Mixed use · Park City, Utah
Newpark Town Center
Newpark Town Center is financed with a $21.4M CMBS loan at 3.17% that reaches maturity on October 1, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $21,355,554
- Original balance (same notes)
- $21,750,000
- Interest rate
- 3.17% fixed
- Originated
- September 30, 2020
- Maturity
- October 1, 2030
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- June 30, 2030
- Master servicer
- Midland Loan Services
- Originator
- Bank of America, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1153-1154 Center Drive, Park City, UT 84098
- Rentable area
- 122,784 sq ft
- Built
- 2008
- Largest tenants
- Best Buy; Kiln Park City; Event Network
- Value at securitization
- $39.9M (Jun 2021)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.33x | n/a |
| Occupancy | 87% | n/a |
| Net operating income (annualized from 3 months) | $2.6M | $1.9M |
| Debt yield | 8.7% |
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 BBCMS Mortgage Trust 2020-C8 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- NOI down 20% or more from securitization
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 29% below the underwritten figure ($1.9M a year against $2.6M; the latest statement covers 3 months, annualized).
- The filing gives Mar 2025 as the lease end date for the largest tenant (Best Buy), 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 | $21.4M | Current | No | n/a | n/a |
| August 2026 | $21.4M | Current | No | n/a | n/a |
| July 2026 | $21.4M | Current | No | n/a | n/a |
| June 2026 | $21.5M | Current | No | n/a | n/a |
| May 2026 | $21.5M | Current | No | n/a | n/a |
| April 2026 | $21.5M | Current | No | 4.03x | 100% |
| March 2026 | $21.6M | Current | No | 4.03x | 100% |
| February 2026 | $21.6M | Current | No | 4.03x | 100% |
| January 2026 | $21.6M | Current | No | 4.03x | 100% |
| December 2025 | $21.7M | Current | No | 4.74x | 100% |
| November 2025 | $21.7M | Current | No | 4.74x | 100% |
| October 2025 | $21.8M | Current | No | 4.74x | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2020-C8 | 9 | $21,355,554 | Sep 2026 | SEC filing, September 29, 2026 |
Other Utah loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Station Park & Station Park West | Farmington, UT | Mixed use | $118.7M | 3.377% | Dec 2030 | 5.53x | 96% | Current |
| Mountain View Village | Riverton, UT | Retail | $38.7M | 3.377% | Dec 2030 | 6.12x | 100% | Current |
| Hilton Garden Inn Salt Lake City Airport | Salt Lake City, UT | Hotel | $21.6M | 3.69% | Mar 2030 | 2.50x | 82% | Current |
| Podium Lehi | Lehi, UT | Office | $20.0M | 7.665% | Mar 2030 | 2.01x | 100% | Current |
| Salt Flats Apartments | Salt Lake City, UT | Multifamily | $12.6M | 4.24% | Feb 2030 | n/a | n/a | Late, less than 30 days |
| Martin Door Industrial | South Salt Lake, UT | Industrial | $10.7M | 4.92% | Aug 2030 | 1.61x | 100% | Current |
| The Annie | Cedar City, UT | Multifamily | $8.5M | 6.575% | Jul 2030 | n/a | n/a | Delinquent |
| Comfort Suites - Moab, Ut | Moab, UT | Hotel | $8.5M | 4.18% | Jan 2030 | 1.65x | 69% | 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.