Office · Mountain View, California
2218 Old Middlefield Way
2218 Old Middlefield Way is financed with a $1.6M CMBS loan at 4.985% that reaches maturity on December 11, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,550,000
- Original balance (same notes)
- $1,550,000
- Interest rate
- 4.985% fixed
- Originated
- December 6, 2018
- Maturity
- December 11, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 10, 2028
- 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
- 2218 Old Middlefield Way, Mountain View, CA 94043
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 10,314 sq ft
- Built
- 1973, renovated 2017
- Largest tenants
- Academy of PA Perfor; SW ART Studio; Donald E. Ryan
- Value at securitization
- $3.6M (Jul 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.34x | 3.26x |
| Occupancy | 100% | 100% |
| Net operating income | $262K | $256K |
| Debt yield | 16.5% |
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 Wells Fargo Commercial Mortgage Trust 2019-C49 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 | $1.6M | Current | No | 3.26x | 100% |
| August 2026 | $1.6M | Current | No | 3.26x | 100% |
| July 2026 | $1.6M | Current | No | 3.26x | 100% |
| June 2026 | $1.6M | Current | No | 3.45x | 92% |
| May 2026 | $1.6M | Current | No | 3.45x | 92% |
| April 2026 | $1.6M | Current | No | 3.61x | 92% |
| March 2026 | $1.6M | Current | No | 3.83x | 87% |
| February 2026 | $1.6M | Current | No | 3.83x | 87% |
| January 2026 | $1.6M | Current | No | 3.83x | 87% |
| December 2025 | $1.6M | Current | No | 3.83x | 87% |
| November 2025 | $1.6M | Current | No | 3.83x | 87% |
| October 2025 | $1.6M | Current | No | 4.01x | 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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C49 | 60 | $1,550,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Apple Campus 3, Sunnyvale (2028 maturity), loan 1 in BANK 2018-BNK10 | Sunnyvale, CA | Office | $310.0M | 3.365% | Jan 2028 | 3.78x | 100% | Current |
| Moffett Towers - Buildings E,f,g | Sunnyvale, CA | Office | $284.0M | 4.131% | Oct 2028 | 3.51x | 100% | Current |
| Moffett Towers II - Building 1 | Sunnyvale, CA | Office | $158.6M | 3.894% | Apr 2028 | 2.23x | 100% | Current |
| 1001 North Shoreline Boulevard | Mountain View, CA | Office | $64.5M | 3.465% | Apr 2028 | 3.61x | 100% | Current |
| 3495 Deer Creek Road | Palo Alto, CA | Office | $50.0M | 4.955% | Apr 2028 | 2.69x | 100% | Current |
| 590 Middlefield | Mountain View, CA | Office | $48.8M | 5.369% | Dec 2028 | 1.40x | 100% | Current |
| 601 Mccarthy | Milpitas, CA | Office | $30.7M | 4.172% | Sep 2028 | 4.69x | 100% | Current |
| 435 Tasso Street | Palo Alto, CA | Office | $30.0M | 4.402% | Dec 2028 | 1.02x | 73% | Current |
All loans maturing in 2028 · 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.