← 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
- $19.0M (December 2020)
- Share of deal
- 1.7%
- Status
- 90+ days delinquent
- DSCR (latest)
- 0.00
- Occupancy (latest)
- 93%
- Scheduled maturity
- 2029-03-01
Property and terms
| Property | 166 Geary Street |
| Address | 166 Geary Street; San Francisco, CA 94108 |
| Property type | Office |
| Units, beds or keys | 0 |
| Net rentable square feet | 34,343 |
| Year built | 1907 |
| Year last renovated | 2017 |
| Original balance | $19.0M |
| Current balance | $19.0M (December 2020) |
| Share of deal balance | 1.7% |
| Interest rate at origination | 5.00% |
| Current interest rate | 5.00% |
| Origination date | 02-22-2019 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 23 months |
| Scheduled maturity | 2029-03-01 |
| 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 | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $25.8M | 09-01-2019 | not yet reported |
| Most recent reported | $25.8M | 2019-04-11 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| WeWork | 12,070 | 02-28-2029 |
| Erevena Inc. | 3,388 | 03-31-2023 |
| Mabrie Facial Cosmetic Inc. | 2,738 | 06-30-2022 |
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 | $19.0M | 90+ days delinquent | 5.00% | 0.00 | 0.00 | 93% | $321,347 | not yet reported | $0 | $0 | $0 | $0 |
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 |
|---|---|
| 2020-06-09 | Transferred to the special servicer |
| December 2020 | First reported 30 or more days delinquent |
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.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.