Office · Englewood, Colorado
Meridian One Colorado
Meridian One Colorado is financed with a $15.9M CMBS loan at 3.91% that reaches maturity on January 1, 2030, in 3 years and 2 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
- $15,944,545
- Original balance (same notes)
- $16,400,000
- Interest rate
- 3.91% fixed
- Originated
- December 17, 2019
- Maturity
- January 1, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- September 30, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred July 5, 2023
- Workout strategy
- Other
- Advancing
- The servicer has stopped advancing on this loan (non-recoverable)
- Defeasance
- None reported
The property
- Address
- 9785 Maroon Circle, Englewood, CO 80112
- Metro
- Denver-Aurora-Centennial, CO
- Rentable area
- 140,416 sq ft
- Built
- 1984, renovated 2016
- Largest tenants
- Partners in Pediatrics Ltd.; American Sheep Industry Assoc.; Auto Owners Insurance Company
- Value at securitization
- $23.6M (Nov 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.11x | -0.74x |
| Occupancy | 100% | 16% |
| Net operating income | $2.0M | $-684K |
| Debt yield | -4.3% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BBCMS Mortgage Trust 2020-C7 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Servicer stopped advancing
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 100% when the loan was securitized to 16%.
- Net operating income is 135% below the underwritten figure ($-684K a year against $2.0M).
- Debt service coverage moved from 2.11x at securitization to -0.74x on the latest statements.
- At -0.74x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $6.0M (April 8, 2026), against $23.6M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.9M | 90+ days delinquent | Yes | -0.74x | 16% |
| August 2026 | $15.9M | 90+ days delinquent | Yes | -0.74x | 16% |
| July 2026 | $15.9M | 90+ days delinquent | Yes | -0.74x | 16% |
| June 2026 | $15.9M | 90+ days delinquent | Yes | -0.74x | 16% |
| May 2026 | $15.9M | 90+ days delinquent | Yes | -0.77x | 16% |
| April 2026 | $16.3M | 90+ days delinquent | Yes | -0.77x | 16% |
| March 2026 | $16.3M | 90+ days delinquent | Yes | -0.77x | 16% |
| February 2026 | $16.3M | 90+ days delinquent | Yes | -0.77x | 16% |
| January 2026 | $16.3M | 90+ days delinquent | Yes | -0.82x | 16% |
| December 2025 | $16.3M | 90+ days delinquent | Yes | -0.82x | 16% |
| November 2025 | $16.3M | 90+ days delinquent | Yes | -0.82x | 16% |
| October 2025 | $16.3M | 90+ days delinquent | Yes | -1.00x | 16% |
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 5, 2023, 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.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2020-C7 | 17 | $15,944,545 | Sep 2026 | SEC filing, September 29, 2026 |
Other Denver-Aurora-Centennial loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Westin Westminster | Westminster, CO | Hotel | $77.2M | 6.511% | Sep 2030 | 1.85x | 60% | Current |
| Seven Hills Plaza Property | Aurora, CO | Mixed use | $57.9M | 3.67% | Mar 2030 | n/a | n/a | With the special servicer |
| Landmark Corporate Center | Greenwood Village, CO | Office | $25.4M | 4.25% | Aug 2030 | 1.42x | 51% | With the special servicer and 90+ days delinquent |
| Warwick Denver | Denver, CO | Hotel | $23.0M | 7.45% | Feb 2030 | 0.99x | 65% | Current |
| Amc Theatres Highlands Ranch | Highlands Ranch, CO | Retail | $21.0M | 7.60% | Oct 2030 | 1.73x | 100% | Current |
| Springhill Suites Denver West | Lakewood, CO | Hotel | $17.6M | 6.49% | Oct 2030 | n/a | n/a | Current |
| Brookhill Village | Westminster, CO | Retail | $13.7M | 7.082% | Jan 2030 | 1.43x | 97% | Current |
| Woodlawn Center | Littleton, CO | Retail | $9.2M | 6.25% | Sep 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Denver-Aurora-Centennial 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.