Industrial · Riverside, California
California High Tech Logistics
Public CMBS trusts hold $70.0M of the loan on California High Tech Logistics at 8.122% that reaches maturity on April 1, 2028, in 17 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $70,000,000
- Original balance (same notes)
- $122,000,000
- Interest rate
- 8.122% fixed
- Originated
- n/a
- Maturity
- April 1, 2028
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SGFC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 14063 East Brown Street, Riverside, CA 92508
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 596,090 sq ft
- Built
- 2019
- Largest tenants
- High Tech Logistics LLC
- Value at securitization
- $161.2M (Jan 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.35x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | n/a | $7.8M |
| Debt yield | 11.2% |
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 BMO 2023-5C2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $70.0M | Not reported | No | 1.35x | 100% |
| August 2026 | $70.0M | Late payment but less than 30 days delinquent | No | 1.37x | 100% |
| July 2026 | $70.0M | Not reported | No | 1.37x | 100% |
| June 2026 | $70.0M | Not reported | No | 1.37x | 100% |
| May 2026 | $70.0M | Not reported | No | 1.37x | 100% |
| April 2026 | $70.0M | Not reported | No | 1.39x | 100% |
| March 2026 | $70.0M | Not reported | No | 1.39x | 100% |
| February 2026 | $70.0M | Not reported | No | 1.39x | 100% |
| January 2026 | $70.0M | Not reported | No | 1.39x | 100% |
| December 2025 | $70.0M | Not reported | No | 1.42x | 100% |
| November 2025 | $70.0M | Not reported | No | 1.42x | 100% |
| October 2025 | $70.0M | Not reported | No | 1.42x | 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
The loan is split into 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BMO 2023-5C1 Mortgage Trust | 6A-1 | $38,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2023-5C1 Mortgage Trust | 6A-2 | $14,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2023-5C2 Mortgage Trust | 17 A-3 | $13,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BMO 2023-5C2 Mortgage Trust | 17 A-4 | $5,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Shoppes at Chino Hills | Chino Hills, CA | Retail | $110.0M | 5.175% | Jun 2028 | 1.63x | 82% | Current |
| The Westin Rancho Mirage | Rancho Mirage, CA | Hotel | $50.0M | 8.23% | Nov 2028 | 0.78x | 53% | Current |
| Embassy Suites Ontario Airport | Ontario, CA | Hotel | $39.6M | 4.755% | Sep 2028 | n/a | n/a | Current |
| Mission Grove Plaza | Riverside, CA | Retail | $37.0M | 6.866% | Jun 2028 | 2.03x | 68% | Current |
| Ontario Airport Tower | Ontario, CA | Office | $23.6M | 6.081% | Jan 2028 | n/a | n/a | Current |
| Lakeside Tower | San Bernardino, CA | Office | $18.9M | 4.775% | Oct 2028 | n/a | n/a | Current |
| Empire Towers V | Ontario, CA | Office | $18.5M | 5.03% | Jul 2028 | 1.80x | 99% | Current |
| Piemonte at Ontario Center | Ontario, CA | Retail | $16.5M | 4.602% | Aug 2028 | 2.46x | 80% | Current |
All loans maturing in 2028 · All Riverside-San Bernardino-Ontario 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.