Benchmark 2025-V17 Mortgage Trust: loan annex
Page built October 19, 2026
Loan detail for Benchmark 2025-V17 Mortgage Trust.
Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-15
← Benchmark 2025-V17 Mortgage Trust · CMBS market
Detail sections for the 22 loans of this deal that do not have a page of their own. Loans with a surveillance history, loans at or above the section's size threshold of $25.0M, and the largest loans in the deal have their own pages, linked from the loan table on the deal page. Every loan in the deal appears either here or on its own page.
VERTEX HQ
| Property | VERTEX HQ |
| Address | 11 FAN PIER BOULEVARD AND 50 NORTHERN AVENUE; Boston, MA 02210 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,134,479 |
| Year built | 2013 |
| Year last renovated | not yet reported |
| Original balance | $44.6M |
| Current balance | $21.0M (September 2026) |
| Share of deal balance | 3.3% |
| Interest rate at origination | 4.94% |
| Current interest rate | 4.94% |
| Origination date | 08-06-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-09-01 |
| Prepayment lockout end | 03-31-2030 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA, Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $56.0M |
| Operating expenses | $16.2M |
| Net operating income | $39.8M |
| Net cash flow | $39.6M |
| DSCR (net cash flow) | 1.40 |
| DSCR (net operating income) | 1.41 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
EAGLEWOOD RESORT & SPA
| Property | EAGLEWOOD RESORT & SPA |
| Address | 1401 NORDIC ROAD; Itasca, IL 60143 |
| Property type | Lodging |
| Units, beds or keys | 295 |
| Net rentable square feet | not yet reported |
| Year built | 1971 |
| Year last renovated | 2015 |
| Original balance | $18.3M |
| Current balance | $18.3M (September 2026) |
| Share of deal balance | 2.9% |
| Interest rate at origination | 6.69% |
| Current interest rate | 6.69% |
| Origination date | 08-01-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 12-05-2025 |
| Yield maintenance end | 02-05-2030 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $8.6M |
| Operating expenses | $7.5M |
| Net operating income | $1.1M |
| Net cash flow | $753,339 |
| DSCR (net cash flow) | 1.22 |
| DSCR (net operating income) | 1.77 |
| Occupancy | 53% |
| Servicer advances outstanding | $0 |
COURTYARD BOISE
| Property | COURTYARD BOISE |
| Address | 1789 SOUTH EAGLE ROAD; Meridian, ID 83642 |
| Property type | Lodging |
| Units, beds or keys | 145 |
| Net rentable square feet | not yet reported |
| Year built | 2007 |
| Year last renovated | 2024 |
| Original balance | $18.0M |
| Current balance | $18.0M (September 2026) |
| Share of deal balance | 2.9% |
| Interest rate at origination | 6.35% |
| Current interest rate | 6.35% |
| Origination date | 08-12-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-09-06 |
| Prepayment lockout end | 03-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $3.9M |
| Operating expenses | $2.4M |
| Net operating income | $1.5M |
| Net cash flow | $1.4M |
| DSCR (net cash flow) | 2.41 |
| DSCR (net operating income) | 2.68 |
| Occupancy | 80% |
| Servicer advances outstanding | $0 |
ONE JACKSON SQUARE
| Property | ONE JACKSON SQUARE |
| Address | 122 GREENWICH AVENUE; New York, NY 10011 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 8,392 |
| Year built | 2009 |
| Year last renovated | not yet reported |
| Original balance | $16.5M |
| Current balance | $16.5M (September 2026) |
| Share of deal balance | 2.6% |
| Interest rate at origination | 6.27% |
| Current interest rate | 6.27% |
| Origination date | 07-24-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 02-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $1.1M |
| Operating expenses | $322,280 |
| Net operating income | $825,892 |
| Net cash flow | $795,571 |
| DSCR (net cash flow) | 1.52 |
| DSCR (net operating income) | 1.58 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Loan 5A
| Property | Loan 5A |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $16.0M |
| Current balance | $16.0M (September 2026) |
| Share of deal balance | 2.5% |
| Interest rate at origination | 7.12% |
| Current interest rate | 7.12% |
