Manufactured housing · Redwood City, California
Bayshore Villa Mhc
Bayshore Villa Mhc is financed with a $15.3M CMBS loan at 2.99% that reaches maturity on December 1, 2030, in 4 years and 1 month. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $15,300,000
- Original balance (same notes)
- $15,300,000
- Interest rate
- 2.99% fixed
- Originated
- November 20, 2020
- Maturity
- December 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 31, 2030
- Master servicer
- Midland Loan Services
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3499 East Bayshore Road, Redwood City, CA 94063
- Metro
- San Francisco-Oakland-Fremont, CA
- Units, rooms or beds
- 143
- Built
- 1962
- Value at securitization
- $29.4M (Nov 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.30x | 3.15x |
| Occupancy | 94% | 100% |
| Net operating income (annualized from 6 months) | $1.5M | $2.9M |
| Debt yield | 19.3% |
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 2020-GSA2 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
- Occupancy has risen from 94% when the loan was securitized to 100%.
- Net operating income is 92% above the underwritten figure ($2.9M a year against $1.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.30x at securitization to 3.15x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $15.3M | Current | No | 3.15x | 100% |
| September 2026 | $15.3M | Current | No | 3.15x | 100% |
| August 2026 | $15.3M | Current | No | n/a | n/a |
| July 2026 | $15.3M | Current | No | n/a | n/a |
| June 2026 | $15.3M | Current | No | n/a | n/a |
| May 2026 | $15.3M | Current | No | n/a | n/a |
| April 2026 | $15.3M | Current | No | 3.99x | 99% |
| March 2026 | $15.3M | Current | No | 3.99x | 99% |
| February 2026 | $15.3M | Current | No | 3.99x | 99% |
| January 2026 | $15.3M | Current | No | 3.99x | 99% |
| December 2025 | $15.3M | Current | No | 3.99x | 99% |
| November 2025 | $15.3M | Current | No | 3.99x | 99% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GSA2 | 15 | $15,300,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Burlingame Point | Burlingame, CA | Office | $360.0M | 3.017% | Jul 2030 | 2.68x | 100% | Current |
| Radius at Harbor Bay | Alameda, CA | Other | $166.4M | 6.126% | Jan 2030 | 1.48x | 90% | Current |
| 525 Market Street | San Francisco, CA | Office | $110.0M | 2.95% | Feb 2030 | 2.17x | 70% | Current |
| The Plaza at Walnut Creek | Walnut Creek, CA | Office | $97.2M | 6.598% | Feb 2030 | 2.87x | 93% | Current |
| 420 Taylor | San Francisco, CA | Office | $79.5M | 3.75% | Aug 2030 | 3.45x | 100% | Current |
| 525 Market | San Francisco, CA | Office | $50.0M | 2.95% | Feb 2030 | 2.12x | 72% | Current |
| Panoramic Berkeley | Berkeley, CA | Multifamily | $42.0M | 3.848% | Apr 2030 | 2.23x | 99% | Current |
| 1420 Harbor Bay Parkway | Alameda, CA | Mixed use | $41.6M | 6.126% | Jan 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All San Francisco-Oakland-Fremont loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.