- Current pool balance
- $732.1M (September 2026)
- Original pool balance
- $1.13B
- Loans at issuance
- 47
- Closing date
- 2017-06-29
- Weighted average coupon at issuance
- 4.27%
- Weighted average LTV at issuance
- 40.5%
- 30+ delinquent (latest)
- 0.00%
- Realized stress score
- 69.5
- Net rating change since issuance
- +0.15 notches
Tranches
| Class | Original balance | Credit support (computed) | Coupon | CUSIP | Fitch | KBRA | S&P | Moody's | DBRS |
|---|---|---|---|---|---|---|---|---|---|
| A-1 | $24.0M | 97.82% | 1.907% fixed | 23312JAA1 | PIF | not yet reported | NR | WR | Discontinued |
| A-2 | $96.4M | 89.07% | 2.917% fixed | 23312JAB9 | PIF | not yet reported | NR | WR | Discontinued |
| A-3 | $151.0M | 75.36% | 3.269% fixed | 23312JAC7 | AAA | not yet reported | NR | Aaa | Discontinued |
| A-4 | $200.0M | 57.21% | 3.071% fixed | 23312JAE3 | AAA | not yet reported | AAA (sf) | Aaa | AAA (sf) |
| A-5 | $263.9M | 33.26% | 3.328% fixed | 23312JAF0 | AAA | not yet reported | AAA (sf) | Aaa | AAA (sf) |
| A-M | $104.7M | 23.76% | 3.561% floating (WAC) | 23312JAH6 | AAA | not yet reported | AA- (sf) | Aa3 | AAA (sf) |
| A-SB | $36.0M | 20.50% | 3.121% fixed | 23312JAD5 | AAA | not yet reported | AAA (sf) | Aaa | AAA (sf) |
| B | $48.2M | 16.13% | 3.792% floating (WAC) | 23312JAJ2 | AA- | not yet reported | BBB+ (sf) | not yet reported | AA (high) (sf) |
| C | $49.6M | 11.63% | 4.174% floating (WAC) | 23312JAK9 | A- | not yet reported | NR | not yet reported | A (high) (sf) |
| D | $53.7M | 6.75% | 3.239% floating (WAC) | 23312JAQ6 | BB- | not yet reported | NRprelim | not yet reported | not yet reported |
| E-RR | $26.2M | 4.38% | 4.239% floating (WAC) | 23312JAT0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| F-RR | $11.0M | 3.38% | 4.239% floating (WAC) | 23312JAV5 | not yet reported | not yet reported | not yet reported | not yet reported | B (sf) |
| G-RR | $37.2M | 0.00% | 4.239% floating (WAC) | 23312JAX1 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| R | not yet reported | not yet reported | not yet reported | 23312JBA0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| S | not yet reported | not yet reported | not yet reported | 23312JAZ6 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| X-A | $876.0M | Interest only | 1.044% floating | 23312JAG8 | AAA | not yet reported | AA- (sf) | Aa1 | AAA (sf) |
| X-B | $97.8M | Interest only | 0.253% floating | 23312JAL7 | A- | not yet reported | NR | not yet reported | AA (low) (sf) |
| X-D | $53.7M | Interest only | 1.000% floating | 23312JAN3 | BB- | not yet reported | NRprelim | not yet reported | BBB (sf) |
Credit support is computed from the class stack order in the prospectus: the share of the deal's principal balance in classes junior to the class. Interest-only classes carry a notional balance and no principal support figure. Ratings are the latest held in the dataset for each class and agency; NR means the agency shows the class as not rated, WR that the rating was withdrawn, PIF that the class has been paid in full. Any other status value is shown exactly as the agency reports it. A + after a CUSIP marks a class with companion CUSIPs in the dataset.
