Retail · Paragould, Arkansas
West Pointe Shopping Center
West Pointe Shopping Center is financed with a $3.7M CMBS loan at 5.285% that reaches maturity on November 1, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,699,810
- Original balance (same notes)
- $4,230,000
- Interest rate
- 5.285% fixed
- Originated
- October 24, 2018
- Maturity
- November 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 31, 2028
- Master servicer
- Wells Fargo
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2708 AND 2900 W. Kings Highway, Paragould, AR 72450
- Rentable area
- 55,200 sq ft
- Built
- 1997, renovated 2007
- Largest tenants
- Goodwill Industries of Arkansas, Inc.; Petsmart, Inc (#2509); GPC Investments Company, Inc dba Larry's Pizza of Paragould
- Value at securitization
- $5.7M (Sep 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.73x | 1.58x |
| Occupancy | 96% | 92% |
| Net operating income (annualized from 6 months) | $488K | $896K |
| Debt yield | 24.2% |
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 Morgan Stanley Capital I Trust 2018-H4 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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
- Occupancy has fallen from 96% when the loan was securitized to 92%.
- Net operating income is 84% above the underwritten figure ($896K a year against $488K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.73x at securitization to 1.58x on the latest statements.
- The filing gives Sep 2027 as the lease end date for the largest tenant (Goodwill Industries of Arkansas, Inc.), 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 | $3.7M | Current | No | 1.58x | 92% |
| August 2026 | $3.7M | Current | No | 1.58x | 92% |
| July 2026 | $3.7M | Current | No | n/a | n/a |
| June 2026 | $3.7M | Current | No | n/a | n/a |
| May 2026 | $3.7M | Current | No | n/a | n/a |
| April 2026 | $3.7M | Current | No | 1.75x | 88% |
| March 2026 | $3.7M | Current | No | 1.75x | 88% |
| February 2026 | $3.7M | Current | No | 1.75x | 88% |
| January 2026 | $3.8M | Current | No | 1.75x | 88% |
| December 2025 | $3.8M | Current | No | 1.75x | 88% |
| November 2025 | $3.8M | Current | No | 1.75x | 92% |
| October 2025 | $3.8M | Current | No | 1.75x | 92% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2018-H4 | 44 | $3,699,810 | Sep 2026 | SEC filing, October 2, 2026 |
Other Arkansas loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Conway Commons | Conway, AR | Retail | $45.0M | 4.69% | Aug 2028 | 1.72x | 99% | Late, less than 30 days |
| West End Social | Mountain Home, AR | Multifamily | $23.6M | 7.414% | Oct 2028 | n/a | n/a | Current |
| Shoppes of Benton | Benton, AR | Retail | $19.6M | 4.925% | Apr 2028 | 1.46x | 99% | Current |
| Argenta Flats | North Little Rock, AR | Multifamily | $10.9M | 5.46% | Dec 2028 | 1.18x | 91% | Current |
| Courtyard Bentonville | Bentonville, AR | Hotel | $8.4M | 5.054% | Jun 2028 | 1.89x | 57% | Current |
| Nice-Pak Warehouse | Jonesboro, AR | Industrial | $8.2M | 5.11% | Apr 2028 | 1.77x | 100% | Current |
| Kohls - Fort Smith | Fort Smith, AR | Retail | $6.2M | 5.304% | Sep 2028 | n/a | n/a | Current |
| Comfort Inn Camden | Camden, AR | Hotel | $3.1M | 5.554% | Mar 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.