← BBCMS Mortgage Trust 2026-5C40 · Loan annex · CMBS market
- Deal
- BBCMS Mortgage Trust 2026-5C40
- Current balance
- $50.0M (September 2026)
- Share of deal
- 6.0%
- Status
- Current
- DSCR (latest)
- 2.06
- Occupancy (latest)
- 94%
- Scheduled maturity
- 2031-01-06
Property and terms
| Property | ActivSpace Portfolio (and 9 more properties) |
| Address | 3150 18th Street; 2703 Seventh St.; 3400 Harbor Avenue Southwest; 1500 NW 18th Ave; 700 NW 42nd Street; 10015 Lake City Way NE; 833 SE Main St.; 1720 NW Lovejoy St.; 4817 Aurora Avenue North; 4020 Leary West Northwest; San Francisco, CA (and 9 more) 94110 |
| Property type | Self storage |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2003", "2004"] |
| Original balance | $50.0M |
| Current balance | $50.0M (September 2026) |
| Share of deal balance | 6.0% |
| Interest rate at origination | 0.06% |
| Current interest rate | 5.74% |
| Origination date | 12-09-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2031-01-06 |
| Prepayment lockout end | 10-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $118.7M | 10-01-2025 | MAI |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2026 | $50.0M | Current | 5.74% | 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 |
| March 2026 | $50.0M | Current | 5.74% | 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 |
| April 2026 | $50.0M | Current | 5.74% | 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 |
| May 2026 | $50.0M | Current | 5.74% | 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 |
| June 2026 | $50.0M | Current | 5.74% | 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 |
| July 2026 | $50.0M | Current | 5.74% | 2.06 | 2.08 | not yet reported | $0 | 03-31-2026 | $2.8M | $645,055 | $2.1M | $2.1M |
| August 2026 | $50.0M | Current | 5.74% | 2.06 | 2.08 | not yet reported | $0 | 03-31-2026 | $2.8M | $645,055 | $2.1M | $2.1M |
| September 2026 | $50.0M | Current | 5.74% | 2.06 | 2.08 | 94% | $0 | 03-31-2026 | $2.8M | $645,055 | $2.1M | $2.1M |
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.