Office · Atlanta, Georgia
Platinum Tower
Public CMBS trusts hold $23.4M of the loan on Platinum Tower at 8.305% that reaches maturity on June 1, 2028, in 19 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $23,438,288
- Original balance (same notes)
- $24,000,000
- Interest rate
- 8.305% fixed
- Originated
- May 26, 2023
- Maturity
- June 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 31, 2025
- Prepayment premium ends
- February 29, 2028 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 400 Interstate North Parkway SE, Atlanta, GA 30339
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 313,482 sq ft
- Built
- 1987
- Largest tenants
- Aveanna Healthcare, LLC; Hartman, Simons & Wood LLP; Interra International, LLC
- Value at securitization
- $48.9M (Mar 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.87x | 1.86x |
| Occupancy | 75% | 75% |
| Net operating income (annualized from 6 months) | $4.1M | $8.2M |
| Debt yield | 34.8% |
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 2023-V3 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 101% above the underwritten figure ($8.2M a year against $4.1M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $23.4M | Current | No | 1.86x | 75% |
| August 2026 | $23.5M | Current | No | 1.93x | 75% |
| July 2026 | $23.5M | Current | No | 1.93x | 75% |
| June 2026 | $23.5M | Current | No | 1.93x | 75% |
| May 2026 | $23.5M | Current | No | n/a | n/a |
| April 2026 | $23.5M | Current | No | 1.71x | 74% |
| March 2026 | $23.5M | Current | No | 1.71x | 74% |
| February 2026 | $23.6M | Current | No | 1.76x | 74% |
| January 2026 | $23.6M | Current | No | 1.76x | 74% |
| December 2025 | $23.6M | Current | No | 1.76x | 74% |
| November 2025 | $23.6M | Current | No | 1.79x | 74% |
| October 2025 | $23.6M | Current | No | 1.79x | 75% |
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 2023-B39 Mortgage Trust | 21 | $14,648,930 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2023-V3 Mortgage Trust | 31 | $8,789,358 | Sep 2026 | SEC filing, September 28, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cumberland Mall | Atlanta, GA | Retail | $180.0M | 7.87% | May 2028 | 1.68x | 98% | Current |
| 1025 Lenox Park | Atlanta, GA | Office | $75.0M | 7.913% | Oct 2028 | n/a | n/a | Current |
| The Prado | Sandy Springs, GA | Retail | $42.0M | 8.80% | Dec 2028 | 1.12x | 90% | Current |
| Hilton Garden Inn Atlanta Downtown | Atlanta, GA | Hotel | $39.5M | 8.39% | Nov 2028 | 2.07x | 77% | Current |
| Perimeter Square | Atlanta, GA | Retail | $35.0M | 5.545% | Nov 2028 | 1.67x | 100% | Current |
| 1000 Windward Concourse | Alpharetta, GA | Office | $29.7M | 4.995% | Nov 2028 | 0.58x | 43% | Current |
| Embassy Suites Atlanta Airport | Atlanta, GA | Hotel | $29.2M | 4.97% | Sep 2028 | 1.59x | 70% | Current |
| Embassy Suites Kennesaw | Kennesaw, GA | Hotel | $27.8M | 5.33% | Jul 2028 | 1.89x | 83% | Current |
All loans maturing in 2028 · All Atlanta-Sandy Springs-Roswell 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.