Retail portfolio, 8 properties · Multiple locations
Allerand Portfolio 1
This portfolio is financed with a $4.3M CMBS loan at 4.37% that reaches maturity on December 6, 2030, in 4 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 60-89 days delinquent.
The loan
- Balance in tracked trusts
- $4,260,789
- Original balance (same notes)
- $11,110,000
- Interest rate
- 4.37% fixed
- Originated
- December 2, 2020
- Maturity
- December 6, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- December 5, 2022
- Master servicer
- Trimont LLC
- Originator
- LMF Commercial, LLC
Status
- Payment status
- 60-89 days delinquent (code 2)
- Special servicing
- Transferred March 21, 2025
- Workout strategy
- Other
- Defeasance
- Partly defeased
The property
- Value at securitization
- $18.5M
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 1.88x | 1.88x |
| Occupancy | 100% | 100% |
| Net operating income | $1.3M | $1.3M |
| Debt yield | 29.4% |
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 WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.3M | 60-89 days delinquent | Yes | 1.88x | 100% |
| August 2026 | $4.3M | 90+ days delinquent | Yes | 1.88x | 100% |
| July 2026 | $4.3M | 60-89 days delinquent | Yes | 1.88x | 100% |
| June 2026 | $4.3M | 30-59 days delinquent | Yes | 1.88x | 100% |
| May 2026 | $4.3M | Late payment but less than 30 days delinquent | Yes | 1.88x | 100% |
| April 2026 | $4.3M | Current | Yes | 1.88x | 100% |
| March 2026 | $10.3M | 90+ days delinquent | Yes | 1.88x | 100% |
| February 2026 | $10.3M | 90+ days delinquent | Yes | 1.88x | 100% |
| January 2026 | $10.3M | 90+ days delinquent | Yes | 1.88x | 100% |
| December 2025 | $10.3M | 90+ days delinquent | Yes | 1.88x | 100% |
| November 2025 | $10.3M | 90+ days delinquent | Yes | 1.88x | 100% |
| October 2025 | $10.3M | 90+ days delinquent | Yes | 1.88x | 100% |
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.
Special-servicing history
- Transferred to the special servicer March 21, 2025, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59 | 24 | $4,260,789 | Sep 2026 | SEC filing, September 29, 2026 |
Other retail loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kings Plaza | Brooklyn, NY | Retail | $487.0M | 3.359% | Jan 2030 | 2.38x | 91% | Current |
| Miami Design District | Miami, FL | Retail | $400.0M | 4.133% | Mar 2030 | 4.43x | 94% | Current |
| Southcenter Mall | Seattle, WA | Retail | $218.0M | 2.88% | Jan 2030 | 6.91x | 91% | Current |
| Mall at Bay Plaza | The Bronx, NY | Retail | $170.0M | 6.715% | Nov 2030 | n/a | n/a | Current |
| 1535 Broadway | New York, NY | Retail | $150.0M | 6.332% | May 2030 | 1.49x | 100% | Current |
| Springfield Town Center | Springfield, VA | Retail | $150.0M | 7.115% | Jul 2030 | 1.56x | 96% | Current |
| The Westchester | White Plains, NY | Retail | $150.0M | 3.25% | Feb 2030 | 2.41x | 93% | Current |
| Pinnacle Hills Promenade | Rogers, AR | Retail | $130.0M | 7.14% | Jan 2030 | 1.80x | 96% | 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.