Retail · Las Vegas, Nevada
Ocotillo Plaza, Las Vegas
Ocotillo Plaza is financed with a $17.3M CMBS loan at 5.07% that reaches maturity on February 6, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $17,280,677
- Original balance (same notes)
- $19,750,000
- Interest rate
- 5.07% fixed
- Originated
- February 1, 2017
- Maturity
- February 6, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- April 5, 2019
- Prepayment premium ends
- October 5, 2026 (yield maintenance)
- Master servicer
- Midland Loan Services, A Divis
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2405-2505 E. Tropicana Avenue 4902-4912 S Eastern Ave, Las Vegas, NV 89121
- Metro
- Las Vegas-Henderson-North Las Vegas, NV
- Rentable area
- 114,321 sq ft
- Built
- 1976
- Largest tenants
- Chedraui USA Inc ELS #66; Auto Zone #2221; AN Holdings & Investments LLC
- Value at securitization
- $30.5M (Nov 2016)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.44x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.8M | n/a |
Watch flags
Computed from the JPMCC Commercial Mortgage Securities Trust 2017-JP5 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $17.3M | Current | No | n/a | n/a |
| August 2026 | $17.3M | Current | No | n/a | n/a |
| July 2026 | $17.3M | Current | No | n/a | n/a |
| June 2026 | $17.4M | Current | No | n/a | n/a |
| May 2026 | $17.4M | Current | No | n/a | n/a |
| April 2026 | $17.4M | Current | No | 1.25x | 79% |
| March 2026 | $17.5M | Current | No | 1.25x | 79% |
| February 2026 | $17.5M | Current | No | 1.25x | 95% |
| January 2026 | $17.5M | Current | No | 1.25x | 95% |
| December 2025 | $17.6M | Current | No | 1.26x | 78% |
| November 2025 | $17.6M | Current | No | 1.26x | 78% |
| October 2025 | $17.6M | Current | No | n/a | n/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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2017-JP5 | 19 | $17,280,677 | Sep 2026 | SEC filing, September 28, 2026 |
Other Las Vegas-Henderson-North Las Vegas loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Harmon Corner | Las Vegas, NV | Mixed use | $143.0M | 4.25% | Dec 2027 | 3.96x | 97% | Current |
| Henderson - Stephanie Pl | Henderson, NV | Self storage | $42.4M | 4.175% | Dec 2027 | n/a | n/a | Current |
| The Gramercy | Las Vegas, NV | Mixed use | $34.1M | 4.167% | May 2027 | 1.49x | 69% | Current |
| The Shops and Gym at Durango Arby Plaza | Las Vegas, NV | Retail | $21.5M | 4.40% | Sep 2027 | n/a | n/a | Current |
| Marnell Corporate Center V | Las Vegas, NV | Office | $20.6M | 5.875% | Dec 2027 | 1.54x | 89% | Current |
| Corporate Center I & III | Las Vegas, NV | Office | $17.5M | 5.77% | Nov 2027 | 1.42x | 97% | Current |
| Foothills Plaza | Henderson, NV | Retail | $14.5M | 4.716% | Dec 2027 | 1.90x | 98% | Current |
| Majestic Industrial Portfolio | Las Vegas, NV | Other | $13.4M | 5.03% | Jun 2027 | 6.06x | 100% | Current |
All loans maturing in 2027 · All Las Vegas-Henderson-North Las Vegas 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.