Industrial portfolio, 3 properties · Sacramento, California
CAL OES Portfolio
This portfolio is financed with a $18.5M CMBS loan at 3.53% that reaches maturity on October 6, 2031, in 4 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,529,264
- Original balance (same notes)
- $19,665,000
- Interest rate
- 3.53% fixed
- Originated
- September 27, 2021
- Maturity
- October 6, 2031
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- July 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 600 & 650 North 5th Street and 601 Sequoia Pacific Boulevard, Sacramento, CA 95811
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 159,875 sq ft
- Built
- 1985
- Largest tenants
- Director of the Department of General Services; Director of the Department of Office
- Value at securitization
- $29.3M (Apr 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.71x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.8M | n/a |
Watch flags
Computed from the 3650R 2021-PF1 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- The filing gives Jun 2029 as the lease end date for the largest tenant (Director of the Department of General Services), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.5M | Current | No | n/a | n/a |
| August 2026 | $18.6M | Current | No | n/a | n/a |
| July 2026 | $18.6M | Current | No | n/a | n/a |
| June 2026 | $18.6M | Current | No | n/a | n/a |
| May 2026 | $18.7M | Current | No | n/a | n/a |
| April 2026 | $18.7M | Current | No | 1.82x | 100% |
| March 2026 | $18.7M | Current | No | 1.82x | 100% |
| February 2026 | $18.8M | Current | No | 1.82x | 100% |
| January 2026 | $18.8M | Current | No | 1.82x | 100% |
| December 2025 | $18.8M | Current | No | 1.82x | 100% |
| November 2025 | $18.9M | Current | No | 1.82x | 100% |
| October 2025 | $18.9M | Current | No | 1.82x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| 3650R 2021-PF1 Commercial Mortgage Trust | 21 | $18,529,264 | Sep 2026 | SEC filing, September 29, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Ziggurat | West Sacramento, CA | Office | $59.1M | 3.13% | Aug 2031 | n/a | n/a | Current |
| Parkshore Plaza | Folsom, CA | Office | $43.6M | 3.31% | Nov 2031 | 2.21x | 50% | Current |
| 1625 & 1747 North Market | Sacramento, CA | Office | $38.2M | 3.82% | May 2031 | 1.96x | 98% | Current |
| Olympus Corporate Center | Roseville, CA | Office | $25.3M | 3.59% | Apr 2031 | 2.59x | 85% | Current |
| Stockton Plaza | Sacramento, CA | Retail | $18.5M | 3.28% | Sep 2031 | 2.33x | 91% | Current |
| Mulberry Estates | Sacramento, CA | Multifamily | $9.6M | 6.68% | Sep 2031 | n/a | n/a | Current |
| Norwood Business Park | Sacramento, CA | Industrial | $9.3M | 2.845% | Dec 2031 | 3.35x | 92% | Current |
| Madison West Business Park | North Highlands, CA | Industrial | $8.8M | 2.845% | Dec 2031 | 4.90x | 100% | Current |
All loans maturing in 2031 · All Sacramento-Roseville-Folsom 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.