Self storage · Palm Desert, California
Security Public Storage - Palm Desert
Security Public Storage - Palm Desert is financed with a $16.5M CMBS loan at 5.911% that reaches maturity on January 11, 2036, in 9 years and 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
- $16,500,000
- Original balance (same notes)
- $16,500,000
- Interest rate
- 5.911% fixed
- Originated
- January 8, 2026
- Maturity
- January 11, 2036
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- May 10, 2028
- Prepayment premium ends
- July 10, 2035 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 39505 Berkey Drive, Palm Desert, CA 92211
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 155,168 sq ft
- Units, rooms or beds
- 1,006
- Built
- 1979, renovated 2005
- Value at securitization
- $27.5M (Nov 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.35x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $1.6M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2026-C66 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.
The last 6 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.5M | Current | No | n/a | n/a |
| August 2026 | $16.5M | Current | No | n/a | n/a |
| July 2026 | $16.5M | Current | No | n/a | n/a |
| June 2026 | $16.5M | Current | No | n/a | n/a |
| May 2026 | $16.5M | Current | No | n/a | n/a |
| April 2026 | $16.5M | Current | No | 1.42x | 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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2026-C66 | 11 | $16,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Thunderbird Estates | Desert Hot Springs, CA | Manufactured housing | $10.0M | 6.669% | Apr 2036 | n/a | n/a | Current |
| Security Public Storage - Moreno Valley | Moreno Valley, CA | Self storage | $8.8M | 6.091% | Jan 2036 | n/a | n/a | Current |
| Mbc Industrial | Rancho Cucamonga, CA | Industrial | $7.5M | 5.938% | Apr 2036 | n/a | n/a | Current |
| Extra Space Storage - Big Bear | Big Bear Lake, CA | Self storage | $5.0M | 5.86% | May 2036 | n/a | n/a | Current |
| Kozy Mhc | Beaumont, CA | Manufactured housing | $2.1M | 6.63% | Jan 2036 | n/a | n/a | 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.