Office portfolio, 15 properties · Pittsburgh, Pennsylvania
Foster Plaza
Public CMBS trusts hold $85.3M of the loan on this portfolio at 3.392% that reaches maturity on January 1, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $85,293,862
- Original balance (same notes)
- $90,000,000
- Interest rate
- 3.392% fixed
- Originated
- December 2, 2020
- Maturity
- January 1, 2031
- Payments
- Interest only for 37 months, then amortizing
- Prepayment lockout ends
- October 31, 2030
- Master servicer
- Midland
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 415, 425, 601, 501 & 651 Holiday Drive and 681, 661 & 680 Andersen Drive, Pittsburgh, PA 15220
- Metro
- Pittsburgh, PA
- Value at securitization
- $145.3M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | n/a | $19.6M |
| Debt yield | 22.9% |
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 2021-B23 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Foster Plaza | Pittsburgh, PA | Office | n/a | n/a |
| Cherrington Corporate Center | Coraopolis, PA | Office | 75% | 2.03x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $85.3M | Current | No | n/a | n/a |
| August 2026 | $85.4M | Current | No | n/a | n/a |
| July 2026 | $85.6M | Current | No | n/a | n/a |
| June 2026 | $85.7M | Current | No | n/a | n/a |
| May 2026 | $85.9M | Current | No | n/a | n/a |
| April 2026 | $86.1M | Current | No | n/a | n/a |
| March 2026 | $86.2M | Current | No | n/a | n/a |
| February 2026 | $86.4M | Current | No | n/a | n/a |
| January 2026 | $86.5M | Current | No | n/a | n/a |
| December 2025 | $86.7M | Current | No | n/a | n/a |
| November 2025 | $86.8M | Current | No | n/a | n/a |
| October 2025 | $87.0M | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2020-B22 Mortgage Trust | 5 | $47,385,479 | Sep 2026 | SEC filing, October 1, 2026 |
| BENCHMARK 2021-B23 MORTGAGE TRUST | 14 | $37,908,383 | Sep 2026 | SEC filing, September 30, 2026 |
Other Pittsburgh loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Helm on the Allegheny | Pittsburgh, PA | Multifamily | $38.0M | 6.435% | Aug 2031 | n/a | n/a | Current |
| Koppers Building | Pittsburgh, PA | Office | $29.5M | 3.396% | Jul 2031 | 1.45x | 81% | Current |
| 150 Thornhill | Warrendale, PA | Industrial | $23.6M | 3.69% | Jun 2031 | 1.39x | 100% | Current |
| Butler Crossing | Butler, PA | Retail | $22.0M | 3.07% | Jul 2031 | 4.08x | 100% | Current |
| One Smithfield Street | Pittsburgh, PA | Office | $21.7M | 3.618% | Dec 2031 | 2.08x | 100% | Current |
| Chippewa Center | Beaver Falls, PA | Retail | $20.8M | 3.80% | Sep 2031 | n/a | n/a | Current |
| Guardian Storage Shadyside | Pittsburgh, PA | Self storage | $15.7M | 6.013% | Jan 2031 | 1.44x | 86% | Current |
| Washington PA Hotel Portfolio | Washington, PA | Hotel | $15.5M | 7.747% | Jun 2031 | 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.