Manufactured housing · El Cajon, California
Glenview Mobile Lodge Community
Glenview Mobile Lodge Community is financed with a $2.9M CMBS loan at 4.69% that reaches maturity on March 1, 2031, in 4 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $2,850,000
- Original balance (same notes)
- $2,850,000
- Interest rate
- 4.69% fixed
- Originated
- February 10, 2021
- Maturity
- March 1, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 31, 2023
- Prepayment premium ends
- November 30, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 13445 Hwy 8 Business (aka 13445 I-8bl), El Cajon, CA 92021
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Units, rooms or beds
- 51
- Built
- 1950
- Value at securitization
- $4.5M (Dec 2020)
Performance
| At securitization | Latest (Jun 2024) | |
|---|---|---|
| DSCR (NOI) | 1.90x | 2.84x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $258K | $388K |
| Debt yield | 13.6% |
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 BANK 2021-BNK32 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 51% above the underwritten figure ($388K a year against $258K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.90x at securitization to 2.84x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.9M | Late payment but less than 30 days delinquent | No | 2.84x | 100% |
| August 2026 | $2.9M | Late payment but less than 30 days delinquent | No | 2.84x | 100% |
| July 2026 | $2.9M | Current | No | 2.84x | 100% |
| June 2026 | $2.9M | Current | No | 2.84x | 100% |
| May 2026 | $2.9M | Current | No | 2.84x | 100% |
| April 2026 | $2.9M | Current | No | 2.84x | 100% |
| March 2026 | $2.9M | Current | No | 2.84x | 100% |
| February 2026 | $2.9M | Current | No | 2.84x | 100% |
| January 2026 | $2.9M | Current | No | 2.84x | 100% |
| December 2025 | $2.9M | Current | No | 2.84x | 100% |
| November 2025 | $2.9M | Current | No | 2.84x | 100% |
| October 2025 | $2.9M | Current | No | 2.84x | 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 |
|---|---|---|---|---|
| BANK 2021-BNK32 | 51 | $2,850,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Torrey Heights, San Diego (2031 maturity), loan 8 in BANK5 2026-5YR20 | San Diego, CA | Mixed use | $92.0M | 4.968% | Jan 2031 | n/a | n/a | Current |
| Sunset View | Oceanside, CA | Multifamily | $37.2M | 6.065% | Mar 2031 | n/a | n/a | Current |
| Lightwave Corporate Center | San Diego, CA | Mixed use | $37.1M | 2.55% | Oct 2031 | 5.49x | 100% | Current |
| Torrey Heights, San Diego (2031 maturity), loan 11 in BANK5 2026-5YR21 | San Diego, CA | Mixed use | $33.0M | 4.968% | Jan 2031 | n/a | n/a | Current |
| Allied Plaza | La Mesa, CA | Office | $20.5M | 2.98% | Apr 2031 | 4.29x | 92% | Current |
| The Promontory | San Diego, CA | Office | $20.0M | 3.652% | Apr 2031 | 3.25x | 85% | Current |
| Sorrento Pines | CA | Industrial | $19.5M | 6.42% | Jul 2031 | n/a | n/a | Current |
| Holiday inn Express - San Diego | San Diego, CA | Hotel | $19.0M | 3.735% | Jun 2031 | 3.67x | 82% | Current |
All loans maturing in 2031 · All San Diego-Chula Vista-Carlsbad 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.