Mixed use · Arvada, Colorado
Village Square at Five Parks
Village Square at Five Parks is financed with a $5.2M CMBS loan at 3.69% that reaches maturity on February 11, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,206,780
- Original balance (same notes)
- $6,000,000
- Interest rate
- 3.69% fixed
- Originated
- January 15, 2020
- Maturity
- February 11, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 13735-13777 West 85th Drive; 8560-8570 Five Parks Drive, Arvada, CO 80005
- Metro
- Denver-Aurora-Centennial, CO
- Rentable area
- 40,155 sq ft
- Built
- 2002, renovated 2019
- Largest tenants
- A DIFFERENT KIND OF BEAN/NEW DELI; FIVE PARKS VISION CENTER; FIVE PARKS DENTAL
- Value at securitization
- $12.1M (Dec 2019)
Performance
| At securitization | Latest (Mar 2024) | |
|---|---|---|
| DSCR (NOI) | 1.84x | 1.42x |
| Occupancy | 91% | 99% |
| Net operating income (annualized from 3 months) | $608K | $473K |
| Debt yield | 9.1% |
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 BANK 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 risen from 91% when the loan was securitized to 99%.
- Net operating income is 22% below the underwritten figure ($473K a year against $608K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.84x at securitization to 1.42x on the latest statements.
- The filing gives Mar 2026 as the lease end date for the largest tenant (A DIFFERENT KIND OF BEAN/NEW DELI), 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 | $5.2M | Current | No | 1.42x | 99% |
| August 2026 | $5.2M | Current | No | 1.42x | 99% |
| July 2026 | $5.2M | Current | No | 1.42x | 99% |
| June 2026 | $5.2M | Current | No | 1.42x | 99% |
| May 2026 | $5.3M | Current | No | 1.42x | 99% |
| April 2026 | $5.3M | Current | No | 1.42x | 99% |
| March 2026 | $5.3M | Current | No | 1.42x | 99% |
| February 2026 | $1.4M | Current | No | n/a | n/a |
| January 2026 | $5.3M | Current | No | 1.42x | 99% |
| December 2025 | $5.3M | Current | No | 1.42x | 99% |
| November 2025 | $5.3M | Current | No | 1.42x | 99% |
| October 2025 | $5.3M | Current | No | 1.42x | 99% |
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 |
|---|---|---|---|---|
| BANK 2020-BNK26 | 49 | $5,206,780 | Sep 2026 | SEC filing, October 1, 2026 |
Other Denver-Aurora-Centennial loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Westin Westminster | Westminster, CO | Hotel | $77.2M | 6.511% | Sep 2030 | 1.85x | 60% | Current |
| Seven Hills Plaza Property | Aurora, CO | Mixed use | $57.9M | 3.67% | Mar 2030 | n/a | n/a | With the special servicer |
| Landmark Corporate Center | Greenwood Village, CO | Office | $25.4M | 4.25% | Aug 2030 | 1.42x | 51% | With the special servicer and 90+ days delinquent |
| Warwick Denver | Denver, CO | Hotel | $23.0M | 7.45% | Feb 2030 | 0.99x | 65% | Current |
| Amc Theatres Highlands Ranch | Highlands Ranch, CO | Retail | $21.0M | 7.60% | Oct 2030 | 1.73x | 100% | Current |
| Springhill Suites Denver West | Lakewood, CO | Hotel | $17.6M | 6.49% | Oct 2030 | n/a | n/a | Current |
| Meridian One Colorado | Englewood, CO | Office | $15.9M | 3.91% | Jan 2030 | -0.74x | 16% | With the special servicer and 90+ days delinquent |
| Brookhill Village | Westminster, CO | Retail | $13.7M | 7.082% | Jan 2030 | 1.43x | 97% | Current |
All loans maturing in 2030 · All Denver-Aurora-Centennial 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.