Self storage portfolio, 13 properties · Oakland, California
2615 East 12th Street
Public CMBS trusts hold $20.0M of the loan on this portfolio at 7.03% that reaches maturity on October 6, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $20,000,000
- Original balance (same notes)
- $20,000,000
- Interest rate
- 7.03%
- Originated
- September 22, 2023
- Maturity
- October 6, 2028
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- GSBI, WFBNA
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2615 East 12th Street, Oakland, CA 94606
- Metro
- San Francisco-Oakland-Fremont, CA
- Value at securitization
- $135.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | $7.4M |
| Debt yield | 37.1% |
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 BMO 2023-5C2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 |
|---|---|---|---|---|
| 2615 East 12th Street | Oakland, CA | Self Storage | 98% | 1.22x |
| Parkglenn Self-Storage | Parker, CO | Self Storage | 87% | n/a |
| 630 Macarthur Boulevard & 59 Jonathan Bourne Drive | Bourne, MA | Self Storage | 95% | n/a |
| 30690 Aldine Westfield Rd | Spring, TX | Self Storage | 91% | n/a |
| 13404 E Broncos Pkwy | Englewood, CO | Self Storage | 93% | n/a |
| 3803 N Navarro St | Victoria, TX | Self Storage | 85% | n/a |
| 2102 NW Stallings Dr | Nacogdoches, TX | Self Storage | 80% | n/a |
| 2005 W Wheeler Ave | Aransas Pass, TX | Self Storage | 80% | n/a |
| 3817 Gulf Freeway | Dickinson, TX | Self Storage | 83% | n/a |
| 1600 E General Cavazos Blvd | Kingsville, TX | Self Storage | 81% | n/a |
| 11615 Rubina Pl | Waldorf, MD | Self Storage | 90% | n/a |
| 4222 N Main St | Baytown, TX | Self Storage | 89% | n/a |
| 12 Irongate Drive | Waldorf, MD | Self Storage | 92% | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.0M | Not reported | No | 1.22x | 98% |
| August 2026 | $20.0M | Not reported | No | 1.22x | 98% |
| July 2026 | $20.0M | Not reported | No | 1.22x | 98% |
| June 2026 | $20.0M | Not reported | No | 1.22x | 98% |
| May 2026 | $20.0M | Not reported | No | 1.22x | 98% |
| April 2026 | $20.0M | Not reported | No | 1.17x | 98% |
| March 2026 | $20.0M | Late payment but less than 30 days delinquent | No | 1.17x | 98% |
| February 2026 | $20.0M | Late payment but less than 30 days delinquent | No | 1.17x | 98% |
| January 2026 | $20.0M | Not reported | No | 1.17x | 98% |
| December 2025 | $20.0M | Late payment but less than 30 days delinquent | No | 1.17x | 98% |
| November 2025 | $20.0M | Not reported | No | 1.17x | 98% |
| October 2025 | $20.0M | Late payment but less than 30 days delinquent | No | 1.17x | 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 |
|---|---|---|---|---|
| BMO 2023-5C2 Mortgage Trust | 14 | $20,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 181 Fremont Street | San Francisco, CA | Office | $250.0M | 3.709% | Apr 2028 | 3.52x | 100% | Current |
| The Gateway | San Francisco, CA | Multifamily | $210.0M | 3.722% | Apr 2028 | 2.91x | 95% | Current |
| Charles Schwab Plaza | San Francisco, CA | Office | $119.4M | 3.555% | Apr 2028 | 2.02x | 100% | Current |
| Pier 70 | San Francisco, CA | Mixed use | $115.0M | 4.878% | Oct 2028 | 3.03x | 100% | Current |
| InterContinental San Francisco | San Francisco, CA | Hotel | $91.4M | 4.145% | Jan 2028 | 0.54x | 65% | Current |
| City Square and Clay Street | Oakland, CA | Mixed use | $90.0M | 4.728% | Feb 2028 | 0.81x | 54% | Current |
| Lake Merritt Plaza | Oakland, CA | Office | $80.0M | 8.012% | Nov 2028 | 1.57x | 75% | Current |
| 400 South El Camino Real | San Mateo, CA | Office | $67.7M | 4.697% | Dec 2028 | 1.48x | 99% | Current |
All loans maturing in 2028 · All San Francisco-Oakland-Fremont 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.