Office · Cincinnati, Ohio
Scripps Center
Public CMBS trusts hold $62.4M of the loan on Scripps Center at 4.66% that reaches maturity on February 1, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $62,376,752
- Original balance (same notes)
- $72,000,000
- Interest rate
- 4.66% fixed
- Originated
- February 1, 2017
- Maturity
- February 1, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- September 30, 2019
- Prepayment premium ends
- October 31, 2026 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Principal Commercial Capital
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 312 Walnut Street, Cincinnati, OH 45202
- Metro
- Cincinnati, OH-KY-IN
- Rentable area
- 538,243 sq ft
- Built
- 1989, renovated 2015
- Largest tenants
- E.W Scripps Company; Bricker Graydon LLP; Thompson Hine LLP
- Value at securitization
- $98.0M (Dec 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.99x | 1.32x |
| Occupancy | 95% | 78% |
| Net operating income (annualized from 3 months) | $6.8M | $6.0M |
| Debt yield | 9.6% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points 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 95% when the loan was securitized to 78%.
- Net operating income is 12% below the underwritten figure ($6.0M a year against $6.8M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.99x 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 | $62.4M | Current | No | 1.32x | 78% |
| August 2026 | $62.5M | Current | No | 1.32x | 78% |
| July 2026 | $62.6M | Current | No | 1.32x | 78% |
| June 2026 | $62.7M | Current | No | 1.21x | 80% |
| May 2026 | $62.9M | Current | No | 1.21x | 80% |
| April 2026 | $63.0M | Current | No | 1.21x | 80% |
| March 2026 | $63.1M | Current | No | 1.21x | 80% |
| February 2026 | $63.3M | Current | No | 1.21x | 80% |
| January 2026 | $63.4M | Current | No | 1.21x | 80% |
| December 2025 | $19.4M | Current | No | 1.21x | 80% |
| November 2025 | $63.6M | Current | No | 1.21x | 82% |
| October 2025 | $63.7M | Current | No | 1.21x | 82% |
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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 | 4 | $43,317,189 | Sep 2026 | SEC filing, September 30, 2026 |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 | 21 | $19,059,563 | Sep 2026 | SEC filing, September 30, 2026 |
Other Cincinnati loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Park West International C | Hebron, KY | Industrial | $60.0M | 4.244% | Aug 2027 | n/a | n/a | Current |
| 600 Vine | Cincinnati, OH | Office | $47.5M | 4.202% | Sep 2027 | 1.07x | 70% | With the special servicer and 90+ days delinquent |
| 580 Walnut Street | Cincinnati, OH | Mixed use | $29.9M | 4.74% | Feb 2027 | 1.24x | 87% | With the special servicer and 90+ days delinquent |
| Montgomery Triangle Gateway | Montgomery, OH | Mixed use | $7.0M | 5.40% | Feb 2027 | 0.20x | 70% | With the special servicer and 90+ days delinquent |
| Red Roof Inn Erlanger | Erlanger, KY | Hotel | $5.8M | 6.072% | May 2027 | 1.38x | 48% | Current |
| Best Western - Hannaford, Oh | Cincinnati, OH | Hotel | $5.0M | 5.25% | Mar 2027 | 1.07x | 53% | Current |
| La Quinta Florence Ky | Florence, KY | Hotel | $4.0M | 4.97% | Jun 2027 | 1.15x | 76% | Current |
| Mt. Repose Self Storage | Loveland, OH | Self storage | $3.0M | 4.06% | Jun 2027 | 5.84x | 94% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 10, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.