Retail portfolio, 2 properties · Grovetown, Georgia
Ivy Falls Center
This portfolio is financed with a $2.4M CMBS loan at 5.392% that reaches maturity on October 6, 2027, in 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,437,956
- Original balance (same notes)
- $2,850,000
- Interest rate
- 5.392% fixed
- Originated
- October 4, 2017
- Maturity
- October 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 5, 2027
- Master servicer
- Midland
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 500 Oxbow Drive & 701 Devika Drive, Grovetown, GA 30813
- Metro
- Augusta-Richmond County, GA-SC
- Rentable area
- 50,404 sq ft
- Built
- 2005
- Largest tenants
- Ivey Falls Wine & Liquor; Ivey Falls Wine & Liquor( 500-502); Azteca Maya Mexican Restaurant (508-510)
- Value at securitization
- $4.4M (Jul 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.66x | 1.51x |
| Occupancy | 95% | 100% |
| Net operating income (annualized from 3 months) | $319K | $294K |
| Debt yield | 12.0% |
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-C5 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 risen from 95% when the loan was securitized to 100%.
- Net operating income is 8% below the underwritten figure ($294K a year against $319K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.66x at securitization to 1.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.4M | Current | No | 1.51x | 100% |
| August 2026 | $2.4M | Current | No | n/a | n/a |
| July 2026 | $2.4M | Current | No | n/a | n/a |
| June 2026 | $2.5M | Current | No | n/a | n/a |
| May 2026 | $2.5M | Current | No | n/a | n/a |
| April 2026 | $2.5M | Current | No | 1.99x | 100% |
| March 2026 | $2.5M | Current | No | 1.99x | 100% |
| February 2026 | $2.5M | Current | No | 1.99x | 100% |
| January 2026 | $2.5M | Current | No | 1.99x | 100% |
| December 2025 | $2.5M | Current | No | 1.99x | 100% |
| November 2025 | $2.5M | Current | No | 1.99x | 100% |
| October 2025 | $2.5M | Current | No | 1.99x | 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 |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C5 | 44 | $2,437,956 | Sep 2026 | SEC filing, September 28, 2026 |
Other Augusta-Richmond County loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Holiday Inn Express - Augusta | Augusta, GA | Hotel | $7.9M | 4.98% | May 2027 | n/a | n/a | Current |
| Towneplace Suites Aiken | Aiken, SC | Hotel | $5.7M | 4.80% | Jul 2027 | 2.17x | 67% | Current |
All loans maturing in 2027 · All Augusta-Richmond County 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.