Multifamily portfolio, 6 properties · Connecticut
New Haven Multifamily Portfolio
This portfolio is financed with a $16.6M CMBS loan at 4.45% that reaches maturity on August 1, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $16,618,059
- Original balance (same notes)
- $17,500,000
- Interest rate
- 4.45% fixed
- Originated
- July 9, 2020
- Maturity
- August 1, 2030
- Payments
- Interest only for 37 months, then amortizing
- Prepayment lockout ends
- April 30, 2030
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred December 5, 2025
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Units, rooms or beds
- 240
- Value at securitization
- $30.3M
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.47x | 1.32x |
| Occupancy | 93% | 88% |
| Net operating income (annualized from 3 months) | $1.6M | $1.4M |
| Debt yield | 8.6% |
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 2020-HR8 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
On the cmbs.news watch list in every report since November 2025.
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 93% when the loan was securitized to 88%.
- Net operating income is 9% below the underwritten figure ($1.4M a year against $1.6M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.47x at securitization to 1.32x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.6M | Current | Yes | 1.32x | 88% |
| August 2026 | $16.6M | Current | Yes | 1.32x | 88% |
| July 2026 | $16.7M | Late payment but less than 30 days delinquent | Yes | 2.15x | 87% |
| June 2026 | $16.9M | 90+ days delinquent | Yes | 2.15x | 87% |
| May 2026 | $16.9M | 90+ days delinquent | Yes | 2.15x | 87% |
| April 2026 | $16.9M | 90+ days delinquent | Yes | 2.15x | 87% |
| March 2026 | $16.9M | 90+ days delinquent | Yes | 1.70x | 96% |
| February 2026 | $16.9M | 90+ days delinquent | Yes | 1.70x | 96% |
| January 2026 | $16.9M | 90+ days delinquent | Yes | 1.70x | 96% |
| December 2025 | $16.9M | 60-89 days delinquent | Yes | 1.70x | 96% |
| November 2025 | $16.9M | 30-59 days delinquent | No | 1.49x | 95% |
| October 2025 | $16.9M | Late payment but less than 30 days delinquent | No | 1.49x | 95% |
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 December 5, 2025, 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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2020-HR8 | 14 | $16,618,059 | Sep 2026 | SEC filing, October 2, 2026 |
Other Connecticut loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Link | Stamford, CT | Office | $115.0M | 7.379% | Mar 2030 | 2.16x | 92% | Current |
| Project Wing Industrial | Windsor, CT | Industrial | $70.0M | 6.552% | Oct 2030 | n/a | n/a | Current |
| Up House Apartments | Farmington, CT | Multifamily | $42.5M | 5.92% | Apr 2030 | 1.31x | 89% | Late, less than 30 days |
| Naugatuck Valley Shopping Center | Waterbury, CT | Retail | $26.1M | 5.15% | Apr 2030 | 0.95x | 57% | Current |
| 50 Danbury (Unit 50 Wilton Corporate park ) | Wilton, CT | Office | $16.5M | 6.445% | Nov 2030 | 2.41x | 84% | Current |
| Four Research Drive | Shelton, CT | Office | $16.0M | 4.20% | Jan 2030 | n/a | n/a | With the special servicer |
| Milford Square | Milford, CT | Retail | $16.0M | 6.70% | Oct 2030 | n/a | n/a | Current |
| Cedar Village at Minerva Square | Derby, CT | Multifamily | $15.0M | 6.40% | Jul 2030 | n/a | n/a | 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.