Retail · Baltimore, Maryland
Dogwood Station
Dogwood Station is financed with a $10.8M CMBS loan at 5.38% that reaches maturity on December 6, 2026, in 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,765,694
- Original balance (same notes)
- $12,000,000
- Interest rate
- 5.38% fixed
- Originated
- December 6, 2016
- Maturity
- December 6, 2026
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- March 5, 2019
- Master servicer
- Trimont LLC
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2301 North Rolling Road, Baltimore, MD 21244
- Metro
- Baltimore-Columbia-Towson, MD
- Rentable area
- 85,588 sq ft
- Built
- 1991, renovated 2016
- Largest tenants
- Dollar Tree; Family Dollar; Clearway Pain Surgery Center LLC
- Value at securitization
- $17.4M (Nov 2016)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 1.20x |
| Occupancy | 94% | 69% |
| Net operating income | $1.1M | $969K |
| Debt yield | 9.0% |
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 BBCMS Mortgage Trust 2017-C1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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 94% when the loan was securitized to 69%.
- Net operating income is 15% below the underwritten figure ($969K a year against $1.1M).
- Debt service coverage moved from 1.41x at securitization to 1.20x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.8M | Current | No | 1.20x | 69% |
| August 2026 | $10.8M | Current | No | 1.20x | 69% |
| July 2026 | $10.8M | Current | No | 1.20x | 69% |
| June 2026 | $10.8M | Current | No | 1.20x | 69% |
| May 2026 | $10.8M | Current | No | 1.24x | 69% |
| April 2026 | $10.9M | Current | No | 1.24x | 69% |
| March 2026 | $10.9M | Current | No | 1.24x | 69% |
| February 2026 | $10.9M | Current | No | 1.24x | 69% |
| January 2026 | $10.9M | Current | No | 1.24x | 69% |
| December 2025 | $10.9M | Current | No | 1.14x | 69% |
| November 2025 | $10.9M | Current | No | 1.14x | 69% |
| October 2025 | $11.0M | Current | No | 1.14x | 69% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2017-C1 | 25 | $10,765,694 | Sep 2026 | SEC filing, September 29, 2026 |
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.