Retail · Las Vegas, Nevada
Apache Plaza
Apache Plaza is financed with a $6.6M CMBS loan at 4.739% that reaches maturity on April 6, 2027, in 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,628,499
- Original balance (same notes)
- $8,000,000
- Interest rate
- 4.739% fixed
- Originated
- April 5, 2017
- Maturity
- April 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- January 5, 2027
- Master servicer
- Midland
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5105-5195 South Fort Apache Road, Las Vegas, NV 89148
- Metro
- Las Vegas-Henderson-North Las Vegas, NV
- Rentable area
- 42,516 sq ft
- Built
- 2008
- Largest tenants
- Visionary Properties dba Visic; Aubergine & Company dba; Mattress Firm, Inc. (Store #05
- Value at securitization
- $12.1M (Dec 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.70x | 2.38x |
| Occupancy | 88% | 81% |
| Net operating income (annualized from 6 months) | $848K | $2.4M |
| Debt yield | 36.2% |
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 CD 2017-CD4 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Matures within 12 months
- Largest tenant's lease ends within 12 months
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
- Occupancy has fallen from 88% when the loan was securitized to 81%.
- Net operating income is 183% above the underwritten figure ($2.4M a year against $848K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.70x at securitization to 2.38x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.6M | Current | No | 2.38x | 81% |
| August 2026 | $6.6M | Current | No | n/a | n/a |
| July 2026 | $6.7M | Current | No | n/a | n/a |
| June 2026 | $6.7M | Current | No | n/a | n/a |
| May 2026 | $6.7M | Current | No | n/a | n/a |
| April 2026 | $6.7M | Current | No | 2.54x | 93% |
| March 2026 | $6.7M | Current | No | 2.54x | 93% |
| February 2026 | $6.7M | Current | No | 2.54x | 93% |
| January 2026 | $6.7M | Current | No | 2.65x | 97% |
| December 2025 | $6.8M | Current | No | 2.65x | 97% |
| November 2025 | $6.8M | Current | No | 2.65x | 97% |
| October 2025 | $6.8M | Late payment but less than 30 days delinquent | No | 2.66x | 97% |
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 |
|---|---|---|---|---|
| CD 2017-CD4 Mortgage Trust | 33 | $6,628,499 | Sep 2026 | SEC filing, September 25, 2026 |
Other Las Vegas-Henderson-North Las Vegas loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Harmon Corner | Las Vegas, NV | Mixed use | $143.0M | 4.25% | Dec 2027 | 3.96x | 97% | Current |
| Henderson - Stephanie Pl | Henderson, NV | Self storage | $42.4M | 4.175% | Dec 2027 | n/a | n/a | Current |
| The Gramercy | Las Vegas, NV | Mixed use | $34.1M | 4.167% | May 2027 | 1.49x | 69% | Current |
| The Shops and Gym at Durango Arby Plaza | Las Vegas, NV | Retail | $21.5M | 4.40% | Sep 2027 | n/a | n/a | Current |
| Marnell Corporate Center V | Las Vegas, NV | Office | $20.6M | 5.875% | Dec 2027 | 1.54x | 89% | Current |
| Corporate Center I & III | Las Vegas, NV | Office | $17.5M | 5.77% | Nov 2027 | 1.42x | 97% | Current |
| Ocotillo Plaza, Las Vegas | Las Vegas, NV | Retail | $17.3M | 5.07% | Feb 2027 | n/a | n/a | Current |
| Foothills Plaza | Henderson, NV | Retail | $14.5M | 4.716% | Dec 2027 | 1.90x | 98% | Current |
All loans maturing in 2027 · All Las Vegas-Henderson-North Las Vegas loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.