Self storage · Torrance, California
SOS Storage Center
SOS Storage Center is financed with a $14.0M CMBS loan at 7.58% that reaches maturity on September 6, 2033, in 6 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,000,000
- Original balance (same notes)
- $14,000,000
- Interest rate
- 7.58% fixed
- Originated
- August 16, 2023
- Maturity
- September 6, 2033
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2033
- Master servicer
- Midland Loan Services
- Originator
- Greystone Servicing Company LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently November 17, 2025
- Defeasance
- None reported
The property
- Address
- 19840 Pioneer Avenue, Torrance, CA 90503
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 121,267 sq ft
- Units, rooms or beds
- 801
- Built
- 1992, renovated 2008
- Value at securitization
- $23.5M (Jul 2023)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.34x | 1.11x |
| Occupancy | 94% | n/a |
| Net operating income (annualized from 3 months) | $1.4M | $1.2M |
| Debt yield | 8.7% |
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 2023-C7 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Modified
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 16% below the underwritten figure ($1.2M a year against $1.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.34x at securitization to 1.11x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.0M | Current | No | 1.11x | n/a |
| August 2026 | $14.0M | Current | No | 1.11x | n/a |
| July 2026 | $14.0M | Current | No | n/a | n/a |
| June 2026 | $14.0M | Current | No | n/a | n/a |
| May 2026 | $14.0M | Current | No | n/a | n/a |
| April 2026 | $14.0M | Current | No | 1.07x | 96% |
| March 2026 | $14.0M | Current | No | 1.07x | 96% |
| February 2026 | $14.0M | Current | No | 1.09x | 97% |
| January 2026 | $14.0M | Current | No | 1.09x | 97% |
| December 2025 | $14.0M | Current | No | 1.09x | 97% |
| November 2025 | $14.0M | Current | No | 1.08x | 97% |
| October 2025 | $14.0M | Current | No | 1.09x | 97% |
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 |
|---|---|---|---|---|
| BMO 2023-C7 Mortgage Trust | 24 | $14,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pacific Design Center | West Hollywood, CA | Mixed use | $245.0M | 5.941% | Feb 2033 | 1.89x | 75% | Current |
| Valley View Shopping Center, Yorba Linda | Yorba Linda, CA | Retail | $18.3M | 6.43% | Apr 2033 | 1.93x | 100% | Current |
| Chatsworth Retail Portfolio | Los Angeles, CA | Retail | $11.7M | 6.26% | Apr 2033 | n/a | n/a | Current |
| 1777 Vine Street | Los Angeles, CA | Office | $11.1M | 6.567% | May 2033 | 2.01x | 100% | Current |
| 5600 W. Adams Blvd. | Los Angeles, CA | Office | $10.0M | 7.49% | Dec 2033 | 2.11x | 100% | Current |
| Pomona Industrial | Pomona, CA | Industrial | $9.8M | 6.57% | Feb 2033 | 1.28x | 100% | Current |
| Claremont Packing House | Claremont, CA | Mixed use | $8.0M | 6.65% | Dec 2033 | 2.44x | 98% | Current |
| Empire Burbank | Burbank, CA | Office | $6.4M | 6.59% | Jun 2033 | 1.65x | 100% | Current |
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.