Office · Long Beach, California
Shoreline Square
Shoreline Square is financed with a $55.6M CMBS loan at 3.75% that reaches its anticipated repayment date on February 6, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $55,575,000
- Original balance (same notes)
- $55,575,000
- Interest rate
- 3.75% fixed
- Originated
- January 27, 2022
- Maturity
- February 6, 2027
- Anticipated repayment date
- February 6, 2027 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for 58 months, then amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- CREFI
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 301 East Ocean Boulevard, Long Beach, CA 90802
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 413,801 sq ft
- Built
- 1988, renovated 2008
- Largest tenants
- The United States of America; Dassault; Department of Defense - US
- Value at securitization
- $87.5M (Dec 2021)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.52x |
| Occupancy | 85% | 80% |
| Net operating income | n/a | $5.3M |
| Debt yield | 9.6% |
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 Benchmark 2022-B34 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Matures 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
- Occupancy has fallen from 85% when the loan was securitized to 80%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $55.6M | Not reported | No | 2.52x | 80% |
| August 2026 | $55.6M | Not reported | No | 2.52x | 80% |
| July 2026 | $55.6M | Not reported | No | 2.52x | 80% |
| June 2026 | $55.6M | Not reported | No | 2.52x | 80% |
| May 2026 | $55.6M | Not reported | No | 2.52x | 80% |
| April 2026 | $55.6M | Not reported | No | 2.52x | 80% |
| March 2026 | $55.6M | Not reported | No | 2.47x | 80% |
| February 2026 | $55.6M | Not reported | No | 2.51x | 79% |
| January 2026 | $55.6M | Not reported | No | 2.51x | 79% |
| December 2025 | $55.6M | Not reported | No | 2.61x | 80% |
| November 2025 | $55.6M | Not reported | No | 2.49x | 80% |
| October 2025 | $55.6M | Not reported | No | 2.49x | 82% |
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 |
|---|---|---|---|---|
| Benchmark 2022-B34 Mortgage Trust | 5 | $55,575,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Del Amo Fashion Center | Torrance, CA | Retail | $400.0M | 3.658% | Jun 2027 | 4.52x | 75% | Current |
| 1999 Avenue of the Stars | Los Angeles, CA | Office | $232.8M | 4.137% | May 2027 | 4.62x | 92% | Current |
| Colorado Center | Santa Monica, CA | Office | $160.0M | 3.562% | Aug 2027 | 3.00x | 90% | Current |
| 2355 and 2383 Utah Ave | El Segundo, CA | Office | $85.0M | 5.64% | May 2027 | 1.93x | 100% | Current |
| Medical Centre Of Santa Monica - West | Santa Monica, CA | Office | $71.0M | 4.06% | Jan 2027 | n/a | n/a | Current |
| Courtyard Los Angeles Sherman Oaks | Sherman Oaks, CA | Hotel | $52.6M | 4.474% | Dec 2027 | 1.49x | 71% | Current |
| Los Angeles Corporate Center | Monterey Park, CA | Office | $52.3M | 4.70% | Apr 2027 | 1.93x | 74% | Current |
| Anaheim Marriott Suites | Garden Grove, CA | Hotel | $50.4M | 5.395% | Feb 2027 | 0.30x | 58% | Current |
All loans maturing in 2027 · All Los Angeles-Long Beach-Anaheim 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.