Retail · Palmhurst, Texas
Palmhurst Village
Palmhurst Village is financed with a $9.0M CMBS loan at 5.595% that reaches maturity on August 6, 2028, in 21 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $9,033,001
- Original balance (same notes)
- $9,900,000
- Interest rate
- 5.595% fixed
- Originated
- July 13, 2018
- Maturity
- August 6, 2028
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Not reported
- Special servicing
- Transferred May 12, 2020, returned February 17, 2022
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 228 East Mile 3 Road, Palmhurst, TX 78573
- Rentable area
- 89,316 sq ft
- Built
- 2014
- Largest tenants
- Ross Dress for Less; Goodwill; Valley Care Clinics
- Value at securitization
- $15.9M (Jul 2018)
Performance
| At securitization | Latest (Sep 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.22x |
| Occupancy | 96% | 92% |
| Net operating income | n/a | $829K |
| Debt yield | 9.2% |
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 CD 2018-CD7 Mortgage Trust 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 fallen from 96% when the loan was securitized to 92%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.0M | Not reported | No | 1.22x | 92% |
| August 2026 | $9.0M | Not reported | No | 1.22x | 92% |
| July 2026 | $9.1M | Not reported | No | 1.22x | 92% |
| June 2026 | $9.1M | Not reported | No | 1.22x | 92% |
| May 2026 | $9.1M | Not reported | No | 1.22x | 92% |
| April 2026 | $9.1M | Not reported | No | 1.22x | 86% |
| March 2026 | $9.1M | Not reported | No | 1.22x | 86% |
| February 2026 | $9.1M | Not reported | No | 1.22x | 86% |
| January 2026 | $9.1M | Not reported | No | 1.22x | 86% |
| December 2025 | $9.2M | Not reported | No | 1.22x | 86% |
| November 2025 | $9.2M | Not reported | No | 1.22x | 86% |
| October 2025 | $9.2M | Not reported | No | 1.21x | 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.
Special-servicing history
- Transferred to the special servicer May 12, 2020, returned to the master servicer February 17, 2022.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CD 2018-CD7 Mortgage Trust | 25 | $9,033,001 | Sep 2026 | SEC filing, October 1, 2026 |
Other Texas loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Chase Bank Tower | McAllen, TX | Office | $19.3M | 5.587% | Oct 2028 | 1.63x | 84% | Current |
| Weslaco Shopping Center | Weslaco, TX | Retail | $11.7M | 5.53% | May 2028 | 1.92x | 100% | Current |
| Hilton Garden Inn McAllen Airport | McAllen, TX | Hotel | $8.8M | 7.33% | Jan 2028 | 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.