Office · San Antonio, Texas
Brass Professional Center
Public CMBS trusts hold $56.0M of the loan on Brass Professional Center at 4.75% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $55,954,771
- Original balance (same notes)
- $57,700,000
- Interest rate
- 4.75% fixed
- Originated
- July 10, 2020
- Maturity
- August 6, 2030
- Payments
- Interest only for 13 months, then amortizing
- Prepayment lockout ends
- May 5, 2030
- Master servicer
- Northmarq Capital
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred May 8, 2023
- Workout strategy
- REO
- Advancing
- The servicer has stopped advancing on this loan (non-recoverable)
- Defeasance
- None reported
The property
- Address
- 4400 Northwest Loop 41, San Antonio, TX 78229
- Metro
- San Antonio-New Braunfels, TX
- Rentable area
- 577,243 sq ft
- Built
- 1968
- Largest tenants
- Empowerment Schools -Healthcare, Limited; QTC Management, Inc.; TDI Division of Workers
- Value at securitization
- $79.1M (Jun 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.47x | 0.78x |
| Occupancy | 85% | 48% |
| Net operating income (annualized from 6 months) | $5.3M | $5.7M |
| Debt yield | 10.2% |
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 BENCHMARK 2020-B19 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- Servicer stopped advancing
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 fallen from 85% when the loan was securitized to 48%.
- Net operating income is 7% above the underwritten figure ($5.7M a year against $5.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.47x at securitization to 0.78x on the latest statements.
- At 0.78x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $19.1M (June 17, 2026), against $79.1M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $56.0M | 90+ days delinquent | Yes | 0.78x | 48% |
| August 2026 | $56.0M | 90+ days delinquent | Yes | -0.82x | 50% |
| July 2026 | $56.0M | 90+ days delinquent | Yes | -0.82x | 50% |
| June 2026 | $56.0M | 90+ days delinquent | Yes | -0.82x | 50% |
| May 2026 | $56.0M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $56.0M | 90+ days delinquent | Yes | 0.42x | 55% |
| March 2026 | $56.0M | 90+ days delinquent | Yes | 0.45x | 55% |
| February 2026 | $55.5M | 90+ days delinquent | Yes | 0.45x | 55% |
| January 2026 | $56.0M | 90+ days delinquent | Yes | 0.45x | 55% |
| December 2025 | $56.0M | 90+ days delinquent | Yes | 0.45x | 55% |
| November 2025 | $56.0M | 90+ days delinquent | Yes | 0.58x | 51% |
| October 2025 | $56.0M | 90+ days delinquent | Yes | 0.58x | 51% |
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.
Special-servicing history
- Transferred to the special servicer May 8, 2023, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2020-B18 Mortgage Trust | 13 | $31,710,936 | Sep 2026 | SEC filing, October 1, 2026 |
| DBJPM 2020-C9 Mortgage Trust | 21 | $12,121,917 | Sep 2026 | SEC filing, October 1, 2026 |
| BENCHMARK 2020-B19 MORTGAGE TRUST | 26 | $12,121,917 | Sep 2026 | SEC filing, September 30, 2026 |
Other San Antonio-New Braunfels loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hotel Valencia Riverwalk (TX) | San Antonio, TX | Hotel | $22.4M | 8.121% | Jun 2030 | n/a | n/a | Current |
| Sunset Heights | San Antonio, TX | Multifamily | $16.1M | 6.26% | Oct 2030 | n/a | n/a | Current |
| The Atrium, San Antonio | San Antonio, TX | Office | $13.5M | 4.28% | Feb 2030 | 1.54x | 85% | Current |
| Home2 Suites San Antonio | San Antonio, TX | Hotel | $10.1M | 7.37% | May 2030 | 2.01x | 85% | Current |
| Lockaway Storage - Oconnor | San Antonio, TX | Self storage | $8.0M | 6.80% | Apr 2030 | 1.13x | 92% | Current |
| 2803 NE Loop 410 | San Antonio, TX | Industrial | $6.1M | 3.06% | Nov 2030 | n/a | n/a | Current |
| Magnolia Flats Apartments | Balcones Heights, TX | Multifamily | $3.6M | 6.84% | Nov 2030 | n/a | n/a | Delinquent |
| Store More Self Storage | New Braunfels, TX | Self storage | $3.2M | 3.86% | Oct 2030 | 3.52x | 85% | Current |
All loans maturing in 2030 · All San Antonio-New Braunfels 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.