Retail · Lancaster, Pennsylvania
The Shops at Rockvale
The Shops at Rockvale is financed with a $28.3M CMBS loan at 7.007% that reaches maturity on May 6, 2031, in 4 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $28,250,000
- Original balance (same notes)
- $28,250,000
- Interest rate
- 7.007% fixed
- Originated
- April 29, 2026
- Maturity
- May 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 5, 2031
- Master servicer
- Trimont LLC
- Originator
- AREF2
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 35 South Willowdale Drive, Lancaster, PA 17602
- Metro
- Lancaster, PA
- Rentable area
- 292,452 sq ft
- Built
- 1986, renovated 2023
- Largest tenants
- READING CHINA&GLASS / NISSLEY WINE; ARTISAN MILL CO.; CARTERS
- Value at securitization
- $42.9M (Feb 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.68x | n/a |
| Occupancy | 82% | n/a |
| Net operating income | $3.4M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2026-5C10 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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
- The filing gives Jan 2029 as the lease end date for the largest tenant (READING CHINA&GLASS / NISSLEY WINE), before the loan matures. Lenders look hard at that rollover.
The last 4 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.3M | Current | No | n/a | n/a |
| August 2026 | $28.3M | Current | No | n/a | n/a |
| July 2026 | $28.3M | Current | No | n/a | n/a |
| June 2026 | $28.3M | Current | No | 1.41x | 82% |
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 2026-5C10 | 7 | $28,250,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Lancaster loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| OmniMax - Lancaster | Lancaster, PA | Industrial | $42.3M | 3.53% | May 2031 | n/a | n/a | Current |
| Red Rose Commons | Lancaster, PA | Retail | $30.3M | 3.28% | Jul 2031 | 2.07x | 100% | Current |
| Pet Food Experts Industrial | Denver, PA | Industrial | $11.6M | 3.411% | Jan 2031 | n/a | n/a | Current |
| The Villas at Willow Run | Willow Street, PA | Multifamily | $11.1M | 3.745% | Apr 2031 | 2.45x | 99% | Current |
| Storage Sense Lancaster | Lancaster, PA | Self storage | $9.0M | 6.305% | Jul 2031 | 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.