| Origination date | 06-20-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-07-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA, Barclays Capital Real Estate Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
HILTON GARDEN INN - FAIRFAX, VA
| Property | HILTON GARDEN INN - FAIRFAX, VA |
| Address | 3950 FAIR RIDGE DRIVE; Fairfax, VA 22033 |
| Property type | Lodging |
| Units, beds or keys | 149 |
| Net rentable square feet | not yet reported |
| Year built | 2002 |
| Year last renovated | 2024 |
| Original balance | $15.2M |
| Current balance | $15.2M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 7.55% |
| Current interest rate | 7.55% |
| Origination date | 08-26-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-09-06 |
| Prepayment lockout end | 03-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
1000 PORTSIDE DRIVE
| Property | 1000 PORTSIDE DRIVE |
| Address | 1000 PORTSIDE DRIVE; Edgewater, NJ 07020 |
| Property type | Multifamily |
| Units, beds or keys | 86 |
| Net rentable square feet | not yet reported |
| Year built | 2024 |
| Year last renovated | not yet reported |
| Original balance | $15.0M |
| Current balance | $15.0M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 6.24% |
| Current interest rate | 6.24% |
| Origination date | 08-21-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-09-06 |
| Prepayment lockout end | 03-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $2.3M |
| Operating expenses | $829,379 |
| Net operating income | $1.5M |
| Net cash flow | $1.5M |
| DSCR (net cash flow) | 1.29 |
| DSCR (net operating income) | 1.30 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
330 MELROSE
| Property | 330 MELROSE |
| Address | 330 MELROSE STREET; Brooklyn, NY 11237 |
| Property type | Multifamily |
| Units, beds or keys | 54 |
| Net rentable square feet | not yet reported |
| Year built | 1931 |
| Year last renovated | 2025 |
| Original balance | $15.0M |
| Current balance | $15.0M (September 2026) |
| Share of deal balance | 2.4% |
| Interest rate at origination | 6.19% |
| Current interest rate | 6.19% |
| Origination date | 07-30-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 02-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
ALOFT CLEVELAND AIRPORT
| Property | ALOFT CLEVELAND AIRPORT |
| Address | 5550 GREAT NORTHERN BOULEVARD; North Olmsted, OH 44070 |
| Property type | Lodging |
| Units, beds or keys | 137 |
| Net rentable square feet | not yet reported |
| Year built | 2017 |
| Year last renovated | not yet reported |
| Original balance | $14.0M |
| Current balance | $14.0M (September 2026) |
| Share of deal balance | 2.2% |
| Interest rate at origination | 6.76% |
| Current interest rate | 6.76% |
| Origination date | 07-29-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 02-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $1.3M |
| Operating expenses | $1.2M |
| Net operating income | $163,858 |
| Net cash flow | $110,935 |
| DSCR (net cash flow) | 0.47 |
| DSCR (net operating income) | 0.69 |
| Occupancy | 67% |
| Servicer advances outstanding | $0 |
White Plains Linen
| Property | White Plains Linen |
| Address | Peekskill, NY |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $13.1M |
| Current balance | $13.1M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 6.28% |
| Current interest rate | 6.28% |
| Origination date | 08-01-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 02-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
PARSIPPANY OFFICE PORTFOLIO
| Property | PARSIPPANY OFFICE PORTFOLIO |
| Address | 4 AND 6 CENTURY DRIVE; Parsippany, NJ 07054 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 188,319 |
| Year built | 1978 |
| Year last renovated | not yet reported |
| Original balance | $12.0M |
| Current balance | $12.0M (September 2026) |
| Share of deal balance | 1.9% |
| Interest rate at origination | 6.60% |
| Current interest rate | 6.60% |
| Origination date | 07-17-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 05-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $979,765 |
| Operating expenses | $570,740 |
| Net operating income | $409,025 |
