Office · San Francisco, California
222 Second Street
Public CMBS trusts hold $291.5M of the loan on 222 Second Street at 3.926% that reaches its anticipated repayment date on September 10, 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
- $291,500,000
- Original balance (same notes)
- $291,500,000
- Interest rate
- 3.926% fixed
- Originated
- August 30, 2017
- Maturity
- September 10, 2029
- Anticipated repayment date
- September 10, 2027 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ends
- March 9, 2027
- Master servicer
- Trimont LLC
- Originator
- Bank of America, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 222 Second Street, San Francisco, CA 94105
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 452,418 sq ft
- Built
- 2015
- Largest tenants
- Linked Incorporated; Linked Incorporated; Linked Incorporated
- Value at securitization
- $516.0M (Jul 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.96x | 1.25x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $22.7M | $14.6M |
| Debt yield | 5.0% |
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-BNK8 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x 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
- Net operating income is 36% below the underwritten figure ($14.6M a year against $22.7M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.96x at securitization to 1.25x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $291.5M | Current | No | 1.25x | 100% |
| August 2026 | $291.5M | Current | No | 1.19x | 100% |
| July 2026 | $291.5M | Current | No | 1.19x | 100% |
| June 2026 | $291.5M | Current | No | 1.19x | 100% |
| May 2026 | $291.5M | Current | No | 2.39x | 100% |
| April 2026 | $291.5M | Current | No | 2.39x | 100% |
| March 2026 | $291.5M | Current | No | 2.39x | 100% |
| February 2026 | $291.5M | Current | No | 2.40x | 100% |
| January 2026 | $291.5M | Current | No | 2.40x | 100% |
| December 2025 | $291.5M | Current | No | 2.40x | 100% |
| November 2025 | $291.5M | Current | No | 2.43x | 100% |
| October 2025 | $291.5M | Current | No | 2.43x | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2017-BNK7 | 2 | $110,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 | 1 | $100,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2017-BNK8 | 4 | $81,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 300 Montgomery | San Francisco, CA | Office | $66.0M | 3.57% | Sep 2027 | 1.56x | 61% | Current |
| 55 Hawthorne | San Francisco, CA | Office | $61.5M | 4.123% | Jan 2027 | -0.77x | 24% | With the special servicer and 90+ days delinquent |
| Doubletree Berkeley Marina | Berkeley, CA | Hotel | $30.1M | 4.82% | Sep 2027 | -0.48x | 72% | With the special servicer |
| 634 Second Street | San Francisco, CA | Office | $27.9M | 4.909% | Mar 2027 | 2.23x | 99% | Current |
| 181 Second Avenue | San Mateo, CA | Office | $22.6M | 3.60% | Jul 2027 | 2.51x | 67% | Current |
| 555 De Haro | San Francisco, CA | Industrial | $19.0M | 4.31% | Nov 2027 | 1.95x | 80% | Current |
| San Mateo Self Storage | San Mateo, CA | Self storage | $19.0M | 4.35% | Feb 2027 | 3.25x | 100% | Current |
| 1450 Veterans | Redwood City, CA | Office | $17.9M | 4.07% | Aug 2027 | -0.78x | n/a | Current |
All loans maturing in 2027 · All San Francisco-Oakland-Fremont 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.