← CSAIL 2017-CX10 Commercial Mortgage Trust (segment D02, CIK 1720474) · Loan annex · CMBS market
- Deal
- CSAIL 2017-CX10 Commercial Mortgage Trust (segment D02, CIK 1720474)
- Current balance
- $75.0M (December 2020)
- Share of deal
- 6.5%
- Status
- not yet reported
- DSCR (latest)
- 2.13
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2029-03-11
Property and terms
| Property | 3 Columbus Circle |
| Address | 3 Columbus Circle; New York, NY 10019 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 753,713 |
| Year built | 1927 |
| Year last renovated | 2013 |
| Original balance | $75.0M |
| Current balance | $75.0M (December 2020) |
| Share of deal balance | 6.5% |
| Interest rate at origination | 3.91% |
| Current interest rate | 3.91% |
| Origination date | 03-12-2019 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 119 months |
| Scheduled maturity | 2029-03-11 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | JPMCB |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $1.08B | 01-01-2019 | not yet reported |
| Most recent reported | $1.08B | 2019-01-01 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Young & Rubicam | 217,501 | 08-31-2033 |
| Emerge 212 3CC LLC | 57,359 | 02-29-2028 |
| Broadway 57th/58th | 46,991 | 10-31-2039 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2020 | $75.0M | not yet reported | 3.91% | 2.13 | 2.29 | 100% | $0 | 06-30-2020 | $37.3M | $10.2M | $27.1M | $25.1M |
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.
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: Benchmark 2019-B10 Mortgage Trust; Benchmark 2019-B11 Mortgage Trust; Benchmark 2019-B12 Mortgage Trust; Benchmark 2019-B13 Mortgage Trust; CF 2019-CF1 Mortgage Trust; CF 2019-CF1 Mortgage Trust; CF 2019-CF3 Mortgage Trust; CSAIL 2019-C16 Commercial Mortgage Trust; JPMCC Commercial Mortgage Securities Trust 2019-COR5; Morgan Stanley Capital I Trust 2019-H6.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.