| Net cash flow | $327,057 |
| DSCR (net cash flow) | 1.65 |
| DSCR (net operating income) | 2.07 |
| Occupancy | 82% |
| Servicer advances outstanding | $0 |
Loan 1A
| Property | Loan 1A |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $10.0M |
| Current balance | $10.0M (September 2026) |
| Share of deal balance | 1.6% |
| Interest rate at origination | 5.33% |
| Current interest rate | 5.33% |
| Origination date | 07-29-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
215-217 SOUTH 4TH STREET
| Property | 215-217 SOUTH 4TH STREET |
| Address | 215-217 SOUTH 4TH STREET; Brooklyn, NY 11211 |
| Property type | Multifamily |
| Units, beds or keys | 15 |
| Net rentable square feet | not yet reported |
| Year built | 1900 |
| Year last renovated | 2025 |
| Original balance | $9.7M |
| Current balance | $9.7M (September 2026) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 6.19% |
| Current interest rate | 6.19% |
| Origination date | 07-24-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-08-06 |
| Prepayment lockout end | 02-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $51,683 |
OLD SEWARD
| Property | OLD SEWARD |
| Address | 4831 OLD SEWARD HIGHWAY; Anchorage, AK 99503 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 102,565 |
| Year built | 1983 |
| Year last renovated | not yet reported |
| Original balance | $9.6M |
| Current balance | $9.6M (September 2026) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 5.97% |
| Current interest rate | 5.97% |
| Origination date | 08-12-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-09-06 |
| Prepayment lockout end | 06-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
322 GRAND CONCOURSE
| Property | 322 GRAND CONCOURSE |
| Address | 322 GRAND CONCOURSE; Bronx, NY 10451 |
| Property type | Multifamily |
| Units, beds or keys | 151 |
| Net rentable square feet | not yet reported |
| Year built | 2023 |
| Year last renovated | not yet reported |
| Original balance | $17.5M |
| Current balance | $8.8M (September 2026) |
| Share of deal balance | 1.4% |
| Interest rate at origination | 6.30% |
| Current interest rate | 6.30% |
| Origination date | 06-12-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-07-06 |
| Prepayment lockout end | 02-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Greystone Select Company II LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $1.6M |
| Operating expenses | $174,892 |
| Net operating income | $1.4M |
| Net cash flow | $1.4M |
| DSCR (net cash flow) | 1.24 |
| DSCR (net operating income) | 1.25 |
| Occupancy | 99% |
| Servicer advances outstanding | $0 |
Loan 13A
| Property | Loan 13A |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $8.8M |
| Current balance | $8.8M (September 2026) |
| Share of deal balance | 1.4% |
| Interest rate at origination | 6.30% |
| Current interest rate | 6.30% |
| Origination date | 06-12-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-07-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Greystone Select Company II LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
GATEWAY INDUSTRIAL CENTER
| Property | GATEWAY INDUSTRIAL CENTER |
| Address | 12601 AND 12701 SOUTHFIELD FREEWAY; Detroit, MI 48223 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,441,839 |
| Year built | 1948 |
| Year last renovated | 2023 |
| Original balance | $8.2M |
| Current balance | $8.2M (September 2026) |
| Share of deal balance | 1.3% |
| Interest rate at origination | 6.74% |
| Current interest rate | 6.74% |
| Origination date | 06-09-2025 |
| Original term | 61 months |
| Amortization term | not yet reported |
| Interest-only period | 61 months |
| Scheduled maturity | 2030-07-06 |
| Prepayment lockout end | 01-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $2.5M |
| Operating expenses | $1.2M |
| Net operating income | $1.2M |
| Net cash flow | $1.1M |
| DSCR (net cash flow) | 0.69 |
| DSCR (net operating income) | 0.78 |
| Occupancy | 72% |
| Servicer advances outstanding | $0 |
ILPT 2025 Portfolio
| Property | ILPT 2025 Portfolio |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $7.0M |
| Current balance | $7.0M (September 2026) |