Pool at issuance
| Loans | 47 |
| Original loan balance | $1.16B |
| Weighted average coupon | 4.27% |
| Weighted average LTV | 40.5% |
| Median loan LTV | 65.8% |
| Full-term interest only (share of balance) | 58.5% |
| Balloon loans (share of balance) | 100.0% |
| Largest loan (share of balance) | 8.1% |
| Five largest loans (share of balance) | 35.1% |
| Occupancy at issuance (weighted average) | 92.2% |
Realized outcomes
| Months reported | 112 |
| Peak 30+ delinquency | 11.64% (December 2021) |
| Ever severe (share of original balance) | 23.22% |
| Ever modified (share of original balance) | 18.66% |
| Past scheduled maturity (share of original balance) | 12.52% |
| Non-performing matured (share of original balance) | 90.48% |
| Maximum servicer advances (share of balance) | 0.50% |
| Median DSCR, first year | not yet reported |
| Median DSCR, latest | 1.61 |
| Realized stress score | 69.5 |
Property types
| Property type | Original balance | Share of pool |
|---|---|---|
| Office | $217.4M | 18.8% |
| Retail | $185.0M | 16.0% |
| SE | $152.7M | 13.2% |
| Lodging | $130.1M | 11.2% |
| Mixed use | $110.0M | 9.5% |
| Self storage | $24.5M | 2.1% |
| Multifamily | $15.8M | 1.4% |
Property type is reported for 72.1% of the pool balance; shares are of the full pool.
Largest loans
| Property | Location | Original balance | Share of pool | Coupon | Originated |
|---|---|---|---|---|---|
| 245 Park Avenue | New York, NY | $93.8M | 8.1% | 3.67% | 2017 |
| ["BAE Facility", "Fedex Ground (Stratford)", "Fedex (Baltimore)", "Harman Becker", "General Electric Company", "Godaddy Office", "Carrier", "Emerus", "Cardinal Health 200, LLC", "Commscope", "FCA", "Fedex (Staunton)", "Quad Packaging (Proteus) - Franklin Business Park", "Quad Packaging (Transpak) - Franklin Business Park", "T-Mobile Call Center", "Sikorsky Aircraft R&D Facility", "Vatterott College - Northpark Campus", "Comcast", "Alfa Laval", "LKQ BTS", "Hitachi", "Cameron International", "Alliance Data Systems Office", "Synchrony Financial", "Baxalta (Kansas City)", "Biolife Plasma (Casselberry)", "Biolife Plasma", "Biolife Plasma Center", "Single Tenant Industrial Facility", "Biolife Plasma (Wausau)", "Baxalta (Springfield)", "LKQ CHARLOTTE", "Biolife Plasma (Ankeny)", "H&E Equipment (San Antonio)", "H&E Equipment (New Orleans)", "GE Aviation Systems Facility", "Saint-Gobain Warehouse", "H&E Equipment (Columbia)", "H&E Equipment (Oklahoma City)", "LKQ Toledo", "H&E Equipment (Greer)"] | not yet reported | $85.0M | 7.3% | 3.56% | 2017 |
| Olympic Tower | New York, NY | $80.0M | 6.9% | 3.95% | 2017 |
| ["Larkspur Landing Sunnyvale", "Larkspur Landing Milpitas", "Larkspur Landing Campbell", "Larkspur Landing San Francisco", "Larkspur Landing Pleasanton", "Larkspur Landing Bellevue", "Larkspur Landing Sacramento", "Hampton Inn Ann Arbor North", "Larkspur Landing Hillsboro", "Larkspur Landing Renton", "Holiday Inn Arlington Northeast Rangers Ballpark", "Residence Inn Toledo Maumee", "Residence Inn Williamsburg", "Hampton Inn Suites Waco South", "Holiday Inn Louisville Airport Fair Expo", "Courtyard Tyler", "Hilton Garden Inn Edison Raritan Center", "Hilton Garden Inn St Paul Oakdale", "Residence Inn Grand Rapids West", "Peoria, AZ Residence Inn", "Hampton Inn Suites Bloomington Normal", "Courtyard Chico", "Hampton Inn Suites Kokomo", "Hampton Inn Suites South