Retail · Canton, Ohio
Belden Park Crossing
Public CMBS trusts hold $45.0M of the loan on Belden Park Crossing at 4.681% that reaches maturity on November 6, 2027, in 12 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $45,000,458
- Original balance (same notes)
- $51,000,000
- Interest rate
- 4.681% fixed
- Originated
- October 13, 2017
- Maturity
- November 6, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- August 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 21, 2020, returned September 17, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 5496 Dressler Road, Canton, OH 44720
- Rentable area
- 483,984 sq ft
- Built
- 1995, renovated 2016
- Largest tenants
- Kohl's Deparment Stores Inc.; Urban Air; Cleveland Furniture - Storage
- Value at securitization
- $68.6M (Sep 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.71x | 1.70x |
| Occupancy | 97% | 85% |
| Net operating income (annualized from 3 months) | $5.4M | $5.5M |
| Debt yield | 12.1% |
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-C7 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Occupancy down 10 points or more from securitization
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 97% when the loan was securitized to 85%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $45.0M | Current | No | 1.70x | 85% |
| August 2026 | $45.1M | Current | No | 1.70x | 85% |
| July 2026 | $45.2M | Current | No | 1.70x | 85% |
| June 2026 | $45.3M | Current | No | 1.70x | 95% |
| May 2026 | $45.3M | Current | No | 1.70x | 95% |
| April 2026 | $45.4M | Current | No | 1.70x | 95% |
| March 2026 | $45.5M | Current | No | 1.80x | 84% |
| February 2026 | $45.6M | Late payment but less than 30 days delinquent | No | 1.80x | 84% |
| January 2026 | $45.7M | Current | No | 1.80x | 84% |
| December 2025 | $45.8M | Current | No | 1.80x | 84% |
| November 2025 | $45.8M | Current | No | 1.80x | 84% |
| October 2025 | $45.9M | Current | No | 1.80x | 84% |
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.
Special-servicing history
- Transferred to the special servicer April 21, 2020, returned to the master servicer September 17, 2020.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-C41 | 8 | $20,294,324 | Sep 2026 | SEC filing, September 29, 2026 |
| UBS Commercial Mortgage Trust 2017-C6 | 21 | $13,235,429 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2017-C7 | 20 | $11,470,705 | Sep 2026 | SEC filing, September 28, 2026 |
Other Ohio loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Edison Park Center | Hartville, OH | Retail | $6.6M | 4.95% | Jun 2027 | 0.09x | 68% | Current |
| Massillon Citi Center | Massillon, OH | Retail | $4.1M | 5.25% | Apr 2027 | 1.41x | 87% | 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.