Retail · Columbus, Georgia
Peachtree Mall
Public CMBS trusts hold $8.3M of the loan on Peachtree Mall at 3.944% that reached maturity on December 6, 2025, 10 months ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity and not performing.
The loan
- Balance in tracked trusts
- $8,299,842
- Original balance (same notes)
- $11,555,560
- Interest rate
- 3.944% fixed
- Originated
- July 1, 2016
- Maturity
- December 6, 2025
- Payments
- Amortizing over 25 years
- Master servicer
- Trimont LLC
- Originator
- AREF
Status
- Payment status
- Non performing matured balloon. (code 5)
- Special servicing
- Transferred November 19, 2025
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 3131 Manchester Expressway, Columbus, GA 31909
- Rentable area
- 536,202 sq ft
- Built
- 1975, renovated 1994
- Largest tenants
- Macy's; J C Penney; Shoe Department
- Value at securitization
- $140.0M (Sep 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.00x | 1.37x |
| Occupancy | 91% | 86% |
| Net operating income (annualized from 3 months) | $10.1M | $7.0M |
| Debt yield | 84.9% |
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 Wells Fargo Commercial Mortgage Trust 2017-RC1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Past maturity
- Largest tenant's lease ends within 12 months
On the cmbs.news watch list in every report since February 2026.
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 91% when the loan was securitized to 86%.
- Net operating income is 30% below the underwritten figure ($7.0M a year against $10.1M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.00x at securitization to 1.37x on the latest statements.
- The most recent valuation in the filing is $46.9M (May 25, 2026), against $140.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.3M | Non performing matured balloon | Yes | 1.37x | 86% |
| August 2026 | $8.3M | Non performing matured balloon | Yes | 1.37x | 86% |
| July 2026 | $8.3M | Non performing matured balloon | Yes | 1.48x | 89% |
| June 2026 | $8.3M | Performing matured balloon | Yes | 1.48x | 89% |
| May 2026 | $8.3M | Performing matured balloon | Yes | 1.44x | 83% |
| April 2026 | $8.5M | Non performing matured balloon | Yes | 1.44x | 83% |
| March 2026 | $8.5M | Non performing matured balloon | Yes | 1.44x | 83% |
| February 2026 | $8.5M | Non performing matured balloon | Yes | 1.44x | 83% |
| January 2026 | $19.5M | Current | No | 3.04x | 98% |
| December 2025 | $8.5M | Non performing matured balloon | Yes | 1.43x | 83% |
| November 2025 | $8.5M | Current | No | 1.43x | 83% |
| October 2025 | $8.6M | Current | No | 1.43x | 83% |
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 November 19, 2025, still there.
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-RC1 | 14 | $8,299,842 | Sep 2026 | SEC filing, September 29, 2026 |
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.