← BMO 2024-C9 Mortgage Trust · Loan annex · CMBS market
- Deal
- BMO 2024-C9 Mortgage Trust
- Current balance
- $5.0M (September 2026)
- Share of deal
- 0.5%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2033-11-01
Property and terms
| Property | Arundel Mills And Marketplace |
| Address | 7000 and 7600 Arundel Mills Circle; Hanover, MD 21076 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,938,983 |
| Year built | 2000 |
| Year last renovated | not yet reported |
| Original balance | $5.0M |
| Current balance | $5.0M (September 2026) |
| Share of deal balance | 0.5% |
| Interest rate at origination | 7.70% |
| Current interest rate | 7.70% |
| Origination date | 10-05-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-11-01 |
| Prepayment lockout end | 05-31-2033 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo |
| Loan servicer | not yet reported |
| Originator | Société Générale Financial Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $870.6M | 09-01-2023 | MAI |
| Most recent reported | $870.6M | 2023-09-01 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Live Casino Hotel Maryland | 541,193 | 07-13-2115 |
| Bass Pro Shops Outdoor World | 127,672 | 10-03-2026 |
| Cinemark Theatres | 107,190 | 12-31-2030 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| July 2024 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | 30-59 days delinquent | 7.70% | not yet reported | not yet reported | not yet reported | $66,282 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 2.03 | 2.11 | not yet reported | $0 | 12-31-2024 | $77.1M | $17.6M | $59.5M | $57.1M |
| May 2025 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 1.93 | 2.02 | 99% | $0 | 06-30-2025 | $75.0M | $18.4M | $56.6M | $54.2M |
| November 2025 | $5.0M | Current | 7.70% | 1.93 | 2.02 | 99% | $0 | 06-30-2025 | $75.0M | $18.4M | $56.6M | $54.2M |
| December 2025 | $5.0M | Current | 7.70% | 1.93 | 2.02 | 99% | $0 | 06-30-2025 | $75.0M | $18.4M | $56.6M | $54.2M |
| January 2026 | $5.0M | Current | 7.70% | 1.93 | 2.02 | 99% | $0 | 06-30-2025 | $75.0M | $18.4M | $56.6M | $54.2M |
| February 2026 | $5.0M | Current | 7.70% | 1.99 | 2.07 | 99% | $0 | 09-30-2025 | $77.0M | $18.7M | $58.3M | $55.9M |
| March 2026 | $5.0M | Matured balloon, non-performing | 7.70% | 1.99 | 2.07 | 99% | $29,934 | 09-30-2025 | $77.0M | $18.7M | $58.3M | $55.9M |
| April 2026 | $5.0M | Current | 7.70% | 1.99 | 2.07 | 99% | $0 | 09-30-2025 | $77.0M | $18.7M | $58.3M | $55.9M |
| May 2026 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 2026 | $5.0M | Current | 7.70% | 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 | $5.0M | Current | 7.70% | 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 |
|---|---|
| September 2024 | First reported 30 or more days delinquent |
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: Bank 2024-BNK47; BBCMS Mortgage Trust 2024-C24; BBCMS Mortgage Trust 2024-C24; BBCMS Mortgage Trust 2024-C24; BBCMS Mortgage Trust 2024-C24; BBCMS Mortgage Trust 2024-C26; Benchmark 2023-B40 Mortgage Trust; BMO 2023-C7 Mortgage Trust; BMO 2024-C8 Mortgage Trust; MSWF Commercial Mortgage Trust 2023-2.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.