Retail · Palm Harbor, Florida
The Fountains
The Fountains is financed with a $10.3M CMBS loan at 4.682% that reaches maturity on September 6, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,313,049
- Original balance (same notes)
- $11,475,000
- Interest rate
- 4.682% fixed
- Originated
- August 8, 2017
- Maturity
- September 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 34718-35084 Us Highway 19 North, Palm Harbor, FL 34684
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 83,300 sq ft
- Built
- 1982
- Largest tenants
- Trustees ofMease Hospital; VetCor Of Florida a Delawa; Two Can Ventures LLC
- Value at securitization
- $15.4M (Jun 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.08x | 1.68x |
| Occupancy | 100% | 82% |
| Net operating income (annualized from 3 months) | $1.1M | $1.2M |
| Debt yield | 11.8% |
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 CD 2017-CD6 Mortgage Trust filing for the reporting period ending September 9, 2026, filed with the SEC September 25, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- 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 82%.
- Net operating income is 7% above the underwritten figure ($1.2M a year against $1.1M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.08x at securitization to 1.68x on the latest statements.
- The filing gives Feb 2027 as the lease end date for the largest tenant (Trustees ofMease Hospital), 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 | $10.3M | Current | No | 1.68x | 82% |
| August 2026 | $10.3M | Current | No | 1.68x | 82% |
| July 2026 | $10.3M | Current | No | 1.68x | 82% |
| June 2026 | $10.4M | Current | No | 1.68x | 82% |
| May 2026 | $10.4M | Current | No | 1.68x | 82% |
| April 2026 | $10.4M | Current | No | 1.74x | 86% |
| March 2026 | $10.4M | Current | No | 1.74x | 86% |
| February 2026 | $10.4M | Current | No | 1.74x | 86% |
| January 2026 | $10.5M | Current | No | 1.68x | 90% |
| December 2025 | $10.5M | Current | No | 1.68x | 90% |
| November 2025 | $10.5M | Current | No | 1.68x | 90% |
| October 2025 | $10.5M | Current | No | 1.65x | 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 |
|---|---|---|---|---|
| CD 2017-CD6 Mortgage Trust | 34 | $10,313,049 | Sep 2026 | SEC filing, September 25, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Baypoint Commerce Center | St. Petersburg, FL | Office | $21.8M | 4.733% | Apr 2027 | 1.45x | 72% | Current |
| Sienna Bay | St. Petersburg, FL | Multifamily | $21.5M | 4.40% | May 2027 | 1.16x | 84% | Current |
| Northwoods Center | Wesley Chapel, FL | Retail | $15.8M | 4.41% | Sep 2027 | 1.97x | 100% | Current |
| Shoppes at New Tampa | Wesley Chapel, FL | Retail | $11.7M | 4.88% | Apr 2027 | 1.89x | 100% | Current |
| Cortez Commons | Brooksville, FL | Retail | $10.3M | 5.00% | Apr 2027 | 1.73x | 100% | Current |
| Royal Oaks Shopping Center | Valrico, FL | Retail | $8.4M | 4.63% | Sep 2027 | 1.65x | 100% | Current |
| Walgreens - Clearwater | Clearwater, FL | Retail | $3.9M | 4.39% | Jul 2027 | 2.36x | 100% | Current |
All loans maturing in 2027 · All Tampa-St. Petersburg-Clearwater loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.