Retail · Palm Desert, California
Walmart Palm Desert
Walmart Palm Desert is financed with a $7.4M CMBS loan at 5.13% that reaches maturity on December 1, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,425,000
- Original balance (same notes)
- $7,425,000
- Interest rate
- 5.13% fixed
- Originated
- November 15, 2018
- Maturity
- December 1, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 31, 2028
- Master servicer
- Principal Real Estate
- Originator
- MUFG UNION BANK, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 72314 Highway 111, Palm Desert, CA 92260
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 45,648 sq ft
- Built
- 1989
- Largest tenants
- Walmart
- Value at securitization
- $13.5M (Oct 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.75x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $677K | n/a |
Watch flags
Computed from the CD 2019-CD8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- 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
- The filing gives Feb 2027 as the lease end date for the largest tenant (Walmart), 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 | $7.4M | Current | No | n/a | n/a |
| August 2026 | $7.4M | Current | No | n/a | n/a |
| July 2026 | $7.4M | Current | No | n/a | n/a |
| June 2026 | $7.4M | Current | No | n/a | n/a |
| May 2026 | $7.4M | Current | No | n/a | n/a |
| April 2026 | $7.4M | Current | No | 1.76x | 100% |
| March 2026 | $7.4M | Current | No | 1.76x | 100% |
| February 2026 | $7.4M | Current | No | 1.76x | 100% |
| January 2026 | $7.4M | Current | No | 1.88x | 100% |
| December 2025 | $7.4M | Current | No | 1.88x | 100% |
| November 2025 | $7.4M | Current | No | 1.88x | 100% |
| October 2025 | $7.4M | Current | No | 1.88x | 100% |
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 2019-CD8 Mortgage Trust | 26 | $7,425,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Shoppes at Chino Hills | Chino Hills, CA | Retail | $110.0M | 5.175% | Jun 2028 | 1.63x | 82% | Current |
| California High Tech Logistics | Riverside, CA | Industrial | $70.0M | 8.122% | Apr 2028 | 1.35x | 100% | Current |
| The Westin Rancho Mirage | Rancho Mirage, CA | Hotel | $50.0M | 8.23% | Nov 2028 | 0.78x | 53% | Current |
| Embassy Suites Ontario Airport | Ontario, CA | Hotel | $39.6M | 4.755% | Sep 2028 | n/a | n/a | Current |
| Mission Grove Plaza | Riverside, CA | Retail | $37.0M | 6.866% | Jun 2028 | 2.03x | 68% | Current |
| Ontario Airport Tower | Ontario, CA | Office | $23.6M | 6.081% | Jan 2028 | n/a | n/a | Current |
| Lakeside Tower | San Bernardino, CA | Office | $18.9M | 4.775% | Oct 2028 | n/a | n/a | Current |
| Empire Towers V | Ontario, CA | Office | $18.5M | 5.03% | Jul 2028 | 1.80x | 99% | Current |
All loans maturing in 2028 · All Riverside-San Bernardino-Ontario 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.