Office · Houston, Texas
Chasewood Technology Park
Public CMBS trusts hold $41.7M of the loan on Chasewood Technology Park at 3.914% that reaches maturity on September 1, 2030, in 3 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $41,684,272
- Original balance (same notes)
- $46,000,000
- Interest rate
- 3.914% fixed
- Originated
- August 28, 2020
- Maturity
- September 1, 2030
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- August 31, 2022
- Prepayment premium ends
- April 30, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 20329, 20333, 20405, and 20445 State Highway 249, Houston, TX 77077
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 463,969 sq ft
- Built
- 1983, renovated 2002
- Largest tenants
- ASSET RISK MANAAGEMENT; RGN-Houston I LLC; VLK ARCHITECTS INC
- Value at securitization
- $70.4M (Jul 2020)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.02x | 1.97x |
| Occupancy | 76% | 69% |
| Net operating income | $5.3M | $5.1M |
| Debt yield | 12.3% |
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 BANK 2020-BNK29 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- Occupancy has fallen from 76% when the loan was securitized to 69%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $41.7M | Current | No | 1.97x | 69% |
| August 2026 | $41.8M | Current | No | 1.97x | 69% |
| July 2026 | $41.8M | Current | No | 1.97x | 69% |
| June 2026 | $41.9M | Current | No | 1.97x | 69% |
| May 2026 | $42.0M | Current | No | 1.97x | 69% |
| April 2026 | $42.1M | Current | No | 1.97x | 69% |
| March 2026 | $42.1M | Current | No | 2.00x | 69% |
| February 2026 | $42.2M | Current | No | 2.00x | 69% |
| January 2026 | $42.3M | Current | No | 2.00x | 69% |
| December 2025 | $42.4M | Current | No | 1.86x | 68% |
| November 2025 | $42.5M | Current | No | 1.86x | 68% |
| October 2025 | $42.5M | Current | No | 1.86x | 68% |
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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2020-BNK28 | 10 | $27,185,395 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2020-BNK29 | 15 | $14,498,877 | Sep 2026 | SEC filing, October 1, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 5712 Old River | Old River Winfree, TX | Self storage | $60.0M | 5.808% | Oct 2030 | n/a | n/a | Current |
| Waterford Grove Apartments | Houston, TX | Multifamily | $60.0M | 6.567% | Mar 2030 | 0.88x | 71% | Delinquent |
| Hotel ZaZa | Houston, TX | Hotel | $58.4M | 3.80% | Mar 2030 | 3.56x | 62% | Current |
| Rayford Square | Spring, TX | Retail | $57.6M | 3.595% | Jan 2030 | n/a | n/a | Current |
| Providence at Heights & Legacy at Westchase | Houston, TX | Multifamily | $50.5M | 6.36% | Jun 2030 | 1.18x | 93% | With the special servicer |
| Trails at Dominion Park | Houston, TX | Multifamily | $42.7M | 6.20% | Jan 2030 | n/a | n/a | Current |
| Haven at Bellaire | Richmond, TX | Multifamily | $41.6M | 6.262% | Oct 2030 | 1.07x | 91% | With the special servicer and 60-89 days delinquent |
| Green Caye Village | Dickinson, TX | Mixed use | $40.0M | 6.417% | Feb 2030 | 1.52x | 89% | Current |
All loans maturing in 2030 · All Houston-Pasadena-The Woodlands 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.