← Benchmark 2026-V20 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2026-V20 Mortgage Trust
- Current balance
- $75.0M (September 2026)
- Share of deal
- 8.5%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2030-12-09
Property and terms
| Property | CityCenter (Aria & Vdara) |
| Address | 3730 South Las Vegas Boulevard 2600 West Harmon Avenue; Las Vegas, NV 89158 |
| Property type | Lodging |
| Units, beds or keys | 5349 |
| Net rentable square feet | not yet reported |
| Year built | 2009 |
| Year last renovated | not yet reported |
| Original balance | $75.0M |
| Current balance | $75.0M (September 2026) |
| Share of deal balance | 8.5% |
| Interest rate at origination | 6.08% |
| Current interest rate | 6.08% |
| Origination date | 12-09-2025 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2030-12-09 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | 06-08-2030 |
| Servicer | Trimont |
| Loan servicer | not yet reported |
| Originator | GSBI, CREFI, GACC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $7.03B | 11-25-2025 | MAI |
| Most recent reported | $7.03B | 2025-11-25 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2026 | $75.0M | Current | 6.08% | 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 | $75.0M | Current | 6.08% | 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 | $75.0M | Current | 6.08% | 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 | $75.0M | Current | 6.08% | 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 | $75.0M | Current | 6.08% | 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 | $75.0M | Matured balloon, non-performing | 6.08% | not yet reported | not yet reported | not yet reported | $379,847 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $75.0M | Matured balloon, non-performing | 6.08% | not yet reported | not yet reported | not yet reported | $392,508 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $75.0M | Current | 6.08% | 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.
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: BANK5 2026-5YR20; BANK5 2026-5YR21; BBCMS Mortgage Trust 2026-5C40; Benchmark 2026-V21 Mortgage Trust; Benchmark 2026-V21 Mortgage Trust; Benchmark 2026-V21 Mortgage Trust; Benchmark 2026-V21 Mortgage Trust; Benchmark 2026-V21 Mortgage Trust; Benchmark 2026-V21 Mortgage Trust; BMO 2025-5C13 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.