Property
403 South Raymond Avenue
Address
403 South Raymond Avenue, Pasadena, CA 91105
Property type
Mixed-Use
Status reported
Borrower in bankruptcy
Previous month
No foreclosure, bankruptcy or REO reported
Reporting period ending
October 13, 2026
Loan balance
$12,850,000
Payment status
90+ days delinquent
Paid through
February 6, 2026
In special servicing since
April 10, 2026
CMBS trust
GS Mortgage Securities Trust 2021-GSA3

In its monthly loan-level report to the SEC for the period ending October 13, 2026 (Form ABS-EE, filed October 27, 2026), GS Mortgage Securities Trust 2021-GSA3 reported the loan secured by 403 South Raymond Avenue in Pasadena, CA as in bankruptcy (the servicer's workout strategy is the borrower's bankruptcy case). In the trust's previous monthly report the loan was not in foreclosure, bankruptcy or REO.

This is the loan servicer's report, not a court record: it gives no case number, and it usually trails the underlying event by a month or two. Whether a foreclosure runs through a court depends on the state. CREdocket lists the property and the trust only, never the borrower.

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From the trust's Exhibit 102 asset data file (SEC Regulation AB, Schedule AL), compared with its previous month's file. Figures are as reported by the servicer. Not legal or investment advice. Something wrong here? Tell us and we will correct it.