← CSAIL 2017-CX9 Commercial Mortgage Trust (segment D01, CIK 1716602) · Loan annex · CMBS market
- Deal
- CSAIL 2017-CX9 Commercial Mortgage Trust (segment D01, CIK 1716602)
- Current balance
- $46.6M (June 2022)
- Share of deal
- not yet reported
- Status
- not yet reported
- DSCR (latest)
- 0.00
- Occupancy (latest)
- 69%
- Scheduled maturity
- 2022-09-06
Property and terms
| Property | Boulders Resort |
| Address | 34631 North Tom Darlington Drive; Carefree, AZ 85377 |
| Property type | Lodging |
| Units, beds or keys | 160 |
| Net rentable square feet | not yet reported |
| Year built | 1985 |
| Year last renovated | 2016 |
| Original balance | $50.0M |
| Current balance | $46.6M (June 2022) |
| Share of deal balance | not yet reported |
| Interest rate at origination | 5.48% |
| Current interest rate | 5.48% |
| Origination date | 08-31-2017 |
| Original term | 60 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2022-09-06 |
| Prepayment lockout end | 10-05-2019 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Column Financial, Inc. |
| Current status | not yet reported |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $130.3M | 07-06-2017 | MAI |
| Most recent reported | $130.3M | 2017-07-06 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 2017 | $0 | Current | 5.48% | 1.56 | 1.89 | not yet reported | $0 | 06-30-2017 | $40.8M | $31.4M | $9.4M | $7.8M |
| November 2017 | $49.9M | not yet reported | 5.48% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2017 | $49.8M | not yet reported | 5.48% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2018 | $49.8M | not yet reported | 5.48% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2018 | $49.7M | not yet reported | 5.48% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2018 | $49.7M | not yet reported | 5.48% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| April 2018 | $49.6M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2018 | $49.6M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2018 | $49.5M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2018 | $49.5M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2018 | $49.4M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2018 | $49.4M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2018 | $49.3M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2018 | $49.3M | not yet reported | 5.48% | 1.82 | 2.17 | 72% | $0 | 08-31-2018 | $29.6M | $22.4M | $7.2M | $6.1M |
| December 2018 | $49.2M | not yet reported | 5.48% | 1.82 | 2.17 | 72% | $0 | 08-31-2018 | $29.6M | $22.4M | $7.2M | $6.1M |
| February 2019 | $49.1M | not yet reported | 5.48% | 1.69 | 2.03 | 72% | $0 | 09-30-2018 | $32.1M | $24.5M | $7.6M | $6.3M |
| March 2019 | $49.0M | not yet reported | 5.48% | 1.69 | 2.03 | 72% | $0 | 09-30-2018 | $32.1M | $24.5M | $7.6M | $6.3M |
| April 2019 | $49.0M | not yet reported | 5.48% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2019 | $48.9M | not yet reported | 5.48% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2019 | $48.9M | not yet reported | 5.48% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2019 | $48.8M | not yet reported | 5.48% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2019 | $48.7M | not yet reported | 5.48% | 1.51 | 1.85 | 71% | $0 | 03-31-2019 | $42.2M | $33.0M | $9.2M | $7.5M |
| September 2019 | $48.7M | not yet reported | 5.48% | 1.51 | 1.82 | 76% | $0 | 06-30-2019 | $38.4M | $29.4M | $9.0M | $7.5M |
| October 2019 | $48.6M | not yet reported | 5.48% | 1.51 | 1.82 | 76% | $0 | 06-30-2019 | $38.4M | $29.4M | $9.0M | $7.5M |
| November 2019 | $48.6M | not yet reported | 5.48% | 1.51 | 1.82 | 76% | $0 | 06-30-2019 | $38.4M | $29.4M | $9.0M | $7.5M |
| December 2019 | $48.5M | not yet reported | 5.48% | 1.51 | 1.82 | 76% | $0 | 06-30-2019 | $38.4M | $29.4M | $9.0M | $7.5M |
| January 2020 | $48.5M | not yet reported | 5.48% | 1.51 | 1.82 | 76% | $0 | 06-30-2019 | $38.4M | $29.4M | $9.0M | $7.5M |
| February 2020 | $48.4M | not yet reported | 5.48% | 1.44 | 1.74 | 71% | $0 | 09-30-2019 | $37.8M | $29.2M | $8.7M | $7.1M |
| March 2020 | $48.3M | not yet reported | 5.48% | 1.39 | 1.70 | 69% | $0 | 12-31-2019 | $39.3M | $30.9M | $8.5M | $6.9M |
| April 2020 | $48.3M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2020 | $48.2M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2020 | $48.2M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2020 | $48.1M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2020 | $48.0M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2020 | $48.0M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2020 | $47.9M | not yet reported | 5.48% | 0.90 | 1.17 | 53% | $0 | 06-30-2020 | $32.8M | $27.0M | $5.8M | $4.5M |
| November 2020 | $47.9M | not yet reported | 5.48% | 0.90 | 1.17 | 53% | $0 | 06-30-2020 | $32.8M | $27.0M | $5.8M | $4.5M |
| December 2020 | $47.8M | not yet reported | 5.48% | 1.90 | 2.18 | 41% | $0 | 09-30-2020 | $35.2M | $24.4M | $10.8M | $9.4M |
| January 2021 | $47.7M | not yet reported | 5.48% | 1.90 | 2.18 | 41% | $0 | 09-30-2020 | $35.2M | $24.4M | $10.8M | $9.4M |
| February 2021 | $47.7M | not yet reported | 5.48% | 1.90 | 2.18 | 41% | $0 | 09-30-2020 | $35.2M | $24.4M | $10.8M | $9.4M |
| March 2021 | $47.6M | not yet reported | 5.48% | 1.90 | 2.18 | 41% | $0 | 09-30-2020 | $35.2M | $24.4M | $10.8M | $9.4M |
| April 2021 | $47.5M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2021 | $47.5M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2021 | $47.4M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2021 | $47.4M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| August 2021 | $47.3M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| September 2021 | $47.2M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2021 | $47.2M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2021 | $47.1M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2021 | $47.0M | not yet reported | 5.48% | 0.00 | 0.00 | 46% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2022 | $47.0M | not yet reported | 5.48% | 2.49 | 2.82 | 46% | $0 | 09-30-2021 | $27.0M | $16.5M | $10.5M | $9.3M |
| February 2022 | $46.9M | not yet reported | 5.48% | 2.49 | 2.82 | 46% | $0 | 09-30-2021 | $27.0M | $16.5M | $10.5M | $9.3M |
| March 2022 | $46.8M | not yet reported | 5.48% | 2.49 | 2.82 | 68% | $0 | 09-30-2021 | $27.0M | $16.5M | $10.5M | $9.3M |
| April 2022 | $46.8M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2022 | $46.7M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2022 | $46.6M | not yet reported | 5.48% | 0.00 | 0.00 | 69% | $0 | 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 |
|---|---|
| 2020-06-04 | Loan modified (rate after modification 0.00%; maturity after modification 2022-09-06; payment after modification $0) |
| 2022-09-06 | Scheduled maturity passed; the loan is still reported, with status not yet reported in June 2022 |
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: CSAIL 2017-CX10 Commercial Mortgage Trust (segment D01, CIK 1720474).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.