GS Mortgage Securities Trust 2020-GSA2

Tranches, pool and monthly delinquency indicator for GS Mortgage Securities Trust 2020-GSA2.

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

Current pool balance: $776.4M (September 2026)
Original pool balance: $826.3M
Loans at issuance: 46
Closing date: 2020-12-29
Weighted average coupon at issuance: 3.63%
Weighted average LTV at issuance: 39.4%
30+ delinquent (latest): 0.00%
Realized stress score: 30.0
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	$17.1M	97.85%	0.468% fixed	36264KAR1	PIF	WR	NR	not yet reported	not yet reported
A-2	$10.4M	96.53%	1.295% fixed	36264KAS9	PIF	WR	NR	not yet reported	not yet reported
A-3	$13.8M	94.80%	1.560% fixed	36264KAT7	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-4	$159.0M	74.74%	1.721% fixed	36264KAU4	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-5	$322.3M	34.08%	2.012% fixed	36264KAV2	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-AB	$32.4M	30.00%	1.662% fixed	36264KAW0	AAA	AAA	AAA (sf)	not yet reported	not yet reported
A-S	$57.5M	22.75%	2.224% fixed	36264KAZ3	AAA	AAA	NRprelim	not yet reported	not yet reported
B	$35.7M	18.25%	2.340% fixed	36264KBA7	AA-	AA	NRprelim	not yet reported	not yet reported
C	$37.7M	13.50%	2.989% fixed	36264KBB5	A-	A	NRprelim	not yet reported	not yet reported
D	$26.8M	10.13%	2.250% fixed	36264KBD1	BBB	BBB+	NRprelim	not yet reported	not yet reported
E	$19.8M	7.63%	2.250% fixed	36264KAD2	BBB-	BBB-	NRprelim	not yet reported	not yet reported
F	$19.8M	5.13%	3.615% floating	36264KAF7	BB-	BB-	NRprelim	not yet reported	not yet reported
G-RR	$7.9M	4.13%	3.615% floating	36264KAH3	B	B-	NRprelim	not yet reported	not yet reported
H-RR	$32.7M	0.00%	3.615% floating	36264KAK6	not yet reported	not yet reported	NRprelim	not yet reported	not yet reported
R	not yet reported	not yet reported	not yet reported	36264KAM2	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	36264KBE9	not yet reported	not yet reported	not yet reported	not yet reported	not yet reported
X-A	$612.4M	Interest only	1.742% floating	36264KAX8	AAA	AAA	NRprelim	not yet reported	not yet reported
X-B	$73.3M	Interest only	0.941% floating	36264KAY6	A-	AAA	NRprelim	not yet reported	not yet reported
X-D	$46.6M	Interest only	1.365% floating	36264KAB6	BBB-	BBB-	NRprelim	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	46
Original loan balance	$826.6M
Weighted average coupon	3.63%
Weighted average LTV	39.4%
Median loan LTV	55.0%
Full-term interest only (share of balance)	52.3%
Balloon loans (share of balance)	100.0%
Largest loan (share of balance)	8.5%
Five largest loans (share of balance)	37.5%
Occupancy at issuance (weighted average)	85.3%

Realized outcomes

Months reported	69
Peak 30+ delinquency	4.24% (March 2021)
Ever severe (share of original balance)	0.80%
Ever modified (share of original balance)	0.00%
Past scheduled maturity (share of original balance)	0.00%
Non-performing matured (share of original balance)	56.53%
Maximum servicer advances (share of balance)	0.10%
Median DSCR, first year	2.36
Median DSCR, latest	2.20
Realized stress score	30.0

Property types

Property type	Original balance	Share of pool
Office	$337.3M	40.8%
Lodging	$135.0M	16.3%
Industrial	$100.4M	12.1%
SE	$55.2M	6.7%
Mixed use	$54.7M	6.6%
Retail	$52.2M	6.3%
Multifamily	$30.8M	3.7%
Manufactured housing	$20.7M	2.5%
Multiple property types	$13.7M	1.7%
Self storage	$4.2M	0.5%

Property type is reported for 97.3% of the pool balance; shares are of the full pool.

Largest loans

Property	Location	Original balance	Share of pool	Coupon	Originated
["Hauppauge Office Park", "20 Commerce Drive"]	["Hauppauge", "Cranford"], ["NY", "NJ"]	$70.0M	8.5%	3.84%	2020
["15 West 47th Street", "48 West 48th Street", "151 West 46th Street"]	["New York", "New York", "New York"], ["NY", "NY", "NY"]	$70.0M	8.5%	3.51%	2020
["Newton Individual Property", "Fort Smith Individual Property", "Flint Individual Property", "Coffeyville Individual Property"]	["Newton", "Fort Smith", "Flint", "Coffeyville"], ["IA", "AR", "MI", "KS"]	$65.0M	7.9%	3.72%	2020
["MGM Grand", "Mandalay Bay"]	["Las Vegas", "Las Vegas"], ["NV", "NV"]	$65.0M	7.9%	3.56%	2020
711 Fifth Avenue	New York, NY	$40.0M	4.8%	3.16%	2020

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	19 of 19
Classes with a current rating in the dataset	17 of 19
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.