← Benchmark 2026-V21 Mortgage Trust · Loan annex · CMBS market
- Deal
- Benchmark 2026-V21 Mortgage Trust
- Current balance
- $25.0M (September 2026)
- Share of deal
- 2.1%
- Status
- not yet reported
- DSCR (latest)
- 0.00
- Occupancy (latest)
- 75%
- Scheduled maturity
- 2031-02-06
Property and terms
| Property | Marriott Monterey |
| Address | 350 Calle Principal; Monterey, CA 93940 |
| Property type | Lodging |
| Units, beds or keys | 341 |
| Net rentable square feet | not yet reported |
| Year built | 1984 |
| Year last renovated | 2020 |
| Original balance | $25.0M |
| Current balance | $25.0M (September 2026) |
| Share of deal balance | 2.1% |
| Interest rate at origination | 5.87% |
| Current interest rate | 5.87% |
| Origination date | 02-05-2026 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2031-02-06 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | GSBI |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $143.2M | 01-07-2026 | not yet reported |
| Most recent reported | $140.9M | 2026-02-01 | MAI |
Change from securitization to the most recent reported valuation: -1.6%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April 2026 | $25.0M | not yet reported | 5.87% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2026 | $25.0M | Matured balloon, non-performing | 5.87% | 0.00 | 0.00 | 0% | $122,281 | not yet reported | $0 | $0 | $0 | $0 |
| June 2026 | $25.0M | not yet reported | 5.87% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2026 | $25.0M | not yet reported | 5.87% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2026 | $25.0M | not yet reported | 5.87% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2026 | $25.0M | not yet reported | 5.87% | 0.00 | 0.00 | 75% | $0 | not yet reported | $0 | $0 | $0 | $0 |
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: BMO 2026-5C14 Mortgage Trust.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.