Office · Dallas, Texas
International Plaza II
Public CMBS trusts hold $78.3M of the loan on International Plaza II at 7.43% that reaches maturity on October 1, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $78,325,000
- Original balance (same notes)
- $78,325,000
- Interest rate
- 7.43% fixed
- Originated
- September 13, 2024
- Maturity
- October 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 31, 2026
- Prepayment premium ends
- April 30, 2029 (yield maintenance)
- Master servicer
- Midland (BANK5 2024-5YR10)
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 14221 North Dallas Parkway, Dallas, TX 75254
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 388,430 sq ft
- Built
- 2000, renovated 2020
- Largest tenants
- Trinity Industries, Inc. trinin01; Interstate Batteries, Inc. inteba0l; Freeman Holding, LLC freeho02
- Value at securitization
- $124.2M (Aug 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.85x | 1.98x |
| Occupancy | 94% | 97% |
| Net operating income (annualized from 3 months) | $10.9M | $11.8M |
| Debt yield | 15.1% |
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 Wells Fargo Commercial Mortgage Trust 2024-5C2 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
- Occupancy has risen from 94% when the loan was securitized to 97%.
- Net operating income is 8% above the underwritten figure ($11.8M a year against $10.9M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.85x at securitization to 1.98x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $78.3M | Current | No | 1.98x | 97% |
| August 2026 | $78.3M | Current | No | 1.98x | 97% |
| July 2026 | $78.3M | Current | No | 1.98x | 97% |
| June 2026 | $78.3M | Current | No | 1.79x | 97% |
| May 2026 | $78.3M | Current | No | n/a | n/a |
| April 2026 | $78.3M | Current | No | n/a | n/a |
| March 2026 | $78.3M | Current | No | n/a | n/a |
| February 2026 | $78.3M | Current | No | n/a | n/a |
| January 2026 | $78.3M | Current | No | n/a | n/a |
| December 2025 | $78.3M | Current | No | n/a | n/a |
| November 2025 | $78.3M | Current | No | n/a | n/a |
| October 2025 | $78.3M | 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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2024-V11 Mortgage Trust | 15 | $31,330,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BANK5 2024-5YR10 | 10 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2024-5C2 | 13 | $21,995,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Stonebriar Centre | Frisco, TX | Retail | $255.0M | 6.999% | Jul 2029 | 2.44x | 93% | Current |
| Legacy Corporate Centre I & II | Plano, TX | Office | $167.4M | 3.37% | Aug 2029 | n/a | n/a | Current |
| Renaissance Plano | Plano, TX | Hotel | $78.4M | 4.45% | Jul 2029 | 2.90x | 68% | Current |
| Warwick Melrose & Allerton | Dallas, TX | Hotel | $78.0M | 8.14% | Mar 2029 | n/a | n/a | Current |
| One At&t | Dallas, TX | Office | $71.5M | 4.39% | Jan 2029 | 2.69x | 100% | Current |
| One At&t Plaza | Dallas, TX | Office | $60.0M | 4.39% | Jan 2029 | n/a | n/a | Current |
| Timber Creek Crossing | Dallas, TX | Retail | $57.5M | 6.175% | Feb 2029 | 1.59x | 100% | Current |
| Park Central Tower | Dallas, TX | Office | $54.8M | 4.016% | Dec 2029 | 1.42x | 65% | Current |
All loans maturing in 2029 · All Dallas-Fort Worth-Arlington 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.