Office · New Haven, Connecticut
Connecticut Financial Center
Public CMBS trusts hold $28.2M of the loan on Connecticut Financial Center at 4.797% that reaches maturity on February 6, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $28,184,416
- Original balance (same notes)
- $34,125,000
- Interest rate
- 4.797% fixed
- Originated
- January 31, 2017
- Maturity
- February 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- March 5, 2019
- Master servicer
- Trimont LLC
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 157 Church Street, New Haven, CT 06510
- Rentable area
- 470,251 sq ft
- Built
- 1990
- Largest tenants
- YALE UNIVERSITY; GSA; GSA
- Value at securitization
- $70.0M (Dec 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.45x | 2.02x |
| Occupancy | 84% | 75% |
| Net operating income (annualized from 6 months) | $7.0M | $5.8M |
| Debt yield | 20.7% |
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 2017-RB1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x 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 84% when the loan was securitized to 75%.
- Net operating income is 17% below the underwritten figure ($5.8M a year against $7.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.45x at securitization to 2.02x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.2M | Current | No | 2.02x | 75% |
| August 2026 | $28.2M | Current | No | 1.72x | 75% |
| July 2026 | $28.3M | Current | No | 1.72x | 75% |
| June 2026 | $28.4M | Current | No | 1.72x | 75% |
| May 2026 | $28.4M | Current | No | 2.05x | 75% |
| April 2026 | $28.5M | Current | No | 2.05x | 75% |
| March 2026 | $28.6M | Current | No | 2.05x | 75% |
| February 2026 | $28.6M | Current | No | 2.05x | 75% |
| January 2026 | $28.7M | Current | No | 1.89x | 75% |
| December 2025 | $28.8M | Current | No | 1.89x | 75% |
| November 2025 | $28.8M | Current | No | 1.89x | 75% |
| October 2025 | $28.9M | Current | No | 1.89x | 75% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2017-C1 | 12 | $18,789,611 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2017-RB1 | 12 | $9,394,805 | Sep 2026 | SEC filing, September 29, 2026 |
Other Connecticut loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| First Stamford Place | Stamford, CT | Office | $164.0M | 4.088% | Jul 2027 | 1.96x | 80% | With the special servicer |
| Landmark Square | Stamford, CT | Mixed use | $100.0M | 4.97% | Jan 2027 | n/a | n/a | Current |
| Two Harbor Point Square | Stamford, CT | Office | $46.3M | 4.217% | Dec 2027 | 1.45x | 100% | Current |
| The Center at Split Rock | Shelton, CT | Retail | $18.4M | 4.12% | Jun 2027 | 1.51x | 90% | Current |
| Home Depot-Bridgeport, CT | Bridgeport, CT | Retail | $13.8M | 5.15% | Mar 2027 | 1.56x | 100% | Current |
| 1 Forest Parkway | Shelton, CT | Office | $11.8M | 4.78% | May 2027 | 1.68x | 100% | Current |
| Sono Square | Norwalk, CT | Mixed use | $10.3M | 4.81% | Aug 2027 | 1.63x | 84% | Current |
| Fox Run Apartments | Ledyard, CT | Multifamily | $6.4M | 4.83% | May 2027 | 1.66x | 98% | 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.