Office · Lehi, Utah
Younique HQ Building
Younique HQ Building is financed with a $18.8M CMBS loan at 4.48% that reaches maturity on July 1, 2027, in 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is delinquent: 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $18,762,659
- Original balance (same notes)
- $24,500,000
- Interest rate
- 4.48% fixed
- Originated
- June 15, 2017
- Maturity
- July 1, 2027
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- April 30, 2027
- Master servicer
- KeyBank National Association
- Originator
- KeyBank National Association
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3400 West Mayflower Avenue, Lehi, UT 83043
- Metro
- Provo-Orem-Lehi, UT
- Rentable area
- 125,000 sq ft
- Built
- 2016
- Largest tenants
- YOUNIQUE, LLC; CELLCURA SCIENCES, LLC; COMCAST CABLE
- Value at securitization
- $36.1M (May 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 2.00x |
| Occupancy | 100% | 100% |
| Net operating income | $2.4M | $3.3M |
| Debt yield | 17.4% |
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 2017-C3 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- 30+ days delinquent or matured unpaid
- Matures within 12 months
On the cmbs.news watch list in every report since September 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
- Net operating income is 37% above the underwritten figure ($3.3M a year against $2.4M).
- Debt service coverage moved from 1.46x at securitization to 2.00x on the latest statements.
- The filing gives Jun 2026 as the lease end date for the largest tenant (YOUNIQUE, LLC), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.8M | 30-59 days delinquent | No | 2.00x | 100% |
| August 2026 | $18.8M | Late payment but less than 30 days delinquent | No | 2.00x | 100% |
| July 2026 | $18.8M | Current | No | n/a | n/a |
| June 2026 | $18.8M | Current | No | n/a | n/a |
| May 2026 | $18.9M | Current | No | n/a | n/a |
| April 2026 | $19.0M | Current | No | 1.99x | 100% |
| March 2026 | $19.0M | Current | No | 1.97x | 100% |
| February 2026 | $19.1M | Current | No | 1.97x | 100% |
| January 2026 | $19.2M | Current | No | 3.60x | 100% |
| December 2025 | $19.2M | Current | No | 3.60x | 100% |
| November 2025 | $19.3M | Current | No | 3.60x | 100% |
| October 2025 | $19.3M | Current | No | 3.60x | 100% |
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 |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2017-C3 | 14 | $18,762,659 | Sep 2026 | SEC filing, September 28, 2026 |
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.