Office · Sacramento, California
Parkway Office
Parkway Office is financed with a $12.0M CMBS loan at 3.655% that reaches maturity on December 1, 2027, in 13 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $12,000,000
- Original balance (same notes)
- $12,000,000
- Interest rate
- 3.655% fixed
- Originated
- November 30, 2020
- Maturity
- December 1, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- November 30, 2025
- Prepayment premium ends
- August 31, 2027 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 7001A East Parkway, Sacramento, CA 95823
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 95,427 sq ft
- Built
- 1964, renovated 2000
- Largest tenants
- County of Sacramento, Lease 1584
- Value at securitization
- $20.6M (Oct 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.03x | 3.22x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $1.3M | $2.9M |
| Debt yield | 24.0% |
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-GSA2 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Largest tenant's lease ends within 12 months
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 114% above the underwritten figure ($2.9M a year against $1.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.03x at securitization to 3.22x on the latest statements.
- The filing gives Jun 2027 as the lease end date for the largest tenant (County of Sacramento, Lease 1584), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $12.0M | Payment not received but still in grace period or not yet due | No | 3.22x | 100% |
| September 2026 | $12.0M | Current | No | 3.22x | 100% |
| August 2026 | $12.0M | Current | No | 3.29x | 100% |
| July 2026 | $12.0M | Payment not received but still in grace period or not yet due | No | 3.29x | 100% |
| June 2026 | $12.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $12.0M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| April 2026 | $12.0M | Current | No | 3.12x | 100% |
| March 2026 | $12.0M | Current | No | 3.11x | 100% |
| February 2026 | $12.0M | 30-59 days delinquent | No | 3.11x | 100% |
| January 2026 | $12.0M | Payment not received but still in grace period or not yet due | No | 3.11x | 100% |
| December 2025 | $12.0M | Current | No | 3.11x | 100% |
| November 2025 | $12.0M | Current | No | 3.11x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GSA2 | 20 | $12,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Capital Center II | Rancho Cordova, CA | Office | $40.0M | 4.264% | Aug 2027 | n/a | n/a | Current |
| 925 L Street | Sacramento, CA | Office | $30.1M | 4.223% | Dec 2027 | 1.47x | 91% | Current |
| Walmart Central | Folsom, CA | Retail | $24.4M | 4.34% | Aug 2027 | 1.00x | 100% | Current |
| Goldorado Shopping Center | Cameron Park, CA | Retail | $14.3M | 4.09% | Sep 2027 | 2.52x | 90% | Current |
| Courtyard Sacramento Midtown | Sacramento, CA | Hotel | $13.9M | 5.629% | Jan 2027 | 2.37x | 73% | Current |
| Modesto Springhill Suites | Modesto, CA | Hotel | $12.7M | 5.32% | Jan 2027 | 0.82x | 79% | Current |
| Discovery Plaza | Sacramento, CA | Retail | $9.8M | 4.531% | Aug 2027 | 2.58x | 96% | Current |
| Park Plaza, Sacramento | Sacramento, CA | Office | $9.5M | 4.30% | Sep 2027 | 1.72x | 75% | Current |
All loans maturing in 2027 · All Sacramento-Roseville-Folsom 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.