Retail · Lake Jackson, Texas
Brazos Square
Brazos Square is financed with a $3.9M CMBS loan at 4.42% that reaches maturity on October 11, 2027, in 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,949,525
- Original balance (same notes)
- $5,150,000
- Interest rate
- 4.42% fixed
- Originated
- September 29, 2017
- Maturity
- October 11, 2027
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- July 10, 2027
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 120 Highway 332 West, Lake Jackson, TX 77566
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 65,408 sq ft
- Built
- 1985, renovated 2006
- Largest tenants
- Bayou Seafood LLC; TONY'S DAY SPA; ARMED FORCES RECRUITER
- Value at securitization
- $9.4M (Sep 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.04x | 1.06x |
| Occupancy | 86% | 63% |
| Net operating income (annualized from 3 months) | $694K | $365K |
| Debt yield | 9.2% |
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 BANK 2017-BNK8 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% 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 86% when the loan was securitized to 63%.
- Net operating income is 47% below the underwritten figure ($365K a year against $694K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.04x at securitization to 1.06x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.9M | Current | No | 1.06x | 63% |
| August 2026 | $4.0M | Current | No | 1.06x | 63% |
| July 2026 | $4.0M | Current | No | 1.06x | 63% |
| June 2026 | $4.0M | Current | No | 1.06x | 63% |
| May 2026 | $4.0M | Current | No | 0.52x | 56% |
| April 2026 | $4.0M | Current | No | 0.52x | 56% |
| March 2026 | $4.0M | Current | No | 0.33x | 56% |
| February 2026 | $4.0M | Current | No | 0.33x | 56% |
| January 2026 | $4.1M | Current | No | 0.33x | 56% |
| December 2025 | $4.1M | Current | No | 0.33x | 56% |
| November 2025 | $4.1M | Current | No | 0.52x | 47% |
| October 2025 | $4.1M | Current | No | 0.52x | 47% |
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 |
|---|---|---|---|---|
| BANK 2017-BNK8 | 33 | $3,949,525 | Sep 2026 | SEC filing, October 1, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Market Street - The Woodlands | The Woodlands, TX | Retail | $175.0M | 4.085% | Jun 2027 | n/a | n/a | Current |
| Baybrook Lifestyle and Power Center | Friendswood, TX | Retail | $140.0M | 3.77% | Dec 2027 | 3.78x | 99% | Current |
| Lyric Centre | Houston, TX | Office | $48.0M | 4.199% | Feb 2027 | 3.06x | 81% | Current |
| Remington Park | Houston, TX | Multifamily | $42.5M | 4.04% | Oct 2027 | 2.18x | 93% | Current |
| Doubletree Greenway Houston | Houston, TX | Hotel | $32.5M | 5.06% | Feb 2027 | 1.76x | 55% | Current |
| Center at Pearland Parkway | Pearland, TX | Retail | $25.6M | 4.222% | Jul 2027 | 2.73x | 96% | Current |
| Shops On Sage | Houston, TX | Retail | $15.3M | 5.657% | Mar 2027 | n/a | n/a | Current |
| Willow Bend Apartments | Houston, TX | Multifamily | $13.2M | 4.514% | Jul 2027 | 1.84x | 88% | Current |
All loans maturing in 2027 · All Houston-Pasadena-The Woodlands 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.