Retail · Chula Vista, California
Castle Park Center
Castle Park Center is financed with a $8.5M CMBS loan at 4.399% that reaches maturity on December 1, 2026, in 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,500,000
- Original balance (same notes)
- $8,500,000
- Interest rate
- 4.399% fixed
- Originated
- November 18, 2016
- Maturity
- December 1, 2026
- Payments
- Interest only for the full term
- Master servicer
- Trimont LLC
- Originator
- Barclays
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1319-1343 3rd Avenue, Chula Vista, CA 91911
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Rentable area
- 85,373 sq ft
- Built
- 1968
- Largest tenants
- GTM Wholesale Liquidators Inc; Auto Zone; Ross Dress for Less
- Value at securitization
- $18.3M (Oct 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 3.16x | 4.52x |
| Occupancy | 97% | 98% |
| Net operating income (annualized from 3 months) | $1.2M | $1.7M |
| 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 2016-C37 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
- Net operating income is 43% above the underwritten figure ($1.7M a year against $1.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 3.16x at securitization to 4.52x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.5M | Current | No | 4.52x | 98% |
| August 2026 | $8.5M | Current | No | 4.52x | 98% |
| July 2026 | $8.5M | Current | No | 4.52x | 98% |
| June 2026 | $8.5M | Current | No | 4.52x | 98% |
| May 2026 | $8.5M | Current | No | 4.65x | 98% |
| April 2026 | $8.5M | Current | No | 4.78x | 98% |
| March 2026 | $8.5M | Current | No | 4.78x | 98% |
| February 2026 | $8.5M | Current | No | 4.78x | 98% |
| January 2026 | $8.5M | Current | No | 4.78x | 98% |
| December 2025 | $8.5M | Current | No | 5.03x | 98% |
| November 2025 | $8.5M | Current | No | 5.03x | 98% |
| October 2025 | $8.5M | Current | No | 5.03x | 98% |
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 2016-C37 | 31 | $8,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| National City Self Storage | National City, CA | Self storage | $6.0M | 4.536% | Dec 2026 | 3.80x | 78% | Current |
| Circle Rv Resort | EI Cajon, CA | Manufactured housing | $4.9M | 4.00% | Nov 2026 | 3.46x | 100% | Current |
| Vacationer Rv Resort | EI Cajon, CA | Manufactured housing | $3.2M | 4.00% | Nov 2026 | 3.38x | 95% | Current |
| Oak Creek Rv Resort | EI Cajon, CA | Manufactured housing | $2.8M | 4.00% | Nov 2026 | 3.27x | 98% | Current |
All loans maturing in 2026 · All San Diego-Chula Vista-Carlsbad 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.