← 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
- $40.0M (September 2026)
- Share of deal
- 8.2%
- Status
- Foreclosure
- DSCR (latest)
- 1.14
- Occupancy (latest)
- 71%
- Scheduled maturity
- 2022-08-05
Property and terms
| Property | JW Marriott Chicago |
| Address | 151 West Adams Street; Chicago, IL 60603 |
| Property type | Lodging |
| Units, beds or keys | 610 |
| Net rentable square feet | not yet reported |
| Year built | 1914 |
| Year last renovated | 2010 |
| Original balance | $40.0M |
| Current balance | $40.0M (September 2026) |
| Share of deal balance | 8.2% |
| Interest rate at origination | 4.04% |
| Current interest rate | 4.04% |
| Origination date | 07-21-2017 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2022-08-05 |
| Prepayment lockout end | 10-04-2019 |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | Natixis Real Estate Capital LLC |
| Current status | Foreclosure |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $370.4M | 05-02-2017 | MAI |
| Most recent reported | $186.4M | 2025-03-10 | MAI |
Change from securitization to the most recent reported valuation: -49.7%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 2017 | $40.0M | Current | 4.04% | 6.56 | 6.56 | not yet reported | $0 | 04-30-2017 | $72.0M | $50.6M | $21.3M | $21.3M |
| November 2017 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2017 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2018 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2018 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2018 | $40.0M | not yet reported | 4.04% | 1.24 | 1.43 | 76% | $0 | 12-31-2017 | $72.0M | $51.0M | $20.9M | $18.1M |
| April 2018 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 76% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2018 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 76% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| June 2018 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 76% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| July 2018 | $40.0M | not yet reported | 4.04% | 1.23 | 1.42 | 76% | $0 | 03-31-2018 | $71.4M | $50.6M | $20.8M | $17.9M |
| August 2018 | $40.0M | not yet reported | 4.04% | 1.23 | 1.42 | 76% | $0 | 03-31-2018 | $71.4M | $50.6M | $20.8M | $17.9M |
| September 2018 | $40.0M | not yet reported | 4.04% | 1.23 | 1.42 | 76% | $0 | 03-31-2018 | $71.4M | $50.6M | $20.8M | $17.9M |
| October 2018 | $40.0M | not yet reported | 4.04% | 1.21 | 1.41 | 76% | $0 | 06-30-2018 | $70.7M | $50.2M | $20.6M | $17.7M |
| November 2018 | $40.0M | not yet reported | 4.04% | 1.21 | 1.41 | 75% | $0 | 06-30-2018 | $70.7M | $50.2M | $20.6M | $17.7M |
| December 2018 | $40.0M | not yet reported | 4.04% | 1.21 | 1.41 | 75% | $0 | 06-30-2018 | $70.7M | $50.2M | $20.6M | $17.7M |
| February 2019 | $40.0M | not yet reported | 4.04% | 1.25 | 1.45 | 76% | $0 | 09-30-2018 | $71.5M | $50.3M | $21.2M | $18.3M |
| March 2019 | $40.0M | not yet reported | 4.04% | 1.32 | 1.52 | 76% | $0 | 12-31-2018 | $73.2M | $50.9M | $22.3M | $19.4M |
| April 2019 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 76% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2019 | $40.0M | not yet reported | 4.04% | 1.30 | 1.50 | 76% | $0 | 03-31-2019 | $72.9M | $51.0M | $22.0M | $19.0M |
| June 2019 | $40.0M | not yet reported | 4.04% | 1.30 | 1.50 | 76% | $0 | 03-31-2019 | $72.9M | $51.0M | $22.0M | $19.0M |
| July 2019 | $40.0M | not yet reported | 4.04% | 1.30 | 1.50 | 76% | $0 | 03-31-2019 | $72.9M | $51.0M | $22.0M | $19.0M |
| August 2019 | $40.0M | not yet reported | 4.04% | 1.30 | 1.50 | 76% | $0 | 03-31-2019 | $72.9M | $51.0M | $22.0M | $19.0M |
| September 2019 | $40.0M | not yet reported | 4.04% | 1.35 | 1.55 | 78% | $0 | 06-30-2019 | $74.0M | $51.3M | $22.7M | $19.7M |
| October 2019 | $40.0M | not yet reported | 4.04% | 1.35 | 1.55 | 78% | $0 | 06-30-2019 | $74.0M | $51.3M | $22.7M | $19.7M |
| November 2019 | $40.0M | not yet reported | 4.04% | 1.35 | 1.55 | 78% | $0 | 06-30-2019 | $74.0M | $51.3M | $22.7M | $19.7M |
| December 2019 | $40.0M | not yet reported | 4.04% | 1.35 | 1.55 | 79% | $0 | 06-30-2019 | $74.0M | $51.3M | $22.7M | $19.7M |
| January 2020 | $40.0M | not yet reported | 4.04% | 1.35 | 1.55 | 79% | $0 | 09-30-2019 | $73.7M | $51.1M | $22.7M | $19.7M |
| February 2020 | $40.0M | not yet reported | 4.04% | 1.35 | 1.55 | 79% | $0 | 09-30-2019 | $73.7M | $51.1M | $22.7M | $19.7M |
| March 2020 | $40.0M | not yet reported | 4.04% | 1.30 | 1.50 | 77% | $0 | 12-31-2019 | $72.7M | $50.8M | $21.9M | $19.0M |
| April 2020 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 77% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2020 | $40.0M | Matured balloon, non-performing | 4.04% | 0.00 | 0.00 | 77% | $134,528 | not yet reported | $0 | $0 | $0 | $0 |
| June 2020 | $40.0M | Matured balloon, non-performing | 4.04% | 1.14 | 1.32 | 71% | $139,021 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2020 | $40.0M | not yet reported | 4.04% | 1.14 | 1.32 | 71% | $273,558 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2020 | $40.0M | Matured balloon, non-performing | 4.04% | 1.14 | 1.32 | 71% | $412,579 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2020 | $40.0M | Matured balloon, non-performing | 4.04% | 1.14 | 1.32 | 71% | $551,600 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| October 2020 | $40.0M | 30-59 days delinquent | 4.04% | 1.14 | 1.32 | 71% | $686,137 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| November 2020 | $40.0M | not yet reported | 4.04% | 1.14 | 1.32 | 71% | $687,497 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| December 2020 | $40.0M | not yet reported | 4.04% | 1.14 | 1.32 | 71% | $826,794 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| January 2021 | $40.0M | Matured balloon, non-performing | 4.04% | 1.14 | 1.32 | 71% | $1.1M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| February 2021 | $40.0M | Matured balloon, non-performing | 4.04% | 1.14 | 1.32 | 71% | $1.1M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| March 2021 | $40.0M | 30-59 days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.1M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| April 2021 | $40.0M | 60-89 days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.2M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| May 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.4M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| June 