← Benchmark 2024-V5 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2024-V5 Mortgage Trust
- Current balance
- $29.6M (September 2026)
- Share of deal
- 3.3%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2029-02-06
Property and terms
| Property | New Mountain - MW Components (and 6 more properties) |
| Address | 3850 Miraloma Avenue; 260 Industrial Drive; 770 Sunpark Drive; 2375 Highway 101; 7 and 10 Audrey Place; N915 Craftsman Drive; 7400 Pinemont Drive; Anaheim, CA (and 6 more) 92806 |
| Property type | Industrial |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2014", "2023", "1994"] |
| Original balance | $29.6M |
| Current balance | $29.6M (September 2026) |
| Share of deal balance | 3.3% |
| Interest rate at origination | 5.69% |
| Current interest rate | 5.69% |
| Origination date | 01-10-2024 |
| Original term | 61 months |
| Amortization term | not yet reported |
| Interest-only period | 61 months |
| Scheduled maturity | 2029-02-06 |
| Prepayment lockout end | 02-05-2026 |
| Yield maintenance end | 10-05-2028 |
| 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 | $60.9M | not yet reported | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| 260 Industrial Dr., Pontotoc, MS | 191,311 | 08-31-2043 |
| 770 Sun Park Drive, Fenton, MO | 132,848 | 08-31-2043 |
| 2375 Highway 101, Greer, SC | 128,888 | 08-31-2043 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| January 2024 | $29.6M | Matured balloon, performing | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 2024 | $29.6M | Current | 5.69% | 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 2025 | $29.6M | Current | 5.69% | 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 2025 | $29.6M | Current | 5.69% | 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 2025 | $29.6M | Current | 5.69% | 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 2025 | $29.6M | Current | 5.69% | 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 2025 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 2.24 | 2.40 | 100% | $0 | 09-30-2025 | $4.3M | $238,333 | $4.1M | $3.8M |
| February 2026 | $29.6M | Current | 5.69% | 2.24 | 2.40 | 100% | $0 | 09-30-2025 | $4.3M | $238,333 | $4.1M | $3.8M |
| March 2026 | $29.6M | Current | 5.69% | 2.24 | 2.40 | 100% | $0 | 09-30-2025 | $4.3M | $238,333 | $4.1M | $3.8M |
| April 2026 | $29.6M | Current | 5.69% | 2.24 | 2.40 | 100% | $0 | 12-31-2025 | $4.3M | $242,231 | $4.1M | $3.8M |
| May 2026 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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 | $29.6M | Current | 5.69% | 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.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.