Multifamily · Portland, Oregon
Dorian Apartments
Dorian Apartments is financed with a $10.2M CMBS loan at 4.783% that reaches maturity on November 5, 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
- $10,200,000
- Original balance (same notes)
- $10,200,000
- Interest rate
- 4.783% fixed
- Originated
- October 30, 2017
- Maturity
- November 5, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 4, 2027
- Master servicer
- Trimont LLC
- Originator
- Natixis
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred February 16, 2021, returned June 1, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently November 5, 2020
- Defeasance
- None reported
The property
- Address
- 1452 East Burnside Street, Portland, OR 97214
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- Units, rooms or beds
- 40
- Built
- 2016
- Value at securitization
- $17.3M (Oct 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.57x | 0.61x |
| Occupancy | 93% | 90% |
| Net operating income | $774K | $299K |
| Debt yield | 2.9% |
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 UBS Commercial Mortgage Trust 2017-C6 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 93% when the loan was securitized to 90%.
- Net operating income is 61% below the underwritten figure ($299K a year against $774K).
- Debt service coverage moved from 1.57x at securitization to 0.61x on the latest statements.
- At 0.61x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $15.4M (March 24, 2021), against $17.3M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.2M | Current | No | 0.61x | 90% |
| August 2026 | $10.2M | Current | No | 0.61x | 90% |
| July 2026 | $10.2M | Current | No | 0.61x | 90% |
| June 2026 | $10.2M | Current | No | 0.61x | 90% |
| May 2026 | $10.2M | Current | No | 0.61x | 90% |
| April 2026 | $10.2M | Current | No | 0.61x | 90% |
| March 2026 | $10.2M | Current | No | 0.58x | 96% |
| February 2026 | $10.2M | Current | No | 0.58x | 96% |
| January 2026 | $10.2M | Current | No | 0.58x | 96% |
| December 2025 | $10.2M | Current | No | 0.54x | 79% |
| November 2025 | $10.2M | Current | No | 0.54x | 79% |
| October 2025 | $10.2M | Current | No | 0.54x | 79% |
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 February 16, 2021, returned to the master servicer June 1, 2022.
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C6 | 26 | $10,200,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Portland-Vancouver-Hillsboro loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 2020 Southwest 4th Avenue | Portland, OR | Office | $44.3M | 3.961% | Dec 2027 | 2.24x | 69% | Current |
| Hotel Eastlund | Portland, OR | Hotel | $36.7M | 4.98% | Mar 2027 | 0.75x | 65% | With the special servicer and 90+ days delinquent |
| Oregon City Shopping Center | Oregon City, OR | Retail | $22.5M | 4.30% | Jun 2027 | 2.00x | 80% | Current |
| Cascade Building | Portland, OR | Mixed use | $10.0M | 3.645% | Oct 2027 | 0.42x | 42% | With the special servicer |
| Orchards Market Center | Vancouver, WA | Retail | $4.3M | 4.53% | May 2027 | 2.39x | 91% | Current |
| Ramada Portland East | Portland, OR | Hotel | $3.4M | 6.13% | Nov 2027 | n/a | n/a | Current |
All loans maturing in 2027 · All Portland-Vancouver-Hillsboro 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.