Debt outstanding
$596M
Bellagio Hotel and Casino
3600 South Las Vegas Boulevard · Las Vegas, NV 89109
Every loan the CMBS tape reports against this building, as each trust filed it. A
building is the grain here, not the loan: this one is collateral in
12 separate trusts,
and the slices below are the pieces of its debt, not four different buildings.
Loan slices
12
Trusts
12
Type
Hospitality
Units
3,772
Year built
1997 · renovated 2019
What this page does not have
No tenant is named in the asset-level filings for this property.
Where the filings differ
Each trust describes the building in its own filing, and these are the fields on
which they do not match. Both spellings are printed with the trust that filed each. Often both
are true — a building sits in one municipality and takes its mail in another — and
where one is simply a misspelling, we do not have a basis to say which.
Units
3,933 — BANK 2020-BNK25; BANK 2020-BNK27; BANK 2020-BNK26; Morgan Stanley Capital I Trust 2020-HR8
3,772 — Morgan Stanley Capital I Trust 2020-L4; Benchmark 2020-B16 Mortgage Trust; GS Mortgage Securities Trust 2020-GC45; Benchmark 2020-IG1 Mortgage Trust; BBCMS Mortgage Trust 2020-C6; Benchmark 2020-B17 Mortgage Trust; Benchmark 2020-B18 Mortgage Trust; CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46
The debt, slice by slice
| Trust | Balance | Rate | Matures | DSCR | NOI | Occupancy | Originator | Servicer | Special servicing |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2020-BNK25 · asset 3 | $100M | 3.17% fixed | 2029-12-05 | 6.46 | $749M | 97% | Morgan Stanley Bank, N.A. | KeyBank Real Estate Capital | No |
| Morgan Stanley Capital I Trust 2020-L4 · asset 1 | $65M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | Morgan Stanley Bank, N.A. | KeyBank Real Estate Capital | No |
| BANK 2020-BNK27 · asset 1 | $61M | 3.17% fixed | 2029-12-05 | 6.46 | $749M | 97% | Morgan Stanley Bank, N.A. | KeyBank Real Estate Capital | No |
| Benchmark 2020-B16 Mortgage Trust · asset 2 | $60M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | KeyBank Real Estate Capital | No |
| GS Mortgage Securities Trust 2020-GC45 · asset 4 | $60M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | Midland Loan Services | No |
| Benchmark 2020-IG1 Mortgage Trust · asset 3 | $55M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | Midland Loan Services | No |
| BBCMS Mortgage Trust 2020-C6 · asset 7 | $44M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | KeyBank Real Estate Capital | No |
| Benchmark 2020-B17 Mortgage Trust · asset 8 | $40M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | Midland Loan Services | No |
| BANK 2020-BNK26 · asset 9 | $35M | 3.17% fixed | 2029-12-05 | 6.46 | $749M | 97% | Morgan Stanley Bank, N.A. | KeyBank Real Estate Capital | No |
| Morgan Stanley Capital I Trust 2020-HR8 · asset 6 | $35M | 3.17% fixed | 2029-12-05 | 6.46 | $749M | 97% | Morgan Stanley Bank, N.A. | KeyBank Real Estate Capital | No |
| Benchmark 2020-B18 Mortgage Trust · asset 16 | $21M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | KeyBank Real Estate Capital | No |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46 · asset 20 | $20M | 3.17% fixed | 2029-12-05 | 6.26 | $728M | 97% | JPMorgan Chase Bank, N.A. | KeyBank Real Estate Capital | No |
Named tenants
No tenant is named in the asset-level filings for this property.
- Built from SEC Regulation AB II asset-level filings (Form ABS-EE, Item 1(a) exhibits) as filed by each trust’s depositor. Latest filing on this building: 2026-09-23.
- Rebuilt nightly. A slice that left its pool is excluded by the tape’s own latest-filing cut, so this page shows live debt only.
- “Bellagio Hotel and Casino” is the name used in the offering document (Form 424B2); it is shown only where the filing’s own state matches this building’s.
- Figures are as each trust filed them and are not restated, reconciled or scored here.
See the whole picture, not just the pulse.
Metro Pulse is the free, public read. The Verstavo platform goes loan‑by‑loan — stress
scores, maturity walls, special‑servicing transfers, bank CRE, and your own portfolio benchmarked
against the market.