← Barclays Commercial Mortgage Securities LLC (segment D01, CIK 1541480) · Loan annex · CMBS market
- Deal
- Barclays Commercial Mortgage Securities LLC (segment D01, CIK 1541480)
- Current balance
- $60.0M (June 2020)
- Share of deal
- 7.4%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2030-02-06
Property and terms
| Property | 525 Market Street |
| Address | 525 Market Street; San Francisco, CA 94105 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,034,170 |
| Year built | 1973 |
| Year last renovated | 2018 |
| Original balance | $60.0M |
| Current balance | $60.0M (June 2020) |
| Share of deal balance | 7.4% |
| Interest rate at origination | 2.95% |
| Current interest rate | 2.95% |
| Origination date | 01-29-2020 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2030-02-06 |
| Prepayment lockout end | 03-05-2022 |
| Yield maintenance end | 08-05-2029 |
| Servicer | Wells Fargo Bank, N.A. |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc./Wells Fargo Bank, National Association/Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $1.27B | 11-12-2019 | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Amazon.com Services LLC | 408,561 | 01-31-2028 |
| Sephora USA, Inc. | 167,297 | 10-31-2021 |
| Wells Fargo Bank, N.A. | 142,929 | 06-30-2025 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2020 | $60.0M | Current | 2.95% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: BBCMS Mortgage Trust 2020-C7; GS Mortgage Securities Trust 2020-GC47; Morgan Stanley Capital I Trust 2020-HR8.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.