A $130 million loan secured in part by the Connecticut Financial Center in New Haven is in imminent danger of default and has been transferred to special servicing, according to Fitch Ratings.

Fitch records show the $130.4 million mortgage, originally issued by Bank of America, was transferred to special servicer Situs Asset Management, along with the remainder of the $2.47 billion securitized loan of which it is a part.

The 27-story, 466,073-square-foot office tower at 157 Church St. is owned by a subsidiary of Chase Enterprises, according to information obtained from the Warren Group, publisher of the Commercial Record.

Calls to Chase seeking comment were not returned.

In the next month, the United Illuminating  Co.’s lease for 211,000 square feet at Connecticut Financial Center will expire, with the utility relocating to Orange. However, Yale and other tenants will re-absorb about 70,000 square feet of the space that is set to hit the market, according to an industry source familiar with the property. Still, more than 44,000 square feet of negative absorption will likely occur.

In March, Fitch downgraded nine classes of the larger security, BACM 2007-2. According to Reuters, Fitch downgraded nine classes and affirmed 15 classes of Banc of America Commercial Mortgage Inc.’s (BACM) commercial mortgage pass-through certificates, series 2007-2, because of increased loss expectations on the specially serviced assets.

The third largest contributor to those expected losses was the Connecticut Financial Center loan, Reuters reported.