Office · Hartford, Connecticut
One Financial Plaza
One Financial Plaza is financed with a $45.8M CMBS loan at 4.39% that reaches maturity on June 1, 2029, in 2 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $45,847,081
- Original balance (same notes)
- $47,586,000
- Interest rate
- 4.39% fixed
- Originated
- May 24, 2019
- Maturity
- June 1, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- February 28, 2029
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 755 Main Street, Hartford, CT 06103
- Rentable area
- 621,830 sq ft
- Built
- 1974, renovated 2018
- Largest tenants
- VIRTUS INVESTMENT PARTNERS; CONNING & COMPANY; GLOBAL ATLANTIC
- Value at securitization
- $71.5M (Dec 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.30x | 0.71x |
| Occupancy | 94% | 63% |
| Net operating income | $6.6M | $1.8M |
| Debt yield | 3.8% |
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 BANK 2019-BNK19 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- 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
On the cmbs.news watch list in every report since March 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 94% when the loan was securitized to 63%.
- Net operating income is 73% below the underwritten figure ($1.8M a year against $6.6M).
- Debt service coverage moved from 2.30x at securitization to 0.71x on the latest statements.
- At 0.71x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $45.8M | Current | No | 0.71x | 63% |
| August 2026 | $45.9M | Current | No | 0.71x | 63% |
| July 2026 | $46.0M | Current | No | 0.71x | 63% |
| June 2026 | $46.0M | Current | No | 0.71x | 63% |
| May 2026 | $46.1M | Current | No | 0.71x | 63% |
| April 2026 | $46.2M | Current | No | 0.71x | 63% |
| March 2026 | $46.2M | Current | No | 0.71x | 63% |
| February 2026 | $46.3M | Current | No | 1.45x | 73% |
| January 2026 | $46.4M | Current | No | 1.45x | 73% |
| December 2025 | $46.4M | Current | No | 1.45x | 73% |
| November 2025 | $46.5M | Current | No | 1.45x | 73% |
| October 2025 | $46.6M | Current | No | 1.45x | 73% |
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 |
|---|---|---|---|---|
| BANK 2019-BNK19 | 11 | $45,847,081 | Sep 2026 | SEC filing, September 29, 2026 |
Other Connecticut loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| iPark Norwalk | Norwalk, CT | Mixed use | $95.0M | 6.589% | Jun 2029 | n/a | n/a | Late, less than 30 days |
| Marriott Hartford Windsor Airport | Windsor, CT | Hotel | $27.0M | 7.26% | Jul 2029 | 2.71x | 57% | Current |
| 1732 Derby Milford Road | Derby, CT | Self storage | $22.1M | 6.54% | Sep 2029 | n/a | n/a | Current |
| 2&4 Armstrong Road | Shelton, CT | Office | $14.6M | 4.90% | Feb 2029 | 1.44x | 71% | Current |
| Stop and Shop Manchester | Manchester, CT | Retail | $10.5M | 5.28% | Jan 2029 | n/a | n/a | Current |
| 249 Legion Avenue | New Haven, CT | Retail | $10.2M | 4.78% | Jan 2029 | -0.14x | 41% | With the special servicer and 90+ days delinquent |
| Elm Street Plaza | Rocky Hill, CT | Retail | $9.5M | 7.14% | Mar 2029 | 2.07x | 100% | Current |
| Concord Hills | Hartford, CT | Multifamily | $9.4M | 7.86% | Jun 2029 | 1.08x | 86% | 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.