← Benchmark 2024-V9 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2024-V9 Mortgage Trust
- Current balance
- $85.0M (September 2026)
- Share of deal
- 9.5%
- Status
- Current
- DSCR (latest)
- 1.43
- Occupancy (latest)
- 64%
- Scheduled maturity
- 2029-07-06
Property and terms
| Property | 1702 East Highway 44 (and 28 more properties) |
| Address | 1702 East Highway 44; 6 Mulberry Way a/k/a 7520 County Road 203; 10038 South New Era Road; 2395 Downing Avenue; 3221 McKown Road; 306 Ryan Drive; 113 Paintbrush Street; 50 Reliance Road; 100 100 Carol Road a/k/a Skeetfield Road; 432 Mechanic Street 431 Gratiot Avenue, 1423 Franklin Street; 2928 Alpine Road; 136 Brannon Drive; 8528 Hwy 146 7524 FM 3180; 10B Kenwood Terrace a/ka/10B Terrace Street & 954 Frankie Lane; 650 Interstate 10 South; 203 Highway 90 2319 Henderson Street; 87 White Frost Drive a/k/a 12 & 51 Coronet Drive; 8056 Highway 49 North; 120 North I Road; 4101 Gordon Road; 4455 Oak Crest Hill Southeast; 1120 Pass Road 9470 Creosote Road; 401 30th Street NW; 8990 Moffett Road 11140 Moffett Road, Wilmer AL; 133 Country Manor Road; 4271 Raleigh Lagrange Road; 5061 Oak Grove Road; 840 S. Main Street a/ka/ 983 Main Street; 3301 Highway 90; Rapid City, SD (and 28 more) 57703 |
| Property type | Multiple property types |
| Units, beds or keys | ["206", "129", "202", "153", "137", "881", "558", "124", "552", "461", "454", "293", "444", "112", "350", "364", "470", "123", "251"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $85.0M |
| Current balance | $85.0M (September 2026) |
| Share of deal balance | 9.5% |
| Interest rate at origination | 5.71% |
| Current interest rate | 5.71% |
| Origination date | 07-03-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-07-06 |
| Prepayment lockout end | 01-05-2029 |
| 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 | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $166.4M | not yet reported | 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"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2024 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 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 2025 | $85.0M | Current | 5.71% | 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 2025 | $85.0M | Current | 5.71% | 1.87 | 1.92 | 57% | $0 | 03-31-2025 | $4.3M | $1.9M | $2.4M | $2.3M |
| October 2025 | $85.0M | Current | 5.71% | 1.77 | 1.82 | 57% | $0 | 06-30-2025 | $17.1M | $8.1M | $8.9M | $8.7M |
| November 2025 | $85.0M | Current | 5.71% | 2.10 | 2.16 | 59% | $0 | 09-30-2025 | $17.3M | $9.1M | $8.1M | $7.9M |
| December 2025 | $85.0M | Current | 5.71% | 2.10 | 2.16 | 59% | $0 | 09-30-2025 | $17.3M | $9.1M | $8.1M | $7.9M |
| January 2026 | $85.0M | Current | 5.71% | 2.10 | 2.16 | 59% | $0 | 09-30-2025 | $17.3M | $9.1M | $8.1M | $7.9M |
| February 2026 | $85.0M | Current | 5.71% | 2.53 | 2.59 | 58% | $0 | 12-31-2025 | $18.5M | $8.7M | $9.8M | $9.5M |
| March 2026 | $85.0M | Current | 5.71% | 2.53 | 2.59 | 58% | $0 | 12-31-2025 | $18.5M | $8.7M | $9.8M | $9.5M |
| April 2026 | $85.0M | Current | 5.71% | 2.53 | 2.59 | 58% | $0 | 12-31-2025 | $18.5M | $8.7M | $9.8M | $9.5M |
| May 2026 | $85.0M | Current | 5.71% | 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 | $85.0M | Current | 5.71% | 1.77 | 1.82 | 56% | $0 | 03-31-2026 | $4.5M | $2.3M | $2.2M | $2.2M |
| July 2026 | $85.0M | Current | 5.71% | 1.77 | 1.82 | 56% | $0 | 03-31-2026 | $4.5M | $2.3M | $2.2M | $2.2M |
| August 2026 | $85.0M | Current | 5.71% | 1.77 | 1.82 | 64% | $0 | 03-31-2026 | $4.5M | $2.3M | $2.2M | $2.2M |
| September 2026 | $85.0M | Current | 5.71% | 1.43 | 1.50 | 64% | $0 | 06-30-2026 | $12.3M | $6.6M | $5.6M | $5.4M |
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.