Office · San Francisco, California
651 Brannan Street
651 Brannan Street is financed with a $24.6M CMBS loan at 5.835% that reaches maturity on October 1, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,603,484
- Original balance (same notes)
- $25,000,000
- Interest rate
- 5.835% fixed
- Originated
- September 5, 2025
- Maturity
- October 1, 2030
- Payments
- Amortizing over 25 years
- Prepayment premium ends
- April 30, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- JPMCB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 651 Brannan Street, San Francisco, CA 94107
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 137,326 sq ft
- Built
- 1911, renovated 2015
- Largest tenants
- PINTEREST; VERIZON
- Value at securitization
- $89.1M (Jun 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 5.07x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $9.6M | n/a |
Watch flags
Computed from the BANK5 2025-5YR18 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 May 2029 as the lease end date for the largest tenant (PINTEREST), before the loan matures. Lenders look hard at that rollover.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.6M | Current | No | n/a | n/a |
| August 2026 | $24.6M | Current | No | n/a | n/a |
| July 2026 | $24.7M | Current | No | n/a | n/a |
| June 2026 | $24.7M | Current | No | n/a | n/a |
| May 2026 | $24.7M | Current | No | n/a | n/a |
| April 2026 | $24.8M | Current | No | n/a | n/a |
| March 2026 | $24.8M | Current | No | n/a | n/a |
| February 2026 | $24.9M | Current | No | n/a | n/a |
| January 2026 | $24.9M | Current | No | n/a | n/a |
| December 2025 | $24.9M | Current | No | 5.02x | 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 |
|---|---|---|---|---|
| BANK5 2025-5YR18 | 12 | $24,603,484 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Francisco-Oakland-Fremont 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 |
| Radius at Harbor Bay | Alameda, CA | Other | $166.4M | 6.126% | Jan 2030 | 1.48x | 90% | Current |
| 525 Market Street | San Francisco, CA | Office | $110.0M | 2.95% | Feb 2030 | 2.17x | 70% | Current |
| The Plaza at Walnut Creek | Walnut Creek, CA | Office | $97.2M | 6.598% | Feb 2030 | 2.87x | 93% | Current |
| 420 Taylor | San Francisco, CA | Office | $79.5M | 3.75% | Aug 2030 | 3.45x | 100% | Current |
| 525 Market | San Francisco, CA | Office | $50.0M | 2.95% | Feb 2030 | 2.12x | 72% | Current |
| Panoramic Berkeley | Berkeley, CA | Multifamily | $42.0M | 3.848% | Apr 2030 | 2.23x | 99% | Current |
| 1420 Harbor Bay Parkway | Alameda, CA | Mixed use | $41.6M | 6.126% | Jan 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All San Francisco-Oakland-Fremont 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.