Retail · Dublin, California
Shamrock Village
Shamrock Village is financed with a $15.1M CMBS loan at 4.97% that reaches maturity on February 11, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,141,760
- Original balance (same notes)
- $16,300,000
- Interest rate
- 4.97% fixed
- Originated
- February 8, 2019
- Maturity
- February 11, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- November 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently April 11, 2020
- Defeasance
- None reported
The property
- Address
- 7723-7745, 7775-7841 7867-7877, 7901 Amador Valley Boulevard, Dublin, CA 94568
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 53,394 sq ft
- Built
- 1962, renovated 2006
- Largest tenants
- Dollar Tree; KIDTOPIA ZONE LLC; Wei Guo Yu
- Value at securitization
- $26.1M (May 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 1.00x |
| Occupancy | 100% | 93% |
| Net operating income (annualized from 3 months) | $1.5M | $1.1M |
| Debt yield | 7.0% |
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 2019-C50 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Modified
On the cmbs.news watch list in every report since June 2026.
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 93%.
- Net operating income is 31% below the underwritten figure ($1.1M a year against $1.5M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.46x at securitization to 1.00x on the latest statements.
- At 1.00x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.1M | Current | No | 1.00x | 93% |
| August 2026 | $15.2M | Current | No | 1.00x | 93% |
| July 2026 | $15.2M | Current | No | 1.00x | 93% |
| June 2026 | $15.2M | Current | No | 1.00x | 93% |
| May 2026 | $15.2M | Current | No | 1.01x | 93% |
| April 2026 | $15.3M | Current | No | 1.01x | 93% |
| March 2026 | $15.3M | Current | No | 1.24x | 93% |
| February 2026 | $15.3M | Current | No | 1.24x | 93% |
| January 2026 | $15.3M | Current | No | 1.24x | 93% |
| December 2025 | $15.3M | Current | No | 1.24x | 93% |
| November 2025 | $15.4M | Current | No | 1.29x | 93% |
| October 2025 | $15.4M | Current | No | 1.29x | 93% |
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 2019-C50 | 23 | $15,141,760 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 560 Mission Street | San Francisco, CA | Office | $300.0M | 2.589% | Dec 2029 | 2.37x | 97% | Current |
| 101 California Street | San Francisco, CA | Office | $200.0M | 3.85% | Mar 2029 | 1.60x | 91% | Current |
| 350 Bush Street | San Francisco, CA | Office | $185.0M | 3.912% | May 2029 | 4.63x | 100% | Current |
| 188 Spear Street | San Francisco, CA | Office | $125.0M | 3.57% | Jun 2029 | 3.57x | 97% | With the special servicer |
| Nema San Francisco | San Francisco, CA | Multifamily | $75.0M | 4.436% | Feb 2029 | 1.34x | 97% | Current |
| One Stockton | San Francisco, CA | Retail | $66.0M | 4.04% | Dec 2029 | -0.37x | 100% | Current |
| Pleasanton Corporate Commons | Pleasanton, CA | Mixed use | $65.8M | 7.78% | May 2029 | 1.88x | 100% | Current |
| Central Tower | San Francisco, CA | Office | $63.7M | 4.06% | May 2029 | 1.11x | 34% | With the special servicer and 90+ days delinquent |
All loans maturing in 2029 · 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.