Retail · Corona, California
Corona Hills Marketplace
Corona Hills Marketplace is financed with a $20.0M CMBS loan at 6.17% that reaches maturity on March 6, 2035, in 8 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
- $20,000,000
- Original balance (same notes)
- $20,000,000
- Interest rate
- 6.17% fixed
- Originated
- February 14, 2025
- Maturity
- March 6, 2035
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 5, 2027
- Prepayment premium ends
- December 5, 2034 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- LMF Commercial, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 529-591 North Mckinley Street, Corona, CA 92879
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 148,805 sq ft
- Built
- 1993
- Largest tenants
- VONS 2381; Petsmart; Flaming Grill Buffet
- Value at securitization
- $43.5M (Nov 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.93x | 1.65x |
| Occupancy | 95% | 87% |
| Net operating income (annualized from 3 months) | $2.4M | $2.1M |
| Debt yield | 10.3% |
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 BMO 2025-C12 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
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 95% when the loan was securitized to 87%.
- Net operating income is 15% below the underwritten figure ($2.1M a year against $2.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.93x at securitization to 1.65x on the latest statements.
- The filing gives Dec 2028 as the lease end date for the largest tenant (VONS 2381), 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 | $20.0M | Current | No | 1.65x | 87% |
| August 2026 | $20.0M | Current | No | 1.65x | 87% |
| July 2026 | $20.0M | Current | No | 1.65x | 87% |
| June 2026 | $20.0M | Current | No | 1.82x | 87% |
| May 2026 | $20.0M | Current | No | 1.82x | 87% |
| April 2026 | $20.0M | Current | No | 1.82x | 87% |
| March 2026 | $20.0M | Current | No | 1.82x | 87% |
| February 2026 | $20.0M | Current | No | 1.82x | 87% |
| January 2026 | $20.0M | Current | No | 1.82x | 87% |
| December 2025 | $20.0M | Current | No | n/a | n/a |
| November 2025 | $20.0M | Current | No | n/a | n/a |
| October 2025 | $20.0M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BMO 2025-C12 Mortgage Trust | 8 | $20,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2035
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| U-Haul Moving & Storage of Moreno Valley | Moreno Valley, CA | Self storage | $67.9M | 5.58% | Nov 2035 | n/a | n/a | Current |
| A Storage Place Riverside | Riverside, CA | Self storage | $7.5M | 5.86% | Jul 2035 | n/a | n/a | Current |
| A Storage Place La Sierra | Riverside, CA | Self storage | $5.9M | 5.895% | Jul 2035 | 4.43x | 96% | Current |
| A Storage Place Yucaipa | Yucaipa, CA | Self storage | $5.0M | 5.66% | Nov 2035 | 2.30x | 90% | Current |
| A Storage Place Redlands | Redlands, CA | Self storage | $3.8M | 5.896% | Jul 2035 | 2.73x | 87% | Current |
| A Storage Place Indio | Indio, CA | Self storage | $3.0M | 5.896% | Jul 2035 | 1.38x | 77% | Current |
| A Storage Place Barton Road | Redlands, CA | Self storage | $2.5M | 5.895% | Jul 2035 | 4.87x | 100% | Current |
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.