- Current pool balance
- $1.24B (September 2026)
- Original pool balance
- $1.33B
- Loans at issuance
- 60
- Closing date
- 2020-01-30
- Weighted average coupon at issuance
- 3.55%
- Weighted average LTV at issuance
- 67.6%
- 30+ delinquent (latest)
- 0.00%
- Realized stress score
- 46.3
- Net rating change since issuance
- +0.00 notches
Tranches
| Class | Original balance | Credit support (computed) | Coupon | CUSIP | Fitch | KBRA | S&P | Moody's | DBRS |
|---|---|---|---|---|---|---|---|---|---|
| A-1 | $19.5M | 98.56% | 2.019% fixed | 36258YBC1 | PIF | not yet reported | NR | not yet reported | Discontinued |
| A-2 | $86.3M | 92.20% | 2.897% fixed | 36258YBD9 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| A-3 | $13.1M | 91.23% | 2.638% fixed | 36258YBE7 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| A-4 | $250.0M | 72.80% | 2.658% fixed | 36258YBF4 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| A-5 | $496.2M | 36.22% | 2.910% fixed | 36258YBG2 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| A-AB | $38.5M | 33.38% | 2.842% fixed | 36258YBH0 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| A-S | $146.8M | 22.56% | 3.173% fixed | 36258YBL1 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| B | $64.5M | 17.80% | 3.405% fixed | 36258YBM9 | AA- | not yet reported | AA- (sf) | not yet reported | AA (low) (sf) |
| C | $48.4M | 14.23% | 3.539% floating | 36258YBN7 | A- | not yet reported | NRprelim | not yet reported | A (low) (sf) |
| D | $30.7M | 11.97% | 2.850% fixed | 36258YAA6 | BBB | not yet reported | NR | not yet reported | BBB (high) (sf) |
| E | $19.4M | 10.54% | 2.850% fixed | 36258YAE8 | BBB- | not yet reported | NRprelim | not yet reported | BBB (low) (sf) |
| F-RR | $25.8M | 8.64% | 3.539% floating | 36258YAH1 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| G-RR | $12.9M | 7.69% | 3.539% floating | 36258YAK4 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| H-RR | $38.7M | 4.83% | 3.539% floating | 36258YAM0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| R | not yet reported | not yet reported | not yet reported | 36258YAQ1 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| S | not yet reported | not yet reported | not yet reported | 36258YAP3 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| SW-A | $11.7M | 3.97% | 3.218% floating | 36258YAS7 | not yet reported | not yet reported | NRprelim | not yet reported | A (low) (sf) |
| SW-B | $16.8M | 2.73% | 3.218% floating | 36258YAU2 | not yet reported | not yet reported | NRprelim | not yet reported | BBB (low) (sf) |
| SW-C | $18.4M | 1.37% | 3.218% floating | 36258YAW8 | not yet reported | not yet reported | NR | not yet reported | BB (low) (sf) |
| SW-D | $15.4M | 0.24% | 3.218% floating | 36258YAY4 | not yet reported | not yet reported | NRprelim | not yet reported | B (low) (sf) |
| SW-VR | $3.3M | 0.00% | not yet reported | 36258YBB3 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| X-A | $1.05B | Interest only | 0.675% floating | 36258YBJ6 | AAA | not yet reported | AAA (sf) | not yet reported | AAA (sf) |
| X-B | $64.5M | Interest only | 0.133% floating | 36258YBK3 | AA- | not yet reported | AA- (sf) | not yet reported | AA (sf) |
| X-D | $50.0M | Interest only | 0.689% floating | 36258YAC2 | BBB- | not yet reported | NR | not yet reported | BBB (sf) |
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 | 60 |
| Original loan balance | $1.56B |
| Weighted average coupon | 3.55% |
| Weighted average LTV | 67.6% |
| Median loan LTV | 64.1% |
| Full-term interest only (share of balance) | 73.2% |
| Balloon loans (share of balance) | 100.0% |
| Largest loan (share of balance) | 3.8% |
| Five largest loans (share of balance) | 19.2% |
| Occupancy at issuance (weighted average) | 92.6% |
Realized outcomes
| Months reported | 80 |
| Peak 30+ delinquency | 4.00% (October 2025) |
| Ever severe (share of original balance) | 2.64% |
| Ever modified (share of original balance) | 3.44% |
| Past scheduled maturity (share of original balance) | 2.40% |
| Non-performing matured (share of original balance) | 38.19% |
| Maximum servicer advances (share of balance) | 0.06% |
| Median DSCR, first year | 2.36 |
| Median DSCR, latest | 2.46 |
| Realized stress score | 46.3 |
Property types
| Property type | Original balance | Share of pool |
|---|---|---|
| Office | $406.3M | 26.0% |
| Retail | $294.4M | 18.8% |
| Industrial | $177.8M | 11.4% |
| Mixed use | $159.5M | 10.2% |
| Multifamily | $150.9M | 9.6% |
| SE | $148.5M | 9.5% |
| Lodging | $73.2M | 4.7% |
| Warehouse | $52.7M | 3.4% |
| Self storage | $50.8M | 3.2% |
Property type is reported for 96.8% of the pool balance; shares are of the full pool.
