Retail · Elk Grove, California
Elk Grove Crossing
Elk Grove Crossing is financed with a $8.3M CMBS loan at 4.69% that reaches maturity on March 1, 2029, in 2 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
- $8,300,000
- Original balance (same notes)
- $8,300,000
- Interest rate
- 4.69% fixed
- Originated
- February 28, 2019
- Maturity
- March 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 31, 2028
- Master servicer
- Trimont LLC
- Originator
- Bank of America, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 8694-8698 Elk Grove Boulevard, Elk Grove, CA 95624
- Metro
- Sacramento-Roseville-Folsom, CA
- Rentable area
- 39,031 sq ft
- Built
- 1993
- Largest tenants
- Dollar Tree; World of Good Tastes Inc; Moo Moo Tea House
- Value at securitization
- $12.5M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.12x | 2.75x |
| Occupancy | 96% | 100% |
| Net operating income (annualized from 6 months) | $836K | $1.1M |
| Debt yield | 13.2% |
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 BANK 2019-BNK18 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
- Occupancy has risen from 96% when the loan was securitized to 100%.
- Net operating income is 31% above the underwritten figure ($1.1M a year against $836K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.12x at securitization to 2.75x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.3M | Current | No | 2.75x | 100% |
| August 2026 | $8.3M | Current | No | 2.99x | 100% |
| July 2026 | $8.3M | Current | No | 2.99x | 100% |
| June 2026 | $8.3M | Current | No | 2.99x | 100% |
| May 2026 | $8.3M | Current | No | 2.67x | 100% |
| April 2026 | $8.3M | Current | No | 2.67x | 100% |
| March 2026 | $8.3M | Current | No | 2.67x | 100% |
| February 2026 | $8.3M | Current | No | 2.67x | 100% |
| January 2026 | $8.3M | Current | No | 2.61x | 100% |
| December 2025 | $8.3M | Current | No | 2.53x | 97% |
| November 2025 | $8.3M | Current | No | 2.53x | 97% |
| October 2025 | $8.3M | Current | No | 2.53x | 97% |
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 |
|---|---|---|---|---|
| BANK 2019-BNK18 | 24 | $8,300,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Sacramento-Roseville-Folsom loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sacramento Gateway | Sacramento, CA | Retail | $61.5M | 6.456% | Oct 2029 | 1.66x | 96% | Current |
| White Rock Corporate Center | Rancho Cordova, CA | Office | $45.3M | 3.35% | Aug 2029 | 4.14x | 87% | Current |
| The Citizen Hotel Sacramento | Sacramento, CA | Hotel | $34.0M | 4.11% | Aug 2029 | 2.93x | 79% | Current |
| Syngenta Woodland | Woodland, CA | Industrial | $26.4M | 6.671% | Mar 2029 | 1.86x | 100% | Current |
| Roseville Shopping Center | Roseville, CA | Retail | $22.1M | 4.75% | Jan 2029 | 2.11x | 92% | Current |
| California Center | Sacramento, CA | Office | $18.8M | 5.00% | Apr 2029 | 1.21x | 97% | Current |
| Cable Park Shopping Center | Orangevale, CA | Retail | $17.0M | 5.41% | Jan 2029 | 1.21x | 72% | Current |
| 100 Howe | Sacramento, CA | Office | $16.7M | 7.56% | Dec 2029 | 1.45x | 90% | Current |
All loans maturing in 2029 · All Sacramento-Roseville-Folsom 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.