Retail · San Antonio, Texas
Grandview Shopping Center, San Antonio
Grandview Shopping Center is financed with a $14.5M CMBS loan at 4.89% that reaches maturity on September 6, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $14,464,978
- Original balance (same notes)
- $16,350,000
- Interest rate
- 4.89% fixed
- Originated
- September 7, 2017
- Maturity
- September 6, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- June 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Rialto Mortgage Finance, LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred March 20, 2024
- Workout strategy
- Full Payoff
- Defeasance
- None reported
The property
- Address
- 8005-8135 Callaghan Road, San Antonio, TX 78230
- Metro
- San Antonio-New Braunfels, TX
- Rentable area
- 103,287 sq ft
- Built
- 1978, renovated 2013
- Largest tenants
- Sprouts Farmers Market; Dollar General; Petco
- Value at securitization
- $23.0M (Jul 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.40x | 1.22x |
| Occupancy | 93% | 90% |
| Net operating income | $1.5M | $1.3M |
| Debt yield | 8.8% |
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 UBS Commercial Mortgage Trust 2017-C4 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- Matures within 12 months
- Largest tenant's lease ends within 12 months
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 93% when the loan was securitized to 90%.
- Net operating income is 13% below the underwritten figure ($1.3M a year against $1.5M).
- Debt service coverage moved from 1.40x at securitization to 1.22x on the latest statements.
- The filing gives May 2027 as the lease end date for the largest tenant (Sprouts Farmers Market), 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 | $14.5M | Late payment but less than 30 days delinquent | Yes | 1.22x | 90% |
| August 2026 | $14.5M | 60-89 days delinquent | Yes | 1.22x | 90% |
| July 2026 | $14.5M | 30-59 days delinquent | Yes | 1.22x | 90% |
| June 2026 | $14.5M | Late payment but less than 30 days delinquent | Yes | 1.22x | 90% |
| May 2026 | $14.6M | Late payment but less than 30 days delinquent | Yes | 1.24x | 90% |
| April 2026 | $14.6M | Late payment but less than 30 days delinquent | Yes | 1.24x | 90% |
| March 2026 | $14.6M | Late payment but less than 30 days delinquent | Yes | 1.24x | 90% |
| February 2026 | $14.7M | Late payment but less than 30 days delinquent | Yes | 1.24x | 90% |
| January 2026 | $14.7M | Late payment but less than 30 days delinquent | Yes | 1.28x | 92% |
| December 2025 | $14.7M | Current | Yes | 1.28x | 92% |
| November 2025 | $14.7M | Late payment but less than 30 days delinquent | Yes | 1.28x | 92% |
| October 2025 | $14.8M | Late payment but less than 30 days delinquent | Yes | 1.26x | 92% |
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.
Special-servicing history
- Transferred to the special servicer March 20, 2024, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C4 | 18 | $14,464,978 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Antonio-New Braunfels loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| San Antonio Business Park | San Antonio, TX | Industrial | $30.0M | 4.73% | Nov 2027 | n/a | n/a | Current |
| Las Palmas | San Antonio, TX | Retail | $20.4M | 4.758% | Feb 2027 | n/a | n/a | Current |
| Park Oaks Shopping Center | San Antonio, TX | Retail | $13.7M | 4.62% | May 2027 | 1.23x | 95% | Current |
| Shops at the Canyons | San Antonio, TX | Retail | $7.3M | 4.40% | Jul 2027 | 2.03x | 94% | Current |
| Boardwalk Shopping Center | San Antonio, TX | Retail | $6.5M | 4.86% | Jun 2027 | 1.84x | 98% | Current |
| American Mini Storage - Converse | Converse, TX | Self storage | $4.7M | 4.50% | Sep 2027 | 2.10x | 88% | Current |
All loans maturing in 2027 · All San Antonio-New Braunfels 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.