← UBS Commercial Mortgage Trust 2017-C1 · Loan annex · CMBS market
- Deal
- UBS Commercial Mortgage Trust 2017-C1
- Current balance
- not yet reported
- Share of deal
- not yet reported
- Status
- not yet reported
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2027-01-27
Property and terms
| Property | FAIRFIELD INN & SUITES MILFORD |
| Address | not yet reported |
| Property type | not yet reported |
| Units, beds or keys | not yet reported |
| Net rentable square feet | not yet reported |
| Year built | 2001 |
| Year last renovated | 2015 |
| Original balance | $6.0M |
| Current balance | not yet reported |
| Share of deal balance | not yet reported |
| Interest rate at origination | 5.05% |
| Current interest rate | 0.00% |
| Origination date | 01-27-2017 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2027-01-27 |
| Prepayment lockout end | 11-30-2026 |
| Yield maintenance end | not yet reported |
| Servicer | not yet reported |
| Loan servicer | not yet reported |
| Originator | CIBC Inc. |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $8.5M | 12-12-2016 | MAI |
| Most recent reported | $6.5M | 2025-04-17 | MAI |
Change from securitization to the most recent reported valuation: -23.5%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2017 | $5.9M | Current | 5.05% | 2.34 | 2.34 | 68% | $0 | 02-28-2017 | $2.2M | $1.3M | $903,128 | $903,128 |
| July 2017 | $5.9M | Current | 5.05% | 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 2017 | $5.9M | Current | 5.05% | 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 2017 | $5.9M | Current | 5.05% | 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 2017 | $5.9M | Current | 5.05% | 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 2017 | $5.9M | Current | 5.05% | 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 2017 | $5.9M | Current | 5.05% | 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 2018 | $5.9M | Current | 5.05% | 1.65 | 1.87 | 73% | $0 | 09-30-2017 | $1.6M | $1.1M | $542,053 | $477,074 |
| February 2018 | $5.9M | Current | 5.05% | 1.65 | 1.87 | 73% | $0 | 09-30-2017 | $1.6M | $1.1M | $542,053 | $477,074 |
| March 2018 | $5.9M | Current | 5.05% | 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 2018 | $5.9M | Current | 5.05% | 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 2018 | $5.8M | Current | 5.05% | 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 2018 | $5.8M | Current | 5.05% | 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 2018 | $5.8M | Current | 5.05% | 1.58 | 1.80 | 73% | $0 | 12-31-2017 | $2.1M | $1.4M | $694,003 | $609,002 |
| August 2018 | $5.8M | Current | 5.05% | 1.58 | 1.80 | 73% | $0 | 12-31-2017 | $2.1M | $1.4M | $694,003 | $609,002 |
| September 2018 | $5.8M | Current | 5.05% | 1.58 | 1.80 | 73% | $0 | 12-31-2017 | $2.1M | $1.4M | $694,003 | $609,002 |
| October 2018 | $5.8M | Current | 5.05% | 1.58 | 1.80 | 73% | $0 | 12-31-2017 | $2.1M | $1.4M | $694,003 | $609,002 |
| November 2018 | $5.8M | Current | 5.05% | 1.58 | 1.80 | 73% | $0 | 12-31-2017 | $2.1M | $1.4M | $694,003 | $609,002 |
| December 2018 | $5.8M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| January 2019 | $5.8M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| February 2019 | $5.8M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| March 2019 | $5.8M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| April 2019 | $5.8M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| May 2019 | $5.8M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| June 2019 | $5.7M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| July 2019 | $5.7M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| August 2019 | $5.7M | Current | 5.05% | 1.68 | 1.90 | 73% | $0 | 03-31-2018 | $2.1M | $1.4M | $732,683 | $647,960 |
