Office · Marlborough, Massachusetts
67 Forest Street
67 Forest Street is financed with a $5.0M CMBS loan at 4.66% that reaches maturity on July 6, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,033,478
- Original balance (same notes)
- $5,750,000
- Interest rate
- 4.66% fixed
- Originated
- July 3, 2019
- Maturity
- July 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 67 Forest Street, Marlborough, MA 01752
- Metro
- Boston-Cambridge-Newton, MA-NH
- Rentable area
- 62,610 sq ft
- Built
- 1984, renovated 2019
- Largest tenants
- The Commonwealth; Security 101; Mount Prospect Academy INC
- Value at securitization
- $8.6M (May 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.70x | 0.79x |
| Occupancy | 83% | 73% |
| Net operating income (annualized from 3 months) | $604K | $284K |
| Debt yield | 5.7% |
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 Wells Fargo Commercial Mortgage Trust 2019-C52 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since June 2026.
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 83% when the loan was securitized to 73%.
- Net operating income is 53% below the underwritten figure ($284K a year against $604K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.70x at securitization to 0.79x on the latest statements.
- At 0.79x, the property's reported NOI does not cover its debt service.
- The filing gives Jun 2029 as the lease end date for the largest tenant (The Commonwealth), 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 | $5.0M | Current | No | 0.79x | 73% |
| August 2026 | $5.0M | Current | No | 0.79x | 73% |
| July 2026 | $5.1M | Current | No | 0.79x | 73% |
| June 2026 | $5.1M | Current | No | 0.79x | 73% |
| May 2026 | $5.1M | Current | No | 1.38x | 72% |
| April 2026 | $5.1M | Current | No | 1.38x | 72% |
| March 2026 | $5.1M | Current | No | 1.38x | 72% |
| February 2026 | $5.1M | Current | No | 1.42x | 67% |
| January 2026 | $5.1M | Current | No | 1.42x | 67% |
| December 2025 | $5.1M | Current | No | 1.42x | 67% |
| November 2025 | $5.1M | Current | No | 1.57x | 68% |
| October 2025 | $5.1M | Current | No | 1.57x | 68% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C52 | 48 | $5,033,478 | Sep 2026 | SEC filing, September 29, 2026 |
Other Boston-Cambridge-Newton loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 610 Main Street North | Cambridge, MA | Mixed use | $160.0M | 3.797% | Jun 2029 | n/a | n/a | Current |
| 39R Medford Street | Somerville, MA | Self storage | $118.0M | 5.99% | Sep 2029 | n/a | n/a | Current |
| 30 Jacks Bridge Road | Londonderry, NH | Industrial | $116.0M | 3.82% | Nov 2029 | n/a | n/a | Current |
| 200 Sidney | Cambridge, MA | Mixed use | $103.5M | 5.488% | Aug 2029 | n/a | n/a | Current |
| 125 Summer | Boston, MA | Office | $102.6M | 6.567% | Nov 2029 | 1.92x | 89% | Current |
| Linx | Watertown, MA | Mixed use | $94.0M | 5.795% | Sep 2029 | 2.22x | 90% | Current |
| 201 Merrimack Street | Lawrence, MA | Industrial | $62.5M | 6.89% | Sep 2029 | n/a | n/a | Current |
| 280 and 290 Merrimack Street | Lawrence, MA | Mixed use | $60.0M | 7.01% | Dec 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All Boston-Cambridge-Newton loans
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.