Retail · Philadelphia, Pennsylvania

Knights Road Shopping Center

Knights Road Shopping Center is financed with a $11.0M CMBS loan at 4.962% that reaches maturity on April 6, 2027, in 5 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
$10,955,642
Original balance (same notes)
$12,500,000
Interest rate
4.962% fixed
Originated
April 6, 2017
Maturity
April 6, 2027
Payments
Interest only for 24 months, then amortizing
Prepayment lockout ended
July 5, 2019
Master servicer
Midland Loan Services
Originator
SMC

Status

Payment status
Current (code 0)
Special servicing
Transferred May 31, 2023
Workout strategy
Foreclosure
Defeasance
None reported

The property

Address
4000 Woodhaven Road, Philadelphia, PA 19154
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Rentable area
46,406 sq ft
Built
1961, renovated 2010
Largest tenants
Grocery Outlet Inc.; EMPIRE BEAUTY (EEG INC); United States of America
Value at securitization
$18.9M (Jan 2017)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest
DSCR (NOI)1.74xn/a
Occupancy91%n/a
Net operating income$1.4Mn/a

Watch flags

Computed from the JPMCC Commercial Mortgage Securities Trust 2017-JP6 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.

  • With the special servicer
  • Matures 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.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$11.0MCurrentYesn/an/a
August 2026$11.0MCurrentYesn/an/a
July 2026$11.0MCurrentYesn/an/a
June 2026$11.0MCurrentYesn/an/a
May 2026$11.0MCurrentYesn/an/a
April 2026$11.1MLate payment but less than 30 days delinquentYes1.86x98%
March 2026$11.1MCurrentYes1.86x98%
February 2026$11.1MCurrentYes1.86x98%
January 2026$11.1MCurrentYes1.93xn/a
December 2025$11.2M30-59 days delinquentYes1.93xn/a
November 2025$11.2MLate payment but less than 30 days delinquentYes1.93xn/a
October 2025$11.2MCurrentYes1.76xn/a

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 May 31, 2023, 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.

TrustLoan no.BalanceReport periodSource
JPMCC Commercial Mortgage Securities Trust 2017-JP623$10,955,642Sep 2026SEC filing, September 28, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Philadelphia-Camden-Wilmington loans due in 2027

Property Location Type Balance Rate Matures DSCR Occ. Status
Apex Fort Washington Fort Washington, PA Office $48.0M 5.28% Mar 2027 1.12x 66% Current
Riverview Landing Eagleville, PA Multifamily $44.0M 4.944% Nov 2027 1.32x 93% Current
Rodin Place Philadelphia, PA Mixed use $41.6M 4.35% Aug 2027 1.55x 76% Current
Great Valley Commerce Center Malvern, PA Office $40.9M 4.48% Aug 2027 1.91x 86% Current
Overlook at King of Prussia King of Prussia, PA Retail $40.8M 3.82% Sep 2027 2.17x 100% Current
Kirkwood Plaza Wilmington, DE Retail $32.5M 4.59% Nov 2027 2.06x 79% Current
Bakers Centre Philadelphia, PA Retail $32.0M 3.942% Nov 2027 3.06x 100% Current
Valley Creek Corporate Center Exton, PA Office $31.6M 4.30% Jun 2027 1.18x 49% With the special servicer

All loans maturing in 2027 · All Philadelphia-Camden-Wilmington 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.