Office · Greenwood Village, Colorado

Landmark Corporate Center

Landmark Corporate Center is financed with a $25.4M CMBS loan at 4.25% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.

The loan

Balance in tracked trusts
$25,380,342
Original balance (same notes)
$25,480,000
Interest rate
4.25% fixed
Originated
July 30, 2020
Maturity
August 6, 2030
Payments
Interest only for 60 months, then amortizing
Prepayment lockout ended
September 5, 2022
Master servicer
Trimont LLC
Originator
UBS AG

Status

Payment status
90+ days delinquent (code 3)
Special servicing
Transferred December 1, 2025
Workout strategy
Other
Defeasance
Partly defeased

The property

Address
5500 South Quebec Street, Greenwood Village, CO 80111
Metro
Denver-Aurora-Centennial, CO
Rentable area
211,106 sq ft
Built
1982, renovated 2019
Largest tenants
Air Methods Corporation dba UnitedRotorcraft; RSIEH LLP; Circle K Stores
Value at securitization
$39.2M (Jul 2020)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Sep 2025)
DSCR (NOI)1.96x1.42x
Occupancy100%51%
Net operating income (annualized from 9 months)$2.9M$1.6M
Debt yield6.4%

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 2020-C57 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.

  • With the special servicer
  • 30+ days delinquent or matured unpaid
  • Coverage down 0.25x or more from securitization
  • Occupancy down 10 points or more from securitization
  • NOI down 20% or more from securitization

On the cmbs.news watch list in every report since December 2025.

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 fallen from 100% when the loan was securitized to 51%.
  • Net operating income is 45% below the underwritten figure ($1.6M a year against $2.9M; the latest statement covers 9 months, annualized).
  • Debt service coverage moved from 1.96x at securitization to 1.42x on the latest statements.
  • The most recent valuation in the filing is $13.1M (February 17, 2026), against $39.2M at securitization.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$25.4M90+ days delinquentYes1.42x51%
August 2026$25.4M90+ days delinquentYes1.42x51%
July 2026$25.4M90+ days delinquentYes1.42x51%
June 2026$25.4M90+ days delinquentYes1.42x51%
May 2026$25.4M90+ days delinquentYes1.42x51%
April 2026$25.4M90+ days delinquentYes1.42x51%
March 2026$25.4M90+ days delinquentYes1.42x51%
February 2026$25.4M60-89 days delinquentYes1.42x51%
January 2026$25.4M30-59 days delinquentYes1.42x51%
December 2025$25.4MLate payment but less than 30 days delinquentYes1.42x51%
November 2025$25.4MLate payment but less than 30 days delinquentNo1.42x51%
October 2025$25.4MCurrentNo2.04x80%

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.

Special-servicing history

  • Transferred to the special servicer December 1, 2025, still there.

Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.

Where the loan sits

One trust holds this loan in the data.

TrustLoan no.BalanceReport periodSource
Wells Fargo Commercial Mortgage Trust 2020-C577$25,380,342Sep 2026SEC filing, September 29, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Denver-Aurora-Centennial loans due in 2030

Property Location Type Balance Rate Matures DSCR Occ. Status
The Westin Westminster Westminster, CO Hotel $77.2M 6.511% Sep 2030 1.85x 60% Current
Seven Hills Plaza Property Aurora, CO Mixed use $57.9M 3.67% Mar 2030 n/a n/a With the special servicer
Warwick Denver Denver, CO Hotel $23.0M 7.45% Feb 2030 0.99x 65% Current
Amc Theatres Highlands Ranch Highlands Ranch, CO Retail $21.0M 7.60% Oct 2030 1.73x 100% Current
Springhill Suites Denver West Lakewood, CO Hotel $17.6M 6.49% Oct 2030 n/a n/a Current
Meridian One Colorado Englewood, CO Office $15.9M 3.91% Jan 2030 -0.74x 16% With the special servicer and 90+ days delinquent
Brookhill Village Westminster, CO Retail $13.7M 7.082% Jan 2030 1.43x 97% Current
Woodlawn Center Littleton, CO Retail $9.2M 6.25% Sep 2030 n/a n/a Current

All loans maturing in 2030 · All Denver-Aurora-Centennial 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.