Mixed use · Frisco, Texas
Stonebriar Commons on Legacy
Stonebriar Commons on Legacy is financed with a $12.8M CMBS loan at 5.06% that reaches maturity on June 6, 2027, in 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,833,902
- Original balance (same notes)
- $14,250,000
- Interest rate
- 5.06% fixed
- Originated
- June 2, 2017
- Maturity
- June 6, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- March 5, 2027
- Master servicer
- Trimont LLC
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred July 22, 2020, returned November 18, 2020
- Workout strategy
- Resolved
- Modified
- Yes, most recently June 1, 2020
- Defeasance
- None reported
The property
- Address
- 1125 and 1303-1415 Legacy Drive; 5490 State Highway 121, Frisco, TX 75034
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 63,103 sq ft
- Built
- 2005
- Largest tenants
- CANTINA LAREDO; Silver Fox; Momo's Italian Pizza
- Value at securitization
- $25.0M (Feb 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.53x | 2.04x |
| Occupancy | 96% | 94% |
| Net operating income (annualized from 3 months) | $1.4M | $1.9M |
| Debt yield | 14.9% |
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-C38 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
- Modified
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
- Net operating income is 36% above the underwritten figure ($1.9M a year against $1.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.53x at securitization to 2.04x on the latest statements.
- The filing gives Jan 2027 as the lease end date for the largest tenant (CANTINA LAREDO), 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 | $12.8M | Current | No | 2.04x | 94% |
| August 2026 | $12.9M | Current | No | 2.04x | 94% |
| July 2026 | $12.9M | Current | No | 2.04x | 94% |
| June 2026 | $12.9M | Current | No | 2.04x | 94% |
| May 2026 | $12.9M | Current | No | 1.49x | 94% |
| April 2026 | $12.9M | Current | No | 1.49x | 94% |
| March 2026 | $13.0M | Current | No | 1.41x | 94% |
| February 2026 | $13.0M | Current | No | 1.41x | 94% |
| January 2026 | $13.0M | Current | No | 1.41x | 94% |
| December 2025 | $13.0M | Current | No | 1.41x | 94% |
| November 2025 | $13.1M | Current | No | 1.35x | 88% |
| October 2025 | $13.1M | Current | No | 1.35x | 88% |
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.
Special-servicing history
- Transferred to the special servicer July 22, 2020, returned to the master servicer November 18, 2020.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
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-C38 | 25 | $12,833,902 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Ericsson North American HQ | Plano, TX | Office | $91.1M | 4.458% | Jan 2027 | 2.08x | 100% | Current |
| Marriott at Legacy Town Center | Plano, TX | Hotel | $69.7M | 4.21% | Nov 2027 | 3.59x | 61% | Current |
| Marriott Quorum | Dallas, TX | Hotel | $53.5M | 5.40% | Jul 2027 | 1.91x | 65% | Current |
| 8330 and 8360 LBJ Freeway | Dallas, TX | Office | $50.2M | 4.61% | Oct 2027 | n/a | n/a | Current |
| Preston Hollow | Dallas, TX | Mixed use | $48.3M | 4.74% | Aug 2027 | 1.79x | 96% | Current |
| Sheraton DFW Airport | Irving, TX | Hotel | $28.3M | 4.572% | Aug 2027 | 2.02x | 76% | Current |
| 250-290 East John Carpenter Freeway | Irving, TX | Office | $23.3M | 4.26% | Dec 2027 | 5.16x | 55% | Current |
| Crowne Plaza Dallas | Dallas, TX | Hotel | $22.9M | 5.50% | Jul 2027 | -0.34x | 59% | Current |
All loans maturing in 2027 · All Dallas-Fort Worth-Arlington 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.