Office · San Diego, California

2650 Camino Del Rio

2650 Camino Del Rio is financed with a $8.7M CMBS loan at 4.81% that reaches maturity on May 1, 2029, in 2 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
$8,664,555
Original balance (same notes)
$9,300,000
Interest rate
4.81% fixed
Originated
April 5, 2019
Maturity
May 1, 2029
Payments
Interest only for 36 months, then amortizing
Prepayment lockout ends
January 31, 2029
Master servicer
Trimont LLC
Originator
BANA

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
2650 Camino Del Rio North, San Diego, CA 92108
Metro
San Diego-Chula Vista-Carlsbad, CA
Rentable area
70,043 sq ft
Built
1983
Largest tenants
RGN-MCA California III LLC; First Command; Alasan III LLC
Value at securitization
$14.5M (Oct 2019)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)1.77x1.86x
Occupancy97%86%
Net operating income (annualized from 6 months)$1.0M$1.1M
Debt yield12.7%

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 2019-BNK24 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.

  • Occupancy down 10 points or more from securitization

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 fallen from 97% when the loan was securitized to 86%.
  • Net operating income is 5% above the underwritten figure ($1.1M a year against $1.0M; the latest statement covers 6 months, annualized).

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$8.7MCurrentNo1.86x86%
August 2026$8.7MCurrentNo1.86x86%
July 2026$8.7MCurrentNo1.86x86%
June 2026$8.7MCurrentNo2.02x84%
May 2026$8.7MCurrentNo2.05x82%
April 2026$8.7MCurrentNo2.05x82%
March 2026$8.7MCurrentNo2.05x82%
February 2026$8.8MCurrentNo2.05x82%
January 2026$8.8MCurrentNo2.05x82%
December 2025$8.8MCurrentNo1.84x79%
November 2025$8.8MCurrentNo1.84x79%
October 2025$8.8MCurrentNo1.84x79%

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.

TrustLoan no.BalanceReport periodSource
BANK 2019-BNK2429$8,664,555Sep 2026SEC filing, September 29, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other San Diego-Chula Vista-Carlsbad loans due in 2029

Property Location Type Balance Rate Matures DSCR Occ. Status
Sunroad Centrum San Diego, CA Office $82.5M 7.912% May 2029 1.26x 100% Current
Highlands Corporate Center San Diego, CA Office $52.0M 6.80% Dec 2029 n/a n/a Current
Vista Village Shopping Center Vista, CA Retail $44.0M 4.38% Apr 2029 2.59x 91% Current
Homewood Suites Mission Valley San Diego, CA Hotel $28.4M 7.886% Apr 2029 1.17x 95% Current
Hilton Garden Inn - San Diego Mission Valley Stadium San Diego, CA Hotel $21.1M 4.65% Jul 2029 1.90x 85% Current
Holiday Inn - San Diego San Diego, CA Hotel $20.9M 4.31% Sep 2029 2.19x n/a Current
Monarch Corporate Center San Diego, CA Office $19.8M 4.65% Jan 2029 2.05x 89% Current
Miramar Metroplex San Diego, CA Mixed use $18.9M 6.818% Nov 2029 1.99x 75% Current

All loans maturing in 2029 · All San Diego-Chula Vista-Carlsbad 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.