Office · Santa Monica, California
2730 Wilshire
2730 Wilshire is financed with a $22.1M CMBS loan at 6.40% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $22,150,000
- Original balance (same notes)
- $22,150,000
- Interest rate
- 6.40% fixed
- Originated
- December 30, 2025
- Maturity
- January 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2030
- Master servicer
- Midland
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2730 Wilshire Boulevard, Santa Monica, CA 90403
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 60,517 sq ft
- Built
- 1985, renovated 2024
- Largest tenants
- Matrix Physical Therapy; Imagen Santa Monica Bay Dental Support Services, LLC; Joseph Lebovic M.D.(LSG Imaging)
- Value at securitization
- $40.5M (Oct 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.73x | n/a |
| Occupancy | 79% | n/a |
| Net operating income | $2.5M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2026-5C40 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Largest tenant's lease ends within 12 months
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 May 2027 as the lease end date for the largest tenant (Matrix Physical Therapy), before the loan matures. Lenders look hard at that rollover.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $22.1M | Current | No | n/a | n/a |
| August 2026 | $22.1M | Current | No | n/a | n/a |
| July 2026 | $22.1M | Current | No | n/a | n/a |
| June 2026 | $22.1M | Current | No | n/a | n/a |
| May 2026 | $22.1M | Current | No | n/a | n/a |
| April 2026 | $22.1M | Current | No | n/a | n/a |
| March 2026 | $22.1M | Current | No | n/a | n/a |
| February 2026 | $22.1M | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2026-5C40 | 13 | $22,150,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1888 Century Park East | Los Angeles, CA | Office | $200.0M | 2.641% | Dec 2031 | 3.24x | 70% | Current |
| Hilton Waterfront Beach Resort | Huntington Beach, CA | Hotel | $127.0M | 6.107% | Mar 2031 | n/a | n/a | Current |
| Glendale Fashion Center | Glendale, CA | Retail | $100.0M | 6.518% | Jul 2031 | n/a | n/a | Current |
| Freeway Business Park | Long Beach, CA | Office | $95.0M | 6.024% | Mar 2031 | n/a | n/a | Current |
| La Habra Marketplace | La Habra, CA | Retail | $95.0M | 3.70% | Dec 2031 | 2.67x | 99% | Current |
| Plaza La Cienega | Los Angeles, CA | Mixed use | $90.0M | 3.49% | Oct 2031 | n/a | n/a | Current |
| Chateau Marmont | Los Angeles, CA | Hotel | $65.0M | 6.51% | Apr 2031 | n/a | n/a | Current |
| Del Rey Campus | Los Angeles, CA | Office | $65.0M | 6.95% | Mar 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Los Angeles-Long Beach-Anaheim 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.