Mixed use · Las Vegas, Nevada
Harmon Corner
Public CMBS trusts hold $143.0M of the loan on Harmon Corner at 4.25% that reaches maturity on December 6, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $143,000,000
- Original balance (same notes)
- $143,000,000
- Interest rate
- 4.25% fixed
- Originated
- November 8, 2017
- Maturity
- December 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3717 Las Vegas Boulevard South, Las Vegas, NV 89109
- Metro
- Las Vegas-Henderson-North Las Vegas, NV
- Rentable area
- 68,613 sq ft
- Built
- 2012
- Largest tenants
- Rainforest Cafe; Sugar Factory LLC; Bubba Gump Shrimp Co.
- Value at securitization
- $253.0M (Jun 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.04x | 3.96x |
| Occupancy | 100% | 97% |
| Net operating income (annualized from 6 months) | $12.5M | $24.5M |
| Debt yield | 17.2% |
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 UBS Commercial Mortgage Trust 2017-C7 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 100% when the loan was securitized to 97%.
- Net operating income is 95% above the underwritten figure ($24.5M a year against $12.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.04x at securitization to 3.96x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $143.0M | Current | No | 3.96x | 97% |
| August 2026 | $143.0M | Current | No | 5.08x | 99% |
| July 2026 | $143.0M | Current | No | 5.08x | 99% |
| June 2026 | $143.0M | Current | No | 2.74x | 99% |
| May 2026 | $143.0M | Current | No | 2.74x | 99% |
| April 2026 | $143.0M | Current | No | 2.74x | 100% |
| March 2026 | $143.0M | Current | No | 2.69x | 99% |
| February 2026 | $143.0M | Current | No | 2.69x | 99% |
| January 2026 | $143.0M | Current | No | 2.69x | 99% |
| December 2025 | $143.0M | Current | No | 2.69x | 99% |
| November 2025 | $143.0M | Current | No | 2.98x | 99% |
| October 2025 | $143.0M | Current | No | 2.98x | 99% |
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 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CCUBS Commercial Mortgage Trust 2017-C1 | 6 | $35,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2017-C6 | 7 | $30,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Morgan Stanley Capital I Trust 2017-HR2 | 4 | $30,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Morgan Stanley Capital I Trust 2017-HR2 | 4A | $27,200,000 | Sep 2026 | SEC filing, October 2, 2026 |
| UBS Commercial Mortgage Trust 2017-C7 | 16 | $20,800,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Las Vegas-Henderson-North Las Vegas loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Henderson - Stephanie Pl | Henderson, NV | Self storage | $42.4M | 4.175% | Dec 2027 | n/a | n/a | Current |
| The Gramercy | Las Vegas, NV | Mixed use | $34.1M | 4.167% | May 2027 | 1.49x | 69% | Current |
| The Shops and Gym at Durango Arby Plaza | Las Vegas, NV | Retail | $21.5M | 4.40% | Sep 2027 | n/a | n/a | Current |
| Marnell Corporate Center V | Las Vegas, NV | Office | $20.6M | 5.875% | Dec 2027 | 1.54x | 89% | Current |
| Corporate Center I & III | Las Vegas, NV | Office | $17.5M | 5.77% | Nov 2027 | 1.42x | 97% | Current |
| Ocotillo Plaza, Las Vegas | Las Vegas, NV | Retail | $17.3M | 5.07% | Feb 2027 | n/a | n/a | Current |
| Foothills Plaza | Henderson, NV | Retail | $14.5M | 4.716% | Dec 2027 | 1.90x | 98% | Current |
| Majestic Industrial Portfolio | Las Vegas, NV | Other | $13.4M | 5.03% | Jun 2027 | 6.06x | 100% | Current |
All loans maturing in 2027 · All Las Vegas-Henderson-North Las Vegas 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.