← Benchmark 2024-V5 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2024-V5 Mortgage Trust
- Current balance
- $55.5M (September 2026)
- Share of deal
- 6.3%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2028-12-06
Property and terms
| Property | Loan 6 |
| Address | not yet reported |
| Property type | SE |
| 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 | $55.5M |
| Current balance | $55.5M (September 2026) |
| Share of deal balance | 6.3% |
| Interest rate at origination | 4.50% |
| Current interest rate | 4.50% |
| Origination date | 12-06-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-12-06 |
| Prepayment lockout end | 06-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | Yes |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $94.6M | 06-22-2023 | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| January 2024 | $55.5M | Current | 4.50% | 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 |
| February 2024 | $55.5M | Current | 4.50% | 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 2024 | $55.5M | Current | 4.50% | 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 2024 | $55.5M | Current | 4.50% | 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 2024 | $55.5M | Current | 4.50% | 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 2024 | $55.5M | Current | 4.50% | 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 2024 | $55.5M | Current | 4.50% | 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 |
| August 2024 | $55.5M | Current | 4.50% | 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 |
| September 2024 | $55.5M | Current | 4.50% | 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 |
| October 2024 | $55.5M | Current | 4.50% | 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 |
| November 2024 | $55.5M | Current | 4.50% | 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 |
| December 2024 | $55.5M | Current | 4.50% | 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 |
| January 2025 | $55.5M | Current | 4.50% | 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 |
| February 2025 | $55.5M | Current | 4.50% | 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 2025 | $55.5M | Current | 4.50% | 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 2025 | $55.5M | Current | 4.50% | 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 2025 | $55.5M | Current | 4.50% | 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 2025 | $55.5M | Current | 4.50% | 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 2025 | $55.5M | Current | 4.50% | 2.28 | 2.32 | 66% | $0 | 03-31-2025 | $9.4M | $3.6M | $5.9M | $5.8M |
| August 2025 | $55.5M | Current | 4.50% | 2.28 | 2.32 | 66% | $0 | 03-31-2025 | $9.4M | $3.6M | $5.9M | $5.8M |
| September 2025 | $55.5M | Current | 4.50% | 2.28 | 2.32 | 66% | $0 | 03-31-2025 | $9.4M | $3.6M | $5.9M | $5.8M |
| October 2025 | $55.5M | Current | 4.50% | 2.28 | 2.32 | 70% | $0 | 03-31-2025 | $9.4M | $3.6M | $5.9M | $5.8M |
| November 2025 | $55.5M | Current | 4.50% | 2.32 | 2.37 | 70% | $0 | 06-30-2025 | $9.5M | $3.5M | $6.0M | $5.9M |
| December 2025 | $55.5M | Current | 4.50% | 2.32 | 2.37 | 70% | $0 | 06-30-2025 | $9.5M | $3.5M | $6.0M | $5.9M |
| January 2026 | $55.5M | Current | 4.50% | 2.32 | 2.37 | 70% | $0 | 06-30-2025 | $9.5M | $3.5M | $6.0M | $5.9M |
| February 2026 | $55.5M | Current | 4.50% | 2.32 | 2.37 | 70% | $0 | 06-30-2025 | $9.5M | $3.5M | $6.0M | $5.9M |
| March 2026 | $55.5M | Current | 4.50% | 2.32 | 2.37 | 70% | $0 | 06-30-2025 | $9.5M | $3.5M | $6.0M | $5.9M |
| April 2026 | $55.5M | Current | 4.50% | 2.32 | 2.37 | 70% | $0 | 06-30-2025 | $9.5M | $3.5M | $6.0M | $5.9M |
| May 2026 | $55.5M | Current | 4.50% | 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 | $55.5M | Current | 4.50% | 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 | $55.5M | Current | 4.50% | 2.00 | 2.04 | 62% | $0 | 03-31-2026 | $2.2M | $902,480 | $1.3M | $1.3M |
| August 2026 | $55.5M | Current | 4.50% | 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 |
| September 2026 | $55.5M | Current | 4.50% | 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.
Status timeline
| Date | Event |
|---|---|
| 2026-08-06 | Defeasance recorded (first filing showing defeased status) |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.