Retail portfolio, 2 properties · Multiple locations
Pismo Beach and Queenstown Premium Outlets
Filed under another name: Pismo Beach & Queenstown Premium Outlets. Same origination date, rate and maturity in each trust's filing.
Public CMBS trusts hold $5.0M of the loan on this portfolio at 6.851% that reaches maturity on August 1, 2036, in 9 years and 9 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $5,000,000
- Original balance (same notes)
- $5,000,000
- Interest rate
- 6.851% fixed
- Originated
- July 6, 2026
- Maturity
- August 1, 2036
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 31, 2036
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Rentable area
- 437,025 sq ft
- Value at securitization
- $126.7M
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 2.36x | n/a |
| Occupancy | 93% | n/a |
| Net operating income | $12.3M | n/a |
No debt yield is shown: the notes in the trusts below add up to only part of this loan, and the rest is held outside the public trusts tracked here, so the whole balance is not in these filings.
Comparable loans: retail properties in Multiple locations, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-B44 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC November 3, 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.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-B44 Mortgage Trust | 38 | $5,000,000 | Nov 2026 | SEC filing, November 3, 2026 |
Other retail loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| NOVA Retail 2-Pack | VA | Retail | $165.0M | 6.093% | Mar 2036 | 1.38x | 97% | Current |
| Arizona Mills | Tempe, AZ | Retail | $135.0M | 6.657% | Jul 2036 | 3.09x | 99% | Current |
| The Falls | Miami, FL | Retail | $130.0M | 6.981% | Jun 2036 | 1.77x | 96% | Current |
| 1600 Broadway | New York, NY | Retail | $98.0M | 3.451% | May 2036 | 2.60x | 100% | Current |
| Birch Run Premium Outlets | Birch Run, MI | Retail | $90.0M | 6.46% | Feb 2036 | 2.09x | 90% | Current |
| Orchard at Saddleback | Lake Forest, CA | Retail | $88.5M | 6.813% | Aug 2036 | 1.34x | 98% | Current |
| Colorado Mills | Lakewood, CO | Retail | $80.0M | 6.844% | Nov 2036 | n/a | n/a | Current |
| Landstown Commons | Virginia Beach, VA | Retail | $73.4M | 6.10% | Feb 2036 | 1.67x | 95% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.