Retail · Huntersville, North Carolina
Huntersville Square
Huntersville Square is financed with a $8.2M CMBS loan at 4.70% that reaches maturity on May 6, 2027, in 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $8,201,118
- Original balance (same notes)
- $9,170,000
- Interest rate
- 4.70% fixed
- Originated
- April 21, 2017
- Maturity
- May 6, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- July 5, 2019
- Prepayment premium ends
- February 5, 2027 (yield maintenance)
- Master servicer
- Grandbridge
- Originator
- CREFI
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 706 Gilead Road, Huntersville, NC 28078
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Rentable area
- 91,517 sq ft
- Built
- 1972, renovated 2004
- Largest tenants
- Food Lion, LLC; Forge MX LLC; AV8 Fitness LLC
- Value at securitization
- $12.7M (Apr 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.49x | 1.06x |
| Occupancy | 86% | 95% |
| Net operating income | $852K | $607K |
| Debt yield | 7.4% |
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 Morgan Stanley Capital I Trust 2017-H1 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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 risen from 86% when the loan was securitized to 95%.
- Net operating income is 29% below the underwritten figure ($607K a year against $852K).
- Debt service coverage moved from 1.49x at securitization to 1.06x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.2M | Late payment but less than 30 days delinquent | No | 1.06x | 95% |
| August 2026 | $8.2M | Current | No | 1.01x | 89% |
| July 2026 | $8.2M | Current | No | 1.01x | 89% |
| June 2026 | $8.2M | Current | No | 1.01x | 89% |
| May 2026 | $8.2M | Current | No | n/a | n/a |
| April 2026 | $8.3M | Current | No | 0.96x | 100% |
| March 2026 | $8.3M | Current | No | 0.96x | 100% |
| February 2026 | $8.3M | Current | No | 0.96x | 100% |
| January 2026 | $8.3M | Current | No | 0.96x | 100% |
| December 2025 | $8.3M | Current | No | 0.96x | 100% |
| November 2025 | $8.3M | Current | No | 1.10x | 100% |
| October 2025 | $8.3M | Current | No | 1.10x | 100% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2017-H1 | 35 | $8,201,118 | Sep 2026 | SEC filing, October 2, 2026 |
Other Charlotte-Concord-Gastonia loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| RSI Home Products Distribution | Lincolnton, NC | Industrial | $33.5M | 4.978% | Feb 2027 | 2.23x | 100% | Current |
| Hyatt Place Charlotte Downtown | Charlotte, NC | Hotel | $22.8M | 5.503% | Feb 2027 | 1.45x | 60% | Current |
| Charlotte Southpark Marriott | Charlotte, NC | Hotel | $20.8M | 4.90% | Apr 2027 | 2.40x | 73% | Current |
| Midtown Crossing | Charlotte, NC | Retail | $19.5M | 5.02% | Jan 2027 | 1.67x | 100% | Current |
| Whitehall Corporate Center VI | Charlotte, NC | Office | $12.0M | 5.17% | Jan 2027 | 1.41x | 76% | Current |
| Packard Place | Charlotte, NC | Mixed use | $6.7M | 4.55% | May 2027 | 0.59x | 40% | Current |
| Village At Oakhurst | Cornelius, NC | Mixed use | $5.0M | 5.16% | Apr 2027 | 2.17x | 100% | Current |
| Sleep Inn University Place | Charlotte, NC | Hotel | $4.3M | 5.27% | Apr 2027 | n/a | n/a | Current |
All loans maturing in 2027 · All Charlotte-Concord-Gastonia 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.