Office · Tucson, Arizona
Orange Grove Medical Plaza
Orange Grove Medical Plaza is financed with a $4.6M CMBS loan at 4.29% that reaches maturity on October 11, 2027, in 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
- $4,613,831
- Original balance (same notes)
- $5,050,000
- Interest rate
- 4.29% fixed
- Originated
- September 26, 2017
- Maturity
- October 11, 2027
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- July 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
- 1845 West Orange Grove Road, Tucson, AZ 85704
- Metro
- Tucson, AZ
- Rentable area
- 34,489 sq ft
- Built
- 1991
- Largest tenants
- Tucson Medical Center; Simonmed Imaging Inc.; Tucson Medical Center
- Value at securitization
- $7.0M (Jul 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.85x | 2.59x |
| Occupancy | 88% | 100% |
| Net operating income (annualized from 6 months) | $555K | $783K |
| Debt yield | 17.0% |
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 BANK 2017-BNK8 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 risen from 88% when the loan was securitized to 100%.
- Net operating income is 41% above the underwritten figure ($783K a year against $555K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.85x at securitization to 2.59x on the latest statements.
- The filing gives Sep 2026 as the lease end date for the largest tenant (Tucson Medical Center), 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 | $4.6M | Current | No | 2.59x | 100% |
| August 2026 | $4.6M | Current | No | 2.59x | 100% |
| July 2026 | $4.6M | Current | No | 2.41x | 100% |
| June 2026 | $4.6M | Current | No | 2.41x | 100% |
| May 2026 | $4.6M | Current | No | 2.41x | 100% |
| April 2026 | $4.7M | Current | No | 2.47x | 100% |
| March 2026 | $4.7M | Current | No | 2.47x | 100% |
| February 2026 | $4.7M | Current | No | 2.47x | 100% |
| January 2026 | $4.7M | Current | No | 2.34x | 100% |
| December 2025 | $4.7M | Current | No | 2.24x | 100% |
| November 2025 | $4.7M | Current | No | 2.24x | 100% |
| October 2025 | $4.7M | Current | No | 2.24x | 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 |
|---|---|---|---|---|
| BANK 2017-BNK8 | 35 | $4,613,831 | Sep 2026 | SEC filing, October 1, 2026 |
Other Tucson loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Colonia Verde | Tucson, AZ | Retail | $16.4M | 4.872% | Nov 2027 | 1.27x | 98% | Current |
| Crossroads Festival Retail Center | Tucson, AZ | Retail | $15.5M | 4.43% | Jun 2027 | 1.79x | 98% | Current |
| 4400 Broadway | Tucson, AZ | Office | $8.2M | 4.52% | Oct 2027 | 1.50x | 92% | Current |
| St. Marys Plaza | Tucson, AZ | Retail | $6.5M | 4.09% | Oct 2027 | 2.41x | 98% | Current |
| Rita Ranch I | Tucson, AZ | Retail | $6.2M | 4.90% | Jun 2027 | 1.66x | 100% | Current |
| Comfort Suites Tucson | Tucson, AZ | Hotel | $3.1M | 5.487% | May 2027 | 2.94x | 71% | Current |
| Shops at Oro Vista | Oro Valley, AZ | Retail | $2.9M | 4.85% | Jul 2027 | n/a | n/a | 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.