Office portfolio, 5 properties · Philadelphia, Pennsylvania
3001 Red Lion Road
Public CMBS trusts hold $91.8M of the loan on this portfolio at 3.379% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $91,750,000
- Original balance (same notes)
- $91,750,000
- Interest rate
- 3.379% fixed
- Originated
- October 31, 2019
- Maturity
- November 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- November 5, 2021
- Prepayment premium ends
- August 5, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3001 Red lion Road, Philadelphia, PA 19114
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Value at securitization
- $165.9M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | $10.3M | $11.6M |
| Debt yield | 12.7% |
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 GS Mortgage Securities Trust 2020-GC45 filing for the reporting period ending October 9, 2026, filed with the SEC October 22, 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
- Net operating income is 13% above the underwritten figure ($11.6M a year against $10.3M; the latest statement covers 3 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 3001 Red Lion Road | Philadelphia, PA | Office | n/a | n/a |
| 4536 & 4545 Assembly Drive | Rockford, IL | Office | 100% | 3.09x |
| 6166 Nancy Ridge Drive | San Diego, CA | Office | n/a | n/a |
| 6146 Nancy Ridge Drive | San Diego, CA | Office | n/a | n/a |
| 1635 & 1639 New Milford School Rd | Rockford, IL | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $35.0M | Current | No | n/a | n/a |
| September 2026 | $91.8M | Current | No | n/a | n/a |
| August 2026 | $91.8M | Current | No | n/a | n/a |
| July 2026 | $91.8M | Current | No | n/a | n/a |
| June 2026 | $91.8M | Current | No | n/a | n/a |
| May 2026 | $91.8M | Current | No | n/a | n/a |
| April 2026 | $91.8M | Current | No | n/a | n/a |
| March 2026 | $91.8M | Current | No | n/a | n/a |
| February 2026 | $91.8M | Current | No | n/a | n/a |
| January 2026 | $91.8M | Current | No | n/a | n/a |
| December 2025 | $91.8M | Current | No | n/a | n/a |
| November 2025 | $91.8M | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| COMM 2019-GC44 Mortgage Trust | 7 | $40,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| GS Mortgage Securities Trust 2020-GC45 | 18 | $35,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | 19 | $16,750,000 | Sep 2026 | SEC filing, September 23, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cira Square | Philadelphia, PA | Office | $135.0M | 6.851% | Jun 2029 | 2.98x | 100% | Current |
| The Piazza | Philadelphia, PA | Multifamily | $108.5M | 5.91% | Aug 2029 | 1.15x | 100% | Current |
| Duane Morris Plaza | Philadelphia, PA | Office | $105.3M | 3.844% | Nov 2029 | 1.69x | 92% | Current |
| Hilton Penn's Landing | Philadelphia, PA | Hotel | $70.0M | 4.88% | Aug 2029 | 1.37x | 69% | Current |
| Presidential City | Philadelphia, PA | Multifamily | $60.0M | 3.498% | Sep 2029 | 0.91x | 92% | Current |
| One & Olney | Philadelphia, PA | Retail | $50.0M | 3.48% | Oct 2029 | 3.09x | 99% | Current |
| 1000 Chesterbrook | Berwyn, PA | Office | $37.9M | 4.14% | Oct 2029 | 1.72x | 100% | Current |
| Global Data Center | Collegeville, PA | Other | $37.0M | 4.32% | Aug 2029 | 2.84x | 100% | Current |
All loans maturing in 2029 · All Philadelphia-Camden-Wilmington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 9, 2026, September 11, 2026, October 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.