← Benchmark 2022-B33 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2022-B33 Mortgage Trust
- Current balance
- $20.0M (September 2026)
- Share of deal
- 1.9%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2026-12-06
Property and terms
| Property | Hillcrest (and 10 more properties) |
| Address | 1801 Bayberry Court; 1802 Bayberry Court; 7229 Forest Avenue; 1800 Bayberry Court; 1700 Bayberry Court; 7231 Forest Avenue; 7100 Forest Avenue,; 7201 Glen Forest Drive; 7275 Glen Forest Drive; 2701 Emerywood Parkway; 2601 Willard Road; Richmond, VA (and 10 more) 23226 |
| Property type | Office |
| 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 | $20.0M |
| Current balance | $20.0M (September 2026) |
| Share of deal balance | 1.9% |
| Interest rate at origination | 3.48% |
| Current interest rate | 3.48% |
| Origination date | 12-01-2021 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2026-12-06 |
| Prepayment lockout end | 08-05-2026 |
| Yield maintenance end | not yet reported |
| 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 | $95.6M | 11-04-2021 | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| The Brink's Company | not yet reported | ["11-30-2026", "11-30-2027", "09-30-2026", "06-30-2032", "04-30-2029", "02-28-2031", "10-31-2028", "11-30-2032", "12-31-2030", "08-31-2027", "03-31-2031"] |
| Blue Ridge Bank | not yet reported | ["02-28-2034", "04-30-2036", "12-31-2028", "03-31-2032", "10-31-2026", "10-31-2028", "03-31-2027", "05-31-2027", "04-30-2026", "07-31-2030"] |
| SyCom Technologies, LLC | not yet reported | ["07-31-2029", "12-31-2029", "10-31-2026", "04-30-2027", "03-31-2027", "11-30-2026", "07-31-2026", "05-31-2026", "10-31-2027", "12-31-2025"] |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 2022 | $20.0M | Current | 3.48% | 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 2022 | $20.0M | Current | 3.48% | 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 2022 | $20.0M | Current | 3.48% | 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 | $20.0M | Current | 3.48% | 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 | $20.0M | Current | 3.48% | 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 | $20.0M | Current | 3.48% | 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 | $20.0M | Current | 3.48% | 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 2022 | $20.0M | Current | 3.48% | 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 |
| November 2022 | $20.0M | Current | 3.48% | 3.46 | 3.94 | 88% | $0 | 09-30-2022 | $11.5M | $4.6M | $7.0M | $6.1M |
| December 2022 | $20.0M | Current | 3.48% | 3.46 | 3.94 | 88% | $0 | 09-30-2022 | $11.5M | $4.6M | $7.0M | $6.1M |
| January 2023 | $20.0M | Current | 3.48% | 3.46 | 3.94 | 88% | $0 | 09-30-2022 | $11.5M | $4.6M | $7.0M | $6.1M |
| February 2023 | $20.0M | Current | 3.48% | 3.46 | 3.94 | 85% | $0 | 09-30-2022 | $11.5M | $4.6M | $7.0M | $6.1M |
| March 2023 | $20.0M | Current | 3.48% | 2.71 | 3.06 | 85% | $0 | 12-31-2022 | $10.7M | $4.3M | $6.4M | $5.6M |
| April 2023 | $20.0M | Current | 3.48% | 2.71 | 3.06 | 85% | $0 | 12-31-2022 | $10.7M | $4.3M | $6.4M | $5.6M |
| May 2023 | $20.0M | Current | 3.48% | 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 | $20.0M | Current | 3.48% | 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 2023 | $20.0M | Current | 3.48% | 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 2023 | $30.0M | Current | 3.45% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023", "03-31-2023"] | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2023 | $20.0M | Current | 3.48% | 2.57 | 2.92 | 85% | $0 | 06-30-2023 | $10.5M | $4.4M | $6.1M | $5.3M |
| October 2023 | $20.0M | Current | 3.48% | 2.57 | 2.92 | 85% | $0 | 06-30-2023 | $10.5M | $4.4M | $6.1M | $5.3M |
