Retail · Show Low, Arizona
Park Pineway Plaza
Park Pineway Plaza is financed with a $4.2M CMBS loan at 5.42% that reaches maturity on March 6, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,237,329
- Original balance (same notes)
- $4,900,000
- Interest rate
- 5.42% fixed
- Originated
- March 7, 2017
- Maturity
- March 6, 2027
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ends
- December 5, 2026
- Master servicer
- Trimont LLC
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4421 South White Mountain Road, Show Low, AZ 85901
- Rentable area
- 85,851 sq ft
- Built
- 1989
- Largest tenants
- Sportsman's Warehouse; Harbor Freight Tools USA Inc.; Aaron Rents
- Value at securitization
- $7.7M (Feb 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.64x | 1.18x |
| Occupancy | 100% | 60% |
| Net operating income (annualized from 6 months) | $543K | $392K |
| Debt yield | 9.3% |
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 CFCRE 2017-C8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% 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 100% when the loan was securitized to 60%.
- Net operating income is 28% below the underwritten figure ($392K a year against $543K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.64x at securitization to 1.18x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.2M | Current | No | 1.18x | 60% |
| August 2026 | $4.2M | Current | No | 1.14x | 60% |
| July 2026 | $4.3M | Current | No | 1.14x | 60% |
| June 2026 | $4.3M | Current | No | 1.14x | 60% |
| May 2026 | $4.3M | Current | No | 1.38x | 60% |
| April 2026 | $4.3M | Current | No | 1.38x | 60% |
| March 2026 | $4.3M | Current | No | 1.38x | 60% |
| February 2026 | $4.3M | Current | No | 1.35x | 94% |
| January 2026 | $4.3M | Current | No | 1.35x | 94% |
| December 2025 | $4.3M | Current | No | 1.35x | 94% |
| November 2025 | $4.3M | Current | No | 1.49x | 60% |
| October 2025 | $4.3M | Current | No | 1.49x | 60% |
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 |
|---|---|---|---|---|
| CFCRE 2017-C8 Mortgage Trust | 38 | $4,237,329 | Sep 2026 | SEC filing, September 30, 2026 |
Other Arizona loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Northern Trust Office | Tempe, AZ | Office | $40.4M | 3.56% | Oct 2027 | 2.59x | 100% | Current |
| Gateway Crossing | Avondale, AZ | Retail | $30.7M | 4.73% | Mar 2027 | 1.19x | 99% | Current |
| Spectrum Town Center | Gilbert, AZ | Retail | $28.1M | 4.387% | Nov 2027 | 1.98x | 98% | Current |
| Metro Towne Center | Phoenix, AZ | Retail | $18.4M | 4.12% | Sep 2027 | 2.42x | 93% | Current |
| 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 |
| Heritage Marketplace | Gilbert, AZ | Retail | $14.5M | 4.659% | Nov 2027 | 1.48x | 94% | Current |
| Thunderbird Beltway | Peoria, AZ | Retail | $11.2M | 4.59% | May 2027 | 1.93x | 95% | 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.