Retail · Exton, Pennsylvania
Whiteland Towne Center
Whiteland Towne Center is financed with a $34.4M CMBS loan at 4.00% that reaches maturity on February 6, 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
- $34,428,851
- Original balance (same notes)
- $36,800,000
- Interest rate
- 4.00% fixed
- Originated
- January 21, 2020
- Maturity
- February 6, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- November 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 111-246 West Lincoln Highway, Exton, PA 19341
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 218,132 sq ft
- Built
- 1988
- Largest tenants
- Gabriel Brothers; Exton BP LLC; National Fitness
- Value at securitization
- $53.2M (Dec 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.34x | 1.32x |
| Occupancy | 92% | 92% |
| Net operating income (annualized from 3 months) | $3.5M | $2.8M |
| 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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
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
- Net operating income is 19% below the underwritten figure ($2.8M a year against $3.5M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.34x at securitization to 1.32x on the latest statements.
- The filing gives Oct 2028 as the lease end date for the largest tenant (Gabriel Brothers), 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 | $34.4M | Current | No | 1.32x | 92% |
| August 2026 | $34.5M | Current | No | 1.32x | 84% |
| July 2026 | $34.5M | Current | No | 1.32x | 84% |
| June 2026 | $34.6M | Current | No | 1.32x | 84% |
| May 2026 | $34.7M | Current | No | n/a | n/a |
| April 2026 | $34.7M | Current | No | 1.11x | 92% |
| March 2026 | $34.8M | Current | No | 1.11x | 92% |
| February 2026 | $34.8M | Current | No | 1.11x | 92% |
| January 2026 | $34.9M | Current | No | 1.17x | 91% |
| December 2025 | $35.0M | Current | No | 1.17x | 91% |
| November 2025 | $35.0M | Current | No | 1.21x | 91% |
| October 2025 | $35.1M | Current | No | 1.21x | 60% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46 | 11 | $34,428,851 | Sep 2026 | SEC filing, September 30, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Liberty Square Apartments | Philadelphia, PA | Multifamily | $70.0M | 6.385% | Nov 2030 | 1.25x | n/a | Current |
| 161 Washington Street | Conshohocken, PA | Office | $54.0M | 6.302% | Sep 2030 | n/a | n/a | Current |
| Bristol Gardens | Bristol, PA | Multifamily | $46.0M | 6.25% | Jul 2030 | 1.31x | 94% | Current |
| GM Holdings Portfolio | Philadelphia, PA | Multifamily | $46.0M | 7.055% | Apr 2030 | 1.33x | 91% | With the special servicer and 90+ days delinquent |
| Axalta Navy Yard | Philadelphia, PA | Office | $36.7M | 3.632% | Feb 2030 | 3.45x | 100% | Current |
| Hilton Christiana | Newark, DE | Hotel | $35.0M | 6.845% | Dec 2030 | 1.78x | 72% | Current |
| 3701 Island Avenue | Philadelphia, PA | Hotel | $33.0M | 7.606% | Aug 2030 | n/a | n/a | Current |
| Corner 2nd | Philadelphia, PA | Mixed use | $28.8M | 6.63% | Jan 2030 | 1.34x | n/a | Current |
All loans maturing in 2030 · All Philadelphia-Camden-Wilmington 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.