Retail · Lakewood, Colorado
Colorado Mills
14500 West Colfax Avenue, Lakewood, CO · Google Maps
Public CMBS trusts hold $80.0M of the loan on Colorado Mills at 6.844% that reaches maturity on November 1, 2036, in 10 years. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $80,000,000
- Original balance (same notes)
- $80,000,000
- Interest rate
- 6.844% fixed
- Originated
- October 21, 2026
- Maturity
- November 1, 2036
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 30, 2036
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA, German American Capital Corporation
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 14500 West Colfax Avenue, Lakewood, CO 80401
- Metro
- Denver-Aurora-Centennial, CO
- Rentable area
- 911,906 sq ft
- Built
- 2002, renovated 2017
- Largest tenants
- United Artists Theatre; Burlington; Dick's Clothing & Sporting Goods
- Value at securitization
- $225.0M (Apr 2027)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 3.05x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $19.7M | n/a |
No debt yield is shown: the notes in the trusts below add up to only part of this loan, and the rest is held outside the public trusts tracked here, so the whole balance is not in these filings.
Comparable loans: retail properties in Denver-Aurora-Centennial, CO, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-B44 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC November 3, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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
- The filing gives Dec 2032 as the lease end date for the largest tenant (United Artists Theatre), before the loan matures. Lenders look hard at that rollover.
Operating statement
| Annual | At securitization | Latest | Per sq ft |
|---|---|---|---|
| Revenue | $31.9M | n/a | |
| Operating expenses | $12.2M | n/a | |
| Net operating income | $19.7M | n/a | |
| Net cash flow | $18.7M | n/a | |
| Expense ratio | 38.1% | n/a |
From the servicer's Schedule AL report; 911,906 sq ft; renovated 2017.
Largest tenants
| Tenant | Sq ft | Share of building | Lease ends |
|---|---|---|---|
| United Artists Theatre | 82,451 | 9% | Dec 2032 |
| Burlington | 63,145 | 7% | Jan 2031 |
| Dick's Clothing & Sporting Goods | 43,659 | 5% | Jan 2028 |
Red: the lease ends before the loan matures.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-B44 Mortgage Trust | 1 | $80,000,000 | Nov 2026 | SEC filing, November 3, 2026 |
Other Denver-Aurora-Centennial loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sheraton Denver Downtown Hotel | Denver, CO | Other | $180.0M | 6.276% | Jan 2036 | 1.19x | 100% | Current |
| Pavilion Towers | Aurora, CO | Office | $13.3M | 7.143% | Aug 2036 | 1.67x | 75% | Current |
| StorQuest Self Storage - Denver | Denver, CO | Self storage | $8.6M | 5.998% | Feb 2036 | n/a | n/a | Current |
| CubeSmart Self Storage | Aurora, CO | Self storage | $7.7M | 6.645% | Aug 2036 | n/a | n/a | Not reported |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.