Mixed use · Truckee, California
The Rock Truckee
The Rock Truckee is financed with a $11.1M CMBS loan at 6.168% that reaches maturity on February 6, 2031, in 4 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
- $11,100,000
- Original balance (same notes)
- $11,100,000
- Interest rate
- 6.168% fixed
- Originated
- January 16, 2026
- Maturity
- February 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2030
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 11149, 11165, 11209 Brockway Road 11197, 11253, 11177 and 11249 Brockway Road, Truckee, CA 96161
- Rentable area
- 52,636 sq ft
- Built
- 2006, renovated 2024
- Largest tenants
- Nidecker US Inc; Sierra Sotheby's; Truckee Craft Brewing
- Value at securitization
- $18.1M (Oct 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.11x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $1.5M | n/a |
Watch flags
Computed from the Benchmark 2026-V20 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 May 2028 as the lease end date for the largest tenant (Nidecker US Inc), before the loan matures. Lenders look hard at that rollover.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.1M | Current | No | n/a | n/a |
| August 2026 | $11.1M | Current | No | n/a | n/a |
| July 2026 | $11.1M | Current | No | n/a | n/a |
| June 2026 | $11.1M | Current | No | n/a | n/a |
| May 2026 | $11.1M | Current | No | n/a | n/a |
| April 2026 | $11.1M | Current | No | n/a | n/a |
| March 2026 | $11.1M | Current | No | n/a | n/a |
| February 2026 | $11.1M | Payment not received but still in grace period or not yet due | 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-V20 Mortgage Trust | 23 | $11,100,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other California loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1888 Century Park East | Los Angeles, CA | Office | $200.0M | 2.641% | Dec 2031 | 3.24x | 70% | Current |
| Bridge Point Rancho Cucamonga | Rancho Cucamonga, CA | Industrial | $145.0M | 5.833% | Jul 2031 | 1.59x | 100% | Current |
| The Towers at Cupertino City Center | Cupertino, CA | Office | $145.0M | 6.442% | Mar 2031 | n/a | n/a | Current |
| Hilton Waterfront Beach Resort | Huntington Beach, CA | Hotel | $127.0M | 6.107% | Mar 2031 | n/a | n/a | Current |
| SOMA Teleco Office | San Francisco, CA | Office | $102.5M | 3.66% | Apr 2031 | 1.53x | 55% | Current |
| Kirby Industrial | Hemet, CA | Industrial | $102.0M | 6.75% | Feb 2031 | n/a | n/a | Current |
| 520 Almanor | Sunnyvalle, CA | Mixed use | $101.6M | 2.555% | Nov 2031 | 5.76x | 98% | Current |
| Glendale Fashion Center | Glendale, CA | Retail | $100.0M | 6.518% | Jul 2031 | n/a | n/a | 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.