Retail · Sacramento, California
Sacramento Gateway
Sacramento Gateway is financed with a $61.5M CMBS loan at 6.456% that reaches maturity on October 11, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $61,500,000
- Original balance (same notes)
- $61,500,000
- Interest rate
- 6.456% fixed
- Originated
- October 10, 2024
- Maturity
- October 11, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 10, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3648 North Freeway Boulevard, Sacramento, CA 95834
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 347,560 sq ft
- Built
- 2006
- Largest tenants
- Best Buy; Burlington; Nordstrom
- Value at securitization
- $92.0M (Sep 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.37x | 1.66x |
| Occupancy | 96% | 96% |
| Net operating income (annualized from 6 months) | $6.4M | $6.7M |
| Debt yield | 10.9% |
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 Wells Fargo Commercial Mortgage Trust 2024-5C2 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
- Net operating income is 6% above the underwritten figure ($6.7M a year against $6.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.37x at securitization to 1.66x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $61.5M | Current | No | 1.66x | 96% |
| August 2026 | $61.5M | Current | No | 1.65x | 95% |
| July 2026 | $61.5M | Current | No | 1.65x | 95% |
| June 2026 | $61.5M | Current | No | 1.65x | 95% |
| May 2026 | $61.5M | Current | No | 1.58x | 94% |
| April 2026 | $61.5M | Current | No | 1.58x | 94% |
| March 2026 | $61.5M | Current | No | 1.58x | 94% |
| February 2026 | $61.5M | Current | No | 1.58x | 94% |
| January 2026 | $61.5M | Current | No | 1.58x | 94% |
| December 2025 | $61.5M | Current | No | 1.58x | 94% |
| November 2025 | $61.5M | Current | No | 1.58x | 94% |
| October 2025 | $61.5M | Current | No | 1.58x | 96% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2024-5C2 | 3 | $61,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| White Rock Corporate Center | Rancho Cordova, CA | Office | $45.3M | 3.35% | Aug 2029 | 4.14x | 87% | Current |
| The Citizen Hotel Sacramento | Sacramento, CA | Hotel | $34.0M | 4.11% | Aug 2029 | 2.93x | 79% | Current |
| Syngenta Woodland | Woodland, CA | Industrial | $26.4M | 6.671% | Mar 2029 | 1.86x | 100% | Current |
| Roseville Shopping Center | Roseville, CA | Retail | $22.1M | 4.75% | Jan 2029 | 2.11x | 92% | Current |
| California Center | Sacramento, CA | Office | $18.8M | 5.00% | Apr 2029 | 1.21x | 97% | Current |
| Cable Park Shopping Center | Orangevale, CA | Retail | $17.0M | 5.41% | Jan 2029 | 1.21x | 72% | Current |
| 100 Howe | Sacramento, CA | Office | $16.7M | 7.56% | Dec 2029 | 1.45x | 90% | Current |
| Stone Point Plaza | Roseville, CA | Office | $13.9M | 7.128% | Aug 2029 | 1.78x | 87% | Current |
All loans maturing in 2029 · All Sacramento-Roseville-Folsom 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.