Office · St. Petersburg, Florida
Baypoint Commerce Center
Public CMBS trusts hold $21.8M of the loan on Baypoint Commerce Center at 4.733% that reaches maturity on April 6, 2027, in 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $21,792,529
- Original balance (same notes)
- $25,000,000
- Interest rate
- 4.733% fixed
- Originated
- April 7, 2017
- Maturity
- April 6, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- December 5, 2026
- Master servicer
- Trimont LLC
- Originator
- UBSAG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 877 Executive Center Drive, St. Petersburg, FL 33702
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 689,778 sq ft
- Built
- 1971, renovated 2016
- Largest tenants
- General Services Administration; Decisionhr Holdings Inc; SORREN INC.
- Value at securitization
- $62.0M (Jan 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.29x | 1.45x |
| Occupancy | 85% | 72% |
| Net operating income (annualized from 3 months) | $5.7M | $3.7M |
| Debt yield | 16.9% |
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 CFCRE 2017-C8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- 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 fallen from 85% when the loan was securitized to 72%.
- Net operating income is 36% below the underwritten figure ($3.7M a year against $5.7M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.29x at securitization to 1.45x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $21.8M | Current | No | 1.45x | 72% |
| August 2026 | $21.8M | Current | No | 1.45x | 72% |
| July 2026 | $21.9M | Current | No | 1.45x | 72% |
| June 2026 | $21.9M | Current | No | 1.45x | 72% |
| May 2026 | $22.0M | Current | No | 1.45x | 72% |
| April 2026 | $22.0M | Current | No | 1.62x | 73% |
| March 2026 | $22.0M | Current | No | 1.62x | 73% |
| February 2026 | $22.1M | Current | No | 1.62x | 73% |
| January 2026 | $22.1M | Current | No | 1.62x | 73% |
| December 2025 | $22.2M | Current | No | 1.70x | 72% |
| November 2025 | $22.2M | Current | No | 1.70x | 72% |
| October 2025 | $22.3M | Current | No | 1.70x | 72% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C1 | 10 | $13,075,518 | Sep 2026 | SEC filing, September 28, 2026 |
| CFCRE 2017-C8 Mortgage Trust | 21 | $8,717,011 | Sep 2026 | SEC filing, September 30, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sienna Bay | St. Petersburg, FL | Multifamily | $21.5M | 4.40% | May 2027 | 1.16x | 84% | Current |
| Northwoods Center | Wesley Chapel, FL | Retail | $15.8M | 4.41% | Sep 2027 | 1.97x | 100% | Current |
| Shoppes at New Tampa | Wesley Chapel, FL | Retail | $11.7M | 4.88% | Apr 2027 | 1.89x | 100% | Current |
| The Fountains | Palm Harbor, FL | Retail | $10.3M | 4.682% | Sep 2027 | 1.68x | 82% | Current |
| Cortez Commons | Brooksville, FL | Retail | $10.3M | 5.00% | Apr 2027 | 1.73x | 100% | Current |
| Royal Oaks Shopping Center | Valrico, FL | Retail | $8.4M | 4.63% | Sep 2027 | 1.65x | 100% | Current |
| Walgreens - Clearwater | Clearwater, FL | Retail | $3.9M | 4.39% | Jul 2027 | 2.36x | 100% | Current |
All loans maturing in 2027 · All Tampa-St. Petersburg-Clearwater 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.