Office · Katy, Texas
Veranda at Cinco Ranch
Veranda at Cinco Ranch is financed with a $12.4M CMBS loan at 3.45% that reaches maturity on March 1, 2030, in 3 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
- $12,400,000
- Original balance (same notes)
- $12,400,000
- Interest rate
- 3.45% fixed
- Originated
- February 3, 2020
- Maturity
- March 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 30, 2022
- Prepayment premium ends
- December 31, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 24022 & 23922 Cinco Village Center Blvd, Katy, TX 77494
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 61,995 sq ft
- Built
- 2006
- Largest tenants
- Prudential Gary Greene; Texas Children's Pediatrics; Sola Salon
- Value at securitization
- $22.6M (Dec 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.30x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the Benchmark 2020-B17 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Largest tenant's lease ends within 12 months
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 Jan 2027 as the lease end date for the largest tenant (Prudential Gary Greene), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.4M | Current | No | n/a | n/a |
| August 2026 | $12.4M | Current | No | n/a | n/a |
| July 2026 | $12.4M | Current | No | n/a | n/a |
| June 2026 | $12.4M | Current | No | n/a | n/a |
| May 2026 | $12.4M | Current | No | n/a | n/a |
| April 2026 | $12.4M | Current | No | 3.68x | 100% |
| March 2026 | $12.4M | Current | No | 3.57x | 100% |
| February 2026 | $12.4M | Current | No | 3.57x | 100% |
| January 2026 | $12.4M | Current | No | 3.57x | 100% |
| December 2025 | $12.4M | Current | No | 4.48x | 100% |
| November 2025 | $12.4M | Current | No | 4.48x | 100% |
| October 2025 | $12.4M | Current | No | 4.48x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2020-B17 Mortgage Trust | 24 | $12,400,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 5712 Old River | Old River Winfree, TX | Self storage | $60.0M | 5.808% | Oct 2030 | n/a | n/a | Current |
| Waterford Grove Apartments | Houston, TX | Multifamily | $60.0M | 6.567% | Mar 2030 | 0.88x | 71% | Delinquent |
| Hotel ZaZa | Houston, TX | Hotel | $58.4M | 3.80% | Mar 2030 | 3.56x | 62% | Current |
| Rayford Square | Spring, TX | Retail | $57.6M | 3.595% | Jan 2030 | n/a | n/a | Current |
| Providence at Heights & Legacy at Westchase | Houston, TX | Multifamily | $50.5M | 6.36% | Jun 2030 | 1.18x | 93% | With the special servicer |
| Trails at Dominion Park | Houston, TX | Multifamily | $42.7M | 6.20% | Jan 2030 | n/a | n/a | Current |
| Chasewood Technology Park | Houston, TX | Office | $41.7M | 3.914% | Sep 2030 | 1.97x | 69% | Current |
| Haven at Bellaire | Richmond, TX | Multifamily | $41.6M | 6.262% | Oct 2030 | 1.07x | 91% | With the special servicer and 60-89 days delinquent |
All loans maturing in 2030 · All Houston-Pasadena-The Woodlands 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.