Mixed use · San Diego, California
Torrey Heights, San Diego (2031 maturity), loan 8 in BANK5 2026-5YR20
Public CMBS trusts hold $92.0M of the loan on Torrey Heights at 4.968% that reaches its anticipated repayment date on January 9, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $92,000,000
- Original balance (same notes)
- $92,000,000
- Interest rate
- 4.968% fixed
- Originated
- January 9, 2026
- Maturity
- January 9, 2036
- Anticipated repayment date
- January 9, 2031 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 8, 2030
- Master servicer
- Trimont
- Originator
- German American Capital Corporation, Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 11202,11208,11214 El Camino Real, San Diego, CA 92130
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Rentable area
- 520,604 sq ft
- Built
- 2023
- Largest tenants
- Pfizer; Becton Dickinson; Architect Therapeutics
- Value at securitization
- $723.4M (Jan 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.14x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $39.6M | n/a |
Watch flags
Computed from the Benchmark 2026-V21 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.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $92.0M | Current | No | n/a | n/a |
| August 2026 | $92.0M | Current | No | n/a | n/a |
| July 2026 | $92.0M | Current | No | n/a | n/a |
| June 2026 | $92.0M | Current | No | n/a | n/a |
| May 2026 | $92.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $92.0M | Current | No | n/a | n/a |
| March 2026 | $62.0M | Current | No | n/a | n/a |
| February 2026 | $62.0M | Current | No | 0.49x | 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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 2026-5YR20 | 8 | $42,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Benchmark 2026-V20 Mortgage Trust | 13 | $20,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| Benchmark 2026-V21 Mortgage Trust | 15-A-6-1 | $15,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2026-V21 Mortgage Trust | 15-A-7 | $15,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sunset View | Oceanside, CA | Multifamily | $37.2M | 6.065% | Mar 2031 | n/a | n/a | Current |
| Lightwave Corporate Center | San Diego, CA | Mixed use | $37.1M | 2.55% | Oct 2031 | 5.49x | 100% | Current |
| Torrey Heights, San Diego (2031 maturity), loan 11 in BANK5 2026-5YR21 | San Diego, CA | Mixed use | $33.0M | 4.968% | Jan 2031 | n/a | n/a | Current |
| Allied Plaza | La Mesa, CA | Office | $20.5M | 2.98% | Apr 2031 | 4.29x | 92% | Current |
| The Promontory | San Diego, CA | Office | $20.0M | 3.652% | Apr 2031 | 3.25x | 85% | Current |
| Sorrento Pines | CA | Industrial | $19.5M | 6.42% | Jul 2031 | n/a | n/a | Current |
| Holiday inn Express - San Diego | San Diego, CA | Hotel | $19.0M | 3.735% | Jun 2031 | 3.67x | 82% | Current |
| Westward Ho | El Cajon, CA | Manufactured housing | $18.5M | 3.84% | Dec 2031 | 2.12x | 100% | Current |
All loans maturing in 2031 · All San Diego-Chula Vista-Carlsbad 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.