Hotel portfolio, 2 properties · California
Basecamp Tahoe Portfolio
This portfolio is financed with a $11.7M CMBS loan at 5.383% that reaches maturity on April 11, 2032, in 5 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
- $11,714,423
- Original balance (same notes)
- $12,500,000
- Interest rate
- 5.383% fixed
- Originated
- March 30, 2022
- Maturity
- April 11, 2032
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- January 10, 2032
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 97
- Value at securitization
- $22.1M (Mar 2022)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.95x | 1.44x |
| Occupancy | 57% | 66% |
| Net operating income | $1.6M | $1.2M |
| Debt yield | 10.4% |
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 2022-BNK41 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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
- Occupancy has risen from 57% when the loan was securitized to 66%.
- Net operating income is 26% below the underwritten figure ($1.2M a year against $1.6M).
- Debt service coverage moved from 1.95x at securitization to 1.44x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.7M | Current | No | 1.44x | 66% |
| August 2026 | $11.7M | Current | No | 1.44x | 66% |
| July 2026 | $11.7M | Current | No | 1.44x | 66% |
| June 2026 | $24.0M | Current | No | 2.43x | 90% |
| May 2026 | $11.8M | Current | No | 1.63x | 70% |
| April 2026 | $11.8M | Current | No | 1.63x | 70% |
| March 2026 | $11.8M | Current | No | 1.63x | 70% |
| February 2026 | $11.8M | Current | No | 1.63x | 70% |
| January 2026 | $11.8M | Current | No | 1.63x | 70% |
| December 2025 | $11.9M | Current | No | 1.63x | 70% |
| November 2025 | $11.9M | Current | No | 1.63x | 70% |
| October 2025 | $11.9M | Current | No | 1.63x | 70% |
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 2022-BNK41 | 25 | $11,714,423 | Sep 2026 | SEC filing, October 1, 2026 |
Other California 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 |
| Rialto Industrial | Rialto, CA | Industrial | $181.0M | 7.61% | Dec 2032 | n/a | n/a | Late, less than 30 days |
| Coleman Highline Phase IV, San Jose (2032 maturity) | San Jose, CA | Office | $174.0M | 2.494% | Apr 2032 | 2.77x | 100% | 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 |
| 3075 Olcott | Santa Clara, CA | Office | $142.0M | 5.10% | Apr 2032 | 1.61x | 100% | Current |
| The Lion Building | San Francisco, CA | Mixed use | $100.0M | 5.197% | Jul 2032 | 2.21x | 100% | Current |
| 417 & 433 West 164th Street | Gardena, CA | Industrial | $93.5M | 5.00% | Aug 2032 | n/a | n/a | 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.