| September 2019 | $5.7M | Current | 5.05% | 1.76 | 1.97 | 70% | $0 | 06-30-2019 | $2.0M | $1.2M | $757,484 | $679,060 |
| October 2019 | $5.7M | Current | 5.05% | 1.76 | 1.97 | 70% | $0 | 06-30-2019 | $2.0M | $1.2M | $757,484 | $679,060 |
| November 2019 | $5.7M | Current | 5.05% | 1.76 | 1.97 | 70% | $0 | 06-30-2019 | $2.0M | $1.2M | $757,484 | $679,060 |
| December 2019 | $5.7M | Current | 5.05% | 1.46 | 1.66 | 66% | $0 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| January 2020 | $5.7M | Current | 5.05% | 1.46 | 1.66 | 66% | $0 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| February 2020 | $5.7M | Matured balloon, non-performing | 5.05% | 1.46 | 1.66 | 66% | $32,098 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| March 2020 | $5.7M | Current | 5.05% | 1.46 | 1.66 | 66% | $0 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| April 2020 | $5.7M | Matured balloon, non-performing | 5.05% | 1.46 | 1.66 | 66% | $32,098 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| May 2020 | $5.7M | 30-59 days delinquent | 5.05% | 1.46 | 1.66 | 66% | $32,098 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| June 2020 | $5.7M | Matured balloon, non-performing | 5.05% | 1.46 | 1.66 | 66% | $32,099 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| July 2020 | $5.7M | 30-59 days delinquent | 5.05% | 1.46 | 1.66 | 66% | $64,198 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| August 2020 | $5.7M | 60-89 days delinquent | 5.05% | 1.46 | 1.66 | 66% | $96,297 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| September 2020 | $5.6M | Matured balloon, non-performing | 5.05% | 1.46 | 1.66 | 66% | $32,099 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| October 2020 | $5.6M | 30-59 days delinquent | 5.05% | 1.46 | 1.66 | 66% | $64,198 | 09-30-2019 | $1.9M | $1.3M | $640,281 | $564,288 |
| November 2020 | $5.6M | 60-89 days delinquent | 5.05% | 0.20 | 0.28 | 36% | $96,297 | 06-30-2020 | $385,788 | $331,701 | $54,087 | $38,655 |
| December 2020 | $5.6M | 90+ days delinquent | 5.05% | 0.46 | 0.57 | 44% | $128,396 | 09-30-2020 | $1.0M | $790,963 | $218,302 | $177,932 |
| January 2021 | $5.6M | 90+ days delinquent | 5.05% | 0.46 | 0.57 | 44% | $160,495 | 09-30-2020 | $1.0M | $790,963 | $218,302 | $177,932 |
| February 2021 | $5.6M | 90+ days delinquent | 5.05% | 0.46 | 0.57 | 44% | $192,594 | 09-30-2020 | $1.0M | $790,963 | $218,302 | $177,932 |
| March 2021 | $5.6M | 90+ days delinquent | 5.05% | 0.46 | 0.57 | 44% | $224,695 | 09-30-2020 | $1.0M | $790,963 | $218,302 | $177,932 |
| April 2021 | $5.6M | 90+ days delinquent | 5.05% | 0.46 | 0.57 | 44% | $256,794 | 09-30-2020 | $1.0M | $790,963 | $218,302 | $177,932 |
| May 2021 | $5.6M | 90+ days delinquent | 5.05% | 0.46 | 0.57 | 44% | $288,894 | 09-30-2020 | $1.0M | $790,963 | $218,302 | $177,932 |
| June 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $320,993 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| July 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $353,093 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| August 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $385,192 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| September 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $417,291 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| October 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $449,391 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| November 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $481,490 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| December 2021 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $513,590 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| January 2022 | $5.6M | 90+ days delinquent | 5.05% | -0.00 | -0.00 | 37% | $545,689 | 12-31-2020 | $714,416 | $715,698 | $-1,282 | $-1,282 |
