Office portfolio, 2 properties · Bellevue, Washington
Summit 1, 2, 3
Public CMBS trusts hold $155.0M of the loan on this portfolio at 2.952% that reaches maturity on February 6, 2029, in 2 years and 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
- $155,000,000
- Original balance (same notes)
- $155,000,000
- Interest rate
- 2.952% fixed
- Originated
- December 10, 2021
- Maturity
- February 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- January 5, 2024
- Prepayment premium ends
- August 5, 2028 (yield maintenance)
- Master servicer
- KeyBank National Association
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 355 110th Avenue NE 10885 NE 4th Street, 320 108th Ave NE, Bellevue, WA 98004
- Metro
- Seattle-Tacoma-Bellevue, WA
- Value at securitization
- $895.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2022-C16 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Summit 1, 2, 3 | Bellevue, WA | Office | n/a | n/a |
| Summit 3 | Bellevue, WA | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $155.0M | Current | No | n/a | n/a |
| August 2026 | $155.0M | Current | No | n/a | n/a |
| July 2026 | $155.0M | Current | No | n/a | n/a |
| June 2026 | $155.0M | Current | No | n/a | n/a |
| May 2026 | $155.0M | Current | No | n/a | n/a |
| April 2026 | $155.0M | Current | No | 2.47x | 87% |
| March 2026 | $155.0M | Current | No | 2.53x | 87% |
| February 2026 | $155.0M | Current | No | 2.53x | 87% |
| January 2026 | $155.0M | Current | No | 2.53x | 87% |
| December 2025 | $155.0M | Current | No | 2.49x | 87% |
| November 2025 | $155.0M | Current | No | 2.49x | 87% |
| October 2025 | $155.0M | Current | No | 2.49x | 87% |
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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2022-C15 | 1 | $65,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2022-C14 | 6 | $50,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2022-B33 Mortgage Trust | 17 | $23,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BBCMS Mortgage Trust 2022-C16 | 20 | $17,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Seattle-Tacoma-Bellevue loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Newport Corporate Center | Bellevue, WA | Office | $164.0M | 3.543% | May 2029 | 5.70x | 100% | Current |
| Sunset North | Bellevue, WA | Office | $150.0M | 3.25% | Oct 2029 | 1.96x | 66% | Current |
| 4th & Battery | Seattle, WA | Office | $135.0M | 4.378% | Jun 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Millennium Corporate Park | Redmond, WA | Office | $131.0M | 3.032% | Jan 2029 | 3.62x | 89% | Current |
| 90 North Campus | Bellevue, WA | Office | $80.0M | 3.732% | Dec 2029 | 2.97x | 100% | Current |
| University Village, Seattle | Seattle, WA | Retail | $75.0M | 3.30% | Dec 2029 | 2.52x | 95% | Current |
| The Summit, Bellevue | Bellevue, WA | Office | $65.0M | 2.952% | Feb 2029 | n/a | n/a | Current |
| The Outlet Collection Seattle | Auburn, WA | Retail | $53.3M | 7.33% | Dec 2029 | 2.57x | 98% | Current |
All loans maturing in 2029 · All Seattle-Tacoma-Bellevue 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.