Tenant exposure
J C Penney in CMBS
The trusts' filings name J C Penney among the three largest tenants at properties securing 15 public CMBS loans with $1.8B outstanding. It is the largest tenant at 4 of them. 2 of those loans (13.1% of the balance) are delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Del Amo Fashion Center | Torrance, CA | Retail | $400.0M | 3.658% | Jun 2027 | 4.52x | 75% | Current |
| Washington Square | Portland, OR | Retail | $315.5M | 5.577% | Apr 2035 | n/a | n/a | Current |
| Fresno Fashion Fair Mall | Fresno, CA | Retail | $225.0M | 3.587% | Nov 2026 | 2.16x | 96% | With the special servicer and 30-59 days delinquent |
| Lakeside Shopping Center | Metairie, LA | Retail | $175.0M | 3.77% | Aug 2027 | 2.34x | 98% | Current |
| Potomac Mills | Woodbridge, VA | Retail | $145.5M | 2.988% | Nov 2026 | 4.48x | 95% | Current |
| Crossgates Mall | Albany, NY | Retail | $95.0M | 8.50% | Dec 2030 | 3.01x | 80% | Current |
| The Mall of Victor Valley | Victorville, CA | Retail | $85.0M | 6.723% | Sep 2034 | 2.01x | 83% | Current |
| Boise Towne Square | Boise, ID | Retail | $77.3M | 5.95% | Nov 2030 | 2.99x | 95% | Current |
| Warwick Mall | Warwick, RI | Retail | $70.1M | 4.445% | Oct 2027 | 1.97x | 97% | Current |
| The District | South Jordan, UT | Retail | $66.6M | 4.586% | Aug 2027 | n/a | n/a | Current |
| Wareham Crossing | Wareham, MA | Retail | $48.6M | 6.421% | Nov 2029 | 2.06x | 97% | Current |
| Northwoods Mall | North Charleston, SC | Retail | $42.8M | 9.12% | Apr 2031 | 1.69x | 92% | Current |
| Mariposa Shopping Center | Nogales, AZ | Retail | $25.0M | 6.71% | Jul 2033 | 1.66x | 94% | Current |
| Peachtree Mall | Columbus, GA | Retail | $8.3M | 3.944% | Dec 2025 | 1.37x | 86% | Past maturity and not performing |
| Maple Valley Marketplace | Farmington, MO | Retail | $4.3M | 5.063% | Mar 2028 | n/a | n/a | Current |
Where J C Penney is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Maple Valley Marketplace | Nov 2026 | Mar 2028 | $4.3M |
| Del Amo Fashion Center | Dec 2028 | Jun 2027 | $400.0M |
| Warwick Mall | Mar 2030 | Oct 2027 | $70.1M |
| The Mall of Victor Valley | Mar 2033 | Sep 2034 | $85.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: J C PENNEY; J C Penney; J.C. Penney*; JC Penney; JC Penney Company; JCPENNEY; JCPenney. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.