Industrial · Milford, Connecticut
125 Old Gate Lane
125 Old Gate Lane is financed with a $5.3M CMBS loan at 3.536% that reaches maturity on February 11, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,322,211
- Original balance (same notes)
- $6,500,000
- Interest rate
- 3.536% fixed
- Originated
- January 16, 2020
- Maturity
- February 11, 2030
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- November 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 125 Old Gate Lane, Milford, CT 06460
- Rentable area
- 283,696 sq ft
- Built
- 1940, renovated 2000
- Largest tenants
- Hacienda; IMPERIAL BAG AND PAPER CO. LLC; BTX Air Express
- Value at securitization
- $19.6M (Nov 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 3.18x | 5.86x |
| Occupancy | 66% | 95% |
| Net operating income | $1.2M | $2.3M |
| Debt yield | 43.2% |
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 BANK 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
What the filing shows
- Occupancy has risen from 66% when the loan was securitized to 95%.
- Net operating income is 85% above the underwritten figure ($2.3M a year against $1.2M).
- Debt service coverage moved from 3.18x at securitization to 5.86x on the latest statements.
- The filing gives Mar 2026 as the lease end date for the largest tenant (Hacienda), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.3M | Current | No | 5.86x | 95% |
| August 2026 | $5.3M | Current | No | 5.86x | 95% |
| July 2026 | $5.4M | Current | No | 5.86x | 95% |
| June 2026 | $5.4M | Current | No | 5.86x | 95% |
| May 2026 | $5.4M | Current | No | 3.23x | 95% |
| April 2026 | $5.4M | Current | No | 3.23x | 95% |
| March 2026 | $5.4M | Current | No | 3.23x | 95% |
| February 2026 | $1.7M | Current | No | n/a | n/a |
| January 2026 | $5.5M | Current | No | 5.51x | 95% |
| December 2025 | $5.5M | Current | No | 5.51x | 95% |
| November 2025 | $5.5M | Current | No | 5.51x | 95% |
| October 2025 | $5.5M | Current | No | 5.51x | 95% |
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2020-BNK26 | 45 | $5,322,211 | Sep 2026 | SEC filing, October 1, 2026 |
Other Connecticut loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Link | Stamford, CT | Office | $115.0M | 7.379% | Mar 2030 | 2.16x | 92% | Current |
| Project Wing Industrial | Windsor, CT | Industrial | $70.0M | 6.552% | Oct 2030 | n/a | n/a | Current |
| Up House Apartments | Farmington, CT | Multifamily | $42.5M | 5.92% | Apr 2030 | 1.31x | 89% | Late, less than 30 days |
| Naugatuck Valley Shopping Center | Waterbury, CT | Retail | $26.1M | 5.15% | Apr 2030 | 0.95x | 57% | Current |
| New Haven Multifamily Portfolio | CT | Multifamily | $16.6M | 4.45% | Aug 2030 | 1.32x | 88% | With the special servicer |
| 50 Danbury (Unit 50 Wilton Corporate park ) | Wilton, CT | Office | $16.5M | 6.445% | Nov 2030 | 2.41x | 84% | Current |
| Four Research Drive | Shelton, CT | Office | $16.0M | 4.20% | Jan 2030 | n/a | n/a | With the special servicer |
| Milford Square | Milford, CT | Retail | $16.0M | 6.70% | Oct 2030 | n/a | n/a | Current |
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.