Office · Chicago, Illinois
Mcdonalds Global Hq
Public CMBS trusts hold $224.8M of the loan on Mcdonalds Global Hq at 2.935% that reaches maturity on November 1, 2030, in 4 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $224,762,579
- Original balance (same notes)
- $280,000,000
- Interest rate
- 2.935% fixed
- Originated
- October 29, 2020
- Maturity
- November 1, 2030
- Payments
- Amortizing over 23 years
- Prepayment lockout ends
- July 31, 2030
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 110 North Carpenter Street, Chicago, IL 60607
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 575,018 sq ft
- Built
- 2018
- Largest tenants
- McDonald's; Walgreens; 1LIFE HEALTHCARE INC.
- Value at securitization
- $409.0M (Sep 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 1.58x |
| Occupancy | 97% | 98% |
| Net operating income (annualized from 3 months) | $20.1M | $27.3M |
| Debt yield | 12.2% |
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 BANK 2021-BNK31 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 36% above the underwritten figure ($27.3M a year against $20.1M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.46x at securitization to 1.58x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $224.8M | Current | No | 1.58x | 98% |
| August 2026 | $225.6M | Current | No | 1.58x | 98% |
| July 2026 | $226.5M | Current | No | 1.58x | 98% |
| June 2026 | $227.3M | Current | No | 1.58x | 98% |
| May 2026 | $228.2M | Current | No | 1.58x | 98% |
| April 2026 | $229.0M | Current | No | 1.41x | n/a |
| March 2026 | $229.9M | Current | No | 1.41x | n/a |
| February 2026 | $230.7M | Current | No | 1.41x | n/a |
| January 2026 | $231.6M | Current | No | 1.41x | n/a |
| December 2025 | $232.4M | Current | No | 1.49x | 96% |
| November 2025 | $233.3M | Current | No | 1.49x | 96% |
| October 2025 | $234.1M | Current | No | 1.49x | 96% |
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
The loan is split into 8 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2020-BNK30 | 4B | $110,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2020-BNK30 | 4 | $40,504,439 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2020-BNK29 | 6 | $33,753,700 | Sep 2026 | SEC filing, October 1, 2026 |
| BANK 2021-BNK31 | 8B | $16,201,776 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2021-BNK36 | 23 | $10,126,110 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2020-BNK30 | 4A | $6,750,740 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2021-BNK31 | 8A | $6,750,740 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2021-BNK31 | 8 | $675,074 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chicago-Naperville-Elgin loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Grand Plaza | Chicago, IL | Mixed use | $160.0M | 5.56% | Mar 2030 | 1.68x | 61% | Current |
| Soho House Chicago | Chicago, IL | Mixed use | $65.0M | 6.785% | Feb 2030 | 1.94x | 100% | Current |
| 1515 West Webster | Chicago, IL | Office | $56.4M | 6.525% | Aug 2030 | n/a | n/a | Current |
| Ashland Laflin Duo | Chicago, IL | Multifamily | $44.5M | 6.647% | Feb 2030 | n/a | n/a | Current |
| Barry Quad | Chicago, IL | Multifamily | $33.9M | 6.895% | Jun 2030 | 1.25x | 100% | Current |
| Chatham Ridge Shopping Center | Chicago, IL | Retail | $30.5M | 6.81% | Feb 2030 | 1.54x | 100% | Current |
| Walgreens 9 Portfolio | Buffalo Grove, IL | Retail | $30.0M | 3.51% | Oct 2030 | n/a | n/a | Current |
| EVEN Hotel Tinley Park | Tinley Park, IL | Hotel | $28.5M | 8.50% | Feb 2030 | 0.96x | 63% | Current |
All loans maturing in 2030 · All Chicago-Naperville-Elgin 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.