Industrial · San Jose, California
5500 Hellyer Avenue
5500 Hellyer Avenue is financed with a $21.8M CMBS loan at 4.711% that reaches maturity on June 6, 2028, in 19 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $21,797,120
- Original balance (same notes)
- $25,590,000
- Interest rate
- 4.711% fixed
- Originated
- June 5, 2018
- Maturity
- June 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- February 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5500-5550 Hellyer Avenue, San Jose, CA 95138
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 196,534 sq ft
- Built
- 2000, renovated 2018
- Largest tenants
- Sakuu Corporation; Genista Biosciences Inc; Snap-On Incorporated
- Value at securitization
- $32.3M (May 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.61x | 1.46x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $2.6M | $2.3M |
| Debt yield | 10.8% |
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 2018-GS10 filing for the reporting period ending October 6, 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 9% below the underwritten figure ($2.3M a year against $2.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.61x at securitization to 1.46x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $21.8M | Current | No | 1.46x | 100% |
| September 2026 | $21.8M | Current | No | 1.46x | 100% |
| August 2026 | $21.9M | Current | No | 1.46x | 100% |
| July 2026 | $21.9M | Current | No | 1.30x | 100% |
| June 2026 | $22.0M | Current | No | 1.30x | 100% |
| May 2026 | $22.0M | Current | No | 1.19x | 100% |
| April 2026 | $22.1M | Current | No | 1.19x | 100% |
| March 2026 | $22.1M | Current | No | 1.19x | 100% |
| February 2026 | $22.2M | Current | No | 1.22x | 100% |
| January 2026 | $22.2M | Late payment but less than 30 days delinquent | No | 1.22x | 100% |
| December 2025 | $22.2M | Current | No | 1.22x | 100% |
| November 2025 | $22.3M | Current | No | 1.34x | 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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2018-GS10 | 13 | $21,797,120 | Oct 2026 | SEC filing, October 22, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Apple Campus 3, Sunnyvale (2028 maturity), loan 1 in BANK 2018-BNK10 | Sunnyvale, CA | Office | $310.0M | 3.365% | Jan 2028 | 3.78x | 100% | Current |
| Moffett Towers - Buildings E,f,g | Sunnyvale, CA | Office | $284.0M | 4.131% | Oct 2028 | 3.51x | 100% | Current |
| Moffett Towers II - Building 1 | Sunnyvale, CA | Office | $158.6M | 3.894% | Apr 2028 | 2.23x | 100% | Current |
| 1001 North Shoreline Boulevard | Mountain View, CA | Office | $64.5M | 3.465% | Apr 2028 | 3.61x | 100% | Current |
| 3495 Deer Creek Road | Palo Alto, CA | Office | $50.0M | 4.955% | Apr 2028 | 2.69x | 100% | Current |
| 590 Middlefield | Mountain View, CA | Office | $48.8M | 5.369% | Dec 2028 | 1.40x | 100% | Current |
| 601 Mccarthy | Milpitas, CA | Office | $30.7M | 4.172% | Sep 2028 | 4.69x | 100% | Current |
| 435 Tasso Street | Palo Alto, CA | Office | $30.0M | 4.402% | Dec 2028 | 1.02x | 73% | Current |
All loans maturing in 2028 · 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 October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.