Office · Los Angeles, California
One Wilshire, Los Angeles (2032 maturity)
Public CMBS trusts hold $196.0M of the loan on One Wilshire at 2.776% that reaches its anticipated repayment date on January 6, 2032, in 5 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $196,000,000
- Original balance (same notes)
- $196,000,000
- Interest rate
- 2.776% fixed
- Originated
- December 22, 2021
- Maturity
- January 6, 2032
- Anticipated repayment date
- January 6, 2032 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for 117 months, then amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- GSBI
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 624 South Grand Avenue, Los Angeles, CA 90017
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Built
- 1967, renovated 1992
- Largest tenants
- Coresite One Wilshir; ZColo LLC; Verizon Wireless
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 3.29x |
| Occupancy | n/a | 61% |
| Net operating income | n/a | $18.1M |
| Debt yield | 9.2% |
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 Benchmark 2022-B34 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- The filing gives Jul 2029 as the lease end date for the largest tenant (Coresite One Wilshir), 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 | $196.0M | Not reported | No | 3.36x | 58% |
| August 2026 | $196.0M | Not reported | No | 3.36x | 58% |
| July 2026 | $196.0M | Late payment but less than 30 days delinquent | No | 3.36x | 58% |
| June 2026 | $196.0M | Late payment but less than 30 days delinquent | No | 3.36x | 58% |
| May 2026 | $196.0M | Not reported | No | 3.36x | 58% |
| April 2026 | $196.0M | Late payment but less than 30 days delinquent | No | 3.36x | 63% |
| March 2026 | $196.0M | Not reported | No | 3.18x | 63% |
| February 2026 | $196.0M | Late payment but less than 30 days delinquent | No | 3.07x | 71% |
| January 2026 | $196.0M | Not reported | No | 3.07x | 71% |
| December 2025 | $196.0M | Not reported | No | 3.07x | 71% |
| November 2025 | $196.0M | Not reported | No | 3.21x | 71% |
| October 2025 | $196.0M | Not reported | No | 3.21x | 71% |
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 |
|---|---|---|---|---|
| BENCHMARK 2022-B35 MORTGAGE TRUST | 1 | $111,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2022-B34 Mortgage Trust | 2 | $85,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Reef | Los Angeles, CA | Mixed use | $150.0M | 5.425% | May 2032 | n/a | n/a | Current |
| Uci Research Park Phases 12 & 13 | Irvine, CA | Office | $150.0M | 3.126% | Mar 2032 | 3.54x | 97% | Current |
| 417 & 433 West 164th Street | Gardena, CA | Industrial | $93.5M | 5.00% | Aug 2032 | n/a | n/a | Current |
| Romaine & Orange Square | Los Angeles, CA | Office | $68.0M | 4.44% | Apr 2032 | 1.69x | 91% | Current |
| 935-953 Sycamore | Los Angeles, CA | Mixed use | $60.0M | 5.44% | Aug 2032 | 1.83x | 96% | Current |
| The Garland Hotel | North Hollywood, CA | Hotel | $45.0M | 5.64% | Jul 2032 | 2.62x | 83% | Current |
| Whizin Market Square | Agoura Hills, CA | Retail | $40.3M | 4.76% | Apr 2032 | 1.74x | 98% | Current |
| Cerritos Center Court | Cerritos, CA | Office | $34.0M | 5.314% | Jul 2032 | 2.02x | 100% | Current |
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.