Office · Los Angeles, California
City National Plaza
Public CMBS trusts hold $70.0M of the loan on City National Plaza at 2.44% that reaches maturity on April 1, 2030, in 3 years and 5 months. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $70,000,000
- Original balance (same notes)
- $70,000,000
- Interest rate
- 2.44% fixed
- Originated
- March 25, 2020
- Maturity
- April 1, 2030
- Payments
- Interest only for the full term
- Prepayment premium ends
- September 30, 2029 (yield maintenance)
- Master servicer
- KeyBank National Association
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 515-555 South Flower Street, Los Angeles, CA 90071
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 2,519,787 sq ft
- Built
- 1971, renovated 2018
- Largest tenants
- City National Bank; The TCW Group Inc.; Jones Day
- Value at securitization
- $1.3B (Mar 2020)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 4.98x | 4.53x |
| Occupancy | 81% | 81% |
| Net operating income | $67.8M | $61.6M |
| Debt yield | 88.0% |
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 GS Mortgage Securities Trust 2020-GC47 filing for the reporting period ending October 8, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
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 9% below the underwritten figure ($61.6M a year against $67.8M).
- Debt service coverage moved from 4.98x at securitization to 4.53x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $50.0M | Current | No | 4.53x | 81% |
| September 2026 | $70.0M | Current | No | 4.53x | 81% |
| August 2026 | $70.0M | Current | No | 4.53x | 81% |
| July 2026 | $70.0M | Current | No | 4.53x | 81% |
| June 2026 | $70.0M | Current | No | 4.53x | 81% |
| May 2026 | $70.0M | Current | No | 4.53x | 81% |
| April 2026 | $70.0M | Current | No | 4.66x | 84% |
| March 2026 | $70.0M | Current | No | 4.66x | 84% |
| February 2026 | $70.0M | Current | No | 4.66x | 84% |
| January 2026 | $70.0M | Current | No | 4.54x | 78% |
| December 2025 | $70.0M | Current | No | 4.54x | 78% |
| November 2025 | $70.0M | Current | No | 4.54x | 78% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GC47 | 7 | $50,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | 15 | $20,000,000 | Sep 2026 | SEC filing, September 23, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Amazon LAX | Los Angeles, CA | Industrial | $116.3M | 5.509% | Dec 2030 | 1.73x | 100% | Current |
| Amazon West LA | Los Angeles, CA | Retail | $75.0M | 2.77% | Nov 2030 | 4.55x | 100% | Current |
| Koreatown Plaza | Los Angeles, CA | Retail | $70.0M | 6.03% | Dec 2030 | n/a | n/a | Current |
| 29903 Agoura Property | Agoura, CA | Office | $67.2M | 4.193% | Feb 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Equinox Sports Club La | Los Angeles, CA | Retail | $66.4M | 6.717% | Jul 2030 | 1.46x | 100% | Current |
| Century Business Center | Hawthorne, CA | Industrial | $63.2M | 6.635% | Jun 2030 | n/a | n/a | Current |
| Figueroa Tower | Los Angeles, CA | Office | $53.6M | 7.519% | Jan 2030 | n/a | n/a | Current |
| Baldwin Hills Center | Los Angeles, CA | Mixed use | $48.0M | 6.30% | Nov 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Los Angeles-Long Beach-Anaheim loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 9, 2026, October 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.