Mixed use · Schaumburg, Illinois
Georgetown Square
Georgetown Square is financed with a $2.8M CMBS loan at 4.38% that reaches maturity on April 6, 2030, in 3 years and 5 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $2,781,610
- Original balance (same notes)
- $2,850,000
- Interest rate
- 4.38% fixed
- Originated
- March 9, 2020
- Maturity
- April 6, 2030
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- January 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1831-1851 West Irving Park Road, Schaumburg, IL 60193
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 16,189 sq ft
- Built
- 2005
- Largest tenants
- Anytime Fitness; Home Dialysis, Inc.; Eye Boutique, Inc.
- Value at securitization
- $4.3M (Feb 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.76x | 1.95x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $301K | $673K |
| Debt yield | 24.2% |
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-GSA2 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 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
- Net operating income is 124% above the underwritten figure ($673K a year against $301K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.76x at securitization to 1.95x on the latest statements.
- The filing gives Apr 2028 as the lease end date for the largest tenant (Anytime Fitness), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $2.8M | Current | No | 1.95x | 100% |
| September 2026 | $2.8M | Current | No | 1.95x | 100% |
| August 2026 | $2.8M | Current | No | 1.95x | 100% |
| July 2026 | $2.8M | Current | No | 1.92x | 100% |
| June 2026 | $2.8M | Current | No | 1.92x | 100% |
| May 2026 | $2.8M | Current | No | n/a | n/a |
| April 2026 | $2.8M | Current | No | 2.22x | 100% |
| March 2026 | $2.8M | Current | No | 2.22x | 100% |
| February 2026 | $2.8M | Current | No | 2.22x | 100% |
| January 2026 | $2.8M | Current | No | 2.53x | 100% |
| December 2025 | $2.8M | Current | No | 2.53x | 100% |
| November 2025 | $2.8M | Current | No | 2.53x | 100% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GSA2 | 43 | $2,781,610 | Oct 2026 | SEC filing, October 22, 2026 |
Other Chicago-Naperville-Elgin loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mcdonalds Global Hq | Chicago, IL | Office | $224.8M | 2.935% | Nov 2030 | 1.58x | 98% | Current |
| Grand Plaza | Chicago, IL | Mixed use | $160.0M | 5.56% | Mar 2030 | 1.68x | 61% | Current |
| Soho House Chicago | Chicago, IL | Mixed use | $65.0M | 6.785% | Feb 2030 | 1.94x | 100% | Current |
| 1515 West Webster | Chicago, IL | Office | $56.4M | 6.525% | Aug 2030 | n/a | n/a | Current |
| Ashland Laflin Duo | Chicago, IL | Multifamily | $44.5M | 6.647% | Feb 2030 | n/a | n/a | Current |
| Barry Quad | Chicago, IL | Multifamily | $33.9M | 6.895% | Jun 2030 | 1.25x | 100% | Current |
| Chatham Ridge Shopping Center | Chicago, IL | Retail | $30.5M | 6.81% | Feb 2030 | 1.54x | 100% | Current |
| Walgreens 9 Portfolio | Buffalo Grove, IL | Retail | $30.0M | 3.51% | Oct 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Chicago-Naperville-Elgin loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.