Retail · Albuquerque, New Mexico
Atrisco Plaza Shopping Center
Public CMBS trusts hold $4.4M of the loan on Atrisco Plaza Shopping Center at 4.99% that reaches maturity on August 6, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $4,366,561
- Original balance (same notes)
- $5,000,000
- Interest rate
- 4.99% fixed
- Originated
- August 4, 2017
- Maturity
- August 6, 2027
- Payments
- Interest only for 18 months, then amortizing
- Prepayment lockout ends
- May 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Rialto Mortgage Finance, LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4104-4201 Central Avenue Nw, Albuquerque, NM 87105
- Metro
- Albuquerque, NM
- Rentable area
- 213,169 sq ft
- Built
- 1975, renovated 2008
- Largest tenants
- EL SUPER Supermarket; Ross Dress for Less; Aaron Rents
- Value at securitization
- $29.3M (Jun 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 1.21x |
| Occupancy | 89% | 86% |
| Net operating income (annualized from 3 months) | $1.8M | $1.5M |
| Debt yield | 33.5% |
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 2017-C40 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- NOI down 20% or more from securitization
- Matures 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 89% when the loan was securitized to 86%.
- Net operating income is 21% below the underwritten figure ($1.5M a year against $1.8M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.46x at securitization to 1.21x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.4M | Late payment but less than 30 days delinquent | No | 1.21x | 86% |
| August 2026 | $4.4M | Current | No | 1.21x | 86% |
| July 2026 | $4.4M | Current | No | 1.21x | 86% |
| June 2026 | $4.4M | Current | No | 1.54x | 86% |
| May 2026 | $4.4M | Current | No | 1.54x | 86% |
| April 2026 | $4.4M | Current | No | 1.54x | 86% |
| March 2026 | $4.4M | Current | No | 1.57x | 86% |
| February 2026 | $4.4M | Current | No | 1.57x | 86% |
| January 2026 | $4.4M | Current | No | 1.57x | 86% |
| December 2025 | $4.4M | Current | No | 1.56x | 85% |
| November 2025 | $4.4M | Current | No | 1.56x | 85% |
| October 2025 | $4.5M | Current | No | 1.56x | 85% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-C40 | 39 | $4,366,561 | Sep 2026 | SEC filing, September 29, 2026 |
Other Albuquerque loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Atrisco Shopping Center | Albuquerque, NM | Retail | $12.9M | 4.99% | Aug 2027 | n/a | n/a | Current |
| Rio Bravo Square | Albuquerque, NM | Retail | $5.3M | 5.16% | May 2027 | 1.47x | 70% | Current |
| Quail Plaza | Albuquerque, NM | Retail | $4.9M | 4.25% | Jun 2027 | 1.75x | 84% | 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.