Retail · Lubbock, Texas
Lakeridge Commons
Lakeridge Commons is financed with a $5.0M CMBS loan at 4.47% 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 current.
The loan
- Balance in tracked trusts
- $4,967,597
- Original balance (same notes)
- $5,550,000
- Interest rate
- 4.47% fixed
- Originated
- August 30, 2017
- Maturity
- September 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 27, 2020, returned November 24, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 4505 98th Street, Lubbock, TX 79424
- Metro
- Lubbock, TX
- Rentable area
- 24,805 sq ft
- Built
- 2006
- Largest tenants
- Rockbox Fitness; VENETIAN NAILS; The Luggage Center
- Value at securitization
- $8.0M (Jul 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.06x | 1.45x |
| Occupancy | 100% | 92% |
| Net operating income (annualized from 6 months) | $518K | $491K |
| Debt yield | 9.9% |
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 CD 2017-CD6 Mortgage Trust filing for the reporting period ending September 9, 2026, filed with the SEC September 25, 2026.
- Coverage down 0.25x or more from securitization
- Matures within 12 months
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 100% when the loan was securitized to 92%.
- Net operating income is 5% below the underwritten figure ($491K a year against $518K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.06x at securitization to 1.45x on the latest statements.
- The most recent valuation in the filing is $4.1M (July 8, 2020), against $8.0M at securitization.
- The filing gives Jul 2026 as the lease end date for the largest tenant (Rockbox Fitness), 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 | $5.0M | Current | No | 1.45x | 92% |
| August 2026 | $5.0M | Current | No | 1.45x | 92% |
| July 2026 | $5.0M | Current | No | 1.36x | 92% |
| June 2026 | $5.0M | Current | No | 1.36x | 92% |
| May 2026 | $5.0M | Current | No | 1.36x | 92% |
| April 2026 | $5.0M | Current | No | 1.57x | 100% |
| March 2026 | $5.0M | Current | No | 1.57x | 100% |
| February 2026 | $5.0M | Current | No | 1.57x | 100% |
| January 2026 | $5.0M | Current | No | 1.51x | 100% |
| December 2025 | $5.0M | Current | No | 1.51x | 100% |
| November 2025 | $5.1M | Current | No | 1.51x | 100% |
| October 2025 | $5.1M | Current | No | 1.44x | 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.
Special-servicing history
- Transferred to the special servicer May 27, 2020, returned to the master servicer November 24, 2020.
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 |
|---|---|---|---|---|
| CD 2017-CD6 Mortgage Trust | 48 | $4,967,597 | Sep 2026 | SEC filing, September 25, 2026 |
Other Lubbock loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Promenade at West End Phase II | Lubbock, TX | Retail | $18.8M | 4.726% | Oct 2027 | 1.11x | 82% | Current |
| Boston Creek Apartments | Lubbock, TX | Multifamily | $16.3M | 4.983% | Jan 2027 | 0.78x | 89% | With the special servicer and 90+ days delinquent |
| Northtown Plaza | Lubbock, TX | Retail | $6.0M | 4.609% | Dec 2027 | 1.72x | 100% | Current |
| West Wind Shopping Center | Lubbock, TX | Retail | $4.3M | 4.76% | Feb 2027 | 3.61x | 97% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.