Mixed use · Rohnert Park, California
Somo Village
Public CMBS trusts hold $63.0M of the loan on Somo Village at 6.524% that reaches maturity on May 11, 2033, in 6 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $63,000,000
- Original balance (same notes)
- $63,000,000
- Interest rate
- 6.524% fixed
- Originated
- April 13, 2023
- Maturity
- May 11, 2033
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 10, 2033
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1100, 1200, 1300, 1400 & 1500 Valley House Drive, Rohnert Park, CA 94928
- Metro
- Santa Rosa-Petaluma, CA
- Rentable area
- 597,457 sq ft
- Built
- 1983, renovated 2022
- Largest tenants
- Morton & Bassett; Resynergi; Credo School
- Value at securitization
- $103.5M (Feb 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 1.78x |
| Occupancy | 89% | 97% |
| Net operating income (annualized from 6 months) | $6.7M | $7.4M |
| Debt yield | 11.8% |
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 BBCMS Mortgage Trust 2025-C32 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Occupancy has risen from 89% when the loan was securitized to 97%.
- Net operating income is 11% above the underwritten figure ($7.4M a year against $6.7M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.41x at securitization to 1.78x on the latest statements.
- The filing gives Sep 2032 as the lease end date for the largest tenant (Morton & Bassett), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $63.0M | Payment not received but still in grace period or not yet due | No | 1.78x | 97% |
| August 2026 | $63.0M | Payment not received but still in grace period or not yet due | No | 1.50x | 96% |
| July 2026 | $63.0M | Current | No | 1.50x | 96% |
| June 2026 | $63.0M | Current | No | 1.50x | 96% |
| May 2026 | $63.0M | Payment not received but still in grace period or not yet due | No | 1.70x | 89% |
| April 2026 | $63.0M | Current | No | 1.70x | 89% |
| March 2026 | $63.0M | Current | No | 1.82x | 96% |
| February 2026 | $63.0M | Current | No | 1.82x | 96% |
| January 2026 | $63.0M | Current | No | 1.82x | 96% |
| December 2025 | $63.0M | Current | No | 1.73x | 96% |
| November 2025 | $63.0M | Current | No | 1.73x | 96% |
| October 2025 | $63.0M | Current | No | 1.73x | 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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| MSWF Commercial Mortgage Trust 2023-1 | 3 | $45,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| BBCMS Mortgage Trust 2025-C32 | 19 | $18,000,000 | Sep 2026 | SEC filing, September 29, 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.