← BBCMS Mortgage Trust 2022-C14 (segment D01, CIK 1901814) / Loan annex / CMBS market
- Deal
- BBCMS Mortgage Trust 2022-C14 (segment D01, CIK 1901814)
- Current balance
- $70.0M (October 2026)
- Share of deal
- 8.0%
- Status
- Current
- DSCR (latest)
- 3.08
- Occupancy (latest)
- 70%
- Scheduled maturity
- 2031-12-06
Property and terms
| Property | 1888 Century Park East |
| Address | 1888 Century Park East; Los Angeles, CA 90067 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 502,510 |
| Year built | 1970 |
| Year last renovated | 2016 |
| Original balance | $70.0M |
| Current balance | $70.0M (October 2026) |
| Share of deal balance | 8.0% |
| Interest rate at origination | 0.03% |
| Current interest rate | 2.64% |
| Origination date | 11-24-2021 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2031-12-06 |
| Prepayment lockout end | 07-05-2022 |
| Yield maintenance end | 07-05-2031 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Barclays Capital Real Estate Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $478.0M | 10-26-2021 | MAI |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| First Republic Bank | 107,894 | 11-30-2030 |
| Sullivan & Cromwell LLP | 51,822 | not yet reported |
| Horizon Media, Inc. | 49,138 | 06-30-2027 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2022 | $70.0M | Current | 2.64% | 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 |
| October 2026 | $70.0M | Current | 2.64% | 3.08 | 3.24 | 70% | $0 | 03-31-2026 | $7.6M | $3.3M | $4.3M | $4.1M |
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 2022-C14 (segment D02, CIK 1901814); BBCMS Mortgage Trust 2022-C15; BBCMS Mortgage Trust 2022-C16.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.