Multifamily · Dallas, Texas
Fisher Trails
Fisher Trails is financed with a $7.9M CMBS loan at 3.68% that reaches maturity on April 6, 2030, in 3 years and 5 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $7,900,000
- Original balance (same notes)
- $7,900,000
- Interest rate
- 3.68% fixed
- Originated
- March 9, 2020
- Maturity
- April 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 5, 2030
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 6418 Fisher Road, Dallas, TX 75214
- Metro
- Dallas-Fort Worth-Arlington, TX
- Units, rooms or beds
- 66
- Built
- 1972, renovated 2018
- Value at securitization
- $12.2M (Feb 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.22x | 1.35x |
| Occupancy | 97% | 88% |
| Net operating income (annualized from 6 months) | $655K | $400K |
| Debt yield | 5.1% |
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 GS Mortgage Securities Trust 2020-GC47 filing for the reporting period ending October 8, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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 97% when the loan was securitized to 88%.
- Net operating income is 39% below the underwritten figure ($400K a year against $655K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.22x at securitization to 1.35x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $7.9M | Current | No | 1.35x | 88% |
| September 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 1.35x | 88% |
| August 2026 | $7.9M | Current | No | 1.35x | 88% |
| July 2026 | $7.9M | Current | No | 1.42x | 91% |
| June 2026 | $7.9M | Current | No | 1.42x | 91% |
| May 2026 | $7.9M | Current | No | 1.52x | 91% |
| April 2026 | $7.9M | Current | No | 1.52x | 91% |
| March 2026 | $7.9M | Current | No | 1.52x | 91% |
| February 2026 | $7.9M | Current | No | 1.52x | 91% |
| January 2026 | $7.9M | Current | No | 1.50x | 74% |
| December 2025 | $7.9M | Current | No | 1.50x | 74% |
| November 2025 | $7.9M | Current | No | 1.50x | 74% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2020-GC47 | 24 | $7,900,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kpmg Plaza at Hall Arts | Dallas, TX | Office | $111.7M | 3.41% | Jan 2030 | 2.87x | 99% | Current |
| USAA Plano | Plano, TX | Office | $63.6M | 3.624% | Sep 2030 | 1.57x | 100% | Current |
| 6500 South | Dallas, TX | Multifamily | $50.0M | 6.52% | Apr 2030 | 1.39x | 90% | Current |
| Turtle Creek Village Retail | Dallas, TX | Retail | $48.6M | 6.87% | Jun 2030 | n/a | n/a | Current |
| Turtle Creek Village | Dallas, TX | Other | $35.4M | 6.87% | Jun 2030 | 2.94x | 92% | Current |
| Avalon 8801 | Irving, TX | Multifamily | $32.0M | 6.601% | Apr 2030 | 1.34x | 98% | Current |
| Tower at Frisco Square | Frisco, TX | Office | $31.6M | 3.62% | Dec 2030 | 2.00x | 87% | Current |
| Synergy Park | Richardson, TX | Mixed use | $29.2M | 6.28% | Feb 2030 | 3.21x | 100% | Current |
All loans maturing in 2030 · All Dallas-Fort Worth-Arlington loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.