966 |
| Year last renovated | 2005 |
| Original balance | $9.4M |
| Current balance | $9.4M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 6.57% |
| Current interest rate | 6.57% |
| Origination date | 05-29-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-06-01 |
| Prepayment lockout end | 11-30-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Bank of America, National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
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 |
Columbus North
| Property | Columbus North |
| Address | 25 Synder Avenue 2000 and 2010 South Christopher Columbus Boulevard; Philadelphia, PA 19148 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 46,347 |
| Year built | 2005 |
| Year last renovated | not yet reported |
| Original balance | $9.4M |
| Current balance | $9.4M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 7.03% |
| Current interest rate | 7.03% |
| Origination date | 05-29-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2035-06-06 |
| Prepayment lockout end | 03-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.5M |
| Operating expenses | $527,892 |
| Net operating income | $961,858 |
| Net cash flow | $910,302 |
| DSCR (net cash flow) | 1.36 |
| DSCR (net operating income) | 1.44 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Best Western Yellowstone
| Property | Best Western Yellowstone |
| Address | 103 Gibbon Avenue; West Yellowstone, MT 59758 |
| Property type | Lodging |
| Units, beds or keys | 66 |
| Net rentable square feet | not yet reported |
| Year built | 1961 |
| Year last renovated | 2020 |
| 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 | 06-18-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-06 |
| Prepayment lockout end | 04-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
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 |
A Storage Place Riverside
| Property | A Storage Place Riverside |
| Address | 3399 Central Avenue 2998 Ivy Street; Riverside, CA 92506 |
| Property type | Self storage |
| Units, beds or keys | 932 |
| Net rentable square feet | 99,290 |
| Year built | 1990 |
| Year last renovated | 2015 |
| Original balance | $7.5M |
| Current balance | $7.5M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 5.86% |
| Current interest rate | 5.86% |
| Origination date | 06-12-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 12-31-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
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 |
Westside Plaza
| Property | Westside Plaza |
| Address | 6210 West Colonial Drive 601 North Powers Drive; Orlando, FL 32808 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 68,875 |
| Year built | 1990 |
| Year last renovated | not yet reported |
| Original balance | $7.5M |
| Current balance | $7.5M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 7.40% |
| Current interest rate | 7.40% |
| Origination date | 03-28-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-04-06 |
| Prepayment lockout end | 01-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.6M |
| Operating expenses | $474,184 |
| Net operating income | $1.1M |
| Net cash flow | $1.0M |
| DSCR (net cash flow) | 1.82 |
| DSCR (net operating income) | 1.92 |
| Occupancy | 94% |
| Servicer advances outstanding | $0 |
Grandview Shopping Center
| Property | Grandview Shopping Center |
| Address | 5808-5858 West Camelback Road; Glendale, AZ 85301 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 85,553 |
| Year built | 1963 |
| Year last renovated | 2013 |
| Original balance | $7.2M |
| Current balance | $7.2M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.59% |
| Current interest rate | 6.59% |
| Origination date | 05-29-2025 |
| 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 | Midland |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.5M |
| Operating expenses | $406,069 |
| Net operating income | $1.1M |
| Net cash flow | $1.0M |
| DSCR (net cash flow) | 2.12 |
| DSCR (net operating income) | 2.29 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Pick 'n Save
| Property | Pick 'n Save |
| Address | 1202 North Green Bay Road; Mount Pleasant, WI 53406 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 59,162 |
| Year built | 2006 |
| Year last renovated | not yet reported |
| Original balance | $7.1M |
| Current balance | $7.1M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 7.49% |
| Current interest rate | 7.49% |
| Origination date | 02-12-2025 |
| 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 | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
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 |
Witte Oaks Apartments
| Property | Witte Oaks Apartments |
| Address | 1651 Witte Road; Houston, TX 77080 |
| Property type | Multifamily |
| Units, beds or keys | 123 |
| Net rentable square feet | not yet reported |
| Year built | 1964 |
| Year last renovated | not yet reported |
| Original balance | $6.8M |
| Current balance | $6.8M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 7.25% |
| Current interest rate | 7.25% |
| Origination date | 05-06-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-05-06 |
| Prepayment lockout end | 06-05-2027 |
| Yield maintenance end | 02-05-2035 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.3M |
| Operating expenses | $615,792 |
| Net operating income | $701,122 |
