Office portfolio, 5 properties · Virginia
The Chantilly Office Portfolio
Public CMBS trusts hold $46.4M of the loan on this portfolio at 4.15% that reaches maturity on June 6, 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
- $46,350,000
- Original balance (same notes)
- $46,350,000
- Interest rate
- 4.15% fixed
- Originated
- May 16, 2019
- Maturity
- June 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2028
- Master servicer
- Trimont LLC
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Value at securitization
- $104.5M (Mar 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 3.98x | 2.92x |
| Occupancy | 86% | 82% |
| Net operating income (annualized from 6 months) | $7.8M | $5.7M |
| Debt yield | 12.2% |
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 UBS Commercial Mortgage Trust 2019-C17 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 86% when the loan was securitized to 82%.
- Net operating income is 27% below the underwritten figure ($5.7M a year against $7.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.98x at securitization to 2.92x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $46.4M | Current | No | 2.92x | 82% |
| August 2026 | $46.4M | Current | No | 2.92x | 82% |
| July 2026 | $46.4M | Current | No | 3.39x | 86% |
| June 2026 | $46.4M | Current | No | 3.39x | 86% |
| May 2026 | $46.4M | Current | No | 3.39x | 86% |
| April 2026 | $46.4M | Current | No | 2.69x | 88% |
| March 2026 | $46.4M | Current | No | 2.69x | 88% |
| February 2026 | $46.4M | Current | No | 2.69x | 88% |
| January 2026 | $46.4M | Current | No | 2.70x | 80% |
| December 2025 | $46.4M | Current | No | 2.70x | 80% |
| November 2025 | $46.4M | Current | No | 2.70x | 80% |
| October 2025 | $46.4M | Current | No | 2.65x | 91% |
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 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C51 | 10 | $22,350,000 | Sep 2026 | SEC filing, September 29, 2026 |
| UBS Commercial Mortgage Trust 2019-C17 | 8 | $14,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2019-C17 | 8A | $10,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Virginia loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1812 North Moore | Arlington, VA | Office | $172.7M | 7.53% | May 2029 | 0.96x | 99% | Late, less than 30 days |
| Battlefield Tech I - Battlefield | Chesapeake, VA | Office | $108.2M | 5.30% | Apr 2029 | n/a | n/a | Current |
| Tysons Corner Center - Office Tower | McLean, VA | Office | $95.0M | 3.33% | Oct 2029 | n/a | n/a | Current |
| Potomac Tower | Arlington, VA | Office | $84.0M | 7.60% | Sep 2029 | 1.66x | 100% | Current |
| Powered Shell Portfolio - Manassas DC-18 | Manassas, VA | Industrial | $83.8M | 3.637% | Jul 2029 | n/a | n/a | Current |
| Ellipse at Fairfax Corner | Fairfax, VA | Multifamily | $70.0M | 4.667% | Jan 2029 | n/a | n/a | Current |
| Powered Shell Portfolio - Ashburn DC-15 | Ashburn, VA | Industrial | $69.8M | 3.637% | Jul 2029 | n/a | n/a | Current |
| Quest Diagnostics - Chantilly | Chantilly, VA | Mixed use | $57.3M | 5.66% | Dec 2029 | 1.66x | 100% | 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.