Office portfolio, 2 properties · San Francisco, California
Uber Headquarters, San Francisco (2030 maturity), loan 15 in Benchmark 2025-V15 Mortgage Trust
This portfolio is financed with a $20.0M CMBS loan at 5.875% that reaches its anticipated repayment date on February 10, 2030, in 3 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
- $20,000,000
- Original balance (same notes)
- $20,000,000
- Interest rate
- 5.875% fixed
- Originated
- February 10, 2025
- Maturity
- February 10, 2035
- Anticipated repayment date
- February 10, 2030 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Metro
- San Francisco-Oakland-Fremont, CA
- Value at securitization
- $753.0M (Dec 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.37x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | n/a | $44.9M |
| Debt yield | 224.5% |
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 2025-V15 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 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.0M | Current | No | 1.37x | 100% |
| August 2026 | $20.0M | Current | No | 1.37x | 100% |
| July 2026 | $20.0M | Current | No | 1.37x | 100% |
| June 2026 | $20.0M | Current | No | 1.50x | 100% |
| May 2026 | $20.0M | Current | No | 1.33x | 100% |
| April 2026 | $20.0M | Current | No | 1.33x | 100% |
| March 2026 | $20.0M | Current | No | 1.33x | 100% |
| February 2026 | $20.0M | Current | No | 1.33x | 100% |
| January 2026 | $20.0M | Current | No | 1.33x | 100% |
| December 2025 | $20.0M | Current | No | n/a | n/a |
| November 2025 | $20.0M | Current | No | n/a | n/a |
| October 2025 | $20.0M | Late payment but less than 30 days delinquent | 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 2025-V15 Mortgage Trust | 15 | $20,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Burlingame Point | Burlingame, CA | Office | $360.0M | 3.017% | Jul 2030 | 2.68x | 100% | Current |
| Radius at Harbor Bay | Alameda, CA | Other | $166.4M | 6.126% | Jan 2030 | 1.48x | 90% | Current |
| 525 Market Street | San Francisco, CA | Office | $110.0M | 2.95% | Feb 2030 | 2.17x | 70% | Current |
| The Plaza at Walnut Creek | Walnut Creek, CA | Office | $97.2M | 6.598% | Feb 2030 | 2.87x | 93% | Current |
| 420 Taylor | San Francisco, CA | Office | $79.5M | 3.75% | Aug 2030 | 3.45x | 100% | Current |
| 525 Market | San Francisco, CA | Office | $50.0M | 2.95% | Feb 2030 | 2.12x | 72% | Current |
| Panoramic Berkeley | Berkeley, CA | Multifamily | $42.0M | 3.848% | Apr 2030 | 2.23x | 99% | Current |
| 1420 Harbor Bay Parkway | Alameda, CA | Mixed use | $41.6M | 6.126% | Jan 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All San Francisco-Oakland-Fremont 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.