Multifamily · Marietta, Georgia
Bella Grand
Bella Grand is financed with a $17.2M CMBS loan at 3.419% that reaches maturity on March 5, 2030, in 3 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $17,200,000
- Original balance (same notes)
- $17,200,000
- Interest rate
- 3.419% fixed
- Originated
- December 5, 2019
- Maturity
- March 5, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 4, 2022
- Master servicer
- Midland Loan Services
- Originator
- Grass River Real Estate Credit Partners Loan Funding, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 730 Franklin Gateway, Marietta, GA 30067
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Units, rooms or beds
- 192
- Built
- 1980, renovated 2016
- Value at securitization
- $25.9M (Oct 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.56x | 2.03x |
| Occupancy | 91% | 92% |
| Net operating income | $1.5M | $1.2M |
| Debt yield | 7.0% |
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 CSAIL 2020-C19 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Net operating income is 21% below the underwritten figure ($1.2M a year against $1.5M).
- Debt service coverage moved from 2.56x at securitization to 2.03x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $17.2M | Current | No | 2.03x | 92% |
| August 2026 | $17.2M | Current | No | 2.35x | 92% |
| July 2026 | $17.2M | Current | No | 2.35x | 92% |
| June 2026 | $17.2M | Current | No | 2.35x | 92% |
| May 2026 | $17.2M | Current | No | n/a | n/a |
| April 2026 | $17.2M | Current | No | 2.79x | 93% |
| March 2026 | $17.2M | Current | No | 2.79x | 93% |
| February 2026 | $17.2M | Current | No | 2.79x | 93% |
| January 2026 | $17.2M | Current | No | 3.00x | 87% |
| December 2025 | $17.2M | Current | No | 3.10x | 88% |
| November 2025 | $17.2M | Current | No | 3.10x | 88% |
| October 2025 | $17.2M | Current | No | 3.10x | 88% |
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 |
|---|---|---|---|---|
| CSAIL 2020-C19 Commercial Mortgage Trust | 17 | $17,200,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 260 & 270 Peachtree Street | Atlanta, GA | Office | $65.2M | 3.80% | Mar 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| AVR Atlanta Airport Marriott Gateway | College Park, GA | Hotel | $56.0M | 3.885% | Jan 2030 | n/a | n/a | Current |
| Atlanta Galleria Hotel Portfolio | Atlanta, GA | Hotel | $47.0M | 6.825% | Mar 2030 | 2.24x | 61% | Current |
| Arrowhead Townhomes | Jonesboro, GA | Multifamily | $45.0M | 6.54% | Jul 2030 | 1.32x | 97% | Current |
| Landing Square Apartments | Atlanta, GA | Multifamily | $33.9M | 4.315% | Jan 2030 | 1.08x | 94% | Current |
| Ibex Park | Smyrna, GA | Multifamily | $32.5M | 5.815% | Dec 2030 | n/a | n/a | Current |
| Abrams Fixtures | Atlanta, GA | Mixed use | $22.0M | 7.22% | May 2030 | n/a | n/a | Current |
| Stanford Oaks | Tucker, GA | Multifamily | $21.0M | 4.25% | Nov 2030 | 2.01x | 87% | Current |
All loans maturing in 2030 · All Atlanta-Sandy Springs-Roswell 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.