← Benchmark 2020-B21 Mortgage Trust / Loan annex / CMBS market
- Deal
- Benchmark 2020-B21 Mortgage Trust
- Current balance
- $15.4M (October 2026)
- Share of deal
- 1.5%
- Status
- Current
- DSCR (latest)
- 1.86
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2030-12-06
Property and terms
| Property | Grenada Property (and 18 more properties) |
| Address | 329 Sunset Drive; 1930 E. Madison Avenue; 5820 Masonic Drive; 634 Tunica Drive West; 5178 N. 950 W.; 41910 Wilson Memorial Drive; 500 N. Cliff Side Drive; 1300 South First Street; 631 S. Sturgeon Street; 5072 Highway 95 NW; 903 Washington Avenue South; 512 W. State Street; 1079 Gravois Road; 345 E. Douglas Street; 275 N. State Route 121; 1023 Central Avenue; 1035 G50 Highway; 10315 County Highway 5; 222 North Main Street; Grenada, MS (and 18 more) 38901 |
| Property type | Retail |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $22.2M |
| Current balance | $15.4M (October 2026) |
| Share of deal balance | 1.5% |
| Interest rate at origination | 3.66% |
| Current interest rate | 3.66% |
| Origination date | 11-10-2020 |
| Original term | 121 months |
| Amortization term | 360 months |
| Interest-only period | 13 months |
| Scheduled maturity | 2030-12-06 |
| Prepayment lockout end | 12-05-2022 |
| Yield maintenance end | 09-05-2030 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $35.3M | not yet reported | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Grenada, MS Walgree Grenada W | not yet reported | ["08-31-2083", "10-31-2081", "01-31-2034", "01-31-2034", "09-30-2035", "07-31-2035", "05-31-2035", "08-31-2035", "05-31-2035", "06-30-2035", "06-30-2035", "07-31-2035", "11-30-2035", "04-30-2035", "03-31-2035", "08-31-2035", "06-30-2035", "07-31-2034", "05-31-2035"] |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2020 | $22.2M | Current | 3.66% | 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 |
| December 2020 | $22.2M | Current | 3.66% | 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 |
| January 2021 | $22.2M | Current | 3.66% | 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 |
| February 2021 | $22.2M | Current | 3.66% | 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 |
| March 2021 | $22.2M | Current | 3.66% | 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 |
| April 2021 | $22.2M | Current | 3.66% | 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 |
| May 2021 | $25.0M | Current | 4.70% | 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 |
| June 2021 | $22.2M | Current | 3.66% | 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 |
| July 2021 | $22.2M | Current | 3.66% | 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 |
| August 2021 | $22.2M | Current | 3.66% | 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 |
| September 2021 | $22.2M | Current | 3.66% | 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 2021 | $22.2M | Current | 3.66% | 2.30 | 2.30 | 100% | $0 | 06-30-2021 | $2.4M | $457,754 | $1.9M | $1.9M |
| November 2021 | $22.2M | Current | 3.66% | 2.30 | 2.30 | 100% | $0 | 06-30-2021 | $2.4M | $457,754 | $1.9M | $1.9M |
| December 2021 | $22.2M | Current | 3.66% | 2.25 | 2.29 | 100% | $0 | 09-30-2021 | $2.4M | $462,365 | $1.9M | $1.9M |
| January 2022 | $22.2M | Current | 3.66% | 2.25 | 2.29 | 100% | $0 | 09-30-2021 | $2.4M | $462,365 | $1.9M | $1.9M |
| February 2022 | $22.2M | Current | 3.66% | 2.25 | 2.29 | 100% | $0 | 09-30-2021 | $2.4M | $462,365 | $1.9M | $1.9M |
