Office portfolio, 8 properties · Fremont, California
47071 Bayside Parkway
Public CMBS trusts hold $57.0M of the loan on this portfolio at 6.864% that reaches maturity on June 11, 2034, in 7 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $57,000,000
- Original balance (same notes)
- $57,000,000
- Interest rate
- 6.864% fixed
- Originated
- May 30, 2024
- Maturity
- June 11, 2034
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 10, 2033
- Master servicer
- Wells Fargo
- Originator
- Bank of Montreal, UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 47071 Bayside Parkway, Fremont, CA 94538
- Metro
- San Francisco-Oakland-Fremont, CA
- Value at securitization
- $245.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $14.9M | $31.3M |
| Debt yield | 55.0% |
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 BMO 2024-C9 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 110% above the underwritten figure ($31.3M a year against $14.9M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 47071 Bayside Parkway | Fremont, CA | Office | 100% | 1.84x |
| 4 Maguire Road | Lexington, MA | Office | 100% | 2.12x |
| 200 Old Country Road | Mineola, NY | Office | 84% | 1.20x |
| 21 Spurs Lane | San Antonio, TX | Office | 93% | 2.39x |
| 5750 Centre Avenue | Pittsburgh, PA | Office | 83% | 1.85x |
| 1325 South Congress Avenue | Boynton Beach, FL | Office | 90% | 1.81x |
| 1501 Milstead Road | Conyers, GA | Office | 100% | 2.16x |
| 210 Mall Boulevard | King Of Prussia, PA | Office | 100% | 2.49x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $57.0M | Current | No | 1.84x | 100% |
| August 2026 | $57.0M | Current | No | 1.85x | 100% |
| July 2026 | $57.0M | Current | No | n/a | n/a |
| June 2026 | $57.0M | Current | No | n/a | n/a |
| May 2026 | $57.0M | Current | No | n/a | n/a |
| April 2026 | $57.0M | Current | No | 1.68x | 100% |
| March 2026 | $57.0M | Current | No | 1.56x | 100% |
| February 2026 | $57.0M | Current | No | 1.56x | 100% |
| January 2026 | $57.0M | Current | No | 1.56x | 100% |
| December 2025 | $57.0M | Payment not received but still in grace period or not yet due | No | 1.51x | 100% |
| November 2025 | $57.0M | Current | No | 1.51x | 100% |
| October 2025 | $57.0M | Current | No | 1.51x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2024-C9 Mortgage Trust | 6 | $57,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Park Tower at Transbay | San Francisco, CA | Office | $435.0M | 3.45% | Aug 2034 | 3.43x | 99% | Current |
| Visa Global Hq, San Francisco (2034 maturity), loan 4 in BANK 2024-BNK48 | San Francisco, CA | Office | $168.0M | 5.506% | Sep 2034 | 1.97x | 98% | Current |
| VISA Global HQ, San Francisco (2034 maturity), loan 6 in BANK 2025-BNK49 | San Francisco, CA | Office | $55.0M | 5.506% | Sep 2034 | 1.97x | 98% | Current |
| Tan Central Park Retail | San Mateo, CA | Retail | $14.0M | 6.55% | Jun 2034 | 2.77x | 100% | Current |
| Uovo Livermore | Livermore, CA | Self storage | $9.5M | 6.48% | Mar 2034 | 1.91x | 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.