Retail · Kissimmee, Florida
Grand Oaks Plaza
Grand Oaks Plaza is financed with a $4.4M CMBS loan at 3.966% that reaches maturity on February 11, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,366,948
- Original balance (same notes)
- $5,000,000
- Interest rate
- 3.966% fixed
- Originated
- January 23, 2020
- Maturity
- February 11, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- August 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5737 West Irlo Bronson Memorial Highway, Kissimmee, FL 34746
- Metro
- Orlando-Kissimmee-Sanford, FL
- Rentable area
- 41,801 sq ft
- Built
- 1992, renovated 2019
- Largest tenants
- Dollar Tree; Hokkaido Restaurant; Mr. & Mrs. Crab Inc.
- Value at securitization
- $8.5M (Jan 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.84x | 2.51x |
| Occupancy | 88% | 100% |
| Net operating income (annualized from 6 months) | $525K | $721K |
| Debt yield | 16.5% |
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 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 88% when the loan was securitized to 100%.
- Net operating income is 37% above the underwritten figure ($721K a year against $525K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.84x at securitization to 2.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.4M | Current | No | 2.51x | 100% |
| August 2026 | $4.4M | Current | No | 2.51x | 100% |
| July 2026 | $4.4M | Current | No | 2.35x | 100% |
| June 2026 | $4.4M | Current | No | 2.35x | 100% |
| May 2026 | $4.4M | Current | No | 2.35x | 100% |
| April 2026 | $4.4M | Current | No | 2.66x | 100% |
| March 2026 | $4.4M | Current | No | 2.66x | 100% |
| February 2026 | $1.0M | Current | No | n/a | n/a |
| January 2026 | $4.4M | Current | No | 2.66x | 100% |
| December 2025 | $4.4M | Current | No | 2.66x | 100% |
| November 2025 | $4.5M | Current | No | 2.66x | 100% |
| October 2025 | $4.5M | Current | No | 2.76x | 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 |
|---|---|---|---|---|
| BANK 2020-BNK26 | 55 | $4,366,948 | Sep 2026 | SEC filing, October 1, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Poinciana Lakes Plaza | Poinciana, FL | Retail | $48.2M | 6.665% | Jun 2030 | 1.29x | 97% | Current |
| Celebration Town Center | Kissimmee, FL | Mixed use | $33.0M | 6.681% | May 2030 | 1.54x | 98% | Current |
| Park at Venosa | Orlando, FL | Multifamily | $21.0M | 5.919% | Oct 2030 | n/a | n/a | Current |
| Hampton Inn & Suites Altamonte Springs | Altamonte Springs, FL | Hotel | $12.8M | 7.789% | Jun 2030 | n/a | n/a | Current |
| The Gables | Kissimmee, FL | Multifamily | $11.7M | 5.00% | Dec 2030 | 1.10x | 89% | Current |
| Hampton Inn & Suites By Hilton Orlando | Orlando, FL | Hotel | $8.4M | 6.90% | Jul 2030 | 1.86x | 80% | Current |
| Fairfield Inn Clermont | Clermont, FL | Hotel | $8.0M | 7.633% | Mar 2030 | 1.72x | 72% | Current |
All loans maturing in 2030 · All Orlando-Kissimmee-Sanford 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.