| Net cash flow | $664,222 |
| DSCR (net cash flow) | 1.34 |
| DSCR (net operating income) | 1.41 |
| Occupancy | 89% |
| Servicer advances outstanding | $0 |
Best Western Plus Lexington Inn
| Property | Best Western Plus Lexington Inn |
| Address | 601 Columbia Avenue; Lexington, SC 29072 |
| Property type | Lodging |
| Units, beds or keys | 71 |
| Net rentable square feet | not yet reported |
| Year built | 1999 |
| Year last renovated | 2021 |
| Original balance | $6.3M |
| Current balance | $6.2M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 7.24% |
| Current interest rate | 7.24% |
| Origination date | 06-06-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-06-06 |
| Prepayment lockout end | 03-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance 2 LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
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 |
A Storage Place La Sierra
| Property | A Storage Place La Sierra |
| Address | 4188 Pierce Street; Riverside, CA 92505 |
| Property type | Self storage |
| Units, beds or keys | 769 |
| Net rentable square feet | 107,612 |
| Year built | 2002 |
| Year last renovated | not yet reported |
| Original balance | $5.9M |
| Current balance | $5.9M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 5.90% |
| Current interest rate | 5.90% |
| Origination date | 06-06-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 12-31-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.1M |
| Operating expenses | $580,354 |
| Net operating income | $1.6M |
| Net cash flow | $1.5M |
| DSCR (net cash flow) | 4.39 |
| DSCR (net operating income) | 4.43 |
| Occupancy | 96% |
| Servicer advances outstanding | $0 |
Rochester Property (and 1 more properties)
| Property | Rochester Property (and 1 more properties) |
| Address | 49 Rochester Avenue; 686 Jefferson Avenue; Brooklyn, NY (and 1 more) 11233 |
| Property type | Multifamily |
| Units, beds or keys | ["7", "6"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | 2019 |
| Original balance | $5.2M |
| Current balance | $5.2M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.39% |
| Current interest rate | 6.39% |
| Origination date | 07-08-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-08-06 |
| Prepayment lockout end | 06-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | ["06-30-2026", "06-30-2026"] |
| 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 |
Westchester Gardens Co-op
| Property | Westchester Gardens Co-op |
| Address | 445 Gramatan Avenue; Mount Vernon, NY 10552 |
| Property type | Healthcare |
| Units, beds or keys | 112 |
| Net rentable square feet | not yet reported |
| Year built | 1941 |
| Year last renovated | not yet reported |
| Original balance | $4.8M |
| Current balance | $4.7M (September 2026) |
| Share of deal balance | 0.8% |
| Interest rate at origination | 5.69% |
| Current interest rate | 5.69% |
| Origination date | 05-29-2025 |
| Original term | 120 months |
| Amortization term | 480 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-06-01 |
| Prepayment lockout end | 05-31-2027 |
| Yield maintenance end | 02-28-2035 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
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 |
Black Bear Center
| Property | Black Bear Center |
| Address | 6021-6039 West Bell Road; Glendale, AZ 85308 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 44,935 |
| Year built | 1987 |
| Year last renovated | not yet reported |
| Original balance | $4.1M |
| Current balance | $4.1M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 6.85% |
| Current interest rate | 6.85% |
| Origination date | 06-04-2025 |
| 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 | Midland |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $984,392 |
| Operating expenses | $260,169 |
| Net operating income | $724,222 |
| Net cash flow | $662,626 |
| DSCR (net cash flow) | 2.33 |
| DSCR (net operating income) | 2.54 |
| Occupancy | 97% |
| Servicer advances outstanding | $0 |
A Storage Place Redlands
| Property | A Storage Place Redlands |
| Address | 650 New York Street; Redlands, CA 92374 |
| Property type | Self storage |
| Units, beds or keys | 532 |
| Net rentable square feet | 66,803 |
| Year built | 1975 |
| Year last renovated | not yet reported |
| Original balance | $3.8M |
| Current balance | $3.8M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.90% |
| Current interest rate | 5.90% |
| Origination date | 06-06-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 12-31-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.1M |
| Operating expenses | $437,191 |
| Net operating income | $620,099 |
| Net cash flow | $610,079 |
| DSCR (net cash flow) | 2.69 |
| DSCR (net operating income) | 2.73 |
| Occupancy | 87% |
| Servicer advances outstanding | $0 |
Patricia Gardens
| Property | Patricia Gardens |
| Address | 1825, 1829, 1833 Palmer Avenue; Larchmont, NY 10538 |
| Property type | Healthcare |
| Units, beds or keys | 65 |
| Net rentable square feet | not yet reported |
| Year built | 1950 |
| Year last renovated | 1990 |
| Original balance | $3.8M |
| Current balance | $3.7M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.80% |
| Current interest rate | 5.80% |
| Origination date | 06-25-2025 |
| Original term | 120 months |
| Amortization term | 480 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 06-30-2027 |
