Office · Sacramento, California
1625 & 1747 North Market
1625 & 1747 North Market is financed with a $38.2M CMBS loan at 3.82% that reaches maturity on May 6, 2031, in 4 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $38,180,451
- Original balance (same notes)
- $39,100,000
- Interest rate
- 3.82% fixed
- Originated
- April 21, 2021
- Maturity
- May 6, 2031
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- CREFI
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1625 & 1747 North Market Boulevard, Sacramento, CA 95834
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 315,372 sq ft
- Built
- 1991, renovated 2004
- Largest tenants
- Veterans Admin; Veterans Admin; Veterans Admin
- Value at securitization
- $57.5M (Jan 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.96x |
| Occupancy | 99% | 98% |
| Net operating income | n/a | $4.3M |
| Debt yield | 11.2% |
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 Benchmark 2021-B26 Mortgage Trust 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
- The filing gives Aug 2029 as the lease end date for the largest tenant (Veterans Admin), 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 | $38.2M | Not reported | No | 1.96x | 98% |
| August 2026 | $38.2M | Not reported | No | 1.96x | 98% |
| July 2026 | $38.3M | Not reported | No | 2.32x | 98% |
| June 2026 | $38.4M | Not reported | No | 2.42x | 98% |
| May 2026 | $28.0M | Current | No | n/a | n/a |
| April 2026 | $38.5M | Not reported | No | 2.42x | 98% |
| March 2026 | $38.5M | Not reported | No | 2.42x | 98% |
| February 2026 | $38.6M | Not reported | No | 2.42x | 98% |
| January 2026 | $38.7M | Not reported | No | 2.81x | 98% |
| December 2025 | $38.7M | Not reported | No | 2.81x | 98% |
| November 2025 | $38.8M | Not reported | No | 2.81x | 98% |
| October 2025 | $38.8M | Not reported | No | 2.81x | 98% |
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 |
|---|---|---|---|---|
| Benchmark 2021-B26 Mortgage Trust | 8 | $38,180,451 | Sep 2026 | SEC filing, October 1, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Ziggurat | West Sacramento, CA | Office | $59.1M | 3.13% | Aug 2031 | n/a | n/a | Current |
| Parkshore Plaza | Folsom, CA | Office | $43.6M | 3.31% | Nov 2031 | 2.21x | 50% | Current |
| Olympus Corporate Center | Roseville, CA | Office | $25.3M | 3.59% | Apr 2031 | 2.59x | 85% | Current |
| CAL OES Portfolio | Sacramento, CA | Industrial | $18.5M | 3.53% | Oct 2031 | n/a | n/a | Current |
| Stockton Plaza | Sacramento, CA | Retail | $18.5M | 3.28% | Sep 2031 | 2.33x | 91% | Current |
| Mulberry Estates | Sacramento, CA | Multifamily | $9.6M | 6.68% | Sep 2031 | n/a | n/a | Current |
| Norwood Business Park | Sacramento, CA | Industrial | $9.3M | 2.845% | Dec 2031 | 3.35x | 92% | Current |
| Madison West Business Park | North Highlands, CA | Industrial | $8.8M | 2.845% | Dec 2031 | 4.90x | 100% | Current |
All loans maturing in 2031 · All Sacramento-Roseville-Folsom 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.