| March 2022 | $22.1M | Current | 3.66% | 2.25 | 2.29 | 100% | $0 | 09-30-2021 | $2.4M | $462,365 | $1.9M | $1.9M |
| April 2022 | $22.1M | Current | 3.66% | 2.47 | 2.51 | 100% | $0 | 12-31-2021 | $2.4M | $315,265 | $2.1M | $2.0M |
| May 2022 | $22.1M | Current | 3.66% | 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 |
| June 2022 | $22.0M | Current | 3.66% | 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 |
| July 2022 | $22.0M | Current | 3.66% | 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 |
| August 2022 | $22.0M | Current | 3.66% | 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 |
| September 2022 | $21.9M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 06-30-2022 | $2.7M | $379,559 | $2.3M | $2.3M |
| October 2022 | $21.9M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 06-30-2022 | $2.7M | $379,559 | $2.3M | $2.3M |
| November 2022 | $21.9M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 06-30-2022 | $2.7M | $379,559 | $2.3M | $2.3M |
| December 2022 | $21.8M | Current | 3.66% | 1.80 | 1.83 | 100% | $0 | 09-30-2022 | $2.6M | $363,590 | $2.2M | $2.2M |
| January 2023 | $21.8M | Current | 3.66% | 1.80 | 1.83 | 100% | $0 | 09-30-2022 | $2.6M | $363,590 | $2.2M | $2.2M |
| February 2023 | $21.8M | Current | 3.66% | 1.80 | 1.83 | 100% | $0 | 09-30-2022 | $2.6M | $363,590 | $2.2M | $2.2M |
| March 2023 | $21.7M | Current | 3.66% | 1.80 | 1.82 | 100% | $0 | 12-31-2022 | $2.6M | $414,415 | $2.2M | $2.2M |
| April 2023 | $21.7M | Current | 3.66% | 1.80 | 1.82 | 100% | $0 | 12-31-2022 | $2.6M | $414,415 | $2.2M | $2.2M |
| May 2023 | $21.7M | Current | 3.66% | 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 |
| June 2023 | $21.6M | Current | 3.66% | 1.75 | 1.77 | 100% | $0 | 03-31-2023 | $2.6M | $433,881 | $2.2M | $2.1M |
| July 2023 | $21.6M | Current | 3.66% | 1.75 | 1.77 | 100% | $0 | 03-31-2023 | $2.6M | $433,881 | $2.2M | $2.1M |
| August 2023 | $21.6M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 06-30-2023 | $2.7M | $398,707 | $2.3M | $2.2M |
| September 2023 | $21.5M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 06-30-2023 | $2.7M | $398,707 | $2.3M | $2.2M |
| October 2023 | $21.5M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 06-30-2023 | $2.7M | $398,707 | $2.3M | $2.2M |
| November 2023 | $21.5M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 06-30-2023 | $2.7M | $398,707 | $2.3M | $2.2M |
| December 2023 | $21.4M | Current | 3.66% | 1.85 | 1.88 | 100% | $0 | 09-30-2023 | $2.7M | $399,877 | $2.3M | $2.3M |
| January 2024 | $21.4M | Current | 3.66% | 1.85 | 1.88 | 100% | $0 | 09-30-2023 | $2.7M | $399,877 | $2.3M | $2.3M |
| February 2024 | $21.4M | Current | 3.66% | 1.85 | 1.88 | 100% | $0 | 09-30-2023 | $2.7M | $399,877 | $2.3M | $2.3M |
| March 2024 | $21.3M | Current | 3.66% | 1.82 | 1.84 | 100% | $0 | 12-31-2023 | $2.7M | $413,317 | $2.3M | $2.2M |
| April 2024 | $21.3M | Current | 3.66% | 1.82 | 1.84 | 100% | $0 | 12-31-2023 | $2.7M | $413,317 | $2.3M | $2.2M |
| May 2024 | $21.2M | Current | 3.66% | 2.02 | 2.04 | 100% | $0 | 03-31-2024 | $725,469 | $101,139 | $624,330 | $617,491 |
| June 2024 | $21.2M | Current | 3.66% | 2.02 | 2.04 | 100% | $0 | 03-31-2024 | $725,469 | $101,139 | $624,330 | $617,491 |
| July 2024 | $21.2M | Current | 3.66% | 2.02 | 2.04 | 100% | $0 | 03-31-2024 | $725,469 | $101,139 | $624,330 | $617,491 |
