Retail · Tucson, Arizona
Plaza Del Oro
Plaza Del Oro is financed with a $15.1M CMBS loan at 4.78% that reaches maturity on April 11, 2028, in 17 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,062,041
- Original balance (same notes)
- $16,200,000
- Interest rate
- 4.78% fixed
- Originated
- April 10, 2018
- Maturity
- April 11, 2028
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- January 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 6442-6488 North Oracle Road and 100 West Orange Grove Road, Tucson, AZ 85704
- Metro
- Tucson, AZ
- Rentable area
- 112,346 sq ft
- Built
- 1977, renovated 2017
- Largest tenants
- Hobby Lobby; Arizona CVS Stores L.L.C.; PetVet Care Centers dba Riggs Road Vet Clinic
- Value at securitization
- $23.8M (Feb 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.48x | 1.85x |
| Occupancy | 99% | 100% |
| Net operating income (annualized from 6 months) | $1.5M | $1.9M |
| Debt yield | 12.6% |
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 2018-C44 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
- Net operating income is 26% above the underwritten figure ($1.9M a year against $1.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.48x at securitization to 1.85x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.1M | Current | No | 1.85x | 100% |
| August 2026 | $15.1M | Current | No | 1.85x | 100% |
| July 2026 | $15.1M | Current | No | 1.78x | 100% |
| June 2026 | $15.1M | Current | No | 1.78x | 100% |
| May 2026 | $15.2M | Current | No | 1.78x | 100% |
| April 2026 | $15.2M | Current | No | 1.62x | 99% |
| March 2026 | $15.2M | Current | No | 1.62x | 99% |
| February 2026 | $15.2M | Current | No | 1.62x | 99% |
| January 2026 | $15.3M | Current | No | 1.69x | 100% |
| December 2025 | $15.3M | Current | No | 1.69x | 100% |
| November 2025 | $15.3M | Current | No | 1.69x | 100% |
| October 2025 | $15.3M | Current | No | 1.66x | 100% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C44 | 17 | $15,062,041 | Sep 2026 | SEC filing, September 29, 2026 |
Other Tucson loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Arizona Pavilions West | Marana, AZ | Retail | $13.9M | 5.452% | Oct 2028 | 1.47x | 100% | Late, less than 30 days |
| Embassy Suites Tucson, Az | Tucson, AZ | Hotel | $12.0M | 4.986% | Jun 2028 | 2.30x | 79% | Current |
| Palo Verde Industrial | Tucson, AZ | Industrial | $9.9M | 4.905% | Sep 2028 | 0.48x | 74% | Current |
| Safeway Vistoso Plaza | Oro Valley, AZ | Retail | $6.0M | 5.16% | Sep 2028 | n/a | n/a | Current |
| 2 East Congress Street | Tucson, AZ | Mixed use | $5.7M | 4.82% | May 2028 | 0.99x | 98% | Current |
| Hampton Inn & Suites Tucson Mall | Tucson, AZ | Hotel | $4.9M | 5.127% | Aug 2028 | 2.98x | 77% | Current |
| Fairfield Inn Tucson North | Oro Valley, AZ | Hotel | $3.8M | 6.213% | Feb 2028 | n/a | n/a | Current |
| Towneplace Suites Tucson | Tucson, AZ | Hotel | $3.8M | 5.127% | Aug 2028 | 3.31x | 83% | 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.