Malls · California
Fresno Fashion Fair
Fresno Fashion Fair remains operating as its $60M loan moves to special servicing in July 2026, signaling potential distress future. · summary, model-written
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CMBS special servicing
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| Status | Operatingpublic reporting reported |
|---|
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2026-07 | Special servicing · special servicing | — | · lender JPMDB 2016-C4 trust · loan $60.0M | KBRA 2026-10-02 |
Securitised debt and public filers
Filings (2001 to date) that name “Fresno Fashion Fair” and “Fresno” (1163 hits, first 100 sampled). Common name: these matches are unreliable. Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2016-12-15 (a sample date, not the issuance date); candidate loan vintage 2016 from the trust name (weak match). Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| CMBS trust (weak) | CFCRE 2016-C7 Mortgage Trust | 23 | 2017-03-27 to 2026-03-16 | 10-K 20, 10-K/A 3 |
| CMBS trust (weak) | CFCRE 2016-C6 Mortgage Trust | 23 | 2017-03-28 to 2026-03-17 | 10-K 20, 10-K/A 2, 8-K 1 |
| CMBS trust (weak) | JPMCC Commercial Mortgage Securities Trust 2016-JP4 | 21 | 2017-03-27 to 2026-03-18 | 10-K 20, 8-K 1 |
| CMBS trust (weak) | JPMCC Commercial Mortgage Securities Trust 2017-JP5 | 18 | 2018-03-22 to 2026-03-18 | 10-K 18 |
| CMBS trust (weak) | CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6 | 11 | 2016-12-15 to 2026-03-31 | 10-K 8, 8-K 2, 10-K/A 1 |
| CMBS trust (weak) | JPMDB Commercial Mortgage Securities Trust 2016-C4 | 4 | 2017-03-27 to 2026-03-18 | 10-K 4 |
As reported by the owner
Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.
| Year end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2025 | Macerich 10-K, 2026-02-20 | Fresno Fashion Fair Fresno, CA match: exact | 974,000 in-line 419,000 | 95.5% leased | built 1970 / acquired 1996 / renovated 2006 | 100.0% | JCPenney, Macy's | |
| 2016 | Macerich 10-K, 2017-02-24 | Fresno Fashion Fair Fresno, CA match: exact | 963,000 in-line 403,000 | 95.6% leased | built 1970 / acquired 1996 / renovated 2006 | 100.0% | Forever 21, JCPenney, Macy's | |
| 2009 | Macerich 10-K, 2010-02-26 | Fresno Fashion Fair Fresno, CA match: exact | 956,296 in-line 395,415 | 95.9% leased | built 1970 / acquired 1996 / renovated 2006 | 100.0% | Forever 21, J.C. Penney, Macy's (two) | |
| 2006 | Macerich 10-K, 2007-02-27 | Fresno Fashion Fair Fresno, CA match: exact | 955,586 in-line 394,705 | 97.5% leased | built 1970 / acquired 1996 / renovated 2006 | 100.0% | $635 | Gottschalks, J.C. Penney, Macy's (two) |
Summary, model-written
The site opened as a mall (original_use mall) and is currently operating according to the record. A special servicing event is scheduled for July 2026 on a $60 million loan, indicating financial stress.
Why. The record lists a distressed loan or foreclosure opp_reason and shows a special servicing deal, suggesting loan distress as the cause.
Where it stands. The mall is currently operating, with the loan under special servicing by the JPMDB 2016-C4 trust per the 2026-07 deal; the owner is not stated in the record.
For a planner
- The record does not specify any policy tools used at the site.
- Open questions include the timeline for loan servicing outcome, potential change in ownership, and future land-use implications.
For a developer
- Site size is not provided in the record.
- Control: the loan is under special servicing by the JPMDB 2016-C4 trust.
- Entitlement stage is not stated.
- Constraints from context layers (flood, transit, environment) are not provided.
- Market signals from tract data are not available.
What we do not know yet
- Opening date and original anchor tenants are missing.
- Current ownership and exact loan terms are not stated.
- Occupancy levels and zoning designation are unknown.
- Environmental constraints such as flood risk are not detailed.
- The July 2026 special servicing date is in the future and may be model-extracted and unreviewed.
Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Elsewhere on the web
Pages with photos
- Fresno Fashion Fair - 4841 N. 1st Street, Fresno, CA commercialsearch.com
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- distressed loan or foreclosure
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Census division | 9 · Pacific |
|---|---|
| Notes | Record created from a 2024+ transaction, listing or loan report; no retrofit recorded. |
Not yet recorded: acres, GLA, year opened, original developer, what is there now, retrofit year. Know it? Tell us.
Sources
- KBRA affirms JPMDB 2016-C4 · 2026-10-02
1 quoted sentence
The loan transferred to special servicing in July 2026 due to imminent maturity default.