← Benchmark 2026-V20 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2026-V20 Mortgage Trust
- Current balance
- $28.2M (September 2026)
- Share of deal
- 3.2%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2030-12-06
Property and terms
| Property | 8321 Pines Boulevard (and 11 more properties) |
| Address | 8321 Pines Boulevard; 780 & 820 North Delsea Drive; 6400-6504 South Crescent Boulevard; 714 South Harding Highway; 2010 South University Avenue; 5700 West 10th Street; 2240 Island Avenue; 1849 SW South Macedo Blvd; 2211 112th Street South; 1851 South East Avenue; 8015 Geyer Springs Road; 6100 Leon Circle; Pembroke Pines, FL (and 11 more) 33024 |
| Property type | Self storage |
| Units, beds or keys | ["1027", "799", "641", "465", "584", "510", "861", "598", "424", "520", "372", "567"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2002", "2003"] |
| Original balance | $28.2M |
| Current balance | $28.2M (September 2026) |
| Share of deal balance | 3.2% |
| Interest rate at origination | 6.12% |
| Current interest rate | 6.12% |
| Origination date | 11-17-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-12-06 |
| Prepayment lockout end | 12-05-2027 |
| Yield maintenance end | 06-05-2030 |
| Servicer | Midland |
| 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 | $133.4M | 10-21-2025 | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2026 | $28.2M | Current | 6.12% | 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 2026 | $28.2M | Current | 6.12% | 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 2026 | $28.2M | Current | 6.12% | 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 2026 | $28.2M | Current | 6.12% | 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 | $28.2M | Current | 6.12% | 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 | $28.2M | Current | 6.12% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026"] | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $28.2M | Current | 6.12% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026"] | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $28.2M | Current | 6.12% | not yet reported | not yet reported | not yet reported | $0 | ["03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026", "03-31-2026"] | 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.
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 2025-V19 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.