| August 2024 | $21.1M | Current | 3.66% | 2.02 | 2.04 | 100% | $0 | 03-31-2024 | $725,469 | $101,139 | $624,330 | $617,491 |
| September 2024 | $21.1M | Current | 3.66% | 1.88 | 1.88 | 100% | $0 | 06-30-2024 | $2.7M | $449,735 | $2.3M | $2.3M |
| October 2024 | $21.1M | Current | 3.66% | 1.88 | 1.88 | 100% | $0 | 06-30-2024 | $2.7M | $449,735 | $2.3M | $2.3M |
| November 2024 | $21.0M | Current | 3.66% | 1.88 | 1.88 | 100% | $0 | 06-30-2024 | $2.7M | $449,735 | $2.3M | $2.3M |
| December 2024 | $21.0M | Matured balloon, non-performing | 3.66% | 1.75 | 1.77 | 100% | $101,866 | 09-30-2024 | $2.6M | $460,475 | $2.2M | $2.1M |
| January 2025 | $21.0M | Current | 3.66% | 1.75 | 1.77 | 100% | $0 | 09-30-2024 | $2.6M | $460,475 | $2.2M | $2.1M |
| February 2025 | $20.9M | Current | 3.66% | 1.75 | 1.77 | 100% | $0 | 09-30-2024 | $2.6M | $460,475 | $2.2M | $2.1M |
| March 2025 | $20.9M | Current | 3.66% | 1.75 | 1.77 | 100% | $0 | 09-30-2024 | $2.6M | $460,475 | $2.2M | $2.1M |
| April 2025 | $20.8M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 12-31-2024 | $2.7M | $410,582 | $2.3M | $2.2M |
| May 2025 | $20.8M | Current | 3.66% | 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 |
| June 2025 | $20.8M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 03-31-2025 | $2.6M | $379,003 | $2.3M | $2.2M |
| July 2025 | $20.7M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 03-31-2025 | $2.6M | $379,003 | $2.3M | $2.2M |
| August 2025 | $20.7M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 03-31-2025 | $2.6M | $379,003 | $2.3M | $2.2M |
| September 2025 | $20.7M | Current | 3.66% | 1.83 | 1.85 | 100% | $0 | 03-31-2025 | $2.6M | $379,003 | $2.3M | $2.2M |
| October 2025 | $20.6M | Current | 3.66% | 1.75 | 1.77 | 100% | $0 | 06-30-2025 | $2.6M | $403,692 | $2.2M | $2.1M |
| November 2025 | $20.6M | Current | 3.66% | 1.84 | 1.87 | 100% | $0 | 09-30-2025 | $2.6M | $357,761 | $2.3M | $2.3M |
| December 2025 | $20.5M | Current | 3.66% | 1.84 | 1.87 | 100% | $0 | 09-30-2025 | $2.6M | $357,761 | $2.3M | $2.3M |
| January 2026 | $20.5M | Current | 3.66% | 1.84 | 1.87 | 100% | $0 | 09-30-2025 | $2.6M | $357,761 | $2.3M | $2.3M |
| February 2026 | $20.5M | Current | 3.66% | 1.80 | 1.82 | 100% | $0 | 12-31-2025 | $2.6M | $403,470 | $2.2M | $2.2M |
| March 2026 | $20.4M | Current | 3.66% | 1.80 | 1.82 | 100% | $0 | 12-31-2025 | $2.6M | $403,470 | $2.2M | $2.2M |
| April 2026 | $20.4M | Current | 3.66% | 1.80 | 1.82 | 100% | $0 | 12-31-2025 | $2.6M | $403,470 | $2.2M | $2.2M |
| May 2026 | $20.3M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 03-31-2026 | $2.7M | $395,376 | $2.3M | $2.2M |
| June 2026 | $20.3M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 03-31-2026 | $2.7M | $395,376 | $2.3M | $2.2M |
| July 2026 | $20.3M | Current | 3.66% | 1.84 | 1.86 | 100% | $0 | 03-31-2026 | $2.7M | $395,376 | $2.3M | $2.2M |
| August 2026 | $20.2M | Current | 3.66% | 1.86 | 1.88 | 100% | $0 | 06-30-2026 | $2.7M | $412,672 | $2.3M | $2.3M |
| September 2026 | $20.2M | Current | 3.66% | 1.86 | 1.88 | 100% | $0 | 06-30-2026 | $2.7M | $412,672 | $2.3M | $2.3M |
| October 2026 | $15.4M | Current | 3.66% | 1.86 | 1.88 | 100% | $0 | 06-30-2026 | $2.7M | $412,672 | $2.3M | $2.3M |
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.
Status timeline
| Date | Event |
|---|---|
| 2026-10-06 | Liquidated |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.