Multifamily · Atlanta, Georgia
Landing Square Apartments
Landing Square Apartments is financed with a $33.9M CMBS loan at 4.315% that reaches maturity on January 6, 2030, in 3 years and 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
- $33,940,739
- Original balance (same notes)
- $36,200,000
- Interest rate
- 4.315% fixed
- Originated
- December 9, 2019
- Maturity
- January 6, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- October 5, 2029
- Master servicer
- Midland
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3378 Greenbriar Parkway, Atlanta, GA 30331
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Units, rooms or beds
- 322
- Built
- 2008
- Value at securitization
- $46.3M (Sep 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.26x | 1.08x |
| Occupancy | 92% | 94% |
| Net operating income | $2.7M | $2.3M |
| Debt yield | 6.8% |
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 2020-B16 Mortgage Trust 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 14% below the underwritten figure ($2.3M a year against $2.7M).
- Debt service coverage moved from 1.26x at securitization to 1.08x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $33.9M | Current | No | 1.08x | 94% |
| August 2026 | $34.0M | Current | No | 1.08x | 94% |
| July 2026 | $34.0M | Current | No | 1.02x | 95% |
| June 2026 | $34.1M | Current | No | n/a | n/a |
| May 2026 | $34.2M | Current | No | n/a | n/a |
| April 2026 | $34.2M | Current | No | 0.94x | 92% |
| March 2026 | $34.3M | Current | No | 0.94x | 92% |
| February 2026 | $34.3M | Current | No | 0.94x | 92% |
| January 2026 | $34.4M | Current | No | 0.79x | 89% |
| December 2025 | $34.4M | Current | No | 0.65x | 89% |
| November 2025 | $34.5M | Current | No | 0.65x | 81% |
| October 2025 | $34.5M | Current | No | 0.65x | 81% |
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 2020-B16 Mortgage Trust | 12 | $33,940,739 | Sep 2026 | SEC filing, October 1, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 260 & 270 Peachtree Street | Atlanta, GA | Office | $65.2M | 3.80% | Mar 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| AVR Atlanta Airport Marriott Gateway | College Park, GA | Hotel | $56.0M | 3.885% | Jan 2030 | n/a | n/a | Current |
| Atlanta Galleria Hotel Portfolio | Atlanta, GA | Hotel | $47.0M | 6.825% | Mar 2030 | 2.24x | 61% | Current |
| Arrowhead Townhomes | Jonesboro, GA | Multifamily | $45.0M | 6.54% | Jul 2030 | 1.32x | 97% | Current |
| Ibex Park | Smyrna, GA | Multifamily | $32.5M | 5.815% | Dec 2030 | n/a | n/a | Current |
| Abrams Fixtures | Atlanta, GA | Mixed use | $22.0M | 7.22% | May 2030 | n/a | n/a | Current |
| Stanford Oaks | Tucker, GA | Multifamily | $21.0M | 4.25% | Nov 2030 | 2.01x | 87% | Current |
| Gardens at Chamblee | Chamblee, GA | Multifamily | $18.3M | 6.566% | Jul 2030 | 0.98x | 83% | Late, less than 30 days |
All loans maturing in 2030 · All Atlanta-Sandy Springs-Roswell 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.