Office · King of Prussia, Pennsylvania
2200 Renaissance Boulevard
2200 Renaissance Boulevard is financed with a $21.6M CMBS loan at 5.33% that reaches maturity on March 11, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $21,620,666
- Original balance (same notes)
- $24,000,000
- Interest rate
- 5.33% fixed
- Originated
- March 10, 2017
- Maturity
- March 11, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- December 10, 2026
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2200 Renaissance Boulevard, King of Prussia, PA 19406
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 184,118 sq ft
- Built
- 1985, renovated 2014
- Largest tenants
- IKEA; Buchanan Ingersoll & Rooney Pc; Genentech
- Value at securitization
- $32.3M (Jan 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.66x | 1.27x |
| Occupancy | 94% | 73% |
| Net operating income (annualized from 6 months) | $2.7M | $2.1M |
| Debt yield | 9.5% |
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 2017-BNK4 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
- NOI down 20% or more from securitization
- 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
- Occupancy has fallen from 94% when the loan was securitized to 73%.
- Net operating income is 23% below the underwritten figure ($2.1M a year against $2.7M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.66x at securitization to 1.27x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $21.6M | Current | No | 1.27x | 73% |
| August 2026 | $21.7M | Current | No | 1.29x | 73% |
| July 2026 | $21.7M | Current | No | 1.29x | 73% |
| June 2026 | $21.7M | Current | No | 1.29x | 73% |
| May 2026 | $21.8M | Current | No | 1.29x | 73% |
| April 2026 | $21.8M | Current | No | 1.29x | 73% |
| March 2026 | $21.8M | Current | No | 1.34x | 73% |
| February 2026 | $21.9M | Current | No | 1.34x | 73% |
| January 2026 | $21.9M | Current | No | 1.34x | 73% |
| December 2025 | $21.9M | Current | No | 1.34x | 73% |
| November 2025 | $22.0M | Current | No | 1.34x | 73% |
| October 2025 | $22.0M | Current | No | 1.34x | 73% |
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 2017-BNK4 | 18 | $21,620,666 | Sep 2026 | SEC filing, September 29, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Apex Fort Washington | Fort Washington, PA | Office | $48.0M | 5.28% | Mar 2027 | 1.12x | 66% | Current |
| Riverview Landing | Eagleville, PA | Multifamily | $44.0M | 4.944% | Nov 2027 | 1.32x | 93% | Current |
| Rodin Place | Philadelphia, PA | Mixed use | $41.6M | 4.35% | Aug 2027 | 1.55x | 76% | Current |
| Great Valley Commerce Center | Malvern, PA | Office | $40.9M | 4.48% | Aug 2027 | 1.91x | 86% | Current |
| Overlook at King of Prussia | King of Prussia, PA | Retail | $40.8M | 3.82% | Sep 2027 | 2.17x | 100% | Current |
| Kirkwood Plaza | Wilmington, DE | Retail | $32.5M | 4.59% | Nov 2027 | 2.06x | 79% | Current |
| Bakers Centre | Philadelphia, PA | Retail | $32.0M | 3.942% | Nov 2027 | 3.06x | 100% | Current |
| Valley Creek Corporate Center | Exton, PA | Office | $31.6M | 4.30% | Jun 2027 | 1.18x | 49% | With the special servicer |
All loans maturing in 2027 · All Philadelphia-Camden-Wilmington 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.