Mixed use · Colorado Springs, Colorado
Pine Creek - Colorado Springs
Pine Creek - Colorado Springs is financed with a $8.8M CMBS loan at 5.207% that reaches maturity on January 1, 2027, in 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,831,234
- Original balance (same notes)
- $9,862,500
- Interest rate
- 5.207% fixed
- Originated
- December 20, 2016
- Maturity
- January 1, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- August 31, 2026
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 9475 Briar Village Point, Colorado Springs, CO 80920
- Metro
- Colorado Springs, CO
- Rentable area
- 82,800 sq ft
- Built
- 2001
- Largest tenants
- Beginning Birth Center LLC; BACK EAST BAR & GRILL; MB2 Dental Solutions LLC
- Value at securitization
- $13.2M (Nov 2016)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.69x | 2.10x |
| Occupancy | 86% | 74% |
| Net operating income | $1.1M | $1.4M |
| Debt yield | 15.5% |
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 Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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 86% when the loan was securitized to 74%.
- Net operating income is 25% above the underwritten figure ($1.4M a year against $1.1M).
- Debt service coverage moved from 1.69x at securitization to 2.10x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.8M | Current | No | 2.10x | 74% |
| August 2026 | $8.8M | Current | No | 2.10x | 74% |
| July 2026 | $8.9M | Current | No | 2.10x | 74% |
| June 2026 | $8.9M | Current | No | 2.10x | 74% |
| May 2026 | $8.9M | Current | No | 2.10x | 74% |
| April 2026 | $8.9M | Current | No | 2.10x | 74% |
| March 2026 | $8.9M | Current | No | 2.14x | 84% |
| February 2026 | $8.9M | Current | No | 2.14x | 84% |
| January 2026 | $9.0M | Current | No | 2.14x | 84% |
| December 2025 | $9.0M | Current | No | 2.14x | 84% |
| November 2025 | $9.0M | Current | No | 2.14x | 84% |
| October 2025 | $9.0M | Current | No | 2.14x | 84% |
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 |
|---|---|---|---|---|
| Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3 | 30 | $8,831,234 | Sep 2026 | SEC filing, September 29, 2026 |
Other Colorado Springs loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Marriott Colorado Springs | Colorado Springs, CO | Hotel | $21.4M | 5.06% | Feb 2027 | 1.32x | 64% | Current |
| Rampart Village Center | Colorado Springs, CO | Retail | $7.3M | 4.62% | Aug 2027 | 2.13x | 94% | Current |
| 6502-6530 South Academy Boulevard | Colorado Springs, CO | Retail | $6.3M | 4.688% | Oct 2027 | 1.55x | 84% | Current |
| American Mini Storage | Colorado Springs, CO | Self storage | $4.8M | 4.71% | May 2027 | 1.82x | 92% | Current |
| Storage Center - Colorado Springs | Colorado Springs, CO | Self storage | $2.2M | 5.25% | Mar 2027 | 1.65x | 91% | Current |
| Colorado Self Storage | Colorado Springs, CO | Self storage | $2.1M | 4.90% | Dec 2027 | 1.65x | 86% | 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.