Multifamily · Los Angeles, California
970 Fedora
970 Fedora Street, Los Angeles, CA · Google Maps
970 Fedora is financed with a $15.5M CMBS loan at 5.85% that reaches maturity on August 6, 2031, in 4 years and 9 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $15,500,000
- Original balance (same notes)
- $15,500,000
- Interest rate
- 5.85% fixed
- Originated
- July 29, 2026
- Maturity
- August 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2031
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 970 Fedora Street, Los Angeles, CA 90006
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Units, rooms or beds
- 50
- Built
- 2021
- Value at securitization
- $20.9M (Jun 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.22x | n/a |
| Occupancy | 94% | n/a |
| Net operating income | $1.1M | n/a |
Comparable loans: multifamily properties in Los Angeles-Long Beach-Anaheim, CA, with NOI, occupancy and value.
Watch flags
Computed from the BBCMS Mortgage Trust 2026-M1 filing for the reporting period ending October 13, 2026, filed with the SEC October 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.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
- Parties and contacts named by the trust
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Sep 2026.
Source: SEC Form 10-D, Exhibit 99.1 distribution statement, filed Oct 2026.
Operating statement
| Annual | At securitization | Latest | Per unit |
|---|---|---|---|
| Revenue | $1.5M | n/a | |
| Operating expenses | $350K | n/a | |
| Net operating income | $1.1M | n/a | |
| Net cash flow | $1.1M | n/a | |
| Expense ratio | 23.9% | n/a |
From the servicer's Schedule AL report; 50 units.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $15.5M | Current | No | n/a | n/a |
| September 2026 | $15.5M | Current | No | n/a | n/a |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2026-M1 | 16 | $15,500,000 | Oct 2026 | SEC filing, October 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1888 Century Park East | Los Angeles, CA | Office | $200.0M | 2.641% | Dec 2031 | 3.24x | 70% | Current |
| Hilton Waterfront Beach Resort | Huntington Beach, CA | Hotel | $127.0M | 6.107% | Mar 2031 | 2.08x | n/a | Current |
| Glendale Fashion Center | Glendale, CA | Retail | $100.0M | 6.518% | Jul 2031 | 1.21x | 100% | Current |
| Freeway Business Park | Long Beach, CA | Office | $95.0M | 6.024% | Mar 2031 | 1.25x | n/a | Current |
| La Habra Marketplace | La Habra, CA | Retail | $95.0M | 3.70% | Dec 2031 | 2.67x | 99% | Current |
| Plaza La Cienega | Los Angeles, CA | Mixed use | $90.0M | 3.49% | Oct 2031 | 2.48x | 97% | Current |
| Del Rey Campus | Los Angeles, CA | Office | $72.0M | 6.95% | Mar 2031 | 0.48x | 82% | Current |
| Chateau Marmont | Los Angeles, CA | Hotel | $65.0M | 6.51% | Apr 2031 | n/a | n/a | Current |
All loans maturing in 2031 · 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 October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.