Retail portfolio, 2 properties · California
284 West Shaw and 1701 Santa Clara
This portfolio is financed with a $9.4M CMBS loan at 4.11% that reaches maturity on February 11, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $9,399,496
- Original balance (same notes)
- $10,600,000
- Interest rate
- 4.11% fixed
- Originated
- February 11, 2020
- Maturity
- February 11, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred April 17, 2026
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Value at securitization
- $14.7M
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.57x | 0.37x |
| Occupancy | 97% | 95% |
| Net operating income (annualized from 3 months) | $963K | $467K |
| Debt yield | 5.0% |
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 Wells Fargo Commercial Mortgage Trust 2020-C58 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since March 2026.
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
- Net operating income is 52% below the underwritten figure ($467K a year against $963K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.57x at securitization to 0.37x on the latest statements.
- At 0.37x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.4M | 90+ days delinquent | Yes | 0.37x | 95% |
| August 2026 | $9.4M | 90+ days delinquent | Yes | 0.37x | 95% |
| July 2026 | $9.4M | 90+ days delinquent | Yes | 1.67x | 95% |
| June 2026 | $9.4M | 60-89 days delinquent | Yes | 1.67x | 95% |
| May 2026 | $9.4M | 90+ days delinquent | Yes | 1.67x | 95% |
| April 2026 | $9.4M | 60-89 days delinquent | No | 1.67x | 95% |
| March 2026 | $9.4M | 30-59 days delinquent | No | 1.67x | 95% |
| February 2026 | $9.4M | Current | No | 1.67x | 95% |
| January 2026 | $9.4M | Current | No | 1.67x | 95% |
| December 2025 | $9.5M | Current | No | 1.67x | 95% |
| November 2025 | $9.5M | Current | No | 1.66x | 95% |
| October 2025 | $9.5M | Current | No | 1.66x | 95% |
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.
Special-servicing history
- Transferred to the special servicer April 17, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2020-C58 | 25 | $9,399,496 | Sep 2026 | SEC filing, September 29, 2026 |
Other California loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Burlingame Point | Burlingame, CA | Office | $360.0M | 3.017% | Jul 2030 | 2.68x | 100% | Current |
| Mcclellan Park | McClellan, CA | Mixed use | $358.0M | 3.309% | Dec 2030 | n/a | n/a | Current |
| 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 |
| Radius at Harbor Bay | Alameda, CA | Other | $166.4M | 6.126% | Jan 2030 | 1.48x | 90% | 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 |
| Amazon LAX | Los Angeles, CA | Industrial | $116.3M | 5.509% | Dec 2030 | 1.73x | 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.