Industrial · Woodland, California
Syngenta Woodland
Public CMBS trusts hold $26.4M of the loan on Syngenta Woodland at 6.671% that reaches maturity on March 6, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $26,369,318
- Original balance (same notes)
- $29,585,518
- Interest rate
- 6.671% fixed
- Originated
- March 1, 2024
- Maturity
- March 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 5, 2025
- Prepayment premium ends
- November 5, 2028 (yield maintenance)
- Master servicer
- Wells Fargo Bank, NA
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 21435 County Road 98, Woodland, CA 95695
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 115,664 sq ft
- Built
- 1984, renovated 2021
- Largest tenants
- Syngenta Seeds LLC
- Value at securitization
- $45.7M (Dec 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.80x | 1.86x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $3.6M | $3.3M |
| Debt yield | 12.6% |
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 2024-V6 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Net operating income is 7% below the underwritten figure ($3.3M a year against $3.6M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $26.4M | Current | No | 1.86x | 100% |
| August 2026 | $27.5M | Current | No | 1.93x | 100% |
| July 2026 | $26.4M | Current | No | 1.93x | 100% |
| June 2026 | $26.4M | Current | No | 1.93x | 100% |
| May 2026 | $26.4M | Current | No | 1.84x | 100% |
| April 2026 | $26.4M | Current | No | 1.73x | 100% |
| March 2026 | $26.4M | Late payment but less than 30 days delinquent | No | 1.73x | 100% |
| February 2026 | $26.4M | Late payment but less than 30 days delinquent | No | 1.73x | 100% |
| January 2026 | $26.4M | Late payment but less than 30 days delinquent | No | 1.73x | 100% |
| December 2025 | $26.4M | Late payment but less than 30 days delinquent | No | 1.79x | 100% |
| November 2025 | $26.4M | Late payment but less than 30 days delinquent | No | 1.79x | 100% |
| October 2025 | $26.4M | Late payment but less than 30 days delinquent | No | 1.79x | 100% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2024-5C27 | 12 | $17,456,404 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2024-V6 Mortgage Trust | 30 | $8,912,914 | Sep 2026 | SEC filing, September 28, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sacramento Gateway | Sacramento, CA | Retail | $61.5M | 6.456% | Oct 2029 | 1.66x | 96% | Current |
| White Rock Corporate Center | Rancho Cordova, CA | Office | $45.3M | 3.35% | Aug 2029 | 4.14x | 87% | Current |
| The Citizen Hotel Sacramento | Sacramento, CA | Hotel | $34.0M | 4.11% | Aug 2029 | 2.93x | 79% | Current |
| Roseville Shopping Center | Roseville, CA | Retail | $22.1M | 4.75% | Jan 2029 | 2.11x | 92% | Current |
| California Center | Sacramento, CA | Office | $18.8M | 5.00% | Apr 2029 | 1.21x | 97% | Current |
| Cable Park Shopping Center | Orangevale, CA | Retail | $17.0M | 5.41% | Jan 2029 | 1.21x | 72% | Current |
| 100 Howe | Sacramento, CA | Office | $16.7M | 7.56% | Dec 2029 | 1.45x | 90% | Current |
| Stone Point Plaza | Roseville, CA | Office | $13.9M | 7.128% | Aug 2029 | 1.78x | 87% | Current |
All loans maturing in 2029 · All Sacramento-Roseville-Folsom 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.