Industrial portfolio, 6 properties · Social Circle, Georgia
Project Broadview - Social Circle Warehouse
Public CMBS trusts hold $155.0M of the loan on this portfolio at 5.84% that reaches maturity on January 6, 2031, in 4 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
- $155,000,000
- Original balance (same notes)
- $155,000,000
- Interest rate
- 5.84% fixed
- Originated
- December 16, 2025
- Maturity
- January 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1871 Willow Springs Church Road, Social Circle, GA 30025
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Value at securitization
- $301.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | $19.5M | $22.1M |
| Debt yield | 14.2% |
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 BMO 2026-5C14 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 13% above the underwritten figure ($22.1M a year against $19.5M; the latest statement covers 3 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Project Broadview - Social Circle Warehouse | Social Circle, GA | Industrial | 100% | 2.41x |
| NYU Langone Health | New York, NY | Office | 100% | 2.05x |
| UL Solutions | Fremont, CA | Industrial | 100% | 2.03x |
| Bass Pro Shops | Triadelphia, WV | Retail | 100% | 1.73x |
| Commodore InterBay | Seattle, WA | Industrial | 97% | 1.81x |
| Salters Creek Huntington Ingalls | Hampton, VA | Industrial | 100% | 1.49x |
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $155.0M | Current | No | 2.41x | 100% |
| August 2026 | $155.0M | Current | No | 2.41x | 100% |
| July 2026 | $155.0M | Current | No | 2.41x | 100% |
| June 2026 | $155.0M | Current | No | 2.41x | 100% |
| May 2026 | $155.0M | Current | No | 2.41x | 100% |
| April 2026 | $155.0M | Current | No | n/a | n/a |
| March 2026 | $155.0M | Current | No | n/a | n/a |
| February 2026 | $80.0M | Current | No | n/a | n/a |
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 2026-V20 Mortgage Trust | 1 | $80,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BMO 2026-5C14 Mortgage Trust | 2 | $75,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mountain Industrial Portfolio | Locust Grove, GA | Industrial | $337.5M | 5.097% | May 2031 | n/a | n/a | Current |
| The Jax | Monroe, GA | Multifamily | $43.5M | 6.17% | Sep 2031 | n/a | n/a | Current |
| Compass Self Storage - Conyers | Conyers, GA | Self storage | $41.0M | 3.66% | May 2031 | n/a | n/a | Current |
| U-Haul SAC Atlanta | Atlanta, GA | Self storage | $34.1M | 2.692% | Jul 2031 | n/a | n/a | Current |
| Bedford Park | Atlanta, GA | Multifamily | $31.5M | 3.973% | Mar 2031 | 1.67x | 83% | Current |
| Norcross Industrial Portfolio | Norcross, GA | Industrial | $31.5M | 3.549% | Nov 2031 | 3.98x | 88% | Current |
| Legacy Commons | Tucker, GA | Multifamily | $30.5M | 3.88% | Mar 2031 | 1.99x | 87% | Current |
| General Mills | Social Circle, GA | Industrial | $24.4M | 5.84% | Jan 2031 | n/a | n/a | Current |
All loans maturing in 2031 · 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.