← CD 2017-CD3 Mortgage Trust · Loan annex · CMBS market
- Deal
- CD 2017-CD3 Mortgage Trust
- Current balance
- $31.5M (September 2026)
- Share of deal
- 3.4%
- Status
- 90+ days delinquent
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2027-01-06
Property and terms
| Property | 16 East 40th Street |
| Address | 16 East 40th Street; New York, NY 10016 |
| Property type | Office |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 98,182 |
| Year built | 1911 |
| Year last renovated | 2005 |
| Original balance | $31.5M |
| Current balance | $31.5M (September 2026) |
| Share of deal balance | 3.4% |
| Interest rate at origination | 4.50% |
| Current interest rate | 4.50% |
| Origination date | 12-09-2016 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2027-01-06 |
| Prepayment lockout end | 03-05-2019 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | DBNY |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $61.0M | 10-19-2016 | MAI |
| Most recent reported | $22.0M | 2023-09-06 | MAI |
Change from securitization to the most recent reported valuation: -63.9%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| March 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| April 2017 | $31.5M | Current | 4.50% | 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 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| June 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| July 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| August 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| September 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| October 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| November 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| December 2017 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| January 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| February 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| March 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| April 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| May 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| June 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| July 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| August 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| September 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| October 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| November 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| December 2018 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| January 2019 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| February 2019 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| March 2019 | $31.5M | Current | 4.50% | 1.59 | 1.59 | not yet reported | $0 | 10-31-2016 | $3.8M | $1.5M | $2.3M | $2.3M |
| April 2019 | $31.5M | Current | 4.50% | 1.76 | 1.84 | 100% | not yet reported | 09-30-2018 | $4.5M | $1.8M | $2.6M | $2.5M |
| May 2019 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 2019 | $31.5M | Current | 4.50% | 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 2019 | $31.5M | Current | 4.50% | 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 2020 | $31.5M | Current | 4.50% | 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 2020 | $31.5M | Current | 4.50% | 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 2020 | $31.5M | Current | 4.50% | 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 2020 | $31.5M | Current | 4.50% | 1.61 | 1.61 | 100% | not yet reported | 09-30-2019 | $4.3M | $2.0M | $2.3M | $2.3M |
| May 2020 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 1.84 | 1.92 | 100% | $0 | 03-31-2020 | $4.4M | $1.6M | $2.8M | $2.6M |
| October 2020 | $31.5M | Current | 4.50% | 1.84 | 1.92 | 100% | $0 | 03-31-2020 | $4.4M | $1.6M | $2.8M | $2.6M |
| November 2020 | $31.5M | Matured balloon, performing | 4.50% | 1.70 | 1.78 | 100% | $121,927 | 06-30-2020 | $4.3M | $1.7M | $2.6M | $2.4M |
| December 2020 | $31.5M | Current | 4.50% | 1.70 | 1.78 | 100% | $0 | 06-30-2020 | $4.3M | $1.7M | $2.6M | $2.4M |
| January 2021 | $31.5M | Current | 4.50% | 1.70 | 1.78 | 100% | $0 | 06-30-2020 | $4.3M | $1.7M | $2.6M | $2.4M |
| February 2021 | $31.5M | Current | 4.50% | 1.70 | 1.78 | 100% | $0 | 06-30-2020 | $4.3M | $1.7M | $2.6M | $2.4M |
| March 2021 | $31.5M | Current | 4.50% | 1.70 | 1.78 | 100% | $0 | 06-30-2020 | $4.3M | $1.7M | $2.6M | $2.4M |
| April 2021 | $31.5M | Current | 4.50% | 1.70 | 1.78 | 100% | $0 | 06-30-2020 | $4.3M | $1.7M | $2.6M | $2.4M |
| May 2021 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Matured balloon, performing | 4.50% | 1.43 | 1.51 | not yet reported | $117,994 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| August 2021 | $31.5M | Matured balloon, performing | 4.50% | 1.43 | 1.51 | not yet reported | $121,927 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| September 2021 | $31.5M | Current | 4.50% | 1.43 | 1.51 | not yet reported | $0 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| October 2021 | $31.5M | Current | 4.50% | 1.43 | 1.51 | not yet reported | $0 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| November 2021 | $31.5M | Current | 4.50% | 1.43 | 1.51 | not yet reported | $0 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| December 2021 | $31.5M | Current | 4.50% | 1.43 | 1.51 | not yet reported | $0 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| January 2022 | $31.5M | Current | 4.50% | 1.43 | 1.51 | not yet reported | $0 | 03-31-2021 | $974,887 | $433,266 | $541,621 | $512,767 |
| February 2022 | $31.5M | Current | 4.50% | 1.03 | 1.11 | not yet reported | $0 | 09-30-2021 | $3.2M | $1.6M | $1.6M | $1.5M |
| March 2022 | $31.5M | Current | 4.50% | 1.03 | 1.11 | not yet reported | $0 | 09-30-2021 | $3.2M | $1.6M | $1.6M | $1.5M |
| April 2022 | $31.5M | Current | 4.50% | 1.03 | 1.11 | not yet reported | $0 | 09-30-2021 | $3.2M | $1.6M | $1.6M | $1.5M |
| May 2022 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 | $31.5M | Current | 4.50% | 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 2022 | $31.5M | Current | 4.50% | 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 2022 | $31.5M | Matured balloon, non-performing | 4.50% | not yet reported | not yet reported | not yet reported | $121,927 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2022 | $31.5M | Current | 4.50% | 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 2023 | $31.5M | Current | 4.50% | 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 2023 | $31.5M | Current | 4.50% | 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 2023 | $31.5M | Current | 4.50% | 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 2023 | $31.5M | Matured balloon, performing | 4.50% | 0.39 | 0.47 | not yet reported | $121,927 | 12-31-2022 | $2.4M | $1.7M | $680,157 | $564,741 |
| May 2023 | $31.5M | 30-59 days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $239,921 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2023 | $31.5M | 60-89 days delinquent | 4.50% | -0.03 | 0.05 | not yet reported | $361,847 | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| July 2023 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $479,841 | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| August 2023 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $601,768 | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| September 2023 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $723,695 | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| October 2023 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $841,689 | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| November 2023 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $963,616 | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| December 2023 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $1.1M | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| January 2024 | $31.5M | 90+ days delinquent | 4.50% | -0.03 | 0.05 | 100% | $1.2M | 03-31-2023 | $539,414 | $520,043 | $19,370 | $-9,484 |
| February 2024 | $31.5M | 90+ days delinquent | 4.50% | -0.07 | 0.01 | 39% | $1.3M | 06-30-2023 | $2.0M | $2.0M | $14,758 | $-100,658 |
| March 2024 | $31.5M | 90+ days delinquent | 4.50% | -0.07 | 0.01 | 39% | $1.4M | 06-30-2023 | $2.0M | $2.0M | $14,758 | $-100,658 |
| April 2024 | $31.5M | 90+ days delinquent | 4.50% | -0.07 | 0.01 | 39% | $1.5M | 06-30-2023 | $2.0M | $2.0M | $14,758 | $-100,658 |
| May 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $1.6M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $1.7M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $1.8M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $1.9M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.0M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.0M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.1M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2024 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.2M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.2M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $2.3M | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2025 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $31.5M | 90+ days delinquent | 4.50% | not yet reported | not yet reported | not yet reported | $961,939 | 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 2023 | First reported 30 or more days delinquent |
| 2023-06-08 | Transferred to the special servicer |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.