← BMO 2024-5C8 Mortgage Trust · Loan annex · CMBS market
- Deal
- BMO 2024-5C8 Mortgage Trust
- Current balance
- $13.7M (September 2026)
- Share of deal
- 1.4%
- Status
- Matured balloon, non-performing
- DSCR (latest)
- 1.29
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2029-11-06
Property and terms
| Property | Paskes Brooklyn Multifamily Portfolio II |
| Address | Brooklyn, NY |
| Property type | Multifamily |
| Units, beds or keys | 23 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $13.7M |
| Current balance | $13.7M (September 2026) |
| Share of deal balance | 1.4% |
| Interest rate at origination | 6.92% |
| Current interest rate | 6.92% |
| Origination date | 11-01-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-11-06 |
| Prepayment lockout end | 07-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $20.1M | not yet reported | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2024 | $13.7M | Current | 6.92% | 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 | $13.7M | Current | 6.92% | 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 | $13.7M | Current | 6.92% | 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 | $13.7M | Current | 6.92% | 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 | $13.7M | Current | 6.92% | 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 | $13.7M | Current | 6.92% | 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 | $13.7M | Current | 6.92% | 1.35 | 1.36 | 100% | $0 | 03-31-2025 | $356,375 | $34,379 | $321,996 | $320,846 |
| July 2025 | $13.7M | Current | 6.92% | 1.35 | 1.36 | 100% | $0 | 03-31-2025 | $356,375 | $34,379 | $321,996 | $320,846 |
| August 2025 | $13.7M | Current | 6.92% | 1.35 | 1.36 | 100% | $0 | 03-31-2025 | $356,375 | $34,379 | $321,996 | $320,846 |
| September 2025 | $13.7M | Current | 6.92% | 1.33 | 1.33 | 94% | $0 | 06-30-2025 | $707,850 | $68,587 | $639,263 | $636,963 |
| October 2025 | $13.7M | Current | 6.92% | 1.33 | 1.33 | 94% | $0 | 06-30-2025 | $707,850 | $68,587 | $639,263 | $636,963 |
| November 2025 | $13.7M | Matured balloon, non-performing | 6.92% | 1.33 | 1.33 | 94% | $81,607 | 06-30-2025 | $707,850 | $68,587 | $639,263 | $636,963 |
| December 2025 | $13.7M | Current | 6.92% | 1.31 | 1.31 | 100% | $0 | 09-30-2025 | $1.1M | $102,633 | $948,188 | $944,738 |
| January 2026 | $13.7M | Matured balloon, non-performing | 6.92% | 1.31 | 1.31 | 100% | $81,607 | 09-30-2025 | $1.1M | $102,633 | $948,188 | $944,738 |
| February 2026 | $13.7M | Matured balloon, non-performing | 6.92% | 1.31 | 1.31 | 100% | $81,607 | 09-30-2025 | $1.1M | $102,633 | $948,188 | $944,738 |
| March 2026 | $13.7M | Current | 6.92% | 1.31 | 1.31 | 100% | $0 | 09-30-2025 | $1.1M | $102,633 | $948,188 | $944,738 |
| April 2026 | $13.7M | Matured balloon, non-performing | 6.92% | 1.31 | 1.31 | 100% | $81,607 | 12-31-2025 | $1.4M | $138,003 | $1.3M | $1.3M |
| May 2026 | $13.7M | Matured balloon, non-performing | 6.92% | 1.31 | 1.31 | 100% | $78,975 | 12-31-2025 | $1.4M | $138,003 | $1.3M | $1.3M |
| June 2026 | $13.7M | Matured balloon, non-performing | 6.92% | 1.31 | 1.31 | 100% | $81,607 | 03-31-2026 | $347,175 | $36,378 | $310,797 | $309,647 |
| July 2026 | $13.7M | 30-59 days delinquent | 6.92% | 1.31 | 1.31 | 100% | $160,582 | 03-31-2026 | $347,175 | $36,378 | $310,797 | $309,647 |
| August 2026 | $13.7M | Current | 6.92% | 1.31 | 1.31 | 100% | $0 | 03-31-2026 | $347,175 | $36,378 | $310,797 | $309,647 |
| September 2026 | $13.7M | Matured balloon, non-performing | 6.92% | 1.29 | 1.30 | 100% | $81,607 | 06-30-2026 | $694,140 | $71,720 | $622,420 | $620,120 |
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 |
|---|---|
| July 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.