Multifamily · Farmington, Connecticut
Up House Apartments
Up House Apartments is financed with a $42.5M CMBS loan at 5.92% that reaches maturity on April 6, 2030, in 3 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $42,500,000
- Original balance (same notes)
- $42,500,000
- Interest rate
- 5.92% fixed
- Originated
- March 31, 2025
- Maturity
- April 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 15 Farm Springs Road, Farmington, CT 06032
- Units, rooms or beds
- 221
- Built
- 1981, renovated 2023
- Value at securitization
- $71.1M (Feb 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.45x | 1.31x |
| Occupancy | 96% | 89% |
| Net operating income (annualized from 3 months) | $3.7M | $3.3M |
| Debt yield | 7.9% |
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 2025-5C34 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 96% when the loan was securitized to 89%.
- Net operating income is 9% below the underwritten figure ($3.3M a year against $3.7M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.45x at securitization to 1.31x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $42.5M | Late payment but less than 30 days delinquent | No | 1.31x | 89% |
| August 2026 | $42.5M | Late payment but less than 30 days delinquent | No | 1.31x | 89% |
| July 2026 | $42.5M | Current | No | 1.31x | 89% |
| June 2026 | $42.5M | Late payment but less than 30 days delinquent | No | 1.47x | 87% |
| May 2026 | $42.5M | Late payment but less than 30 days delinquent | No | 1.47x | 87% |
| April 2026 | $42.5M | Late payment but less than 30 days delinquent | No | 1.51x | 95% |
| March 2026 | $42.5M | Current | No | 1.51x | 95% |
| February 2026 | $42.5M | Current | No | 1.51x | 95% |
| January 2026 | $42.5M | Current | No | n/a | n/a |
| December 2025 | $42.5M | Current | No | n/a | n/a |
| November 2025 | $42.5M | Current | No | n/a | n/a |
| October 2025 | $42.5M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-5C34 | 6 | $42,500,000 | Sep 2026 | SEC filing, September 29, 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 |
| Naugatuck Valley Shopping Center | Waterbury, CT | Retail | $26.1M | 5.15% | Apr 2030 | 0.95x | 57% | Current |
| New Haven Multifamily Portfolio | CT | Multifamily | $16.6M | 4.45% | Aug 2030 | 1.32x | 88% | With the special servicer |
| 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.