Multifamily · Savannah, Georgia
Drayton Tower
Drayton Tower is financed with a $23.1M CMBS loan at 4.10% that reaches maturity on March 1, 2030, in 3 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $23,103,121
- Original balance (same notes)
- $23,700,000
- Interest rate
- 4.10% fixed
- Originated
- February 7, 2020
- Maturity
- March 1, 2030
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- October 31, 2029
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 102 East Liberty Street, Savannah, GA 31401
- Metro
- Savannah, GA
- Rentable area
- 74,668 sq ft
- Units, rooms or beds
- 99
- Built
- 1951, renovated 2017
- Value at securitization
- $32.7M (Nov 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.27x | 1.64x |
| Occupancy | 95% | 98% |
| Net operating income (annualized from 6 months) | $1.7M | $4.5M |
| Debt yield | 19.7% |
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 Benchmark 2020-B17 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 risen from 95% when the loan was securitized to 98%.
- Net operating income is 160% above the underwritten figure ($4.5M a year against $1.7M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.27x at securitization to 1.64x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $23.1M | Current | No | 1.64x | 98% |
| August 2026 | $23.1M | Current | No | 1.64x | 98% |
| July 2026 | $23.2M | Current | No | n/a | n/a |
| June 2026 | $23.2M | Current | No | n/a | n/a |
| May 2026 | $23.2M | Current | No | n/a | n/a |
| April 2026 | $23.3M | Current | No | 1.55x | 90% |
| March 2026 | $23.3M | Current | No | 1.55x | 90% |
| February 2026 | $23.3M | Current | No | 1.55x | 90% |
| January 2026 | $23.4M | Current | No | 1.55x | 90% |
| December 2025 | $23.4M | Current | No | n/a | n/a |
| November 2025 | $23.4M | Current | No | n/a | n/a |
| October 2025 | $23.5M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| Benchmark 2020-B17 Mortgage Trust | 19 | $23,103,121 | Sep 2026 | SEC filing, September 28, 2026 |
Other Savannah loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Desoto | Savannah, GA | Hotel | $42.0M | 7.13% | Oct 2030 | 1.95x | 66% | Current |
| East Bay Inn | Savannah, GA | Hotel | $27.3M | 7.80% | Oct 2030 | n/a | n/a | Current |
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.