Property
South Carolina Industrial
Address
260 Midway Drive, Union, SC 29379
Property type
Industrial
Status reported
In foreclosure
Previous month
No foreclosure, bankruptcy or REO reported
Reporting period ending
August 11, 2026
Loan balance
$40,000,000
Payment status
90+ days delinquent
Paid through
October 5, 2025
In special servicing since
November 11, 2025
CMBS trust
BMO 2024-C10 Mortgage Trust

In its monthly loan-level report to the SEC for the period ending August 11, 2026 (Form ABS-EE, filed October 1, 2026), BMO 2024-C10 Mortgage Trust reported the loan secured by South Carolina Industrial in Union, SC as in foreclosure. In the trust's previous monthly report the loan was not in foreclosure, bankruptcy or REO.

This is the loan servicer's report, not a court record: it gives no case number, and it usually trails the underlying event by a month or two. Whether a foreclosure runs through a court depends on the state. CREdocket lists the property and the trust only, never the borrower.

Weekly email

New on CREdocket, every Monday

The week's new commercial real estate lawsuits, rulings in cases we follow, and market signals. Free; unsubscribe in one click.

Want an email when one of your own tenants, borrowers or guarantors is sued? Add it to your portfolio. Facing a dispute like this one? Estimate its value.

Share LinkedIn Email

From the trust's Exhibit 102 asset data file (SEC Regulation AB, Schedule AL), compared with its previous month's file. Figures are as reported by the servicer. Not legal or investment advice. Something wrong here? Tell us and we will correct it.