Office · Colorado
Pavilion Towers
Pavilion Towers is financed with a $13.3M CMBS loan at 7.143% that reaches maturity on August 6, 2036, in 9 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,289,636
- Original balance (same notes)
- $13,300,000
- Interest rate
- 7.143% fixed
- Originated
- July 31, 2026
- Maturity
- August 6, 2036
- Payments
- Amortizing over 28 years
- Master servicer
- Trimont LLC
- Originator
- AREF2
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2821 & 2851 South Parker Road, CO 80014
- Metro
- Denver-Aurora-Centennial, CO
- Rentable area
- 291,568 sq ft
- Largest tenants
- AMAZING CARE HOME HEALTH SERVICES, INCORPORATED. AND HAAKSMA SPEECH PATHOLOGY, LLC; DEPARTMENT OF VETERANS AFFAIRS; IQUANTIFIED MANAGEMENT SYSTEMS, LLC
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- The filing gives Oct 2027 as the lease end date for the largest tenant (AMAZING CARE HOME HEALTH SERVICES, INCORPORATED. AND HAAKSMA SPEECH PATHOLOGY, LLC), before the loan matures. Lenders look hard at that rollover.
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.3M | Current | No | n/a | n/a |
| August 2026 | $13.3M | Current | No | 1.67x | 75% |
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 |
|---|---|---|---|---|
| Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 | 21 | $13,289,636 | Sep 2026 | SEC filing, September 29, 2026 |
Other Denver-Aurora-Centennial loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sheraton Denver Downtown Hotel | Denver, CO | Other | $180.0M | 6.276% | Jan 2036 | 1.19x | 100% | Current |
| StorQuest Self Storage - Denver | Denver, CO | Self storage | $8.6M | 5.998% | Feb 2036 | n/a | n/a | Current |
| CubeSmart Self Storage | Aurora, CO | Self storage | $7.7M | 6.645% | Aug 2036 | 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.