Office · Shelton, Connecticut
1 Forest Parkway
1 Forest Parkway is financed with a $11.8M CMBS loan at 4.78% that reaches maturity on May 5, 2027, in 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,830,509
- Original balance (same notes)
- $13,230,000
- Interest rate
- 4.78% fixed
- Originated
- May 2, 2017
- Maturity
- May 5, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- July 4, 2019
- Prepayment premium ends
- March 4, 2027
- Master servicer
- Trimont LLC
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1 Forest Parkway, Shelton, CT 06484
- Rentable area
- 78,600 sq ft
- Built
- 1990, renovated 2008
- Largest tenants
- Laboratory Corporation of
- Value at securitization
- $17.6M (Oct 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.68x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $1.2M | $1.4M |
| Debt yield | 11.9% |
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 CSAIL 2017-C8 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Matures 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
- Net operating income is 18% above the underwritten figure ($1.4M a year against $1.2M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.43x at securitization to 1.68x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.8M | Current | No | 1.68x | 100% |
| August 2026 | $11.9M | Current | No | 1.68x | 100% |
| July 2026 | $11.9M | Current | No | 1.33x | 100% |
| June 2026 | $11.9M | Current | No | 1.33x | 100% |
| May 2026 | $11.9M | Current | No | 1.65x | 100% |
| April 2026 | $11.9M | Current | No | 1.65x | 100% |
| March 2026 | $12.0M | Current | No | 1.69x | 100% |
| February 2026 | $12.0M | Current | No | 1.69x | 100% |
| January 2026 | $12.0M | Current | No | 1.73x | 100% |
| December 2025 | $12.0M | Current | No | 1.73x | 100% |
| November 2025 | $12.0M | Current | No | 1.73x | 100% |
| October 2025 | $12.1M | Current | No | 1.73x | 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 |
|---|---|---|---|---|
| CSAIL 2017-C8 Commercial Mortgage Trust | 21 | $11,830,509 | Sep 2026 | SEC filing, September 28, 2026 |
Other Connecticut loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| First Stamford Place | Stamford, CT | Office | $164.0M | 4.088% | Jul 2027 | 1.96x | 80% | With the special servicer |
| Landmark Square | Stamford, CT | Mixed use | $100.0M | 4.97% | Jan 2027 | n/a | n/a | Current |
| Two Harbor Point Square | Stamford, CT | Office | $46.3M | 4.217% | Dec 2027 | 1.45x | 100% | Current |
| Connecticut Financial Center | New Haven, CT | Office | $28.2M | 4.797% | Feb 2027 | 2.02x | 75% | Current |
| The Center at Split Rock | Shelton, CT | Retail | $18.4M | 4.12% | Jun 2027 | 1.51x | 90% | Current |
| Home Depot-Bridgeport, CT | Bridgeport, CT | Retail | $13.8M | 5.15% | Mar 2027 | 1.56x | 100% | Current |
| Sono Square | Norwalk, CT | Mixed use | $10.3M | 4.81% | Aug 2027 | 1.63x | 84% | Current |
| Fox Run Apartments | Ledyard, CT | Multifamily | $6.4M | 4.83% | May 2027 | 1.66x | 98% | 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.