← BMO 2022-C3 Mortgage Trust · Loan annex · CMBS market
- Deal
- BMO 2022-C3 Mortgage Trust
- Current balance
- $3.0M (September 2026)
- Share of deal
- 0.4%
- Status
- 30-59 days delinquent
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2026-11-01
Property and terms
| Property | Greenhaven Townhouses |
| Address | 1407 Spring Street; Charlotte, NC 28206 |
| Property type | Multifamily |
| Units, beds or keys | 49 |
| Net rentable square feet | not yet reported |
| Year built | 1977 |
| Year last renovated | not yet reported |
| Original balance | $3.3M |
| Current balance | $3.0M (September 2026) |
| Share of deal balance | 0.4% |
| Interest rate at origination | 4.30% |
| Current interest rate | 4.30% |
| Origination date | 10-08-2021 |
| Original term | 60 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2026-11-01 |
| Prepayment lockout end | 10-31-2024 |
| Yield maintenance end | 07-31-2026 |
| Servicer | Berkadia |
| Loan servicer | not yet reported |
| Originator | ReadyCap Commercial, LLC |
| Current status | 30-59 days delinquent |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $4.8M | 08-02-2022 | MAI |
| Most recent reported | $4.8M | 2022-08-02 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 2022 | $3.3M | Current | 4.30% | 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 2022 | $3.2M | Current | 4.30% | 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 2022 | $3.2M | Current | 4.30% | 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 2023 | $3.2M | Current | 4.30% | 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 2023 | $3.2M | Current | 4.30% | 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 2023 | $3.2M | Current | 4.30% | 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 2023 | $3.2M | Current | 4.30% | 1.04 | 1.12 | 100% | $0 | 12-31-2022 | $388,620 | $224,563 | $164,057 | $153,032 |
| May 2023 | $3.2M | Current | 4.30% | 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 2023 | $3.2M | Current | 4.30% | 0.49 | 0.57 | not yet reported | $0 | 03-31-2023 | $131,383 | $103,608 | $27,775 | $24,100 |
| July 2023 | $3.2M | Current | 4.30% | 0.49 | 0.57 | not yet reported | $0 | 03-31-2023 | $131,383 | $103,608 | $27,775 | $24,100 |
| August 2023 | $3.2M | Current | 4.30% | 0.49 | 0.57 | not yet reported | $0 | 03-31-2023 | $131,383 | $103,608 | $27,775 | $24,100 |
| September 2023 | $3.2M | Matured balloon, performing | 4.30% | 0.67 | 0.75 | not yet reported | $16,051 | 06-30-2023 | $545,904 | $399,065 | $146,839 | $132,139 |
| October 2023 | $3.2M | Current | 4.30% | 0.67 | 0.75 | not yet reported | $0 | 06-30-2023 | $545,904 | $399,065 | $146,839 | $132,139 |
| November 2023 | $3.2M | Current | 4.30% | 0.67 | 0.75 | not yet reported | $0 | 06-30-2023 | $545,904 | $399,065 | $146,839 | $132,139 |
| December 2023 | $3.2M | Current | 4.30% | 0.67 | 0.75 | not yet reported | $0 | 06-30-2023 | $545,904 | $399,065 | $146,839 | $132,139 |
| January 2024 | $3.2M | Current | 4.30% | 0.77 | 0.85 | 94% | $0 | 09-30-2023 | $539,655 | $373,292 | $166,363 | $151,663 |
| February 2024 | $3.2M | Current | 4.30% | 0.77 | 0.85 | 94% | $0 | 09-30-2023 | $539,655 | $373,292 | $166,363 | $151,663 |
| March 2024 | $3.2M | Current | 4.30% | 0.77 | 0.85 | 94% | $0 | 09-30-2023 | $539,655 | $373,292 | $166,363 | $151,663 |
| April 2024 | $3.2M | Current | 4.30% | 0.81 | 0.89 | not yet reported | $0 | 12-31-2023 | $541,319 | $366,948 | $174,371 | $159,671 |
| May 2024 | $3.2M | Current | 4.30% | 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 | $3.2M | Current | 4.30% | 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 | $3.2M | Current | 4.30% | 1.31 | 1.39 | 96% | $0 | 03-31-2024 | $138,451 | $70,550 | $67,901 | $64,226 |
| August 2024 | $3.1M | Current | 4.30% | 1.31 | 1.39 | 96% | $0 | 03-31-2024 | $138,451 | $70,550 | $67,901 | $64,226 |
| September 2024 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| October 2024 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| November 2024 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| December 2024 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| January 2025 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| February 2025 | $3.1M | Matured balloon, performing | 4.30% | 1.10 | 1.18 | 96% | $16,058 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| March 2025 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| April 2025 | $3.1M | Current | 4.30% | 1.10 | 1.18 | 96% | $0 | 06-30-2024 | $538,212 | $307,746 | $230,466 | $215,766 |
| May 2025 | $3.1M | Current | 4.30% | 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 | $3.1M | Current | 4.30% | 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 | $3.1M | Current | 4.30% | 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 | $3.1M | Matured balloon, performing | 4.30% | not yet reported | not yet reported | not yet reported | $16,061 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $3.1M | Current | 4.30% | 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 2025 | $3.1M | Current | 4.30% | 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 2025 | $3.1M | Current | 4.30% | 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 2025 | $3.1M | Current | 4.30% | 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 2026 | $3.1M | Matured balloon, non-performing | 4.30% | not yet reported | not yet reported | not yet reported | $16,063 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $3.1M | Matured balloon, performing | 4.30% | not yet reported | not yet reported | not yet reported | $16,064 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $3.1M | 30-59 days delinquent | 4.30% | not yet reported | not yet reported | not yet reported | $32,154 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $3.0M | Current | 4.30% | 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 | $3.0M | Current | 4.30% | 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 | $3.0M | Matured balloon, performing | 4.30% | not yet reported | not yet reported | not yet reported | $16,066 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $3.0M | 30-59 days delinquent | 4.30% | not yet reported | not yet reported | not yet reported | $32,140 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $3.0M | 30-59 days delinquent | 4.30% | not yet reported | not yet reported | not yet reported | $32,141 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $3.0M | 30-59 days delinquent | 4.30% | not yet reported | not yet reported | not yet reported | $32,133 | 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 |
|---|---|
| March 2026 | First reported 30 or more days delinquent |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.