Office · Sunnyvale, California
Apple Campus 3, Sunnyvale (2028 maturity), loan 1 in BANK 2018-BNK10
Public CMBS trusts hold $310.0M of the loan on Apple Campus 3 at 3.365% that reaches its anticipated repayment date on January 6, 2028, in 14 months. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $310,000,000
- Original balance (same notes)
- $310,000,000
- Interest rate
- 3.365% fixed
- Originated
- December 14, 2017
- Maturity
- April 6, 2031
- Anticipated repayment date
- January 6, 2028 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company, Wells Fargo Bank, National Association, Deutsche Bank AG, New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 222 North Wolfe Road, Sunnyvale, CA 94085
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 882,657 sq ft
- Built
- 2017
- Largest tenants
- Apple
- Value at securitization
- $701.4M (Dec 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.57x | 3.78x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $41.4M | $44.1M |
| Debt yield | 14.2% |
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-GS9 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 7% above the underwritten figure ($44.1M a year against $41.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.57x at securitization to 3.78x on the latest statements.
- The most recent valuation in the filing is $773.6M (June 1, 2019), against $701.4M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $68.0M | Current | No | 3.78x | 100% |
| September 2026 | $310.0M | Current | No | 3.78x | 100% |
| August 2026 | $310.0M | Current | No | 3.82x | 100% |
| July 2026 | $310.0M | Current | No | 3.82x | 100% |
| June 2026 | $310.0M | Current | No | 3.82x | 100% |
| May 2026 | $310.0M | Current | No | 3.66x | 100% |
| April 2026 | $310.0M | Current | No | 3.66x | 100% |
| March 2026 | $216.0M | Current | No | 3.64x | 100% |
| February 2026 | $310.0M | Current | No | 3.64x | 100% |
| January 2026 | $310.0M | Current | No | 3.64x | 100% |
| December 2025 | $310.0M | Current | No | 3.64x | 100% |
| November 2025 | $310.0M | Current | No | 3.64x | 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
The loan is split into 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2018-BNK10 | 1 | $94,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BENCHMARK 2018-B2 Mortgage Trust | 3 | $68,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| GS Mortgage Securities Trust 2018-GS9 | 2 | $68,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
| BANK 2018-BNK11 | 3 | $63,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BANK 2018-BNK12 | 12 | $17,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Apple Campus 3, Sunnyvale (2028 maturity), loan 7 in Wells Fargo Commercial Mortgage Trust 2018-C43 | Sunnyvale, CA | Office | $30.0M | 3.365% | Jan 2028 | 3.78x | 100% | 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 periods ending September 11, 2026, October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.