| February 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.32 | 0.32 | 54% | $577,788 | 09-30-2021 | $864,993 | $773,077 | $91,916 | $91,916 |
| March 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $609,890 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| April 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $641,989 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| May 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $674,089 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| June 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $706,189 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| July 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $738,289 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| August 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $770,389 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| September 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $802,488 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| October 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $834,588 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| November 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $863,946 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| December 2022 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $893,393 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| January 2023 | $5.6M | 90+ days delinquent | 5.05% | 0.30 | 0.30 | 52% | $922,751 | 12-31-2021 | $816,660 | $702,371 | $114,289 | $114,289 |
| February 2023 | $5.6M | 90+ days delinquent | 5.05% | 1.31 | 1.31 | 61% | $952,108 | 09-30-2022 | $809,418 | $599,217 | $210,201 | $210,201 |
| March 2023 | $5.6M | 90+ days delinquent | 5.05% | 1.31 | 1.31 | 61% | $981,734 | 09-30-2022 | $809,418 | $599,217 | $210,201 | $210,201 |
| April 2023 | $5.6M | 90+ days delinquent | 5.05% | 1.31 | 1.31 | 61% | $1.0M | 09-30-2022 | $809,418 | $599,217 | $210,201 | $210,201 |
| May 2023 | $5.6M | 90+ days delinquent | 5.05% | 1.31 | 1.31 | 61% | $1.0M | 09-30-2022 | $809,418 | $599,217 | $210,201 | $210,201 |
| June 2023 | $5.6M | 90+ days delinquent | 5.05% | 1.31 | 1.31 | 61% | $1.1M | 09-30-2022 | $809,418 | $599,217 | $210,201 | $210,201 |
| July 2023 | $5.6M | 90+ days delinquent | 5.05% | 1.31 | 1.31 | 61% | $1.1M | 09-30-2022 | $809,418 | $599,217 | $210,201 | $210,201 |
| August 2023 | $5.6M | 90+ days delinquent | 5.05% | -1.40 | -1.40 | 55% | $1.1M | 03-31-2023 | $275,704 | $410,161 | $-134,457 | $-134,457 |
| September 2023 | $5.6M | 90+ days delinquent | 5.05% | -1.40 | -1.40 | 55% | $1.2M | 03-31-2023 | $275,704 | $410,161 | $-134,457 | $-134,457 |
| October 2023 | $5.6M | 90+ days delinquent | 5.05% | -1.40 | -1.40 | 55% | $1.2M | 03-31-2023 | $275,704 | $410,161 | $-134,457 | $-134,457 |
| November 2023 | $5.6M | 90+ days delinquent | 5.05% | -1.06 | -1.06 | 66% | $1.2M | 06-30-2023 | $760,970 | $965,650 | $-204,680 | $-204,680 |
| December 2023 | $5.6M | 90+ days delinquent | 5.05% | -1.06 | -1.06 | 66% | $1.2M | 06-30-2023 | $760,970 | $965,650 | $-204,680 | $-204,680 |
| January 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.06 | -1.06 | 66% | $1.3M | 06-30-2023 | $760,970 | $965,650 | $-204,680 | $-204,680 |
| February 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.06 | -1.06 | 66% | $1.3M | 06-30-2023 | $760,970 | $965,650 | $-204,680 | $-204,680 |
| March 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.06 | -1.06 | 66% | $1.3M | 06-30-2023 | $760,970 | $965,650 | $-204,680 | $-204,680 |
| April 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.06 | -1.06 | 66% | $1.3M | 06-30-2023 | $760,970 | $965,650 | $-204,680 | $-204,680 |
| May 2024 | $5.6M | 90+ days delinquent | 5.05% | -0.03 | -0.03 | 55% | $1.4M | 12-31-2023 | $1.9M | $1.9M | $-11,900 | $-11,900 |
