Retail · Sandy, Utah
Commons at Southtowne IV
Commons at Southtowne IV is financed with a $4.3M CMBS loan at 4.12% that reaches maturity on March 6, 2030, in 3 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,348,334
- Original balance (same notes)
- $4,950,000
- Interest rate
- 4.12% fixed
- Originated
- February 13, 2020
- Maturity
- March 6, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- December 5, 2029
- Master servicer
- Trimont LLC
- Originator
- LMF Commercial, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10329, 10355 and 10373 South State Street, Sandy, UT 84070
- Metro
- Salt Lake City-Murray, UT
- Rentable area
- 60,677 sq ft
- Built
- 1994
- Largest tenants
- Petsmart; PGA Tour Inc.; Pei Wei Asian Diner
- Value at securitization
- $9.6M (Feb 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.49x | 2.80x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $717K | $811K |
| Debt yield | 18.6% |
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 2020-C57 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Net operating income is 13% above the underwritten figure ($811K a year against $717K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.49x at securitization to 2.80x on the latest statements.
- The filing gives Feb 2030 as the lease end date for the largest tenant (Petsmart), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.3M | Current | No | 2.80x | 100% |
| August 2026 | $4.4M | Current | No | 2.90x | 100% |
| July 2026 | $4.4M | Current | No | 2.90x | 100% |
| June 2026 | $4.4M | Current | No | 2.90x | 100% |
| May 2026 | $4.4M | Current | No | 2.83x | 100% |
| April 2026 | $4.4M | Current | No | 2.83x | 100% |
| March 2026 | $4.4M | Current | No | 2.56x | 100% |
| February 2026 | $4.4M | Current | No | 2.56x | 100% |
| January 2026 | $4.4M | Current | No | 2.56x | 100% |
| December 2025 | $4.4M | Current | No | 2.56x | 100% |
| November 2025 | $4.4M | Current | No | 2.56x | 100% |
| October 2025 | $4.4M | Current | No | 2.53x | 100% |
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 2020-C57 | 32 | $4,348,334 | Sep 2026 | SEC filing, September 29, 2026 |
Other Salt Lake City-Murray loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mountain View Village | Riverton, UT | Retail | $38.7M | 3.377% | Dec 2030 | 6.12x | 100% | Current |
| Hilton Garden Inn Salt Lake City Airport | Salt Lake City, UT | Hotel | $21.6M | 3.69% | Mar 2030 | 2.50x | 82% | Current |
| Salt Flats Apartments | Salt Lake City, UT | Multifamily | $12.6M | 4.24% | Feb 2030 | n/a | n/a | Late, less than 30 days |
| Martin Door Industrial | South Salt Lake, UT | Industrial | $10.7M | 4.92% | Aug 2030 | 1.61x | 100% | Current |
| Oakwood Village | Murray, UT | Retail | $6.7M | 3.73% | Dec 2030 | 2.83x | 99% | Current |
| Sandy City Self Storage - Sandy, Ut | Sandy, UT | Self storage | $6.3M | 4.312% | Oct 2030 | 2.61x | 97% | Current |
| Central Salt Lake Multifamily Portfolio | Salt Lake City, UT | Multifamily | $5.6M | 6.44% | Jun 2030 | n/a | n/a | Current |
| Corner Plaza | Millcreek, UT | Retail | $2.6M | 3.68% | Mar 2030 | 3.90x | 100% | Current |
All loans maturing in 2030 · All Salt Lake City-Murray 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.