Hotel portfolio, 3 properties · Bakersfield, California
WoodSpring Suites Bakersfield, CA
This portfolio is financed with a $19.1M CMBS loan at 4.225% that reaches maturity on October 6, 2031, in 4 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $19,105,715
- Original balance (same notes)
- $20,500,000
- Interest rate
- 4.225% fixed
- Originated
- October 4, 2021
- Maturity
- October 6, 2031
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- December 5, 2023
- Prepayment premium ends
- April 5, 2031 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 8311 East Brundage Lane, Bakersfield, CA 93307
- Metro
- Bakersfield-Delano, CA
- Value at securitization
- $31.6M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $3.2M | $782K |
| Debt yield | 4.1% |
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 2021-B30 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- NOI down 20% 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 75% below the underwritten figure ($782K a year against $3.2M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| WoodSpring Suites Bakersfield, CA | Bakersfield, CA | Lodging | 90% | 1.48x |
| WoodSpring Suites Arnold, MO | Arnold, MO | Lodging | n/a | n/a |
| WoodSpring Suites - St. Charles, MO | Saint Charles, MO | Lodging | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $19.1M | Current | No | 1.48x | 90% |
| August 2026 | $19.1M | Current | No | n/a | n/a |
| July 2026 | $19.2M | Current | No | n/a | n/a |
| June 2026 | $19.2M | Current | No | n/a | n/a |
| May 2026 | $19.2M | Current | No | n/a | n/a |
| April 2026 | $19.3M | Current | No | 1.56x | 90% |
| March 2026 | $19.3M | Current | No | 1.56x | 90% |
| February 2026 | $19.3M | Current | No | 1.56x | 90% |
| January 2026 | $19.4M | Current | No | 1.65x | 90% |
| December 2025 | $19.4M | Current | No | 1.65x | 90% |
| November 2025 | $19.4M | Current | No | 1.77x | 90% |
| October 2025 | $19.5M | Current | No | 1.77x | 91% |
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 2021-B30 Mortgage Trust | 14 | $19,105,715 | Sep 2026 | SEC filing, October 1, 2026 |
Other Bakersfield-Delano loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 100 East California Avenue | Bakersfield, CA | Office | $28.0M | 3.04% | Jun 2031 | 3.08x | 100% | Current |
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.