Manufactured housing · Corpus Christi, Texas
Leopard Mobile Home Park
Leopard Mobile Home Park is financed with a $2.1M CMBS loan at 5.53% that reaches maturity on March 11, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,120,356
- Original balance (same notes)
- $2,445,000
- Interest rate
- 5.53% fixed
- Originated
- February 13, 2017
- Maturity
- March 11, 2027
- Payments
- Interest only for 12 months, then amortizing
- Master servicer
- Trimont LLC
- Originator
- CIIICM
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 8225 Leopard Street, Corpus Christi, TX 78409
- Metro
- Corpus Christi, TX
- Units, rooms or beds
- 184
- Built
- 1969, renovated 2015
- Value at securitization
- $3.9M (Dec 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 2.73x |
| Occupancy | 97% | 79% |
| Net operating income (annualized from 6 months) | $239K | $461K |
| Debt yield | 21.7% |
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 Wells Fargo Commercial Mortgage Trust 2017-RC1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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 97% when the loan was securitized to 79%.
- Net operating income is 93% above the underwritten figure ($461K a year against $239K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.43x at securitization to 2.73x on the latest statements.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.1M | Current | No | 2.73x | 79% |
| August 2026 | $2.1M | Current | No | 2.84x | 80% |
| July 2026 | $2.1M | Current | No | 2.84x | 80% |
| June 2026 | $2.1M | Current | No | 2.84x | 80% |
| May 2026 | $2.1M | Current | No | 2.88x | 84% |
| April 2026 | $2.1M | Current | No | 2.50x | 87% |
| March 2026 | $2.1M | Current | No | 2.50x | 87% |
| February 2026 | $2.1M | Current | No | 2.50x | 87% |
| December 2025 | $2.2M | Current | No | 2.50x | 87% |
| November 2025 | $2.2M | Current | No | 2.50x | 87% |
| October 2025 | $2.2M | Current | No | 2.61x | 82% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-RC1 | 52 | $2,120,356 | Sep 2026 | SEC filing, September 29, 2026 |
Other Corpus Christi loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Crosswinds Apartments | Corpus Christi, TX | Multifamily | $10.1M | 4.35% | Nov 2027 | 1.90x | 94% | Current |
| South Coast Plaza | Corpus Christi, TX | Retail | $9.4M | 4.882% | Dec 2027 | 0.94x | 81% | Current |
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.