Office · Mountain View, California
280 North Bernardo
Public CMBS trusts hold $71.0M of the loan on 280 North Bernardo at 3.95% that reaches maturity on July 6, 2030, in 3 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $71,000,000
- Original balance (same notes)
- $71,000,000
- Interest rate
- 3.95% fixed
- Originated
- June 29, 2020
- Maturity
- July 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2030
- Master servicer
- Midland
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 280 N. Bernardo Avenue, Mountain View, CA 94043
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 111,154 sq ft
- Built
- 1978, renovated 2020
- Largest tenants
- Aurora Operations, Inc.
- Value at securitization
- $120.0M (Apr 2020)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.31x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $6.6M | n/a |
Watch flags
Computed from the BENCHMARK 2020-B19 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
What the filing shows
- The filing gives Mar 2030 as the lease end date for the largest tenant (Aurora Operations, Inc.), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $71.0M | Current | No | n/a | n/a |
| August 2026 | $71.0M | Current | No | n/a | n/a |
| July 2026 | $71.0M | Current | No | n/a | n/a |
| June 2026 | $71.0M | Current | No | n/a | n/a |
| May 2026 | $71.0M | Current | No | n/a | n/a |
| April 2026 | $71.0M | Current | No | 2.82x | 100% |
| March 2026 | $71.0M | Current | No | 2.85x | 100% |
| February 2026 | $71.0M | Current | No | 2.85x | 100% |
| January 2026 | $71.0M | Current | No | 2.85x | 100% |
| December 2025 | $71.0M | Current | No | 2.85x | 100% |
| November 2025 | $71.0M | Current | No | 2.84x | 100% |
| October 2025 | $71.0M | Current | No | 2.84x | 100% |
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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2020-B18 Mortgage Trust | 8 | $40,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| DBJPM 2020-C9 Mortgage Trust | 16 | $20,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BENCHMARK 2020-B19 MORTGAGE TRUST | 28 | $11,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Towers Building B | Sunnyvale, CA | Office | $227.6M | 3.49% | Feb 2030 | n/a | n/a | Current |
| Coleman Highline, San Jose (2030 maturity), loan 2 in BANK 2020-BNK29 | San Jose, CA | Office | $167.7M | 2.867% | Nov 2030 | 4.15x | 100% | Current |
| Coleman Highline, San Jose (2030 maturity), loan 2 in BENCHMARK 2020-B19 MORTGAGE TRUST | San Jose, CA | Office | $155.0M | 2.80% | Sep 2030 | 4.47x | 100% | Current |
| Moffett Place - Building 6 | Sunnyvale, CA | Office | $132.6M | 3.369% | Aug 2030 | n/a | n/a | Current |
| Murphy Crossing | Milpitas, CA | Office | $85.0M | 3.58% | Mar 2030 | 2.94x | 21% | Current |
| The Campus at Lawson Lane | Santa Clara, CA | Office | $70.0M | 5.327% | Aug 2030 | n/a | n/a | Current |
| Netflix Hq | Los Gatos, CA | Office | $55.1M | 6.027% | Oct 2030 | n/a | n/a | Current |
| Hotel Valencia Santana Row | San Jose, CA | Hotel | $50.0M | 6.97% | Oct 2030 | n/a | n/a | Current |
All loans maturing in 2030 · 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.