Retail · Albuquerque, New Mexico
Pavilions at San Mateo
Pavilions at San Mateo is financed with a $20.4M CMBS loan at 6.86% that reaches maturity on October 6, 2031, in 4 years and 11 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $20,350,000
- Original balance (same notes)
- $20,350,000
- Interest rate
- 6.86% fixed
- Originated
- September 9, 2026
- Maturity
- October 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 5, 2028
- Prepayment premium ends
- April 5, 2031 (yield maintenance)
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Workout strategy
- Other
- Defeasance
- Partly defeased
The property
- Address
- 4600-5010 Cutler Avenue, Albuquerque, NM 87110
- Metro
- Albuquerque, NM
- Rentable area
- 130,711 sq ft
- Built
- 1996
- Largest tenants
- Wal-Mart; Shoe Show; Old Navy
- Value at securitization
- $28.4M (Aug 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.40x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $2.0M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2026-5C43 filing for the reporting period ending October 13, 2026, filed with the SEC October 6, 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.
The last 1 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $20.4M | Payment not received but still in grace period or not yet due | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2026-5C43 | 15 | $20,350,000 | Oct 2026 | SEC filing, October 6, 2026 |
Other Albuquerque loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Albuquerque | Albuquerque, NM | Office | $25.7M | 3.292% | May 2031 | 2.32x | 27% | Current |
| Montgomery Plaza | Albuquerque, NM | Retail | $24.5M | 3.90% | Jul 2031 | n/a | n/a | Current |
| 528 Armor Storage | Bernalillo, NM | Self storage | $7.0M | 3.80% | May 2031 | n/a | n/a | Current |
| Armored Mini Storage | Albuquerque, NM | Self storage | $5.4M | 3.203% | Aug 2031 | 3.00x | 95% | Current |
| Estrella MHP | Albuquerque, NM | Manufactured housing | $5.0M | 4.061% | Jun 2031 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 13, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.