Benchmark 2020-IG1 Mortgage Trust

Tranches, pool and monthly delinquency indicator for Benchmark 2020-IG1 Mortgage Trust.

Data as of loan data through September 2026; ratings as held in the dataset at build

Current pool balance: $653.8M (September 2026)
Original pool balance: $660.0M
Loans at issuance: 14
Closing date: 2020-02-28
Weighted average coupon at issuance: 3.26%
Weighted average LTV at issuance: 15.2%
30+ delinquent (latest): 0.00%
Realized stress score: 59.3
Net rating change since issuance: +1.08 notches

Tranches

Class	Original balance	Credit support (computed)	Coupon	CUSIP	Fitch	KBRA	S&P	Moody's	DBRS
A-1	$42.8M	93.18%	2.702% fixed	08162LAA8	AAA	AAA	not yet reported	not yet reported	not yet reported
A-2	$47.5M	85.61%	2.676% fixed	08162LAB6	AAA	AAA	not yet reported	not yet reported	not yet reported
A-3	$348.6M	30.00%	2.687% fixed	08162LAC4	AAA	AAA	not yet reported	not yet reported	not yet reported
A-S	$122.5M	10.45%	2.909% floating (WAC)	08162LAF7	AA-	AA	not yet reported	not yet reported	not yet reported
B	$35.7M	4.76%	3.111% floating (WAC)	08162LAG5	BBB-	BBB	not yet reported	not yet reported	not yet reported
C	$14.6M	2.42%	3.245% floating (WAC)	08162LAH3	BB-	B	not yet reported	not yet reported	not yet reported
D	$15.2M	0.00%	3.245% floating (WAC)	08162LAJ9	not yet reported	CCC	not yet reported	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	08162LAK6	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$561.5M	Interest only	0.509% floating	08162LAD2	AA-	AAA	not yet reported	not yet reported	not yet reported
X-B	$35.7M	Interest only	0.134% floating	08162LAE0	BBB-	AAA	not yet reported	not yet reported	not yet reported

Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.

Pool at issuance

Loans	14
Original loan balance	$699.5M
Weighted average coupon	3.26%
Weighted average LTV	15.2%
Median loan LTV	5.7%
Full-term interest only (share of balance)	100.0%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	9.2%
Five largest loans (share of balance)	40.8%
Occupancy at issuance (weighted average)	92.9%

Realized outcomes

Months reported	80
Peak 30+ delinquency	15.19% (May 2024)
Ever severe (share of original balance)	6.43%
Ever modified (share of original balance)	15.73%
Past scheduled maturity (share of original balance)	6.43%
Non-performing matured (share of original balance)	51.47%
Maximum servicer advances (share of balance)	0.16%
Median DSCR, first year	3.05
Median DSCR, latest	3.76
Realized stress score	59.3

Property types

Property type	Original balance	Share of pool
Office	$322.6M	46.1%
Retail	$105.0M	15.0%
Mixed use	$92.9M	13.3%
Industrial	$79.0M	11.3%
Lodging	$55.0M	7.9%
Multifamily	$45.0M	6.4%

Property type is reported for 100.0% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
1633 Broadway	New York, NY	$64.7M	9.2%	2.99%	2019
F5 Tower	Seattle, WA	$55.5M	7.9%	3.70%	2019
1501 Broadway	New York, NY	$55.0M	7.9%	3.03%	2019
Bellagio Hotel and Casino	Las Vegas, NV	$55.0M	7.9%	3.17%	2019
Kings Plaza	Brooklyn, NY	$55.0M	7.9%	3.36%	2019

Delinquency and stress indicator

▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)

Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.

Ratings

Classes with a CUSIP	10 of 10
Classes with a current rating in the dataset	9 of 10
Net rating change since issuance	+1.08 notches (balance-weighted)
Delinquency threshold crossed	July 2020
First downgrade	January 2023

Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.