Office portfolio, 3 properties · California
Moffett Towers Buildings A, B & C
Public CMBS trusts hold $65.0M of the loan on this portfolio at 3.49% that reaches maturity on February 6, 2030, in 3 years and 3 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $65,000,000
- Original balance (same notes)
- $65,000,000
- Interest rate
- 3.49% fixed
- Originated
- February 6, 2020
- Maturity
- February 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 5, 2022
- Prepayment premium ends
- August 5, 2029 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Value at securitization
- $1.1B (Oct 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.70x | 2.41x |
| Occupancy | 100% | 14% |
| Net operating income (annualized from 6 months) | $58.1M | $66.0M |
| Debt yield | 101.5% |
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 2020-GC47 filing for the reporting period ending October 8, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
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 100% when the loan was securitized to 14%.
- Net operating income is 14% above the underwritten figure ($66.0M a year against $58.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.70x at securitization to 2.41x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $65.0M | Current | No | 2.41x | 14% |
| September 2026 | $65.0M | Current | No | 2.41x | 14% |
| August 2026 | $65.0M | Current | No | 2.02x | 14% |
| July 2026 | $65.0M | Current | No | 2.02x | 67% |
| June 2026 | $65.0M | Current | No | 2.02x | 67% |
| May 2026 | $65.0M | Current | No | 2.25x | 100% |
| April 2026 | $65.0M | Current | No | 2.21x | 100% |
| March 2026 | $65.0M | Current | No | 2.21x | 100% |
| February 2026 | $65.0M | Current | No | 2.21x | 100% |
| January 2026 | $65.0M | Current | No | 2.21x | 100% |
| December 2025 | $65.0M | Current | No | 2.25x | 100% |
| November 2025 | $65.0M | Current | No | 2.25x | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GC47 | 2 | $60,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
| GS Mortgage Securities Trust 2020-GC47 | 2A | $5,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other California loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Burlingame Point | Burlingame, CA | Office | $360.0M | 3.017% | Jul 2030 | 2.68x | 100% | Current |
| Mcclellan Park | McClellan, CA | Mixed use | $358.0M | 3.309% | Dec 2030 | n/a | n/a | Current |
| Moffett Towers Building B | Sunnyvale, CA | Office | $227.6M | 3.49% | Feb 2030 | n/a | n/a | Current |
| Coleman Highline, San Jose (2030 maturity), loan 2 in BANK 2020-BNK29 | San Jose, CA | Office | $167.7M | 2.867% | Nov 2030 | 4.15x | 100% | Current |
| Radius at Harbor Bay | Alameda, CA | Other | $166.4M | 6.126% | Jan 2030 | 1.48x | 90% | Current |
| Coleman Highline, San Jose (2030 maturity), loan 2 in BENCHMARK 2020-B19 MORTGAGE TRUST | San Jose, CA | Office | $155.0M | 2.80% | Sep 2030 | 4.47x | 100% | Current |
| Moffett Place - Building 6 | Sunnyvale, CA | Office | $132.6M | 3.369% | Aug 2030 | n/a | n/a | Current |
| Amazon LAX | Los Angeles, CA | Industrial | $116.3M | 5.509% | Dec 2030 | 1.73x | 100% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.