← Benchmark 2023-V4 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2023-V4 Mortgage Trust
- Current balance
- $43.8M (September 2026)
- Share of deal
- 7.0%
- Status
- Current
- DSCR (latest)
- 1.24
- Occupancy (latest)
- 85%
- Scheduled maturity
- 2028-10-06
Property and terms
| Property | Extra Space Storage - Oakland (and 12 more properties) |
| Address | 2615 East 12th Street; 10144 Parkglenn Way; 630 MacArthur Blvd 59 Jonathan Bourne Dr; 30704 Aldine Westfield Road; 13404 E Broncos Parkway; 3803 N Navarro Street; 2102 NW Stallings Drive; 2005 W Wheeler Ave; 3817 Gulf Freeway; 1600 General Cavazos Blvd; 11615 Rubina Place; 4222 North Main Street; 12 Irongate Drive; Oakland, CA (and 12 more) 94606 |
| Property type | Self storage |
| Units, beds or keys | ["942", "599", "452", "718", "470", "656", "462", "467", "637", "485", "259", "544", "181"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2004", "2022"] |
| Original balance | $43.8M |
| Current balance | $43.8M (September 2026) |
| Share of deal balance | 7.0% |
| Interest rate at origination | 7.03% |
| Current interest rate | 7.03% |
| Origination date | 09-22-2023 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-10-06 |
| Prepayment lockout end | 10-05-2025 |
| Yield maintenance end | 04-05-2028 |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Goldman Sachs Bank USA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $142.0M | 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"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| November 2023 | $43.8M | Current | 7.03% | 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 2023 | $43.8M | Current | 7.03% | 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 2024 | $43.8M | Current | 7.03% | 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 2024 | $43.8M | Current | 7.03% | 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 2024 | $43.8M | Current | 7.03% | 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 2024 | $43.8M | Current | 7.03% | 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 2024 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 1.18 | 1.18 | 94% | $0 | 03-31-2024 | $12.2M | $5.0M | $7.3M | $7.3M |
| October 2024 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 94% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| November 2024 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 94% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| December 2024 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 94% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| January 2025 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 94% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| February 2025 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 90% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| March 2025 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 90% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| April 2025 | $43.8M | Current | 7.03% | 1.19 | 1.20 | 90% | $0 | 06-30-2024 | $12.3M | $5.0M | $7.3M | $7.2M |
| May 2025 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 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 2025 | $43.8M | Current | 7.03% | 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 2026 | $43.8M | Current | 7.03% | 1.17 | 1.18 | 83% | $0 | 09-30-2025 | $12.5M | $5.4M | $7.2M | $7.1M |
| February 2026 | $43.8M | Current | 7.03% | 1.17 | 1.18 | 83% | $0 | 09-30-2025 | $12.5M | $5.4M | $7.2M | $7.1M |
| March 2026 | $43.8M | Current | 7.03% | 1.21 | 1.22 | 81% | $0 | 12-31-2025 | $12.6M | $5.2M | $7.4M | $7.3M |
| April 2026 | $43.8M | Current | 7.03% | 1.21 | 1.22 | 81% | $0 | 12-31-2025 | $12.6M | $5.2M | $7.4M | $7.3M |
| May 2026 | $43.8M | Current | 7.03% | 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 | $43.8M | Current | 7.03% | 1.23 | 1.24 | 83% | $0 | 03-31-2026 | $12.6M | $5.1M | $7.5M | $7.4M |
| July 2026 | $43.8M | Current | 7.03% | 1.23 | 1.24 | 83% | $0 | 03-31-2026 | $12.6M | $5.1M | $7.5M | $7.4M |
| August 2026 | $43.8M | Current | 7.03% | 1.23 | 1.24 | 83% | $0 | 03-31-2026 | $12.6M | $5.1M | $7.5M | $7.4M |
| September 2026 | $43.8M | Current | 7.03% | 1.24 | 1.25 | 85% | $0 | 06-30-2026 | $12.6M | $5.0M | $7.6M | $7.5M |
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.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.