Retail · Glendora, California
Route 66 Promenade
Route 66 Promenade is financed with a $18.5M CMBS loan at 4.90% that reaches maturity on October 5, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,500,000
- Original balance (same notes)
- $18,500,000
- Interest rate
- 4.90% fixed
- Originated
- September 25, 2018
- Maturity
- October 5, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 4, 2021
- Originator
- Grass River Real Estate Credit Partners Loan Funding, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1800-1854 East Route 66 a/k/a 1804, 1830, 1832, 1834, 1836 E Alosta Avenue, Glendora, CA 91740
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 77,624 sq ft
- Built
- 1977
- Largest tenants
- Stater Brothers #06; Fit Gym LLC; Foothill Fed.Credit Union
- Value at securitization
- $28.9M (Jul 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.80x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.7M | n/a |
Watch flags
Computed from the CSAIL 2019-C15 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Largest tenant's lease ends 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
- The filing gives Oct 2027 as the lease end date for the largest tenant (Stater Brothers #06), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.5M | Current | No | n/a | n/a |
| August 2026 | $18.5M | Current | No | n/a | n/a |
| July 2026 | $18.5M | Current | No | n/a | n/a |
| June 2026 | $18.5M | Current | No | n/a | n/a |
| May 2026 | $18.5M | Current | No | n/a | n/a |
| April 2026 | $18.5M | Current | No | 2.13x | 100% |
| March 2026 | $18.5M | Current | No | 2.13x | 100% |
| February 2026 | $18.5M | Current | No | 2.01x | 100% |
| January 2026 | $18.5M | Current | No | 2.08x | 100% |
| December 2025 | $18.5M | Current | No | 2.08x | 100% |
| November 2025 | $18.5M | Current | No | 2.08x | 100% |
| October 2025 | $18.5M | Current | No | 2.08x | 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 |
|---|---|---|---|---|
| CSAIL 2019-C15 Commercial Mortgage Trust | 20 | $18,500,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Aliso Viejo Commerce Center | Aliso Viejo, CA | Mixed use | $174.2M | 4.89% | Feb 2028 | n/a | n/a | Current |
| Airport Business Center, Irvine | Irvine, CA | Industrial | $150.0M | 4.375% | Feb 2028 | 3.15x | 90% | Current |
| Atlantic Times Square | Monterey Park, CA | Mixed use | $98.0M | 4.845% | Apr 2028 | 1.62x | 91% | Current |
| 12800 Culver | Los Angeles, CA | Other | $84.8M | 6.533% | Jul 2028 | 2.60x | 100% | Current |
| Red Building | West Hollywood, CA | Office | $80.0M | 4.386% | Jan 2028 | 1.60x | 73% | Current |
| Aliso Creek Apartments | Aliso Viejo, CA | Multifamily | $63.0M | 3.519% | Apr 2028 | 6.37x | 96% | Current |
| 6420 Wilshire | Los Angeles, CA | Office | $62.0M | 4.276% | Jan 2028 | 0.93x | 72% | Current |
| Soho Warehouse DTLA | Los Angeles, CA | Mixed use | $61.3M | 7.83% | May 2028 | 1.48x | 100% | Current |
All loans maturing in 2028 · All Los Angeles-Long Beach-Anaheim loans
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.