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.5M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.6M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.8M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $1.9M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| October 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.0M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| November 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.2M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| December 2021 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.3M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| January 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.5M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| February 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.6M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| March 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.7M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| April 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $2.9M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| May 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $3.0M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| June 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $3.1M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2022 | $40.0M | 90+ days delinquent | 4.04% | 1.14 | 1.32 | 71% | $3.3M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2022 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $3.4M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2022 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $3.6M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| October 2022 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $3.7M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| November 2022 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $3.8M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| December 2022 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $4.0M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| January 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $4.1M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| February 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $4.2M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| March 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $4.4M | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| April 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,021 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| May 2023 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| June 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,021 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $134,537 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2023 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,021 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2023 | $40.0M | Foreclosure | 4.04% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2023 | $40.0M | Real estate owned (REO) | 4.04% | 0.00 | 0.00 | 71% | $134,537 | not yet reported | $0 | $0 | $0 | $0 |
| November 2023 | $40.0M | Foreclosure | 4.04% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2023 | $40.0M | not yet reported | 4.04% | 0.00 | 0.00 | 71% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,021 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| February 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,021 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| March 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $130,052 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| April 2024 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| May 2024 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| June 2024 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $134,528 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,012 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,012 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| October 2024 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| November 2024 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,012 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| December 2024 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| January 2025 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,012 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| February 2025 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| March 2025 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| April 2025 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| May 2025 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $134,637 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| June 2025 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,125 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2025 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $134,637 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2025 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,125 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2025 | $40.0M | Real estate owned (REO) | 4.04% | 1.14 | 1.32 | 71% | $139,125 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| October 2025 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| November 2025 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| December 2025 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| January 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| February 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| March 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| April 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| May 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| June 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| July 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| August 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
| September 2026 | $40.0M | Foreclosure | 4.04% | 1.14 | 1.32 | 71% | $0 | 03-31-2020 | $63.4M | $44.2M | $19.3M | $16.7M |
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 |
|---|---|
| 2020-04-22 | Transferred to the special servicer |
| 2020-04-24 | Transferred to the special servicer |
| 2020-05-12 | Loan modified (rate after modification 0.00%; maturity after modification 2022-08-05; payment after modification $0) |
| October 2020 | First reported 30 or more days delinquent |
| 2022-08-05 | Scheduled maturity passed; the loan is still reported, with status Foreclosure in September 2026 |
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: UBS Commercial Mortgage Trust 2017-C3; UBS Commercial Mortgage Trust 2017-C4.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.