Office · San Jose, California
Gateway Place
Gateway Place is financed with a $20.0M CMBS loan at 6.444% that reaches maturity on February 6, 2031, in 4 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $19,975,000
- Original balance (same notes)
- $19,975,000
- Interest rate
- 6.444% fixed
- Originated
- January 30, 2026
- Maturity
- February 6, 2031
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- GACC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2025 Gateway Place, San Jose, CA 95110
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 158,165 sq ft
- Built
- 1974, renovated 2015
- Largest tenants
- Chicago title company; DKD Property Management COmpan; UNIVERLAS SERVICES OF AMERICA
- Value at securitization
- $34.5M (Oct 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | 82% | 81% |
| Net operating income | n/a | n/a |
Watch flags
Computed from the Benchmark 2026-V21 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
- The filing gives Nov 2029 as the lease end date for the largest tenant (Chicago title company), before the loan matures. Lenders look hard at that rollover.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.0M | Not reported | No | n/a | 81% |
| August 2026 | $20.0M | Not reported | No | n/a | 82% |
| July 2026 | $20.0M | Not reported | No | n/a | 82% |
| June 2026 | $20.0M | Not reported | No | n/a | 82% |
| May 2026 | $20.0M | Not reported | No | n/a | n/a |
| April 2026 | $20.0M | Not reported | No | n/a | n/a |
| March 2026 | $20.0M | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-V21 Mortgage Trust | 25 | $19,975,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Towers at Cupertino City Center | Cupertino, CA | Office | $145.0M | 6.442% | Mar 2031 | n/a | n/a | Current |
| 520 Almanor | Sunnyvalle, CA | Mixed use | $101.6M | 2.555% | Nov 2031 | 5.76x | 98% | Current |
| HQ at First | San Jose, CA | Office | $98.7M | 2.97% | Aug 2031 | n/a | n/a | Current |
| The Assembly | San Jose, CA | Industrial | $97.5M | 7.03% | Oct 2031 | n/a | n/a | Current |
| PATHLINE PARK 9 and 10 | Sunnyvale, CA | Office | $90.0M | 2.502% | Feb 2031 | 4.75x | 100% | Current |
| 2600 El Camino Real | Palo Alto, CA | Office | $46.4M | 3.734% | Apr 2031 | 3.02x | 92% | Current |
| 5300-5350 Hellyer Avenue | San Jose, CA | Office | $44.0M | 3.913% | Nov 2031 | 1.30x | 100% | Current |
| 110 120 and 130 Holger Way | San Jose, CA | Office | $42.3M | 2.97% | Aug 2031 | 2.18x | 100% | Current |
All loans maturing in 2031 · All San Jose-Sunnyvale-Santa Clara 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.