Retail · Metairie, Louisiana
6851 Veterans Memorial Blvd
6851 Veterans Memorial Blvd is financed with a $8.2M CMBS loan at 4.448% that reaches maturity on May 6, 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
- $8,229,465
- Original balance (same notes)
- $10,000,000
- Interest rate
- 4.448% fixed
- Originated
- May 11, 2017
- Maturity
- May 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- January 5, 2027
- Master servicer
- Trimont LLC
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 6851 Veterans Memorial Boulevard, Metairie, LA 70003
- Metro
- New Orleans-Metairie, LA
- Rentable area
- 92,175 sq ft
- Built
- 1969
- Largest tenants
- Northern Tools; Office Depot; Petsmart
- Value at securitization
- $14.7M (Apr 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.80x | 1.66x |
| Occupancy | 89% | 98% |
| Net operating income (annualized from 6 months) | $1.1M | $1.0M |
| Debt yield | 12.3% |
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 UBS Commercial Mortgage Trust 2017-C1 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
- Occupancy has risen from 89% when the loan was securitized to 98%.
- Net operating income is 7% below the underwritten figure ($1.0M a year against $1.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.80x at securitization to 1.66x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.2M | Current | No | 1.66x | 98% |
| August 2026 | $8.2M | Current | No | 1.49x | 98% |
| July 2026 | $8.3M | Current | No | 1.49x | 98% |
| June 2026 | $8.3M | Current | No | 1.49x | 98% |
| May 2026 | $8.3M | Current | No | 2.00x | 98% |
| April 2026 | $8.3M | Current | No | 2.00x | 98% |
| March 2026 | $8.3M | Current | No | 1.89x | 98% |
| February 2026 | $8.4M | Current | No | 1.89x | 98% |
| January 2026 | $8.4M | Current | No | 1.89x | 98% |
| December 2025 | $8.4M | Current | No | 1.89x | 98% |
| November 2025 | $8.4M | Current | No | 1.89x | 98% |
| October 2025 | $8.4M | Current | No | 1.72x | 98% |
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 |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C1 | 33 | $8,229,465 | Sep 2026 | SEC filing, September 28, 2026 |
Other New Orleans-Metairie loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Lakeside Shopping Center | Metairie, LA | Retail | $175.0M | 3.77% | Aug 2027 | 2.34x | 98% | Current |
| Carrollton Avenue Shopping Center | New Orleans, LA | Retail | $20.4M | 4.99% | Jan 2027 | 1.53x | 98% | Current |
| Centre at Westbank | Harvey, LA | Retail | $18.7M | 5.00% | Apr 2027 | 1.78x | 98% | Current |
| Trader Joes Center | Metairie, LA | Retail | $14.5M | 3.90% | Dec 2027 | 2.42x | 79% | Current |
| The Refinery | New Orleans, LA | Mixed use | $8.3M | 4.92% | Apr 2027 | 1.76x | 97% | Current |
| The Shoppes at Mid-City | New Orleans, LA | Retail | $7.7M | 4.73% | Jul 2027 | 1.26x | 100% | Current |
| CVS New Orleans | New Orleans, LA | Retail | $7.2M | 4.708% | Jul 2027 | 1.07x | 100% | Current |
| Best Western Plus - Chalmette | Chalmette, LA | Hotel | $4.5M | 5.416% | Dec 2027 | 0.78x | 52% | 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.