Office · Irvine, California
7 Corporate Park
7 Corporate Park is financed with a $10.0M CMBS loan at 4.21% that reaches maturity on March 1, 2032, in 5 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,000,000
- Original balance (same notes)
- $10,000,000
- Interest rate
- 4.21% fixed
- Originated
- February 17, 2022
- Maturity
- March 1, 2032
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 31, 2027
- Prepayment premium ends
- November 30, 2031 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 7 Corporate Park, Irvine, CA 92606
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 37,478 sq ft
- Built
- 1986, renovated 2019
- Largest tenants
- The Bascom Group, Llc; General Services Admin; Bank Of Hope
- Value at securitization
- $15.9M (Dec 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.25x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $958K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2022-C15 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 Jan 2029 as the lease end date for the largest tenant (The Bascom Group, Llc), 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 | $10.0M | Current | No | n/a | n/a |
| August 2026 | $10.0M | Current | No | n/a | n/a |
| July 2026 | $10.0M | Current | No | n/a | n/a |
| June 2026 | $10.0M | Current | No | n/a | n/a |
| May 2026 | $10.0M | Current | No | n/a | n/a |
| April 2026 | $10.0M | Current | No | 1.60x | 75% |
| March 2026 | $10.0M | Current | No | 1.86x | 88% |
| February 2026 | $10.0M | Current | No | 1.86x | 88% |
| January 2026 | $10.0M | Current | No | 1.86x | 88% |
| December 2025 | $10.0M | Current | No | 1.86x | 88% |
| November 2025 | $10.0M | Current | No | 1.86x | 88% |
| October 2025 | $10.0M | Current | No | 1.86x | 88% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2022-C15 | 30 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One Wilshire, Los Angeles (2032 maturity) | Los Angeles, CA | Office | $196.0M | 2.776% | Jan 2032 | 3.29x | 61% | Current |
| The Reef | Los Angeles, CA | Mixed use | $150.0M | 5.425% | May 2032 | n/a | n/a | Current |
| Uci Research Park Phases 12 & 13 | Irvine, CA | Office | $150.0M | 3.126% | Mar 2032 | 3.54x | 97% | Current |
| 417 & 433 West 164th Street | Gardena, CA | Industrial | $93.5M | 5.00% | Aug 2032 | n/a | n/a | Current |
| Romaine & Orange Square | Los Angeles, CA | Office | $68.0M | 4.44% | Apr 2032 | 1.69x | 91% | Current |
| 935-953 Sycamore | Los Angeles, CA | Mixed use | $60.0M | 5.44% | Aug 2032 | 1.83x | 96% | Current |
| The Garland Hotel | North Hollywood, CA | Hotel | $45.0M | 5.64% | Jul 2032 | 2.62x | 83% | Current |
| Whizin Market Square | Agoura Hills, CA | Retail | $40.3M | 4.76% | Apr 2032 | 1.74x | 98% | 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.