Office · San Jose, California
110 120 and 130 Holger Way
Public CMBS trusts hold $42.3M of the loan on 110 120 and 130 Holger Way at 2.97% that reaches its anticipated repayment date on August 1, 2031, in 4 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $42,300,000
- Original balance (same notes)
- $42,300,000
- Interest rate
- 2.97% fixed
- Originated
- July 30, 2021
- Maturity
- November 1, 2034
- Anticipated repayment date
- August 1, 2031 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Barclays
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 110 120 and 130 Holger Way, San Jose, CA 95134
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 603,666 sq ft
- Largest tenants
- Micron Technologies Inc
- Value at securitization
- $538.0M (Jul 2021)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.18x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $26.8M |
| Debt yield | 63.4% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BBCMS Mortgage Trust 2021-C12 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $42.3M | Not reported | No | 2.18x | 100% |
| August 2026 | $42.3M | Not reported | No | 2.18x | 100% |
| July 2026 | $42.3M | Not reported | No | 2.18x | 100% |
| June 2026 | $42.3M | Not reported | No | 2.18x | 100% |
| May 2026 | $42.3M | Not reported | No | 2.18x | 100% |
| April 2026 | $42.3M | Not reported | No | 2.18x | 100% |
| March 2026 | $42.3M | Not reported | No | 2.20x | 100% |
| February 2026 | $42.3M | Not reported | No | 2.20x | 100% |
| January 2026 | $42.3M | Not reported | No | 2.20x | 100% |
| December 2025 | $42.3M | Not reported | No | 2.20x | 100% |
| November 2025 | $42.3M | Not reported | No | 2.20x | 100% |
| October 2025 | $42.3M | Not reported | No | 2.20x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2021-C12 | 6A | $22,300,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2021-C12 | 6B | $20,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Towers at Cupertino City Center | Cupertino, CA | Office | $145.0M | 6.442% | Mar 2031 | n/a | n/a | Current |
| 520 Almanor | Sunnyvalle, CA | Mixed use | $101.6M | 2.555% | Nov 2031 | 5.76x | 98% | Current |
| HQ at First | San Jose, CA | Office | $98.7M | 2.97% | Aug 2031 | n/a | n/a | Current |
| The Assembly | San Jose, CA | Industrial | $97.5M | 7.03% | Oct 2031 | n/a | n/a | Current |
| PATHLINE PARK 9 and 10 | Sunnyvale, CA | Office | $90.0M | 2.502% | Feb 2031 | 4.75x | 100% | Current |
| 2600 El Camino Real | Palo Alto, CA | Office | $46.4M | 3.734% | Apr 2031 | 3.02x | 92% | Current |
| 5300-5350 Hellyer Avenue | San Jose, CA | Office | $44.0M | 3.913% | Nov 2031 | 1.30x | 100% | Current |
| KKR First Republic Center | Palo Alto, CA | Mixed use | $41.6M | 2.328% | Jan 2031 | 5.42x | 100% | Current |
All loans maturing in 2031 · All San Jose-Sunnyvale-Santa Clara loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.