Property
Arbor Ridge
Address
70, 72 & 74 E. Swedesford Road, Malvern, PA 19355
Property type
Office
Status reported
Bank-owned (REO)
Previous month
In foreclosure
Reporting period ending
September 8, 2026
Loan balance
$16,083,206
Payment status
Matured balloon, not performing
Paid through
April 6, 2025
In special servicing since
September 25, 2023
CMBS trust
CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6

In its monthly loan-level report to the SEC for the period ending September 8, 2026 (Form ABS-EE, filed September 25, 2026), CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6 reported the loan secured by Arbor Ridge in Malvern, PA as now bank-owned (REO): the trust has taken title. In the trust's previous monthly report the loan was in foreclosure.

This is the loan servicer's report, not a court record: it gives no case number, and it usually trails the underlying event by a month or two. Whether a foreclosure runs through a court depends on the state. CREdocket lists the property and the trust only, never the borrower.

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From the trust's Exhibit 102 asset data file (SEC Regulation AB, Schedule AL), compared with its previous month's file. Figures are as reported by the servicer. Not legal or investment advice. Something wrong here? Tell us and we will correct it.