Retail · Madera, California
Hallmark Town Center
Hallmark Town Center is financed with a $8.9M CMBS loan at 3.83% that reaches maturity on October 11, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,949,627
- Original balance (same notes)
- $10,650,000
- Interest rate
- 3.83% fixed
- Originated
- September 27, 2016
- Maturity
- October 11, 2026
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- March 10, 2019
- Prepayment premium ends
- April 10, 2026 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2310 and 2340-2390 West Cleveland Avenue, Madera, CA 93637
- Metro
- Fresno, CA
- Rentable area
- 85,066 sq ft
- Built
- 1991
- Largest tenants
- Food 4 Less; Valley Fitness Mader; J & L T-Shirt Outlet
- Value at securitization
- $14.2M (Aug 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.68x | 2.47x |
| Occupancy | 96% | 94% |
| Net operating income (annualized from 3 months) | $1.0M | $1.5M |
| Debt yield | 16.7% |
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 of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Past maturity
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
- Net operating income is 49% above the underwritten figure ($1.5M a year against $1.0M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.68x at securitization to 2.47x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.9M | Current | No | 2.47x | 94% |
| August 2026 | $9.0M | Current | No | 2.47x | 94% |
| July 2026 | $9.0M | Current | No | 1.95x | 94% |
| June 2026 | $9.0M | Current | No | 1.95x | 94% |
| May 2026 | $9.0M | Current | No | 1.98x | 94% |
| April 2026 | $9.1M | Current | No | 1.98x | 94% |
| March 2026 | $9.1M | Current | No | 1.98x | 94% |
| February 2026 | $9.1M | Current | No | 1.98x | 94% |
| January 2026 | $9.1M | Current | No | 2.28x | 94% |
| December 2025 | $9.1M | Current | No | 2.28x | 94% |
| November 2025 | $9.2M | Current | No | 2.28x | 94% |
| October 2025 | $9.2M | Current | No | 2.28x | 94% |
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 of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3 | 27 | $8,949,627 | Sep 2026 | SEC filing, September 29, 2026 |
Other Fresno loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Fresno Fashion Fair Mall | Fresno, CA | Retail | $225.0M | 3.587% | Nov 2026 | 2.16x | 96% | With the special servicer and 30-59 days delinquent |
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.