Multifamily · Whittier, California
Catalina Luxury Apartments
Catalina Luxury Apartments is financed with a $16.5M CMBS loan at 3.727% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,500,000
- Original balance (same notes)
- $16,500,000
- Interest rate
- 3.727% fixed
- Originated
- November 22, 2019
- Maturity
- December 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 5, 2022
- Prepayment premium ends
- August 5, 2029 (yield maintenance)
- Master servicer
- Midland
- Originator
- AREF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 14339 Whittier Boulevard, Whittier, CA 90605
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Units, rooms or beds
- 76
- Built
- 2019
- Value at securitization
- $29.3M (Nov 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.15x | 1.98x |
| Occupancy | 96% | 96% |
| Net operating income (annualized from 6 months) | $1.3M | $2.5M |
| Debt yield | 15.1% |
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 Morgan Stanley Capital I Trust 2020-L4 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.
What the filing shows
- Net operating income is 86% above the underwritten figure ($2.5M a year against $1.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.15x at securitization to 1.98x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.5M | Current | No | 1.98x | 96% |
| August 2026 | $16.5M | Current | No | 1.98x | 96% |
| July 2026 | $16.5M | Current | No | n/a | n/a |
| June 2026 | $16.5M | Current | No | n/a | n/a |
| May 2026 | $16.5M | Current | No | n/a | n/a |
| April 2026 | $16.5M | Current | No | 2.39x | 88% |
| March 2026 | $16.5M | Current | No | 2.39x | 88% |
| February 2026 | $16.5M | Current | No | 2.39x | 88% |
| January 2026 | $16.5M | Current | No | 2.04x | 99% |
| December 2025 | $16.5M | Current | No | 2.04x | 99% |
| November 2025 | $16.5M | Current | No | 2.04x | 99% |
| October 2025 | $16.5M | Current | No | 2.34x | 96% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-L4 | 19 | $16,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
All loans maturing in 2029 · All Los Angeles-Long Beach-Anaheim 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.