Office · Portland, Oregon
The Hanna Building
The Hanna Building is financed with a $10.8M CMBS loan at 6.722% that reaches maturity on June 6, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,800,000
- Original balance (same notes)
- $10,800,000
- Interest rate
- 6.722% fixed
- Originated
- May 22, 2026
- Maturity
- June 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2030
- Master servicer
- Midland
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 541 Northeast 20th Avenue, Portland, OR 97232
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- Rentable area
- 111,644 sq ft
- Built
- 1930, renovated 2015
- Largest tenants
- Hanna Andersson; The Oregon Clinic P.C.; Equity Alliance, LLC dba RE/MAX
- Value at securitization
- $16.4M (Mar 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.39x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $1.8M | n/a |
Watch flags
Computed from the Benchmark 2026-V23 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- The filing gives Feb 2030 as the lease end date for the largest tenant (Hanna Andersson), before the loan matures. Lenders look hard at that rollover.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.8M | Current | No | n/a | n/a |
| August 2026 | $10.8M | Current | No | n/a | n/a |
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 2026-V23 Mortgage Trust | 19 | $10,800,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Portland-Vancouver-Hillsboro loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pittock Block | Portland, OR | Mixed use | $141.0M | 3.299% | Jan 2031 | 5.54x | 32% | Current |
| Clackamas Town Center | Happy Valley, OR | Retail | $97.0M | 6.96% | Sep 2031 | n/a | n/a | Current |
| Parkworks Industry Center | Wilsonville, OR | Industrial | $64.8M | 3.502% | Dec 2031 | 2.76x | 88% | Current |
| Nyberg Portfolio - Rivers | Portland, OR | Retail | $63.9M | 3.641% | Dec 2031 | n/a | n/a | Current |
| Residences at Arnada | Vancouver, WA | Multifamily | $15.0M | 6.10% | May 2031 | n/a | n/a | Current |
| Brookside Apartments | Gresham, OR | Multifamily | $13.8M | 6.812% | Oct 2031 | n/a | n/a | Current |
| Orchard Market Place | Vancouver, WA | Retail | $12.5M | 3.15% | Oct 2031 | 3.84x | 73% | Current |
| Iron Gate Mega Storage | Vancouver, WA | Self storage | $10.0M | 3.038% | Jan 2031 | 4.14x | 83% | Current |
All loans maturing in 2031 · All Portland-Vancouver-Hillsboro 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.