Retail portfolio, 11 properties · Santa Fe, New Mexico
The Peters Project
This portfolio is financed with a $32.8M CMBS loan at 5.734% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $32,767,633
- Original balance (same notes)
- $36,000,000
- Interest rate
- 5.734% fixed
- Originated
- October 31, 2018
- Maturity
- November 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 5, 2021
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred August 23, 2022
- Workout strategy
- Foreclosure
- Modified
- Yes, most recently January 8, 2024
- Defeasance
- None reported
The property
- Address
- 1011 Paseo De Peralta, Santa Fe, NM 87501
- Value at securitization
- $52.6M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $3.8M | n/a |
Watch flags
Computed from the CSAIL 2019-C16 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| The Peters Project | Santa Fe, NM | Retail | n/a | n/a |
| Plaza Mercado | Santa Fe, NM | Retail | n/a | n/a |
| Century Plaza | Santa Fe, NM | Retail | n/a | n/a |
| Peters Corp. HQ | Santa Fe, NM | Office | n/a | n/a |
| Santa Fe Properties | Santa Fe, NM | Office | n/a | n/a |
| Springer Plaza | Santa Fe, NM | Retail | n/a | n/a |
| 132 East Marcy Street | Santa Fe, NM | Mixed Use | n/a | n/a |
| Bendelier House | Santa Fe, NM | Retail | n/a | n/a |
| 216 Washington Avenue | Santa Fe, NM | Office | n/a | n/a |
| El Mercado Viejo | Santa Fe, NM | Retail | n/a | n/a |
| 417-419 Orchard Drive | Santa Fe, NM | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| February 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| January 2026 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| December 2025 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| November 2025 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
| October 2025 | $32.8M | 90+ days delinquent | Yes | n/a | n/a |
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 August 23, 2022, still there.
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 |
|---|---|---|---|---|
| CSAIL 2019-C16 Commercial Mortgage Trust | 6 | $32,767,633 | Sep 2026 | SEC filing, September 28, 2026 |
Other New Mexico loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| DoubleTree by Hilton Hotel Santa Fe | Santa Fe, NM | Hotel | $6.1M | 5.24% | Aug 2028 | n/a | n/a | Current |
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.