Office · Salt Lake City, Utah
MAOB Office
MAOB Office is financed with a $8.6M CMBS loan at 4.12% that reaches maturity on August 6, 2031, in 4 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,623,761
- Original balance (same notes)
- $9,500,000
- Interest rate
- 4.12% fixed
- Originated
- July 14, 2021
- Maturity
- August 6, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 5, 2031
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 660 S 200 E AKA Mountain View Office, Salt Lake City, UT 84111
- Metro
- Salt Lake City-Murray, UT
- Rentable area
- 101,403 sq ft
- Built
- 1978, renovated 2010
- Largest tenants
- Sacred Circle Health Care, Inc; United States of America; Mexican Consultate
- Value at securitization
- $15.8M (Jun 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.80x | 2.46x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $992K | $2.7M |
| Debt yield | 31.8% |
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 2021-B28 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 177% above the underwritten figure ($2.7M a year against $992K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.80x at securitization to 2.46x on the latest statements.
- The filing gives Mar 2030 as the lease end date for the largest tenant (Sacred Circle Health Care, Inc), 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 | $8.6M | Current | No | 2.46x | 100% |
| August 2026 | $8.6M | Current | No | n/a | n/a |
| July 2026 | $8.7M | Current | No | n/a | n/a |
| June 2026 | $8.7M | Current | No | n/a | n/a |
| May 2026 | $8.7M | Current | No | n/a | n/a |
| April 2026 | $8.7M | Current | No | 1.95x | 100% |
| March 2026 | $8.7M | Current | No | 1.95x | 100% |
| February 2026 | $8.7M | Current | No | 1.95x | 100% |
| January 2026 | $8.8M | Current | No | 2.13x | 100% |
| December 2025 | $8.8M | Current | No | 2.13x | 100% |
| November 2025 | $8.8M | Current | No | 2.13x | 100% |
| October 2025 | $8.8M | Current | No | 2.13x | 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 |
|---|---|---|---|---|
| Benchmark 2021-B28 Mortgage Trust | 47 | $8,623,761 | Sep 2026 | SEC filing, September 28, 2026 |
Other Salt Lake City-Murray loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Vista Station 6 | Draper, UT | Office | $31.6M | 3.554% | Apr 2031 | 3.43x | 100% | Current |
| Lake Pointe Corporate Centre | West Valley City, UT | Office | $25.3M | 2.966% | Sep 2031 | 1.78x | 50% | Current |
| Independence Square | West Jordan, UT | Retail | $4.2M | 4.053% | Nov 2031 | 2.63x | 86% | Current |
All loans maturing in 2031 · All Salt Lake City-Murray 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.