| Share of deal balance | 1.1% |
| Interest rate at origination | 5.38% |
| Current interest rate | 5.38% |
| Origination date | 06-26-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-07-09 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 01-08-2030 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Bank of Montreal |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $26.9M |
| Operating expenses | $6.2M |
| Net operating income | $20.8M |
| Net cash flow | $19.7M |
| DSCR (net cash flow) | 1.22 |
| DSCR (net operating income) | 1.28 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
ATRIUM II
| Property | ATRIUM II |
| Address | 3030 WEST SALT CREEK LANE; Arlington Heights, IL 60005 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 101,321 |
| Year built | 1984 |
| Year last renovated | 2024 |
| Original balance | $5.5M |
| Current balance | $5.5M (September 2026) |
| Share of deal balance | 0.9% |
| Interest rate at origination | 6.19% |
| Current interest rate | 6.19% |
| Origination date | 07-01-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-07-06 |
| Prepayment lockout end | 01-05-2030 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | German American Capital Corporation |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | 06-30-2026 |
| Revenue | $981,925 |
| Operating expenses | $492,012 |
| Net operating income | $489,913 |
| Net cash flow | $426,587 |
| DSCR (net cash flow) | 2.48 |
| DSCR (net operating income) | 2.85 |
| Occupancy | 91% |
| Servicer advances outstanding | $0 |
16-10 CAFFREY
| Property | 16-10 CAFFREY |
| Address | 16-10 CAFFREY AVENUE; Far Rockaway, NY 11691 |
| Property type | Multifamily |
| Units, beds or keys | 20 |
| Net rentable square feet | not yet reported |
| Year built | 1962 |
| Year last renovated | 2017 |
| Original balance | $4.2M |
| Current balance | $4.2M (September 2026) |
| Share of deal balance | 0.7% |
| Interest rate at origination | 6.62% |
| Current interest rate | 6.62% |
| Origination date | 08-21-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-09-06 |
| Prepayment lockout end | 10-05-2027 |
| Yield maintenance end | 05-05-2030 |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | DBR Investments Co. Limited |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Latest financials
| Financial period end (latest) | 03-31-2026 |
| Revenue | $151,589 |
| Operating expenses | $45,489 |
| Net operating income | $106,100 |
| Net cash flow | $104,850 |
| DSCR (net cash flow) | 1.49 |
| DSCR (net operating income) | 1.51 |
| Occupancy | 100% |
| Servicer advances outstanding | $0 |
Loan 5B
| Property | Loan 5B |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $4.0M |
| Current balance | $4.0M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 7.12% |
| Current interest rate | 7.12% |
| Origination date | 06-20-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-07-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA, Barclays Capital Real Estate Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |
THE LINK
| Property | THE LINK |
| Address | 200 ELM STREET AND 695 EAST MAIN STREET; Stamford, CT 06901 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 558,040 |
| Year built | 1984 |
| Year last renovated | 2023 |
| Original balance | $3.5M |
| Current balance | $3.5M (September 2026) |
| Share of deal balance | 0.6% |
| Interest rate at origination | 7.38% |
| Current interest rate | 7.38% |
| Origination date | 02-26-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-03-06 |
| Prepayment lockout end | 11-05-2029 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | DBR Investments Co. Limited |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
Largest tenants
The three largest tenants as reported in the latest asset-level record.
Latest financials
| Financial period end (latest) | not yet reported |
| Revenue | not yet reported |
| Operating expenses | not yet reported |
| Net operating income | not yet reported |
| Net cash flow | not yet reported |
| DSCR (net cash flow) | not yet reported |
| DSCR (net operating income) | not yet reported |
| Occupancy | not yet reported |
| Servicer advances outstanding | $0 |