Healthcare · Palm Desert, California
JW Marriott Desert Springs
Public CMBS trusts hold $128.0M of the loan on JW Marriott Desert Springs at 4.995% that reaches its anticipated repayment date on January 6, 2027, in 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
- $128,000,000
- Original balance (same notes)
- $128,000,000
- Interest rate
- 4.995% fixed
- Originated
- December 22, 2021
- Maturity
- January 6, 2027
- Anticipated repayment date
- January 6, 2027 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for 57 months, then amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- GSBI
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 74-855 Country Club Drive, Palm Desert, CA 92260
- Metro
- Riverside-San Bernardino-Ontario, CA
- Units, rooms or beds
- 884
- Built
- 1987, renovated 2019
- Value at securitization
- $306.0M (Nov 2021)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 6.52x |
| Occupancy | 37% | 61% |
| Net operating income | n/a | $42.2M |
| Debt yield | 33.0% |
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 2022-B34 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Matures within 12 months
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 37% when the loan was securitized to 61%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $128.0M | Current | No | 11.38x | 70% |
| August 2026 | $128.0M | Current | No | 13.29x | 70% |
| July 2026 | $128.0M | Late payment but less than 30 days delinquent | No | 13.29x | 74% |
| June 2026 | $128.0M | Late payment but less than 30 days delinquent | No | 6.52x | 61% |
| May 2026 | $128.0M | Current | No | 6.52x | 63% |
| April 2026 | $128.0M | Late payment but less than 30 days delinquent | No | 6.52x | 61% |
| March 2026 | $128.0M | Current | No | 6.52x | 61% |
| February 2026 | $128.0M | Late payment but less than 30 days delinquent | No | 6.83x | 63% |
| January 2026 | $128.0M | Current | No | 6.83x | 63% |
| December 2025 | $128.0M | Current | No | 10.15x | 63% |
| November 2025 | $128.0M | Current | No | 10.15x | 63% |
| October 2025 | $128.0M | Current | No | 10.15x | 69% |
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 2022-B32 Mortgage Trust | 7 | $75,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2022-B33 Mortgage Trust | 14 | $33,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2022-B34 Mortgage Trust | 16 | $20,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Loma Linda | Loma Linda, CA | Office | $127.5M | 3.59% | Jul 2027 | 2.81x | 100% | Current |
| Ritz Carlton Rancho Mirage | Rancho Mirage, CA | Hotel | $58.9M | 5.095% | Feb 2027 | 9.02x | 73% | Current |
| Murrieta Plaza | Murrieta, CA | Retail | $30.9M | 4.577% | Nov 2027 | 0.88x | 57% | Current |
| DoubleTree Ontario | Ontario, CA | Hotel | $30.0M | 5.369% | May 2027 | 6.35x | 86% | Current |
| El Paseo Square | Palm Desert, CA | Retail | $22.6M | 4.37% | May 2027 | 1.65x | 70% | Current |
| One Lakeshore Center | Ontario, CA | Office | $22.5M | 4.57% | Dec 2027 | 2.11x | 91% | Current |
| Empire Tower I | Ontario, CA | Office | $21.0M | 4.99% | Feb 2027 | 2.50x | 96% | Current |
| Village at San Jacinto | San Jacinto, CA | Retail | $19.4M | 4.50% | Jul 2027 | 1.66x | 98% | Current |
All loans maturing in 2027 · All Riverside-San Bernardino-Ontario 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.