Retail · Brentwood, California
Shady Willow Plaza
Shady Willow Plaza is financed with a $8.2M CMBS loan at 4.41% that reaches maturity on August 11, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,165,626
- Original balance (same notes)
- $9,150,000
- Interest rate
- 4.41% fixed
- Originated
- August 1, 2017
- Maturity
- August 11, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- February 10, 2027
- 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
- 6261, 6271, 6281 & 6291 Lone Tree Way, Brentwood, CA 94513
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 30,181 sq ft
- Built
- 2006
- Largest tenants
- Golden Dragon; Goody's; Bank of America
- Value at securitization
- $14.3M (Jun 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.49x | 1.34x |
| Occupancy | 100% | 96% |
| Net operating income (annualized from 6 months) | $818K | $742K |
| Debt yield | 9.1% |
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 2017-C40 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Matures within 12 months
- 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
- Occupancy has fallen from 100% when the loan was securitized to 96%.
- Net operating income is 9% below the underwritten figure ($742K a year against $818K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.49x at securitization to 1.34x on the latest statements.
- The filing gives Mar 2027 as the lease end date for the largest tenant (Golden Dragon), 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 | $8.2M | Current | No | 1.34x | 96% |
| August 2026 | $8.2M | Current | No | 1.34x | 96% |
| July 2026 | $8.2M | Current | No | 1.32x | 96% |
| June 2026 | $8.2M | Current | No | 1.32x | 96% |
| May 2026 | $8.2M | Current | No | 1.32x | 96% |
| April 2026 | $8.2M | Current | No | 1.51x | 96% |
| March 2026 | $8.3M | Current | No | 1.51x | 96% |
| February 2026 | $8.3M | Current | No | 1.51x | 96% |
| January 2026 | $8.3M | Current | No | 1.52x | 96% |
| December 2025 | $8.3M | Current | No | 1.52x | 96% |
| November 2025 | $8.3M | Current | No | 1.52x | 96% |
| October 2025 | $8.3M | Current | No | 1.42x | 96% |
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 2017-C40 | 24 | $8,165,626 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 222 Second Street | San Francisco, CA | Office | $291.5M | 3.926% | Sep 2027 | 1.25x | 100% | Current |
| 300 Montgomery | San Francisco, CA | Office | $66.0M | 3.57% | Sep 2027 | 1.56x | 61% | Current |
| 55 Hawthorne | San Francisco, CA | Office | $61.5M | 4.123% | Jan 2027 | -0.77x | 24% | With the special servicer and 90+ days delinquent |
| Doubletree Berkeley Marina | Berkeley, CA | Hotel | $30.1M | 4.82% | Sep 2027 | -0.48x | 72% | With the special servicer |
| 634 Second Street | San Francisco, CA | Office | $27.9M | 4.909% | Mar 2027 | 2.23x | 99% | Current |
| 181 Second Avenue | San Mateo, CA | Office | $22.6M | 3.60% | Jul 2027 | 2.51x | 67% | Current |
| 555 De Haro | San Francisco, CA | Industrial | $19.0M | 4.31% | Nov 2027 | 1.95x | 80% | Current |
| San Mateo Self Storage | San Mateo, CA | Self storage | $19.0M | 4.35% | Feb 2027 | 3.25x | 100% | Current |
All loans maturing in 2027 · All San Francisco-Oakland-Fremont 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.