Retail · Santa Clara, California
El Camino Shopping Center
El Camino Shopping Center is financed with a $14.5M CMBS loan at 4.44% that reaches maturity on April 1, 2027, in 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,500,000
- Original balance (same notes)
- $14,500,000
- Interest rate
- 4.44% fixed
- Originated
- March 7, 2017
- Maturity
- April 1, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 31, 2026
- Master servicer
- Trimont LLC
- Originator
- Macquarie US Trading LLC d/b/a Principal Commercial Capital
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2025 El Camino Real, Santa Clara, CA 95050
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 82,892 sq ft
- Built
- 1956, renovated 2014
- Largest tenants
- Smart & Final Stores; Platinum; O'Reilly Auto Parts
- Value at securitization
- $39.5M (Jan 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.89x | 3.07x |
| Occupancy | 100% | 95% |
| Net operating income (annualized from 6 months) | $1.9M | $2.0M |
| Debt yield | 13.9% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 filing for the reporting period ending September 10, 2026, filed with the SEC September 30, 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 fallen from 100% when the loan was securitized to 95%.
- Net operating income is 7% above the underwritten figure ($2.0M a year against $1.9M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.89x at securitization to 3.07x on the latest statements.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.5M | Current | No | 3.07x | 95% |
| August 2026 | $14.5M | Late payment but less than 30 days delinquent | No | 3.27x | 95% |
| July 2026 | $14.5M | Current | No | 3.27x | 95% |
| June 2026 | $14.5M | Current | No | 3.27x | 95% |
| May 2026 | $14.5M | Current | No | 3.27x | 95% |
| April 2026 | $14.5M | Current | No | 2.81x | 95% |
| March 2026 | $14.5M | Current | No | 2.81x | 95% |
| February 2026 | $14.5M | Current | No | 2.81x | 95% |
| January 2026 | $14.5M | Current | No | 2.81x | 95% |
| November 2025 | $14.5M | Current | No | 2.75x | 100% |
| October 2025 | $14.5M | Current | No | 2.75x | 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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 | 29 | $14,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Gateway | Sunnyvale, CA | Office | $173.4M | 3.319% | Apr 2027 | 2.42x | 98% | Current |
| Moffett Place Google | Sunnyvale, CA | Office | $171.3M | 4.55% | Jan 2027 | 1.40x | 100% | Current |
| Moffett Towers II - Building 2 | Sunnyvale, CA | Office | $153.1M | 3.619% | Dec 2027 | 2.76x | 100% | Current |
| Moffett Place Building 4 | Sunnyvale, CA | Office | $88.3M | 3.637% | Aug 2027 | 2.45x | 100% | Current |
| 675 Creekside Way | Campbell, CA | Office | $83.4M | 3.69% | Mar 2027 | 2.91x | 100% | Current |
| 2851 Junction | San Jose, CA | Office | $58.1M | 4.14% | May 2027 | 1.97x | 100% | Current |
| Sprouts Farmers Market | San Jose, CA | Retail | $50.5M | 3.97% | May 2027 | 2.82x | 100% | Current |
| Torre Plaza | Cupertino, CA | Office | $45.0M | 3.861% | Jun 2027 | 2.20x | 100% | Current |
All loans maturing in 2027 · All San Jose-Sunnyvale-Santa Clara loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 10, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.