Industrial portfolio, 11 properties · Multiple locations
Midwest Industrial Portfolio
Public CMBS trusts hold $14.2M of the loan on this portfolio at 4.763% that reaches maturity on December 6, 2026, in 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,221,211
- Original balance (same notes)
- $15,400,000
- Interest rate
- 4.763% fixed
- Originated
- November 21, 2016
- Maturity
- December 6, 2026
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- March 5, 2019
- Master servicer
- Trimont LLC
- Originator
- Barclays
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Value at securitization
- $54.0M
Performance
| At securitization | Latest (Sep 2025) | |
|---|---|---|
| DSCR (NOI) | 1.57x | 1.70x |
| Occupancy | 90% | 85% |
| Net operating income (annualized from 9 months) | $3.8M | $2.7M |
| Debt yield | 19.1% |
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 2017-C1 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- 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 fallen from 90% when the loan was securitized to 85%.
- Net operating income is 28% below the underwritten figure ($2.7M a year against $3.8M; the latest statement covers 9 months, annualized).
- Debt service coverage moved from 1.57x at securitization to 1.70x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.2M | Current | No | 1.70x | 85% |
| August 2026 | $14.2M | Current | No | 1.70x | 85% |
| July 2026 | $14.3M | Current | No | 1.70x | 85% |
| June 2026 | $14.3M | Current | No | 1.70x | 85% |
| May 2026 | $14.3M | Current | No | 1.70x | 85% |
| April 2026 | $14.3M | Current | No | 1.70x | 85% |
| March 2026 | $14.4M | Current | No | 1.70x | 85% |
| February 2026 | $14.4M | Late payment but less than 30 days delinquent | No | 1.70x | 85% |
| January 2026 | $12.3M | Late payment but less than 30 days delinquent | No | 1.70x | 85% |
| December 2025 | $14.4M | Current | No | 1.70x | 85% |
| November 2025 | $14.4M | Current | No | 1.18x | 94% |
| October 2025 | $14.5M | Current | No | 1.18x | 94% |
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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2017-C1 | 19 | $6,332,392 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2017-C1 | 19A | $3,120,159 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2017-C1 | 19B | $2,728,428 | Sep 2026 | SEC filing, September 29, 2026 |
| BBCMS Mortgage Trust 2017-C1 | 19C | $2,040,233 | Sep 2026 | SEC filing, September 29, 2026 |
Other industrial loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Willco Business Center | Gaithersburg, MD | Industrial | $22.0M | 4.786% | Dec 2026 | 1.27x | 80% | Current |
| Cicero Industrial | Cicero, IL | Industrial | $16.7M | 4.25% | Nov 2026 | 3.22x | 93% | Current |
| 2233 South Throop Street | Chicago, IL | Industrial | $15.0M | 3.34% | Oct 2026 | 3.09x | 100% | Current |
| 1-11 South Market Street | Passaic, NJ | Industrial | $13.8M | 4.14% | May 2026 | 1.44x | 100% | With the special servicer |
| Eliken Industrial Portfolio | Industrial | $9.3M | 4.394% | Nov 2026 | 4.57x | 100% | Current | |
| Tonnelle Square Two | North Bergen, NJ | Industrial | $8.1M | 4.03% | Sep 2026 | n/a | n/a | Past maturity and not performing |
| Integer Medical Manufacturing Facility | Trenton, GA | Industrial | $7.4M | 4.60% | Oct 2026 | 2.09x | 100% | Current |
| Southwest Business Center | Las Vegas, NV | Industrial | $6.7M | 4.398% | Nov 2026 | 1.89x | 78% | Current |
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.