Office · Indianapolis, Indiana
Salesforce Tower
Public CMBS trusts hold $18.0M of the loan on Salesforce Tower at 4.367% that reached maturity on September 1, 2026, 1 month ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity but still paying.
The loan
- Balance in tracked trusts
- $18,000,000
- Original balance (same notes)
- $18,000,000
- Interest rate
- 4.367% fixed
- Originated
- August 25, 2016
- Maturity
- September 1, 2026
- Payments
- Interest only for the full term
- Prepayment lockout ended
- December 31, 2018
- Master servicer
- Trimont LLC
- Originator
- JPMCB
Status
- Payment status
- Performing matured balloon (code 4)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 111 Monument Circle and 120 North Pennsylvania Street, Indianapolis, IN 46204
- Metro
- Indianapolis-Carmel-Greenwood, IN
- Rentable area
- 1,105,117 sq ft
- Built
- 1959, renovated 1993
- Largest tenants
- Salesforce.com; JPMorgan Chase Bank N.A.; Bose McKinney & Evans
- Value at securitization
- $181.1M (Jul 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.87x | 3.11x |
| Occupancy | 86% | 81% |
| Net operating income | $13.7M | $14.9M |
| Debt yield | 82.6% |
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 JPMCC Commercial Mortgage Securities Trust 2016-JP4 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Past maturity
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
- Occupancy has fallen from 86% when the loan was securitized to 81%.
- Net operating income is 8% above the underwritten figure ($14.9M a year against $13.7M).
- Debt service coverage moved from 2.87x at securitization to 3.11x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.0M | Performing matured balloon | No | 3.11x | 81% |
| August 2026 | $18.0M | Current | No | 3.11x | 81% |
| July 2026 | $18.0M | Current | No | 3.03x | 81% |
| June 2026 | $18.0M | Current | No | 3.03x | 81% |
| May 2026 | $18.0M | Current | No | 3.03x | 81% |
| April 2026 | $18.0M | Current | No | 2.98x | 79% |
| March 2026 | $18.0M | Current | No | 2.98x | 79% |
| February 2026 | $18.0M | Current | No | 2.98x | 79% |
| January 2026 | $18.0M | Current | No | 2.98x | 81% |
| December 2025 | $18.0M | Current | No | 2.98x | 79% |
| November 2025 | $18.0M | Current | No | 3.12x | 78% |
| October 2025 | $18.0M | Current | No | 3.12x | 78% |
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2016-JP4 | 22 | $18,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
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.