Retail · Bellflower, California
Aldi - Bellflower
Aldi - Bellflower is financed with a $4.2M CMBS loan at 3.80% that reaches maturity on April 1, 2030, in 3 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
- $4,150,888
- Original balance (same notes)
- $4,750,000
- Interest rate
- 3.80% fixed
- Originated
- March 2, 2020
- Maturity
- April 1, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 30, 2029
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 16121 and 16123 Bellflower Boulevard, Bellflower, CA 90706
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 35,000 sq ft
- Built
- 1977, renovated 2019
- Largest tenants
- Aldi Food Store
- Value at securitization
- $9.6M (Jan 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 1.79x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $485K | $483K |
| Debt yield | 11.6% |
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 BANK 2020-BNK27 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 Nov 2029 as the lease end date for the largest tenant (Aldi Food Store), 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 | $4.2M | Current | No | 1.79x | 100% |
| August 2026 | $4.2M | Current | No | 1.79x | 100% |
| July 2026 | $4.2M | Current | No | 1.79x | 100% |
| June 2026 | $4.2M | Current | No | 1.79x | 100% |
| May 2026 | $4.2M | Current | No | 1.79x | 100% |
| April 2026 | $4.2M | Current | No | 1.79x | 100% |
| March 2026 | $4.2M | Current | No | 1.79x | 100% |
| February 2026 | $4.2M | Current | No | 1.76x | 100% |
| January 2026 | $4.2M | Current | No | 1.76x | 100% |
| December 2025 | $4.2M | Current | No | 1.76x | 100% |
| November 2025 | $4.2M | Current | No | 1.77x | 100% |
| October 2025 | $4.2M | Current | No | 1.77x | 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 |
|---|---|---|---|---|
| BANK 2020-BNK27 | 33 | $4,150,888 | Sep 2026 | SEC filing, September 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Amazon LAX | Los Angeles, CA | Industrial | $116.3M | 5.509% | Dec 2030 | 1.73x | 100% | Current |
| Amazon West LA | Los Angeles, CA | Retail | $75.0M | 2.77% | Nov 2030 | 4.55x | 100% | Current |
| City National Plaza | Los Angeles, CA | Office | $70.0M | 2.44% | Apr 2030 | 4.53x | 81% | Current |
| Koreatown Plaza | Los Angeles, CA | Retail | $70.0M | 6.03% | Dec 2030 | n/a | n/a | Current |
| 29903 Agoura Property | Agoura, CA | Office | $67.2M | 4.193% | Feb 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Equinox Sports Club La | Los Angeles, CA | Retail | $66.4M | 6.717% | Jul 2030 | 1.46x | 100% | Current |
| Century Business Center | Hawthorne, CA | Industrial | $63.2M | 6.635% | Jun 2030 | n/a | n/a | Current |
| Figueroa Tower | Los Angeles, CA | Office | $53.6M | 7.519% | Jan 2030 | n/a | n/a | Current |
All loans maturing in 2030 · 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.