Manufactured housing · Desert Hot Springs, California
Thunderbird Estates
Thunderbird Estates is financed with a $10.0M CMBS loan at 6.669% that reaches maturity on April 6, 2036, in 9 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,000,000
- Original balance (same notes)
- $10,000,000
- Interest rate
- 6.669% fixed
- Originated
- March 13, 2026
- Maturity
- April 6, 2036
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2028
- Prepayment premium ends
- December 5, 2035 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 66434 5th Street, Desert Hot Springs, CA 92240
- Metro
- Riverside-San Bernardino-Ontario, CA
- Units, rooms or beds
- 70
- Built
- 1942, renovated 2024
- Value at securitization
- $17.4M (Dec 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.40x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $945K | n/a |
Watch flags
Computed from the Benchmark 2026-B43 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
The last 5 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.0M | Current | No | n/a | n/a |
| August 2026 | $10.0M | Current | No | n/a | n/a |
| July 2026 | $10.0M | Current | No | n/a | n/a |
| June 2026 | $10.0M | Current | No | n/a | n/a |
| May 2026 | $10.0M | Current | No | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-B43 Mortgage Trust | 23 | $10,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Security Public Storage - Palm Desert | Palm Desert, CA | Self storage | $16.5M | 5.911% | Jan 2036 | n/a | n/a | Current |
| Security Public Storage - Moreno Valley | Moreno Valley, CA | Self storage | $8.8M | 6.091% | Jan 2036 | n/a | n/a | Current |
| Mbc Industrial | Rancho Cucamonga, CA | Industrial | $7.5M | 5.938% | Apr 2036 | n/a | n/a | Current |
| Extra Space Storage - Big Bear | Big Bear Lake, CA | Self storage | $5.0M | 5.86% | May 2036 | n/a | n/a | Current |
| Kozy Mhc | Beaumont, CA | Manufactured housing | $2.1M | 6.63% | Jan 2036 | 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.