| June 2024 | $5.6M | 90+ days delinquent | 5.05% | -0.03 | -0.03 | 55% | $1.4M | 12-31-2023 | $1.9M | $1.9M | $-11,900 | $-11,900 |
| July 2024 | $5.6M | 90+ days delinquent | 5.05% | -0.03 | -0.03 | 55% | $1.4M | 12-31-2023 | $1.9M | $1.9M | $-11,900 | $-11,900 |
| August 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.23 | -1.23 | 59% | $1.4M | 03-31-2024 | $344,104 | $462,275 | $-118,171 | $-118,171 |
| September 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.23 | -1.23 | 59% | $1.5M | 03-31-2024 | $344,104 | $462,275 | $-118,171 | $-118,171 |
| October 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.23 | -1.23 | 59% | $1.5M | 03-31-2024 | $344,104 | $462,275 | $-118,171 | $-118,171 |
| November 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.23 | -1.23 | 59% | $1.5M | 03-31-2024 | $344,104 | $462,275 | $-118,171 | $-118,171 |
| December 2024 | $5.6M | 90+ days delinquent | 5.05% | -1.23 | -1.23 | 59% | $1.5M | 03-31-2024 | $344,104 | $462,275 | $-118,171 | $-118,171 |
| January 2025 | $5.6M | 90+ days delinquent | 5.05% | -0.03 | -0.03 | 81% | $1.5M | 06-30-2024 | $991,215 | $996,504 | $-5,290 | $-5,290 |
| February 2025 | $5.6M | 90+ days delinquent | 5.05% | 0.39 | 0.39 | 74% | $1.5M | 09-30-2024 | $1.7M | $1.6M | $112,792 | $112,792 |
| March 2025 | $5.6M | 90+ days delinquent | 5.05% | 0.39 | 0.39 | 74% | $1.5M | 09-30-2024 | $1.7M | $1.6M | $112,792 | $112,792 |
| April 2025 | $5.6M | 90+ days delinquent | 5.05% | 0.39 | 0.39 | 74% | $1.5M | 09-30-2024 | $1.7M | $1.6M | $112,792 | $112,792 |
| May 2025 | $5.6M | 90+ days delinquent | 5.05% | 0.27 | 0.27 | 44% | $1.5M | 12-31-2024 | $2.2M | $2.1M | $102,951 | $102,951 |
| June 2025 | $5.6M | 90+ days delinquent | 5.05% | 0.27 | 0.27 | 44% | $1.5M | 12-31-2024 | $2.2M | $2.1M | $102,951 | $102,951 |
| July 2025 | $0 | Current | 5.05% | 0.27 | 0.27 | 44% | $0 | 12-31-2024 | $2.2M | $2.1M | $102,951 | $102,951 |
| August 2025 | not yet reported | not yet reported | 0.00% | 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 2025 | not yet reported | not yet reported | 0.00% | 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 2025 | not yet reported | not yet reported | 0.00% | 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 |
| November 2025 | not yet reported | not yet reported | 0.00% | 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 |
| December 2025 | not yet reported | not yet reported | 0.00% | 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 |
| January 2026 | not yet reported | not yet reported | 0.00% | 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 |
| February 2026 | not yet reported | not yet reported | 0.00% | 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 |
| March 2026 | not yet reported | not yet reported | 0.00% | 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 |
| April 2026 | not yet reported | not yet reported | 0.00% | 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 |
| May 2026 | not yet reported | not yet reported | 0.00% | 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 2026 | not yet reported | not yet reported | 0.00% | 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 2026 | not yet reported | not yet reported | 0.00% | 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 2026 | not yet reported | not yet reported | 0.00% | 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 2026 | not yet reported | not yet reported | 0.00% | 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 |
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 |
|---|---|
| May 2020 | First reported 30 or more days delinquent |
| 2020-06-01 | Loan modified (maturity after modification 2027-02-01) |
| 2020-11-23 | Transferred to the special servicer |
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: UBS Commercial Mortgage Trust 2017-C7.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.