← BMO 2024-5C8 Mortgage Trust · Loan annex · CMBS market
- Deal
- BMO 2024-5C8 Mortgage Trust
- Current balance
- $12.2M (September 2026)
- Share of deal
- 1.2%
- Status
- 30-59 days delinquent
- DSCR (latest)
- 1.48
- Occupancy (latest)
- 89%
- Scheduled maturity
- 2029-12-01
Property and terms
| Property | RIO SPRINGS APARTMENTS |
| Address | 2800 WEST HUTCHINS PLACE; San Antonio, TX 78224 |
| Property type | Multifamily |
| Units, beds or keys | 240 |
| Net rentable square feet | not yet reported |
| Year built | 1984 |
| Year last renovated | 2023 |
| Original balance | $12.2M |
| Current balance | $12.2M (September 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 6.69% |
| Current interest rate | 6.69% |
| Origination date | 11-18-2024 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2029-12-01 |
| Prepayment lockout end | 12-31-2025 |
| Yield maintenance end | 05-31-2029 |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | 30-59 days delinquent |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $18.3M | 10-15-2024 | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2024 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 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 | $12.2M | Current | 6.69% | 1.25 | 1.32 | 90% | $0 | 03-31-2025 | $629,179 | $359,701 | $269,478 | $254,478 |
| August 2025 | $12.2M | Current | 6.69% | 1.25 | 1.32 | 90% | $0 | 03-31-2025 | $629,179 | $359,701 | $269,478 | $254,478 |
| September 2025 | $12.2M | Current | 6.69% | 1.45 | 1.52 | 88% | $0 | 06-30-2025 | $1.3M | $670,564 | $629,092 | $599,092 |
| October 2025 | $12.2M | Current | 6.69% | 1.45 | 1.52 | 88% | $0 | 06-30-2025 | $1.3M | $670,564 | $629,092 | $599,092 |
| November 2025 | $12.2M | Current | 6.69% | 1.45 | 1.52 | 88% | $0 | 06-30-2025 | $1.3M | $670,564 | $629,092 | $599,092 |
| December 2025 | $12.2M | Matured balloon, non-performing | 6.69% | 1.45 | 1.52 | 88% | $67,990 | 06-30-2025 | $1.3M | $670,564 | $629,092 | $599,092 |
| January 2026 | $12.2M | Matured balloon, non-performing | 6.69% | 1.48 | 1.56 | 88% | $70,256 | 09-30-2025 | $1.9M | $949,336 | $967,049 | $922,049 |
| February 2026 | $12.2M | Matured balloon, non-performing | 6.69% | 1.48 | 1.56 | 88% | $70,256 | 09-30-2025 | $1.9M | $949,336 | $967,049 | $922,049 |
| March 2026 | $12.2M | Matured balloon, non-performing | 6.69% | 1.48 | 1.56 | 88% | $63,457 | 09-30-2025 | $1.9M | $949,336 | $967,049 | $922,049 |
| April 2026 | $12.2M | Matured balloon, non-performing | 6.69% | 1.48 | 1.56 | 88% | $70,256 | 09-30-2025 | $1.9M | $949,336 | $967,049 | $922,049 |
| May 2026 | $12.2M | Matured balloon, non-performing | 6.69% | 1.48 | 1.56 | 88% | $67,990 | 09-30-2025 | $1.9M | $949,336 | $967,049 | $922,049 |
| June 2026 | $12.2M | Matured balloon, non-performing | 6.69% | 1.48 | 1.56 | 89% | $70,256 | 12-31-2025 | $2.5M | $1.3M | $1.3M | $1.2M |
| July 2026 | $12.2M | 30-59 days delinquent | 6.69% | 1.48 | 1.56 | 89% | $138,245 | 12-31-2025 | $2.5M | $1.3M | $1.3M | $1.2M |
| August 2026 | $12.2M | 30-59 days delinquent | 6.69% | 1.48 | 1.56 | 89% | $138,245 | 12-31-2025 | $2.5M | $1.3M | $1.3M | $1.2M |
| September 2026 | $12.2M | 30-59 days delinquent | 6.69% | 1.48 | 1.56 | 89% | $140,512 | 12-31-2025 | $2.5M | $1.3M | $1.3M | $1.2M |
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.