| November 2023 | $20.0M | Current | 3.48% | 2.57 | 2.92 | 85% | $0 | 06-30-2023 | $10.5M | $4.4M | $6.1M | $5.3M |
| December 2023 | $20.0M | Current | 3.48% | 2.57 | 2.92 | 85% | $0 | 06-30-2023 | $10.5M | $4.4M | $6.1M | $5.3M |
| January 2024 | $20.0M | Current | 3.48% | 2.60 | 2.95 | 85% | $0 | 09-30-2023 | $10.5M | $4.4M | $6.1M | $5.4M |
| February 2024 | $20.0M | Current | 3.48% | 2.60 | 2.95 | 85% | $0 | 09-30-2023 | $10.5M | $4.4M | $6.1M | $5.4M |
| March 2024 | $20.0M | Current | 3.48% | 2.60 | 2.95 | 85% | $0 | 09-30-2023 | $10.5M | $4.4M | $6.1M | $5.4M |
| April 2024 | $20.0M | Current | 3.48% | 2.53 | 2.87 | 85% | $0 | 12-31-2023 | $10.5M | $4.6M | $6.0M | $5.3M |
| May 2024 | $20.0M | Current | 3.48% | 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 2024 | $20.0M | Current | 3.48% | 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 2024 | $20.0M | Current | 3.48% | 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 2024 | $20.0M | Current | 3.48% | 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 2024 | $20.0M | Current | 3.48% | 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 2024 | $20.0M | Current | 3.48% | 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 |
| November 2024 | $20.0M | Current | 3.48% | 2.26 | 2.55 | 88% | $0 | 06-30-2024 | $10.9M | $4.7M | $6.2M | $5.5M |
| December 2024 | $20.0M | Current | 3.48% | 2.26 | 2.55 | 88% | $0 | 06-30-2024 | $10.9M | $4.7M | $6.2M | $5.5M |
| January 2025 | $20.0M | Current | 3.48% | 2.58 | 2.92 | 76% | $0 | 09-30-2024 | $10.9M | $4.8M | $6.1M | $5.4M |
| February 2025 | $20.0M | Current | 3.48% | 2.58 | 2.92 | 76% | $0 | 09-30-2024 | $10.9M | $4.8M | $6.1M | $5.4M |
| March 2025 | $20.0M | Current | 3.48% | 2.58 | 2.92 | 76% | $0 | 09-30-2024 | $10.9M | $4.8M | $6.1M | $5.4M |
| April 2025 | $20.0M | Current | 3.48% | 2.58 | 2.92 | 85% | $0 | 09-30-2024 | $10.9M | $4.8M | $6.1M | $5.4M |
| May 2025 | $20.0M | Current | 3.48% | 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 | $20.0M | Current | 3.48% | 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 2025 | $20.0M | Current | 3.48% | 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 2025 | $20.0M | Current | 3.48% | 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 2025 | $20.0M | Current | 3.48% | 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 2025 | $20.0M | Current | 3.48% | 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 |
| November 2025 | $20.0M | Current | 3.48% | 2.69 | 3.04 | 83% | $0 | 06-30-2025 | $11.1M | $4.8M | $6.3M | $5.6M |
| December 2025 | $20.0M | Current | 3.48% | 2.69 | 3.04 | 83% | $0 | 06-30-2025 | $11.1M | $4.8M | $6.3M | $5.6M |
| January 2026 | $20.0M | Current | 3.48% | 2.69 | 3.04 | 83% | $0 | 06-30-2025 | $11.1M | $4.8M | $6.3M | $5.6M |
| February 2026 | $20.0M | Current | 3.48% | 2.69 | 3.04 | 83% | $0 | 06-30-2025 | $11.1M | $4.8M | $6.3M | $5.6M |
| March 2026 | $20.0M | Current | 3.48% | 2.69 | 3.04 | 83% | $0 | 06-30-2025 | $11.1M | $4.8M | $6.3M | $5.6M |
| April 2026 | $20.0M | Current | 3.48% | 2.64 | 2.99 | 83% | $0 | 09-30-2025 | $11.0M | $4.8M | $6.2M | $5.5M |
| May 2026 | $20.0M | Current | 3.48% | 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 2026 | $20.0M | Current | 3.48% | 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 2026 | $20.0M | Current | 3.48% | 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 2026 | $20.0M | Current | 3.48% | 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 2026 | $20.0M | Current | 3.48% | 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.
Status timeline
| Date | Event |
|---|---|
| 2022-03-06 | Loan modified (rate after modification 0.00%; maturity after modification 2026-12-06) |
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: Benchmark 2022-B32 Mortgage Trust; Benchmark 2022-B34 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.