Debt & Maturity Wall
Every loan, every covenant, and the refi cliff — visualized before it's urgent.
$96.5M matures ≤ 24 mo
Total debt
$282.4M
13 loans
Weighted rate
4.98%
Maturing ≤ 24 mo
$96.5M
5 loans
Watchlist
4
floating or DSCR < 1.25
Maturity wall
Loan balances by maturity year
$64.5M
’262026
$32M
’272027
$18M
’282028
$52.4M
’292029
$33.1M
’302030
$38.4M
’312031
$44M
’322032
The 2026 stack is the story: Bayline's bridge (7.35%), Lakemont, and Ybor Works — all floating. Bayline is two occupancy points from an agency take-out worth ~$485,000/yr.
| Property | Lender | Balance | Rate | Type | Maturity | DSCR | LTV |
|---|---|---|---|---|---|---|---|
| Lakemont Grove | Regions Bank | $28.2M | 6.4% | Floating | 2026 Q4 | 1.29 | 61% |
| Bayline Lofts | Truist (bridge) | $27.7M | 7.35% | Floating | 2026 Q2 | 1.12 | 70% |
| Ybor Works | Seacoast Bank | $8.6M | 6.15% | Floating | 2026 Q3 | 1.27 | 58% |
| Cypress Landing | Synovus | $16.6M | 6.85% | Floating | 2027 Q2 | 1.24 | 60% |
| Westshore Exchange | MetLife | $15.4M | 4.6% | Fixed | 2027 Q4 | 1.31 | 63% |
| Gateway Commerce Center | Valley National | $8.9M | 5.2% | Fixed | 2028 Q1 | 1.72 | 56% |
| Fowler Retail Commons | Synovus | $9.1M | 5.45% | Fixed | 2028 Q3 | 1.62 | 60% |
| Solara Riverview | Freddie Mac SBL | $24.9M | 4.18% | Fixed | 2029 Q1 | 1.38 | 65% |
| Sawgrass Station | Fannie Mae DUS | $27.5M | 4.05% | Fixed | 2029 Q3 | 1.41 | 65% |
| Orange & Vine | Freddie Mac | $33.1M | 3.71% | Fixed | 2030 Q2 | 1.52 | 63% |
| The Banyan at Westshore | Fannie Mae DUS | $38.4M | 3.42% | Fixed | 2031 Q3 | 1.61 | 62% |
| Palmetto Flats | Fannie Mae DUS | $26.8M | 4.96% | Fixed | 2032 Q4 | 1.55 | 65% |
| Orlando Tech Row | JPMorgan | $17.2M | 5.05% | Fixed | 2032 Q1 | 1.44 | 65% |
| Pinellas Trade Park | Free & clear | — | — | Free & clear | — | — | — |