Retail · Houston, Texas
8350 and 8366 Westheimer Road
8350 and 8366 Westheimer Road is financed with a $6.6M CMBS loan at 4.74% that reaches maturity on February 1, 2032, in 5 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,611,355
- Original balance (same notes)
- $7,140,000
- Interest rate
- 4.74% fixed
- Originated
- January 18, 2022
- Maturity
- February 1, 2032
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- February 29, 2024
- Prepayment premium ends
- July 31, 2031 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Mortgage Capital Holdings LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 8350 and 8366 Westheimer Road, Houston, TX 77057
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 23,116 sq ft
- Built
- 2000
- Largest tenants
- Saravanaa Bhavan; Panda Express; Benjamin Moore Paints
- Value at securitization
- $10.3M (Nov 2021)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.14x |
| Occupancy | 100% | 86% |
| Net operating income (annualized from 3 months) | $638K | $515K |
| Debt yield | 7.8% |
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 2022-BNK40 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 100% when the loan was securitized to 86%.
- Net operating income is 19% below the underwritten figure ($515K a year against $638K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.43x at securitization to 1.14x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.6M | Current | No | 1.14x | 86% |
| August 2026 | $6.6M | Current | No | 1.14x | 86% |
| July 2026 | $9.6M | Current | No | 2.57x | 94% |
| June 2026 | $6.6M | Current | No | 1.19x | 86% |
| May 2026 | $6.7M | Current | No | 1.19x | 86% |
| April 2026 | $6.7M | Current | No | 1.19x | 86% |
| March 2026 | $6.7M | Current | No | 1.19x | 86% |
| February 2026 | $6.7M | Current | No | 1.42x | 87% |
| January 2026 | $6.7M | Current | No | 1.42x | 87% |
| December 2025 | $6.7M | Current | No | 1.42x | 87% |
| November 2025 | $6.7M | Current | No | 1.42x | 87% |
| October 2025 | $6.7M | Current | No | 1.42x | 87% |
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 2022-BNK40 | 34 | $6,611,355 | Sep 2026 | SEC filing, September 29, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Katy Mills | Katy, TX | Retail | $123.0M | 5.767% | Aug 2032 | 3.63x | 93% | Current |
| The Kirby Collection | Houston, TX | Mixed use | $95.7M | 2.94% | Jan 2032 | 4.64x | 86% | Current |
| Providence at Memorial | Houston, TX | Multifamily | $76.0M | 6.307% | Jun 2032 | n/a | n/a | Current |
| Plaza on Richmond | Houston, TX | Retail | $44.0M | 5.595% | Aug 2032 | 1.61x | 84% | Current |
| Total Plaza | Houston, TX | Office | $32.5M | 4.771% | Apr 2032 | 1.37x | 81% | Current |
| Midtown Central Square | Houston, TX | Office | $30.7M | 5.08% | Mar 2032 | 1.83x | 78% | With the special servicer and 30-59 days delinquent |
| Creekside Apartments | Baytown, TX | Multifamily | $30.6M | 6.02% | Aug 2032 | n/a | n/a | Current |
| Fresenius - Houston | Houston, TX | Retail | $29.6M | 4.14% | Jan 2032 | n/a | n/a | Current |
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.