Mixed use · Indianapolis, Indiana
117 East Washington
117 East Washington is financed with a $5.5M CMBS loan at 4.74% that reaches maturity on September 6, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,529,233
- Original balance (same notes)
- $6,600,000
- Interest rate
- 4.74% fixed
- Originated
- August 10, 2017
- Maturity
- September 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 117 East Washington Street, Indianapolis, IN 46204
- Metro
- Indianapolis-Carmel-Greenwood, IN
- Rentable area
- 48,702 sq ft
- Built
- 1960, renovated 2007
- Largest tenants
- The Broadbent Company Inc.; FOGO DE CHAO; Morgan & Morgan Kentucky PLLC
- Value at securitization
- $10.3M (Jul 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.75x | 2.02x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $723K | $843K |
| Debt yield | 15.3% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Matures within 12 months
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
- Net operating income is 17% above the underwritten figure ($843K a year against $723K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.75x at securitization to 2.02x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.5M | Current | No | 2.02x | 100% |
| August 2026 | $5.5M | Current | No | 2.02x | 100% |
| July 2026 | $5.6M | Current | No | 2.02x | 100% |
| June 2026 | $5.6M | Current | No | 2.02x | 100% |
| May 2026 | $5.6M | Current | No | 1.87x | 100% |
| April 2026 | $5.6M | Current | No | 1.87x | 100% |
| March 2026 | $5.6M | Current | No | 1.87x | 100% |
| February 2026 | $5.6M | Current | No | 1.87x | 100% |
| January 2026 | $5.6M | Current | No | 1.76x | 100% |
| December 2025 | $5.6M | Current | No | 1.76x | 100% |
| November 2025 | $5.6M | Current | No | 1.76x | 100% |
| October 2025 | $5.7M | Current | No | 1.94x | 100% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 | 40 | $5,529,233 | Sep 2026 | SEC filing, September 30, 2026 |
Other Indianapolis-Carmel-Greenwood loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hamilton Crossing, Carmel | Carmel, IN | Office | $45.7M | 4.92% | Feb 2027 | 1.36x | 66% | With the special servicer |
| Lockefield Gardens | Indianapolis, IN | Multifamily | $30.4M | 4.618% | Nov 2027 | 1.35x | 88% | Current |
| Covance Business Center | Indianapolis, IN | Mixed use | $20.3M | 4.45% | Oct 2027 | 1.72x | 100% | Current |
| Meridian North | Indianapolis, IN | Mixed use | $15.4M | 4.82% | Nov 2027 | 1.90x | 98% | Current |
| Shiloh Crossing | Avon, IN | Retail | $10.4M | 4.774% | May 2027 | 1.67x | 100% | Current |
| Mill Creek Self Storage | Noblesville, IN | Self storage | $5.9M | 5.38% | Feb 2027 | 1.65x | 85% | Current |
| Cvs Retail Plaza | Indianapolis, IN | Retail | $5.3M | 4.36% | Aug 2027 | 3.50x | 100% | Current |
| Strawbridge Green Apartments | Indianapolis, IN | Multifamily | $4.9M | 4.26% | Aug 2027 | 2.07x | 93% | Current |
All loans maturing in 2027 · All Indianapolis-Carmel-Greenwood 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.