Office · Thousand Oaks, California
Los Robles Medical Office
Los Robles Medical Office is financed with a $8.5M CMBS loan at 4.85% that reaches maturity on June 6, 2029, in 2 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,500,000
- Original balance (same notes)
- $8,500,000
- Interest rate
- 4.85% fixed
- Originated
- June 6, 2019
- Maturity
- June 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 301-343 South Moorpark Road, Thousand Oaks, CA 91361
- Metro
- Oxnard-Thousand Oaks-Ventura, CA
- Rentable area
- 43,828 sq ft
- Built
- 1974, renovated 1999
- Largest tenants
- Journey Lite of the Centra; Longevity Innovations Inc. dba Clava Health; SAEEDYAZDIANPOUR DMD INC.
- Value at securitization
- $14.4M (May 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.00x | 2.59x |
| Occupancy | 75% | 90% |
| Net operating income | $836K | $1.1M |
| Debt yield | 12.7% |
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 BBCMS Mortgage Trust 2019-C4 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Largest tenant's lease ends 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 75% when the loan was securitized to 90%.
- Net operating income is 29% above the underwritten figure ($1.1M a year against $836K).
- Debt service coverage moved from 2.00x at securitization to 2.59x on the latest statements.
- The filing gives Jun 2027 as the lease end date for the largest tenant (Journey Lite of the Centra), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.5M | Current | No | 2.59x | 90% |
| August 2026 | $8.5M | Current | No | 2.59x | 90% |
| July 2026 | $8.5M | Current | No | 2.59x | 90% |
| June 2026 | $8.5M | Current | No | 2.59x | 90% |
| May 2026 | $8.5M | Current | No | 2.59x | 90% |
| April 2026 | $8.5M | Current | No | 2.59x | 90% |
| March 2026 | $8.5M | Current | No | 2.49x | 100% |
| February 2026 | $8.5M | Current | No | 2.49x | 100% |
| January 2026 | $8.5M | Current | No | 2.49x | 100% |
| December 2025 | $8.5M | Current | No | 2.49x | 100% |
| November 2025 | $8.5M | Current | No | 2.53x | 100% |
| October 2025 | $8.5M | Current | No | 2.53x | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2019-C4 | 42 | $8,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Oxnard-Thousand Oaks-Ventura loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Montalvo Square | Venura, CA | Retail | $55.0M | 3.87% | Jul 2029 | 2.33x | 94% | Current |
| One Westlake | Thousand Oaks, CA | Office | $33.1M | 6.802% | Oct 2029 | n/a | n/a | Current |
| 2801 & 2815 Townsgate | Thousand Oaks, CA | Office | $27.5M | 7.27% | Jun 2029 | 1.73x | 80% | Current |
| Tops Self Storage | Thousand Oaks, CA | Self storage | $26.1M | 5.00% | Jun 2029 | 1.74x | 94% | Current |
| El Paseo Simi | Simi Valley, CA | Retail | $23.6M | 3.32% | Aug 2029 | 2.78x | 95% | Current |
| The Palms Marketplace | Oxnard, CA | Mixed use | $23.5M | 6.545% | Nov 2029 | n/a | n/a | Current |
| Westlake Village Marketplace | Westlake Village, CA | Retail | $18.0M | 3.115% | Dec 2029 | 5.46x | 100% | Current |
| Conejo Valley Plaza | Thousand Oaks, CA | Retail | $15.7M | 5.03% | Mar 2029 | 1.69x | 100% | Current |
All loans maturing in 2029 · All Oxnard-Thousand Oaks-Ventura 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.