Multifamily · Philadelphia, Pennsylvania

Fairmount at Brewerytown

Fairmount at Brewerytown is financed with a $14.0M CMBS loan at 5.00% that reaches maturity on September 6, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.

The loan

Balance in tracked trusts
$14,000,000
Original balance (same notes)
$14,000,000
Interest rate
5.00% fixed
Originated
August 17, 2017
Maturity
September 6, 2027
Payments
Interest only for the full term
Prepayment lockout ends
June 5, 2027
Master servicer
Trimont LLC
Originator
UBS AG

Status

Payment status
90+ days delinquent (code 3)
Special servicing
Transferred July 15, 2025
Workout strategy
TBD
Modified
Yes, most recently December 9, 2021
Defeasance
None reported

The property

Address
3000-3050 Master Street A/k/a 1363 North 31st Street, Philadelphia, PA 19121
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Units, rooms or beds
161
Built
1928, renovated 2016
Value at securitization
$48.6M (Jun 2017)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Sep 2025)
DSCR (NOI)1.68x1.08x
Occupancy98%89%
Net operating income (annualized from 9 months)$2.4M$1.5M
Debt yield11.0%

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 UBS Commercial Mortgage Trust 2017-C4 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.

  • With the special servicer
  • 30+ days delinquent or matured unpaid
  • Coverage down 0.25x or more from securitization
  • NOI down 20% or more from securitization
  • Matures within 12 months
  • 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 98% when the loan was securitized to 89%.
  • Net operating income is 36% below the underwritten figure ($1.5M a year against $2.4M; the latest statement covers 9 months, annualized).
  • Debt service coverage moved from 1.68x at securitization to 1.08x on the latest statements.
  • The most recent valuation in the filing is $31.1M (April 17, 2026), against $48.6M at securitization.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$14.0M90+ days delinquentYes1.08x89%
August 2026$14.0M90+ days delinquentYes1.08x89%
July 2026$14.0M90+ days delinquentYes1.08x89%
June 2026$14.0M90+ days delinquentYes1.08x89%
May 2026$14.0M60-89 days delinquentYes1.08x89%
April 2026$14.0M60-89 days delinquentYes1.08x89%
March 2026$14.0M60-89 days delinquentYes1.08x89%
February 2026$14.0M30-59 days delinquentYes1.08x89%
January 2026$14.0M60-89 days delinquentYes1.43x87%
December 2025$14.0M90+ days delinquentYes1.43x87%
November 2025$14.0M90+ days delinquentYes1.43x87%
October 2025$14.0M90+ days delinquentYes1.43x87%

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 July 15, 2025, still there.

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.

TrustLoan no.BalanceReport periodSource
UBS Commercial Mortgage Trust 2017-C49$14,000,000Sep 2026SEC filing, September 28, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Philadelphia-Camden-Wilmington loans due in 2027

Property Location Type Balance Rate Matures DSCR Occ. Status
Apex Fort Washington Fort Washington, PA Office $48.0M 5.28% Mar 2027 1.12x 66% Current
Riverview Landing Eagleville, PA Multifamily $44.0M 4.944% Nov 2027 1.32x 93% Current
Rodin Place Philadelphia, PA Mixed use $41.6M 4.35% Aug 2027 1.55x 76% Current
Great Valley Commerce Center Malvern, PA Office $40.9M 4.48% Aug 2027 1.91x 86% Current
Overlook at King of Prussia King of Prussia, PA Retail $40.8M 3.82% Sep 2027 2.17x 100% Current
Kirkwood Plaza Wilmington, DE Retail $32.5M 4.59% Nov 2027 2.06x 79% Current
Bakers Centre Philadelphia, PA Retail $32.0M 3.942% Nov 2027 3.06x 100% Current
Valley Creek Corporate Center Exton, PA Office $31.6M 4.30% Jun 2027 1.18x 49% With the special servicer

All loans maturing in 2027 · All Philadelphia-Camden-Wilmington 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.