Multifamily · Whittier, California
Mediterranean Apartments
Mediterranean Apartments is financed with a $37.5M CMBS loan at 3.88% that reaches maturity on October 6, 2029, in 2 years and 11 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $37,500,000
- Original balance (same notes)
- $37,500,000
- Interest rate
- 3.88% fixed
- Originated
- October 1, 2019
- Maturity
- October 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred August 30, 2023, returned December 15, 2023
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 11555 Santa Gertrudes Avenue, Whittier, CA 90604
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 222,245 sq ft
- Units, rooms or beds
- 257
- Built
- 1970, renovated 2017
- Value at securitization
- $76.3M (Sep 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.23x | 2.31x |
| Occupancy | 95% | 91% |
| Net operating income (annualized from 6 months) | $3.3M | $6.9M |
| Debt yield | 18.3% |
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 GS Mortgage Securities Trust 2019-GSA1 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 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
- Occupancy has fallen from 95% when the loan was securitized to 91%.
- Net operating income is 109% above the underwritten figure ($6.9M a year against $3.3M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $37.5M | Current | No | 2.31x | 91% |
| September 2026 | $37.5M | Current | No | 2.31x | 91% |
| August 2026 | $37.5M | Current | No | 2.36x | 91% |
| July 2026 | $37.5M | Current | No | 2.36x | 93% |
| June 2026 | $37.5M | Current | No | 2.36x | 93% |
| May 2026 | $37.5M | Current | No | n/a | n/a |
| April 2026 | $37.5M | Current | No | 2.29x | 95% |
| March 2026 | $37.5M | Current | No | 2.43x | 94% |
| February 2026 | $37.5M | Current | No | 2.43x | 94% |
| January 2026 | $37.5M | Current | No | 2.43x | 94% |
| December 2025 | $37.5M | Current | No | 2.43x | 94% |
| November 2025 | $37.5M | Current | No | 2.32x | 94% |
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 August 30, 2023, returned to the master servicer December 15, 2023.
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.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GSA1 | 4 | $37,500,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
All loans maturing in 2029 · All Los Angeles-Long Beach-Anaheim loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.