← Morgan Stanley Capital I Trust 2017-H1 · Loan annex · CMBS market
- Deal
- Morgan Stanley Capital I Trust 2017-H1
- Current balance
- $16.4M (September 2026)
- Share of deal
- 2.0%
- Status
- Real estate owned (REO)
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2026-01-05
Property and terms
| Property | Shea Center II |
| Address | 1805 Shea Center Drive; Highlands Ranch, CO 80129 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 121,306 |
| Year built | 2002 |
| Year last renovated | not yet reported |
| Original balance | $17.7M |
| Current balance | $16.4M (September 2026) |
| Share of deal balance | 2.0% |
| Interest rate at origination | 4.92% |
| Current interest rate | 4.92% |
| Origination date | 12-24-2015 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2026-01-05 |
| Prepayment lockout end | 01-04-2019 |
| Yield maintenance end | 09-04-2025 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Argentic Real Estate Finance LLC |
| Current status | Real estate owned (REO) |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $27.1M | 04-18-2017 | MAI |
| Most recent reported | $14.9M | 2026-03-11 | MAI |
Change from securitization to the most recent reported valuation: -45.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| OnPoint Medical Group Holdings, LLC | 14,374 | 04-30-2028 |
| Axia Energy II, LLC | 10,425 | 05-31-2028 |
| Jet Infrastructure Holding IA LLC | 9,466 | 03-31-2033 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| July 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| August 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| September 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| October 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| November 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| December 2017 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| January 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| February 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| March 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| April 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| May 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| June 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| July 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| August 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| September 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| October 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| November 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| December 2018 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| January 2019 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| February 2019 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| March 2019 | $17.7M | Current | 4.92% | 1.77 | 1.77 | 95% | $0 | 12-31-2016 | $3.1M | $1.1M | $2.0M | $2.0M |
| April 2019 | $17.7M | Current | 4.92% | 1.98 | 2.15 | 88% | not yet reported | 09-30-2018 | $3.3M | $1.4M | $1.9M | $1.8M |
| May 2019 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2019 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2019 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2019 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2019 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2019 | $17.7M | Current | 4.92% | 2.05 | 2.22 | 91% | not yet reported | 06-30-2019 | $3.4M | $1.4M | $2.0M | $1.8M |
| November 2019 | $17.7M | Current | 4.92% | 2.05 | 2.22 | 91% | not yet reported | 06-30-2019 | $3.4M | $1.4M | $2.0M | $1.8M |
| December 2019 | $17.7M | Current | 4.92% | 2.05 | 2.22 | 91% | not yet reported | 06-30-2019 | $3.4M | $1.4M | $2.0M | $1.8M |
| January 2020 | $17.7M | Current | 4.92% | 2.05 | 2.22 | 91% | not yet reported | 06-30-2019 | $3.4M | $1.4M | $2.0M | $1.8M |
| February 2020 | $17.7M | Current | 4.92% | 1.96 | 2.13 | 88% | not yet reported | 09-30-2019 | $3.4M | $1.5M | $1.9M | $1.7M |
| March 2020 | $17.7M | Current | 4.92% | 1.96 | 2.13 | 88% | not yet reported | 09-30-2019 | $3.4M | $1.5M | $1.9M | $1.7M |
| April 2020 | $17.7M | Current | 4.92% | 1.97 | 2.14 | 91% | not yet reported | 12-31-2019 | $3.4M | $1.5M | $1.9M | $1.7M |
| May 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2020 | $17.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2020 | $17.7M | Current | 4.92% | 2.13 | 2.30 | 88% | $0 | 09-30-2020 | $3.5M | $1.4M | $2.0M | $1.9M |
| January 2021 | $17.7M | Current | 4.92% | 2.13 | 2.30 | 88% | $0 | 09-30-2020 | $3.5M | $1.4M | $2.0M | $1.9M |
| February 2021 | $17.7M | Current | 4.92% | 2.13 | 2.30 | 88% | $0 | 09-30-2020 | $3.5M | $1.4M | $2.0M | $1.9M |
| March 2021 | $17.7M | Current | 4.92% | 2.13 | 2.30 | 88% | $0 | 09-30-2020 | $3.5M | $1.4M | $2.0M | $1.9M |
| April 2021 | $17.7M | Current | 4.92% | 2.13 | 2.30 | 91% | $0 | 09-30-2020 | $3.5M | $1.4M | $2.0M | $1.9M |
| May 2021 | $17.6M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2021 | $17.6M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2021 | $17.6M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2021 | $17.6M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2021 | $17.6M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2021 | $17.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2021 | $17.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2021 | $17.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2022 | $17.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2022 | $17.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2022 | $17.4M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2022 | $17.4M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2022 | $17.4M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2022 | $17.4M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2022 | $17.3M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2022 | $17.3M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2022 | $17.3M | Current | 4.92% | 1.70 | 1.84 | 93% | $0 | 06-30-2022 | $3.6M | $1.5M | $2.1M | $1.9M |
