Office · Los Angeles, California
5454 Beethoven Street
5454 Beethoven Street is financed with a $33.0M CMBS loan at 6.61% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $33,000,000
- Original balance (same notes)
- $33,000,000
- Interest rate
- 6.61% fixed
- Originated
- March 8, 2024
- Maturity
- April 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- May 5, 2025
- Prepayment premium ends
- January 5, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 5454 Beethoven Street, Los Angeles, CA 90066
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 87,526 sq ft
- Built
- 1969, renovated 2023
- Largest tenants
- Activision Publishing, Inc.
- Value at securitization
- $57.9M (Jan 2024)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.70x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $3.7M | n/a |
Watch flags
Computed from the Benchmark 2024-V7 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 2029 as the lease end date for the largest tenant (Activision Publishing, 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 | $33.0M | Current | No | n/a | n/a |
| August 2026 | $33.0M | Current | No | n/a | n/a |
| July 2026 | $33.0M | Current | No | n/a | n/a |
| June 2026 | $33.0M | Current | No | n/a | n/a |
| May 2026 | $33.0M | Current | No | n/a | n/a |
| April 2026 | $33.0M | Current | No | 1.64x | 100% |
| March 2026 | $33.0M | Current | No | 1.64x | 100% |
| February 2026 | $33.0M | Current | No | 1.64x | 100% |
| January 2026 | $33.0M | Current | No | 1.64x | 100% |
| December 2025 | $33.0M | Current | No | 1.67x | 100% |
| November 2025 | $33.0M | Current | No | 1.67x | 100% |
| October 2025 | $33.0M | Current | No | 1.67x | 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 |
|---|---|---|---|---|
| Benchmark 2024-V7 Mortgage Trust | 13 | $33,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
All loans maturing in 2029 · 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.