← AXDB 2026-MULT1 Mortgage Trust · Loan annex · CMBS market
- Deal
- AXDB 2026-MULT1 Mortgage Trust
- Current balance
- $33.3M (October 2026)
- Share of deal
- 6.1%
- Status
- Matured balloon, performing
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2031-10-01
Property and terms
| Property | Marine Terrace |
| Address | 4180 North Marine Drive; Chicago, IL 60613 |
| Property type | Multifamily |
| Units, beds or keys | 190 |
| Net rentable square feet | not yet reported |
| Year built | 1950 |
| Year last renovated | 2025 |
| Original balance | $33.3M |
| Current balance | $33.3M (October 2026) |
| Share of deal balance | 6.1% |
| Interest rate at origination | 6.36% |
| Current interest rate | 6.36% |
| Origination date | 09-09-2026 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2031-10-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 06-30-2031 |
| Servicer | Walker |
| Loan servicer | not yet reported |
| Originator | AxLender (DX) Subsidiary LLC |
| Current status | Matured balloon, performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $53.3M | 07-31-2026 | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 2026 | $33.3M | Matured balloon, performing | 6.36% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.