Bend", "Courtyard Wichita Falls", "Hampton Inn Morehead", "Residence Inn Chico", "Courtyard Lufkin", "Hampton Inn Carlisle", "Springhill Suites Williamsburg", "Fairfield Inn Bloomington", "Waco Residence Inn", "Holiday Inn Express Fisher", "Larkspur Landing Folsom", "Springhill Suites Chicago Naperville Warrenville", "Holiday Inn Express & Suites Paris", "Toledo Homewood Suites", "Grand Rapids Homewood Suites", "Cheyenne Fairfield Inn & Suites", "Fairfield Inn Laurel", "Courtyard Akron Stow", "Larkspur Landing Roseville", "Towneplace Suites Bloomington", "Hampton Inn Danville", "Holiday Inn Norwich", "Hampton Inn Suites Longview North", "Springhill Suites Peoria Westlake", "Hampton Inn Suites Buda", "Shawnee Hampton Inn", "Racine Fairfield Inn", "Hampton Inn Selinsgrove Shamokin Dam", "Holiday Inn Express & Suites Terrell", "Westchase Homewood Suites", "Holiday Inn Express & Suites Tyler South", "Holiday Inn Express & Suites Huntsville", "Hampton Inn Sweetwater", "Comfort Suites Buda Austin South", "Fairfield Inn & Suites Weatherford", "Holiday Inn Express & Suites Altus", "Comfort Inn & Suites Paris", "Hampton Inn Suites Decatur", "Holiday Inn Express & Suites Texarkana East", "Mankato Fairfield Inn", "Candlewood Suites Texarkana", "Country Inn & Suites Houston Intercontinental"] | ["Sunnyvale", "Milpitas", "Campbell", "South San Francisco", "Pleasanton", "Bellevue", "Sacramento", "Ann Arbor", "Hillsboro", "Renton", "Arlington", "Maumee", "Williamsburg", "Waco", "Louisville", "Tyler", "Edison", "Oakdale", "Grandville", "Peoria", "Normal", "Chico", "Kokomo", "South Bend", "Wichita Falls", "Morehead City", "Chico", "Lufkin", "Carlisle", "Williamsburg", "Bloomington", "Waco", "Fishers", "Folsom", "Warrenville", "Paris", "Maumee", "Grand Rapids", "Cheyenne", "Laurel", "Stow", "Roseville", "Bloomington", "Danville", "Norwich", "Longview", "Peoria", "Buda", "Shawnee", "Mount Pleasant", "Shamokin Dam", "Terrell", "Houston", "Tyler", "Huntsville", "Sweetwater", "Buda", "Weatherford", "Altus", "Paris", "Decatur", "Texarkana", "Mankato", "Texarkana", "Humble"], ["CA", "CA", "CA", "CA", "CA", "WA", "CA", "MI", "OR", "WA", "TX", "OH", "VA", "TX", "KY", "TX", "NJ", "MN", "MI", "AZ", "IL", "CA", "IN", "IN", "TX", "NC", "CA", "TX", "PA", "VA", "IN", "TX", "IN", "CA", "IL", "TX", "OH", "MI", "WY", "MD", "OH", "CA", "IN", "PA", "CT", "TX", "IL", "TX", "OK", "WI", "PA", "TX", "TX", "TX", "TX", "TX", "TX", "TX", "OK", "TX", "TX", "AR", "MN", "TX", "TX"] | $80.0M | 6.9% | 4.49% | 2017 |
| Defeased | not yet reported | $68.1M | 5.9% | 4.71% | 2017 |
Delinquency and stress indicator
▬ 30+ days delinquent · ▬ Distressed (90+, foreclosure, REO, non-performing matured)
Monthly shares of the deal's reported balance, from the deal indicator series in the dataset. Months in which fewer than half of the reported loans carry a delinquency status code are not plotted.
Ratings
| Classes with a CUSIP | 18 of 18 |
| Classes with a current rating in the dataset | 14 of 18 |
| Net rating change since issuance | +0.15 notches (balance-weighted) |
| Delinquency threshold crossed | June 2020 |
| First downgrade | September 2024 |
Sources: SEC Form ABS-EE asset-level reports, Form 10-D distribution reports and the deal prospectus; rating histories published under SEC Rule 17g-7(b) and agency releases. Definitions are in the methods note on the market page.