Retail · Buford, Georgia
Marketplace at Millcreek
Marketplace at Millcreek is financed with a $39.6M CMBS loan at 3.82% that reaches maturity on September 11, 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
- $39,600,000
- Original balance (same notes)
- $39,600,000
- Interest rate
- 3.82% fixed
- Originated
- August 14, 2017
- Maturity
- September 11, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 10, 2027
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1600-1700 Mall of Georgia Boulevard, Buford, GA 30515
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 401,947 sq ft
- Built
- 2003
- Largest tenants
- Burlington Coat Factory; Ross Dress for Less; Painted Tree DFW LLC
- Value at securitization
- $75.8M (Jul 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 3.08x | 3.89x |
| Occupancy | 97% | 86% |
| Net operating income | $4.7M | $6.0M |
| Debt yield | 15.1% |
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-C40 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 86%.
- Net operating income is 26% above the underwritten figure ($6.0M a year against $4.7M).
- Debt service coverage moved from 3.08x at securitization to 3.89x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $39.6M | Current | No | 3.89x | 86% |
| August 2026 | $39.6M | Current | No | 3.89x | 86% |
| July 2026 | $39.6M | Current | No | 3.89x | 86% |
| June 2026 | $39.6M | Current | No | 3.89x | 86% |
| May 2026 | $39.6M | Current | No | 3.41x | 86% |
| April 2026 | $39.6M | Current | No | 3.41x | 86% |
| March 2026 | $39.6M | Current | No | 3.41x | 86% |
| February 2026 | $39.6M | Current | No | 3.41x | 86% |
| January 2026 | $39.6M | Current | No | 3.41x | 86% |
| December 2025 | $39.6M | Current | No | 3.41x | 86% |
| November 2025 | $39.6M | Current | No | 3.41x | 86% |
| October 2025 | $39.6M | Current | No | 3.41x | 86% |
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-C40 | 3 | $39,600,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Plaza Mall Of Georgia | Buford, GA | Retail | $21.7M | 4.40% | May 2027 | 1.61x | 100% | Current |
| Conyers Plaza | Conyers, GA | Retail | $17.5M | 3.865% | Feb 2027 | 2.54x | 76% | Current |
| Doraville Plaza | Doraville, GA | Retail | $12.4M | 4.74% | Jun 2027 | 2.23x | 86% | Current |
| Chamblee Heights | Chamblee, GA | Multifamily | $9.8M | 4.83% | Apr 2027 | 2.86x | 93% | Current |
| Kumho Tires | McDonough, GA | Industrial | $9.5M | 4.75% | May 2027 | 3.40x | 100% | Current |
| 3925 Brookside Parkway | Alpharetta, GA | Office | $9.3M | 4.67% | Mar 2027 | 2.11x | 96% | Current |
| Sable Pointe Apartments | Buford, GA | Multifamily | $8.9M | 4.63% | Jun 2027 | 3.19x | 88% | Current |
| Shops at Lexington Circle | Peach Tree, GA | Retail | $8.5M | 4.28% | Sep 2027 | n/a | n/a | Current |
All loans maturing in 2027 · All Atlanta-Sandy Springs-Roswell 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.