Retail · Egg Harbor, New Jersey
Cardiff Plaza
Cardiff Plaza is financed with a $5.6M CMBS loan at 4.80% 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
- $5,628,498
- Original balance (same notes)
- $6,750,000
- Interest rate
- 4.80% fixed
- Originated
- June 9, 2017
- Maturity
- June 11, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- August 10, 2019
- Master servicer
- Trimont LLC
- Originator
- CIIICM
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 6701 Black Horse Pike, Egg Harbor, NJ 08234
- Metro
- Atlantic City-Hammonton, NJ
- Rentable area
- 139,506 sq ft
- Built
- 1963, renovated 1994
- Largest tenants
- Goody's; Harbor Freight Tools USA Inc.; BioLife Plasma Services LP
- Value at securitization
- $10.5M (Mar 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.66x | 2.66x |
| Occupancy | 87% | 95% |
| Net operating income (annualized from 6 months) | $704K | $1.1M |
| Debt yield | 20.2% |
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 Wells Fargo Commercial Mortgage Trust 2017-C38 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- 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 risen from 87% when the loan was securitized to 95%.
- Net operating income is 62% above the underwritten figure ($1.1M a year against $704K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.66x at securitization to 2.66x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.6M | Current | No | 2.66x | 95% |
| August 2026 | $5.6M | Current | No | 2.66x | 95% |
| July 2026 | $5.7M | Current | No | 2.42x | 95% |
| June 2026 | $5.7M | Current | No | 2.42x | 95% |
| May 2026 | $5.7M | Current | No | 3.00x | 95% |
| April 2026 | $5.7M | Current | No | 3.00x | 95% |
| March 2026 | $5.7M | Current | No | 3.00x | 95% |
| February 2026 | $5.7M | Current | No | 3.00x | 95% |
| January 2026 | $5.7M | Current | No | 2.58x | 95% |
| December 2025 | $5.7M | Current | No | 2.58x | 95% |
| November 2025 | $5.8M | Current | No | 2.58x | 95% |
| October 2025 | $5.8M | Current | No | 2.49x | 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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-C38 | 46 | $5,628,498 | Sep 2026 | SEC filing, September 29, 2026 |
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.