Retail · Blue Jay, California
Bluejay Shopping Center
Bluejay Shopping Center is financed with a $4.0M CMBS loan at 4.20% that reaches maturity on June 11, 2027, in 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,025,311
- Original balance (same notes)
- $4,350,000
- Interest rate
- 4.20% fixed
- Originated
- May 31, 2017
- Maturity
- June 11, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- March 10, 2027
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 27175 Highway 189, Blue Jay, CA 92317
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 32,611 sq ft
- Built
- 1995
- Largest tenants
- West Leasing Team; Cigar Shop; Tommy's Pet Studio
- Value at securitization
- $8.5M (Mar 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.06x | 0.65x |
| Occupancy | 96% | 38% |
| Net operating income (annualized from 3 months) | $526K | $167K |
| Debt yield | 4.2% |
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 BANK 2017-BNK6 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
On the cmbs.news watch list in every report since May 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.
What the filing shows
- Occupancy has fallen from 96% when the loan was securitized to 38%.
- Net operating income is 68% below the underwritten figure ($167K a year against $526K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.06x at securitization to 0.65x on the latest statements.
- At 0.65x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.0M | Current | No | 0.65x | 38% |
| August 2026 | $4.0M | Current | No | 0.65x | 38% |
| July 2026 | $4.0M | Current | No | 0.65x | 38% |
| June 2026 | $4.0M | Current | No | 0.65x | 38% |
| May 2026 | $4.1M | Late payment but less than 30 days delinquent | No | 0.65x | 38% |
| April 2026 | $4.1M | Current | No | 1.37x | 39% |
| March 2026 | $4.1M | Current | No | 1.37x | 39% |
| February 2026 | $4.1M | Late payment but less than 30 days delinquent | No | 1.37x | 39% |
| January 2026 | $4.1M | Current | No | 1.37x | 39% |
| December 2025 | $4.1M | Late payment but less than 30 days delinquent | No | 1.37x | 39% |
| November 2025 | $4.1M | Current | No | 1.37x | 39% |
| October 2025 | $4.1M | Late payment but less than 30 days delinquent | No | 1.33x | 95% |
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 |
|---|---|---|---|---|
| BANK 2017-BNK6 | 45 | $4,025,311 | Sep 2026 | SEC filing, September 29, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| JW Marriott Desert Springs | Palm Desert, CA | Healthcare | $128.0M | 4.995% | Jan 2027 | 6.52x | 61% | Current |
| Loma Linda | Loma Linda, CA | Office | $127.5M | 3.59% | Jul 2027 | 2.81x | 100% | Current |
| Ritz Carlton Rancho Mirage | Rancho Mirage, CA | Hotel | $58.9M | 5.095% | Feb 2027 | 9.02x | 73% | Current |
| Murrieta Plaza | Murrieta, CA | Retail | $30.9M | 4.577% | Nov 2027 | 0.88x | 57% | Current |
| DoubleTree Ontario | Ontario, CA | Hotel | $30.0M | 5.369% | May 2027 | 6.35x | 86% | Current |
| El Paseo Square | Palm Desert, CA | Retail | $22.6M | 4.37% | May 2027 | 1.65x | 70% | Current |
| One Lakeshore Center | Ontario, CA | Office | $22.5M | 4.57% | Dec 2027 | 2.11x | 91% | Current |
| Empire Tower I | Ontario, CA | Office | $21.0M | 4.99% | Feb 2027 | 2.50x | 96% | Current |
All loans maturing in 2027 · All Riverside-San Bernardino-Ontario loans
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.