Largest loans
| Property | Location | Original balance | Share of pool | Coupon | Originated |
|---|---|---|---|---|---|
| ["101 45th Street", "4820-4850 Indianapolis Road", "8401 Bearing Drive", "5900 North Meadows Drive", "5701 North Meadows Drive", "8421 Bearing Drive", "6451-6471 Northwind Parkway", "4910-4938 Indianapolis Road", "6221-6241 Northwind Parkway", "775 Commerce Parkway West Drive", "1901 Northwind Parkway", "333 45th Street", "221 South Swift Road", "W 234 N 2091 Ridgeview Pwky Ct", "2240 Creekside Parkway", "201 South Swift Road", "8441 Bearing Drive", "4700 North Ironwood Drive", "4410 North 132nd Street", "999 Gerdt Court", "480 45th Street", "12857 South Hamlin Court", "1695 Glen Ellyn Road", "1701-1721 Northwind Parkway", "1245-1247 Lakeside Drive", "3890 Perry Boulevard", "215 45th Street", "845 Telser Road", "1851 Northwind Parkway", "1650 Northwind Parkway", "225 45th Street", "1600-1640 Northwind Parkway", "235 45th Street"] | ["Munster", "Whitestown", "Indianapolis", "Grove City", "Grove City", "Indianapolis", "Hobart", "Whitestown", "Hobart", "Greenwood", "Hobart", "Munster", "Addison", "Pewaukee", "Lockbourne", "Addison", "Indianapolis", "Franklin", "Butler", "Greenwood", "Munster", "Alsip", "Glendale Heights", "Hobart", "Romeoville", "Whitestown", "Munster", "Lake Zurich", "Hobart", "Hobart", "Whitestown", "Hobart", "Whitestown"], ["IN", "IN", "IN", "OH", "OH", "IN", "IN", "IN", "IN", "IN", "IN", "IN", "IL", "WI", "OH", "IL", "IN", "WI", "WI", "IN", "IN", "IL", "IL", "IN", "IL", "IN", "IN", "IL", "IN", "IN", "IN", "IN", "IN"] | $60.0M | 3.8% | 3.23% | 2019 |
| Bellagio Hotel and Casino | Las Vegas, NV | $60.0M | 3.8% | 3.17% | 2019 |
| 560 Mission Street | San Francisco, CA | $60.0M | 3.8% | 2.59% | 2019 |
| 1633 Broadway | New York, NY | $60.0M | 3.8% | 2.99% | 2019 |
| Southcenter Mall | Seattle, WA | $60.0M | 3.8% | 2.88% | 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 | 24 of 24 |
| Classes with a current rating in the dataset | 18 of 24 |
| Net rating change since issuance | +0.00 notches (balance-weighted) |
| Delinquency threshold crossed | Not crossed in the dataset |
| First downgrade | None recorded |
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.