Office · Westlake Village, California
100 & 200 Westlake - Ca
100 & 200 Westlake - Ca is financed with a $11.6M CMBS loan at 3.307% that reaches maturity on January 11, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,570,000
- Original balance (same notes)
- $11,570,000
- Interest rate
- 3.307% fixed
- Originated
- December 17, 2020
- Maturity
- January 11, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 10, 2030
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 100 & 200 North Westlake Boulevard, Westlake Village, CA 91362
- Metro
- Oxnard-Thousand Oaks-Ventura, CA
- Rentable area
- 69,717 sq ft
- Built
- 1980
- Largest tenants
- Westlake Private Wealth Management a California g; Rodeo Realty; Chivaroli & Associates Inc.
- Value at securitization
- $17.8M (Sep 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.24x | 2.77x |
| Occupancy | 90% | 66% |
| Net operating income (annualized from 6 months) | $1.3M | $1.1M |
| Debt yield | 9.3% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2021-BNK31 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 90% when the loan was securitized to 66%.
- Net operating income is 14% below the underwritten figure ($1.1M a year against $1.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.24x at securitization to 2.77x on the latest statements.
- The filing gives Jul 2028 as the lease end date for the largest tenant (Westlake Private Wealth Management a California g), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.6M | Current | No | 2.77x | 66% |
| August 2026 | $11.6M | Current | No | 3.37x | 86% |
| July 2026 | $11.6M | Current | No | 3.37x | 86% |
| June 2026 | $11.6M | Current | No | 3.89x | 76% |
| May 2026 | $11.6M | Current | No | 3.89x | 76% |
| April 2026 | $11.6M | Current | No | 3.89x | 76% |
| March 2026 | $11.6M | Current | No | 4.24x | 92% |
| February 2026 | $11.6M | Current | No | 4.24x | 92% |
| January 2026 | $11.6M | Late payment but less than 30 days delinquent | No | 4.24x | 92% |
| December 2025 | $11.6M | Late payment but less than 30 days delinquent | No | 4.24x | 92% |
| November 2025 | $11.6M | Current | No | 4.24x | 92% |
| October 2025 | $11.6M | Current | No | 3.46x | 88% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2021-BNK31 | 24 | $11,570,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Oxnard-Thousand Oaks-Ventura loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Residence Inn Camarillo | Camarillo, CA | Hotel | $25.4M | 6.831% | Jan 2031 | 1.92x | 79% | Current |
| 2000 Corporate Center | Thousand Oaks, CA | Industrial | $23.4M | 6.232% | Jan 2031 | 1.84x | n/a | Current |
| Storquest Thousand Oaks | Thousand Oaks, CA | Self storage | $14.0M | 3.253% | Nov 2031 | 3.10x | 95% | Current |
| Anchor Court Industrial | Thousand Oaks, CA | Industrial | $8.0M | 3.015% | Nov 2031 | 7.22x | 100% | Current |
| Village at Dos Vientos | Thousand Oaks, CA | Mixed use | $8.0M | 3.781% | Sep 2031 | 1.15x | 84% | Current |
| Ventura Storage | Ventura, CA | Self storage | $7.3M | 3.59% | Jun 2031 | 2.82x | 93% | Current |
| Gateway Plaza at Moorpark | Moorpark, CA | Mixed use | $5.0M | 6.64% | May 2031 | n/a | n/a | Current |
| 300 Lombard Street | Thousand Oaks, CA | Office | $2.9M | 4.74% | Nov 2031 | 1.84x | 100% | Current |
All loans maturing in 2031 · All Oxnard-Thousand Oaks-Ventura loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.