Retail · Bloomingdale, Illinois
Springbrook Shopping Center
Springbrook Shopping Center is financed with a $12.8M CMBS loan at 4.34% that reaches maturity on November 6, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,810,508
- Original balance (same notes)
- $15,000,000
- Interest rate
- 4.34% fixed
- Originated
- November 4, 2016
- Maturity
- November 6, 2026
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- January 5, 2019
- Prepayment premium ends
- August 5, 2026
- Master servicer
- Midland
- Originator
- CGMRC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 134-166 E. Lake Street, Bloomingdale, IL 60108
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 176,602 sq ft
- Built
- 1980, renovated 2000
- Largest tenants
- Urban Air Trampoline; Caputo's New Farm Produce; Pivot Point Academy
- Value at securitization
- $22.2M (Oct 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.10x | 2.02x |
| Occupancy | 86% | 91% |
| Net operating income (annualized from 6 months) | $1.4M | $3.7M |
| Debt yield | 28.5% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Matures 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 risen from 86% when the loan was securitized to 91%.
- Net operating income is 163% above the underwritten figure ($3.7M a year against $1.4M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.8M | Current | No | 2.02x | 91% |
| August 2026 | $12.8M | Current | No | n/a | n/a |
| July 2026 | $12.9M | Current | No | n/a | n/a |
| June 2026 | $12.9M | Current | No | n/a | n/a |
| May 2026 | $12.9M | Current | No | n/a | n/a |
| April 2026 | $12.9M | Current | No | 2.05x | 90% |
| March 2026 | $13.0M | Current | No | 2.12x | 90% |
| February 2026 | $13.0M | Current | No | 2.12x | 90% |
| January 2026 | $13.0M | Current | No | 2.12x | 90% |
| December 2025 | $13.1M | Current | No | 2.12x | 90% |
| November 2025 | $13.1M | Current | No | 2.09x | 90% |
| October 2025 | $13.1M | Current | No | 2.09x | 90% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6 | 23 | $12,810,508 | Sep 2026 | SEC filing, September 25, 2026 |
Other Chicago-Naperville-Elgin loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Aon Center | Chicago, IL | Office | $136.0M | 4.627% | Jul 2026 | 4.11x | 66% | Past maturity and not performing |
| Riverway | Rosemont, IL | Office | $114.6M | 4.96% | Dec 2026 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Gurnee Mills | Gurnee, IL | Retail | $89.0M | 3.99% | Oct 2026 | 2.27x | 91% | Current |
| 181 West Madison Street | Chicago, IL | Office | $84.4M | 3.90% | Dec 2026 | n/a | n/a | With the special servicer |
| 625 North Michigan Avenue | Chicago, IL | Office | $50.6M | 4.63% | Mar 2026 | 1.33x | 64% | Past maturity and not performing |
| Mariano's - Bronzeville | Chicago, IL | Retail | $19.0M | 4.155% | Nov 2026 | n/a | n/a | Current |
| Cicero Industrial | Cicero, IL | Industrial | $16.7M | 4.25% | Nov 2026 | 3.22x | 93% | Current |
| 2233 South Throop Street | Chicago, IL | Industrial | $15.0M | 3.34% | Oct 2026 | 3.09x | 100% | Current |
All loans maturing in 2026 · All Chicago-Naperville-Elgin loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.