| October 2022 | $17.3M | Current | 4.92% | 1.70 | 1.84 | 93% | $0 | 06-30-2022 | $3.6M | $1.5M | $2.1M | $1.9M |
| November 2022 | $17.3M | Current | 4.92% | 1.70 | 1.84 | 93% | $0 | 06-30-2022 | $3.6M | $1.5M | $2.1M | $1.9M |
| December 2022 | $17.2M | Current | 4.92% | 1.70 | 1.84 | 93% | $0 | 06-30-2022 | $3.6M | $1.5M | $2.1M | $1.9M |
| January 2023 | $17.2M | Current | 4.92% | 1.67 | 1.80 | 91% | $0 | 09-30-2022 | $3.5M | $1.5M | $2.0M | $1.9M |
| February 2023 | $17.2M | Current | 4.92% | 1.67 | 1.80 | 91% | $0 | 09-30-2022 | $3.5M | $1.5M | $2.0M | $1.9M |
| March 2023 | $17.2M | Current | 4.92% | 1.67 | 1.80 | 91% | $0 | 09-30-2022 | $3.5M | $1.5M | $2.0M | $1.9M |
| April 2023 | $17.1M | Current | 4.92% | 1.67 | 1.80 | 93% | $0 | 09-30-2022 | $3.5M | $1.5M | $2.0M | $1.9M |
| May 2023 | $17.1M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2023 | $17.1M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2023 | $17.1M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2023 | $17.0M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2023 | $17.0M | Current | 4.92% | 0.99 | 1.12 | 62% | $0 | 06-30-2023 | $2.8M | $1.6M | $1.3M | $1.1M |
| October 2023 | $17.0M | Current | 4.92% | 0.99 | 1.12 | 62% | $0 | 06-30-2023 | $2.8M | $1.6M | $1.3M | $1.1M |
| November 2023 | $17.0M | Current | 4.92% | 0.99 | 1.12 | 62% | $0 | 06-30-2023 | $2.8M | $1.6M | $1.3M | $1.1M |
| December 2023 | $17.0M | Current | 4.92% | 0.99 | 1.12 | 62% | $0 | 06-30-2023 | $2.8M | $1.6M | $1.3M | $1.1M |
| January 2024 | $16.9M | Current | 4.92% | 0.55 | 0.68 | 62% | $0 | 09-30-2023 | $2.2M | $1.5M | $771,306 | $622,106 |
| February 2024 | $16.9M | Current | 4.92% | 0.55 | 0.68 | 62% | $0 | 09-30-2023 | $2.2M | $1.5M | $771,306 | $622,106 |
| March 2024 | $16.9M | Current | 4.92% | 0.55 | 0.68 | 62% | $0 | 09-30-2023 | $2.2M | $1.5M | $771,306 | $622,106 |
| April 2024 | $16.9M | Current | 4.92% | 0.55 | 0.68 | 62% | $0 | 09-30-2023 | $2.2M | $1.5M | $771,306 | $622,106 |
| May 2024 | $16.8M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $16.8M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $16.8M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2024 | $16.8M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $16.7M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $16.7M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| November 2024 | $16.7M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| December 2024 | $16.7M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| January 2025 | $16.6M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| February 2025 | $16.6M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| March 2025 | $16.6M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| April 2025 | $16.6M | Current | 4.92% | 0.79 | 0.92 | 66% | $0 | 06-30-2024 | $2.5M | $1.5M | $1.0M | $892,603 |
| May 2025 | $16.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $16.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $16.5M | Current | 4.92% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $16.5M | Current | 4.92% | 0.55 | 0.68 | 69% | $0 | 03-31-2025 | $576,421 | $383,215 | $193,206 | $155,906 |
| September 2025 | $16.4M | Current | 4.92% | 0.55 | 0.68 | 69% | $0 | 03-31-2025 | $576,421 | $383,215 | $193,206 | $155,906 |
| October 2025 | $16.4M | Current | 4.92% | 0.55 | 0.68 | 69% | $0 | 03-31-2025 | $576,421 | $383,215 | $193,206 | $155,906 |
| November 2025 | $16.4M | Current | 4.92% | 0.75 | 0.88 | 69% | $0 | 06-30-2025 | $2.6M | $1.6M | $1.0M | $851,595 |
| December 2025 | $16.4M | Current | 4.92% | 0.79 | 0.92 | 72% | $0 | 09-30-2025 | $2.6M | $1.6M | $1.0M | $896,895 |
| January 2026 | $16.4M | Real estate owned (REO) | 4.92% | 0.79 | 0.92 | 72% | $94,230 | 09-30-2025 | $2.6M | $1.6M | $1.0M | $896,895 |
| February 2026 | $16.4M | Real estate owned (REO) | 4.92% | 0.79 | 0.92 | 72% | $188,460 | 09-30-2025 | $2.6M | $1.6M | $1.0M | $896,895 |
| March 2026 | $16.4M | Real estate owned (REO) | 4.92% | 0.79 | 0.92 | 72% | $282,696 | 09-30-2025 | $2.6M | $1.6M | $1.0M | $896,895 |
| April 2026 | $16.4M | Real estate owned (REO) | 4.92% | 0.79 | 0.92 | 72% | $376,927 | 09-30-2025 | $2.6M | $1.6M | $1.0M | $896,895 |
| May 2026 | $16.4M | Real estate owned (REO) | 4.92% | not yet reported | not yet reported | not yet reported | $465,248 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $16.4M | Real estate owned (REO) | 4.92% | not yet reported | not yet reported | not yet reported | $553,369 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $16.4M | Real estate owned (REO) | 4.92% | not yet reported | not yet reported | not yet reported | $641,690 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $16.4M | Real estate owned (REO) | 4.92% | not yet reported | not yet reported | not yet reported | $729,812 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $16.4M | Real estate owned (REO) | 4.92% | not yet reported | not yet reported | not yet reported | $817,934 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Status timeline
| Date | Event |
|---|---|
| 2022-08-24 | Transferred to the special servicer |
| 2022-11-10 | Loan modified (rate after modification 0.00%; maturity after modification 2026-01-05) |
| 2022-11-17 | Returned to the master servicer |
| 2025-12-22 | Transferred to the special servicer |
| January 2026 | First reported 30 or more days delinquent |
| 2026-01-05 | Scheduled maturity passed; the loan is still reported, with status Real estate owned (REO) in September 2026 |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.