Mixed use · Glendale, Arizona
67th & Camelback
67th & Camelback is financed with a $20.5M CMBS loan at 6.458% that reaches maturity on October 6, 2035, in 8 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
- $20,500,000
- Original balance (same notes)
- $20,500,000
- Interest rate
- 6.458% fixed
- Originated
- October 2, 2025
- Maturity
- October 6, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2027
- Prepayment premium ends
- July 5, 2035 (yield maintenance)
- Master servicer
- Midland
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 6702, 6710, 6730 West Camelback Road 6736, 6740, 6746, 6750, 6756, 6762, Glendale, AZ 85303
- Metro
- Phoenix-Mesa-Chandler, AZ
- Rentable area
- 106,898 sq ft
- Built
- 1990
- Largest tenants
- Los Altos Ranch Market; Dollar Tree #5120; Promesas de Esperanza Child Care, L.L.C.
- Value at securitization
- $31.0M (Aug 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.46x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $2.0M | n/a |
Watch flags
Computed from the Benchmark 2026-B42 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- The filing gives Sep 2032 as the lease end date for the largest tenant (Los Altos Ranch Market), before the loan matures. Lenders look hard at that rollover.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.5M | Current | No | n/a | n/a |
| August 2026 | $20.5M | Current | No | n/a | n/a |
| July 2026 | $20.5M | Current | No | n/a | n/a |
| June 2026 | $20.5M | Current | No | n/a | n/a |
| May 2026 | $20.5M | Current | No | n/a | n/a |
| April 2026 | $20.5M | Current | No | 1.43x | 99% |
| March 2026 | $20.5M | Current | No | n/a | n/a |
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 2026-B42 Mortgage Trust | 10 | $20,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Phoenix-Mesa-Chandler loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Renaissance Phoenix Downtown | Phoenix, AZ | Hotel | $55.0M | 5.70% | Nov 2035 | 7.29x | 78% | Current |
| Foothills Park Place Shopping Center | Phoenix, AZ | Retail | $20.0M | 7.365% | Apr 2035 | 2.18x | 100% | Current |
| Mountainview Marketplace | Phoenix, AZ | Retail | $12.3M | 6.955% | Jan 2035 | 1.81x | 93% | Current |
| Glendale Plaza | Glendale, AZ | Retail | $11.1M | 7.04% | Jan 2035 | 1.23x | 100% | Current |
| Storquest - Phoenix | Phoenix, AZ | Self storage | $8.7M | 6.37% | Jun 2035 | 1.50x | 84% | Late, less than 30 days |
| Grandview Shopping Center, Glendale | Glendale, AZ | Retail | $7.3M | 6.594% | Jun 2035 | 2.29x | 100% | Current |
| Storquest - Tempe | Tempe, AZ | Self storage | $5.2M | 6.438% | Jun 2035 | 1.55x | 84% | Current |
| Black Bear Center | Glendale, AZ | Retail | $4.1M | 6.85% | Jun 2035 | 2.54x | 97% | 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.