Office · Ontario, California
Waterside Center 3110
Waterside Center 3110 is financed with a $14.5M CMBS loan at 3.772% that reaches maturity on December 11, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,497,515
- Original balance (same notes)
- $14,970,000
- Interest rate
- 3.772% fixed
- Originated
- December 10, 2019
- Maturity
- December 11, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- March 10, 2022
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3110 East Guasti Road, Ontario, CA 91761
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 91,683 sq ft
- Built
- 2005
- Largest tenants
- Platl College Los Angeles LLC A Delaware limited; GSA; Acrisure
- Value at securitization
- $22.1M (Oct 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.64x | 1.42x |
| Occupancy | 81% | 87% |
| Net operating income (annualized from 6 months) | $1.4M | $1.2M |
| Debt yield | 8.2% |
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 BANK 2020-BNK25 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Occupancy has risen from 81% when the loan was securitized to 87%.
- Net operating income is 13% below the underwritten figure ($1.2M a year against $1.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.64x at securitization to 1.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.5M | Current | No | 1.42x | 87% |
| August 2026 | $14.5M | Current | No | 1.42x | 87% |
| July 2026 | $14.5M | Current | No | 1.42x | 87% |
| June 2026 | $14.6M | Current | No | 1.91x | 68% |
| May 2026 | $14.6M | Current | No | 1.91x | 68% |
| April 2026 | $14.6M | Current | No | 1.91x | 68% |
| March 2026 | $14.6M | Current | No | 1.88x | 68% |
| February 2026 | $14.7M | Current | No | 1.88x | 68% |
| January 2026 | $14.7M | Current | No | 1.95x | 71% |
| December 2025 | $14.7M | Current | No | 1.95x | 71% |
| November 2025 | $14.7M | Current | No | 1.95x | 71% |
| October 2025 | $14.7M | Current | No | 1.99x | 85% |
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 |
|---|---|---|---|---|
| BANK 2020-BNK25 | 30 | $14,497,515 | Sep 2026 | SEC filing, September 29, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Springs | Palm Springs, CA | Retail | $167.2M | 4.059% | May 2029 | n/a | n/a | Current |
| Galleria at Tyler | Riverside, CA | Retail | $120.0M | 7.919% | Jan 2029 | 1.81x | 85% | Current |
| Metro 3610 | Riverside, CA | Multifamily | $75.5M | 6.181% | Nov 2029 | 1.16x | 95% | Current |
| Jess Ranch Marketplace | Apple Valley, CA | Retail | $58.1M | 3.724% | Aug 2029 | 2.51x | 93% | Current |
| 67660 East Ramon Road | Cathedral City, CA | Self storage | $39.0M | 4.14% | Apr 2029 | n/a | n/a | Current |
| The Glen | San Bernardino, CA | Multifamily | $28.5M | 6.921% | Feb 2029 | 1.18x | 79% | Current |
| Menifee Town Center | Menifee, CA | Retail | $21.7M | 3.86% | Aug 2029 | n/a | n/a | Current |
| Tower Plaza | Temecula, CA | Retail | $19.3M | 4.12% | Jul 2029 | 2.66x | 97% | Current |
All loans maturing in 2029 · All Riverside-San Bernardino-Ontario 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.