Retail · Beaumont, California
Marketplace Beaumont
Marketplace Beaumont is financed with a $31.8M CMBS loan at 5.84% that reaches maturity on December 6, 2030, in 4 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $31,810,000
- Original balance (same notes)
- $31,810,000
- Interest rate
- 5.84% fixed
- Originated
- November 7, 2025
- Maturity
- December 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1604 & 1650 East 2nd Street, Beaumont, CA 92223
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 177,446 sq ft
- Built
- 2008
- Largest tenants
- Ross Dress For Less; Best Buy Stores; Homegoods, LLC
- Value at securitization
- $47.3M (Oct 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.88x | 1.72x |
| Occupancy | 98% | 96% |
| Net operating income (annualized from 3 months) | $3.5M | $3.3M |
| Debt yield | 10.3% |
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 2025-V19 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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 7% below the underwritten figure ($3.3M a year against $3.5M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.88x at securitization to 1.72x on the latest statements.
- The filing gives Jan 2029 as the lease end date for the largest tenant (Ross Dress For Less), before the loan matures. Lenders look hard at that rollover.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $31.8M | Current | No | 1.72x | 96% |
| August 2026 | $31.8M | Current | No | n/a | n/a |
| July 2026 | $31.8M | Current | No | n/a | n/a |
| June 2026 | $31.8M | Current | No | n/a | n/a |
| May 2026 | $31.8M | Current | No | n/a | n/a |
| April 2026 | $31.8M | Current | No | n/a | n/a |
| March 2026 | $31.8M | Current | No | n/a | n/a |
| February 2026 | $31.8M | Current | No | n/a | n/a |
| January 2026 | $31.8M | Current | No | n/a | n/a |
| December 2025 | $31.8M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
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 2025-V19 Mortgage Trust | 6 | $31,810,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Haven Park | San Bernardino, CA | Multifamily | $34.0M | 5.884% | Dec 2030 | n/a | n/a | Current |
| Oasis Palms Estates | San Bernardino, CA | Manufactured housing | $24.4M | 7.06% | Jun 2030 | n/a | n/a | Current |
| Fairway and Silver Creek Mobile Estates | Highland, CA | Manufactured housing | $19.0M | 5.98% | Oct 2030 | n/a | n/a | Current |
| Bel Villaggio | Temecula, CA | Retail | $16.2M | 3.57% | Feb 2030 | 3.22x | 81% | Current |
| Storquest Self Storage - Indio | Indio, CA | Self storage | $13.1M | 3.25% | Mar 2030 | 3.81x | 88% | Current |
| Hilton Garden Inn Fontana | Fontana, CA | Hotel | $12.7M | 4.365% | Feb 2030 | n/a | n/a | Current |
| Indio Towne Center | Indio, CA | Retail | $12.3M | 3.95% | Jan 2030 | 3.21x | 97% | Current |
| Mission Plaza | Rialto, CA | Mixed use | $11.8M | 3.615% | Nov 2030 | 2.47x | 88% | Current |
All loans maturing in 2030 · 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.