Sunset Landing
In its monthly loan-level report to the SEC for the period ending October 13, 2026 (Form ABS-EE, filed November 2, 2026), BMO 2022-C3 Mortgage Trust reported the loan secured by Sunset Landing in Bridgman, MI as in bankruptcy (the servicer's workout strategy is the borrower's bankruptcy case). In the trust's previous monthly report the loan was in foreclosure.
The same loan is secured by 2 other properties, including Sunset Dunes, Bridgman, MI; Sunset Estates, Bridgman, MI.
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.
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Other distressed CMBS properties in MI
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.