Office portfolio, 2 properties · Olathe, Kansas
24400 West Valley Parkway
Public CMBS trusts hold $95.0M of the loan on this portfolio at 6.499% that reaches its anticipated repayment date on January 6, 2028, in 14 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $95,000,000
- Original balance (same notes)
- $95,000,000
- Interest rate
- 6.499% fixed
- Originated
- December 17, 2024
- Maturity
- January 6, 2030
- Anticipated repayment date
- January 6, 2028 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment premium ends
- October 5, 2027 (yield maintenance)
- Master servicer
- Midland
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 24400 West Valley Parkway, Olathe, KS 66061
- Metro
- Kansas City, MO-KS
- Value at securitization
- $251.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $15.8M | n/a |
Watch flags
Computed from the Benchmark 2025-V14 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 24400 West Valley Parkway | Olathe, KS | Office | n/a | n/a |
| Project Jayhawk | Richardson, TX | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $95.0M | Current | No | n/a | n/a |
| August 2026 | $95.0M | Current | No | n/a | n/a |
| July 2026 | $95.0M | Current | No | n/a | n/a |
| June 2026 | $95.0M | Current | No | n/a | n/a |
| May 2026 | $95.0M | Current | No | n/a | n/a |
| April 2026 | $95.0M | Current | No | n/a | n/a |
| March 2026 | $95.0M | Current | No | n/a | n/a |
| February 2026 | $95.0M | Current | No | n/a | n/a |
| January 2026 | $95.0M | Current | No | n/a | n/a |
| December 2025 | $95.0M | Current | No | n/a | n/a |
| November 2025 | $95.0M | Current | No | n/a | n/a |
| October 2025 | $95.0M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| Benchmark 2025-V13 Mortgage Trust | 1 | $76,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
| Benchmark 2025-V14 Mortgage Trust | 17 | $18,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Kansas City loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Overland Park Xchange | Overland Park, KS | Office | $78.0M | 4.70% | Jul 2028 | 1.25x | 62% | Current |
| Olathe KS Property | Olathe, KS | Industrial | $30.0M | 6.499% | Jan 2028 | n/a | n/a | Current |
| 6509-6519 Barry Road | Kansas City, MO | Retail | $27.7M | 5.363% | Sep 2028 | 1.71x | 85% | Current |
| Embassy Suites Overland Park | Overland Park, KS | Hotel | $16.6M | 5.352% | Oct 2028 | 1.37x | 70% | Current |
| Jamestown Villas | Kansas City, MO | Multifamily | $12.0M | 5.02% | Dec 2028 | 1.20x | 97% | Current |
| Park South | Kansas City, MO | Multifamily | $7.6M | 4.98% | Dec 2028 | 1.25x | 88% | Current |
| Peregrine Valley Apts | Independence, MO | Multifamily | $4.8M | 5.44% | Oct 2028 | 2.03x | 100% | 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.