| Yield maintenance end | 03-31-2035 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
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 |
A Storage Place Yuma
| Property | A Storage Place Yuma |
| Address | 1181 South Castle Dome Avenue; Yuma, AZ 85365 |
| Property type | Self storage |
| Units, beds or keys | 560 |
| Net rentable square feet | 65,950 |
| Year built | 1990 |
| Year last renovated | not yet reported |
| Original balance | $3.5M |
| Current balance | $3.5M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.93% |
| Current interest rate | 5.93% |
| Origination date | 05-06-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-06-01 |
| Prepayment lockout end | 11-30-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $946,214 |
| Operating expenses | $354,964 |
| Net operating income | $591,250 |
| Net cash flow | $581,357 |
| DSCR (net cash flow) | 2.76 |
| DSCR (net operating income) | 2.81 |
| Occupancy | 92% |
| Servicer advances outstanding | $0 |
Tudor Arms Coop
| Property | Tudor Arms Coop |
| Address | 31 Pondfield Road West; Bronxville, NY 10708 |
| Property type | Multifamily |
| Units, beds or keys | 57 |
| Net rentable square feet | not yet reported |
| Year built | 1920 |
| Year last renovated | 1985 |
| Original balance | $3.5M |
| Current balance | $3.4M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.72% |
| Current interest rate | 5.72% |
| Origination date | 06-26-2025 |
| Original term | 120 months |
| Amortization term | 480 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 06-30-2027 |
| Yield maintenance end | 03-31-2035 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
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 |
Bronxville Towers
| Property | Bronxville Towers |
| Address | 101, 105-115 Pondfield Road 9 Tanglewylde Avenue; Bronxville, NY 10708 |
| Property type | Multifamily |
| Units, beds or keys | 68 |
| Net rentable square feet | not yet reported |
| Year built | 1921 |
| Year last renovated | 1992 |
| Original balance | $3.5M |
| Current balance | $3.4M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 5.89% |
| Current interest rate | 5.89% |
| Origination date | 05-16-2025 |
| Original term | 120 months |
| Amortization term | 240 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-06-01 |
| Prepayment lockout end | 05-31-2027 |
| Yield maintenance end | 11-30-2034 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.6M |
| Operating expenses | $2.1M |
| Net operating income | $446,248 |
| Net cash flow | $422,893 |
| DSCR (net cash flow) | 1.42 |
| DSCR (net operating income) | 1.50 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
A Storage Place Indio
| Property | A Storage Place Indio |
| Address | 83050 Avenue 45; Indio, CA 92201 |
| Property type | Self storage |
| Units, beds or keys | 563 |
| Net rentable square feet | 72,426 |
| Year built | 1988 |
| Year last renovated | not yet reported |
| Original balance | $3.0M |
| Current balance | $3.0M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 5.90% |
| Current interest rate | 5.90% |
| Origination date | 06-06-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 12-31-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $836,730 |
| Operating expenses | $589,418 |
| Net operating income | $247,312 |
| Net cash flow | $236,448 |
| DSCR (net cash flow) | 1.32 |
| DSCR (net operating income) | 1.38 |
| Occupancy | 77% |
| Servicer advances outstanding | $0 |
A Storage Place Barton Road
| Property | A Storage Place Barton Road |
| Address | 26419 Barton Road; Redlands, CA 92373 |
| Property type | Self storage |
| Units, beds or keys | 460 |
| Net rentable square feet | 57,849 |
| Year built | 1988 |
| Year last renovated | not yet reported |
| Original balance | $2.5M |
| Current balance | $2.5M (September 2026) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 5.90% |
| Current interest rate | 5.90% |
| Origination date | 06-06-2025 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 12-31-2034 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Morgan Stanley Bank, N.A. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.1M |
| Operating expenses | $395,505 |
| Net operating income | $728,201 |
| Net cash flow | $719,524 |
| DSCR (net cash flow) | 4.82 |
| DSCR (net operating income) | 4.87 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Calloway Road Storage
| Property | Calloway Road Storage |
| Address | 2605 Calloway Road; Tyler, TX 75707 |
| Property type | Self storage |
| Units, beds or keys | 492 |
| Net rentable square feet | 60,325 |
| Year built | 1999 |
| Year last renovated | not yet reported |
| Original balance | $1.6M |
| Current balance | $1.6M (September 2026) |
| Share of deal balance | 0.3% |
| Interest rate at origination | 6.81% |
| Current interest rate | 6.81% |
| Origination date | 05-09-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-06-06 |
| Prepayment lockout end | 03-05-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Change from securitization to the most recent reported valuation: 0.0%.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $548,191 |
| Operating expenses | $260,619 |
| Net operating income | $287,572 |
| Net cash flow | $280,107 |
| DSCR (net cash flow) | 2.17 |
| DSCR (net operating income) | 2.23 |
| Occupancy | 88% |
| Servicer advances outstanding | $0 |