Other · Boston, Massachusetts
Artist Building at 300 Summer Cooperative Corporation
Artist Building at 300 Summer Cooperative Corporation is financed with a $8.0M CMBS loan at 4.62% that reaches maturity on September 1, 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
- $7,950,555
- Original balance (same notes)
- $9,524,360
- Interest rate
- 4.62% fixed
- Originated
- August 8, 2017
- Maturity
- September 1, 2027
- Payments
- Amortizing over 30 years
- Prepayment premium ends
- September 1, 2027
- Master servicer
- NCB
- Originator
- NATIONAL COOPERATIVE BANK N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 300 Summer St, Boston, MA 02210
- Metro
- Boston-Cambridge-Newton, MA-NH
- Units, rooms or beds
- 48
- Built
- 1898, renovated 2012
- Value at securitization
- $39.8M (Jul 2016)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.44x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the BANK 2017-BNK7 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- The most recent valuation in the filing is $54.6M (September 3, 2019), against $39.8M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.0M | Current | No | n/a | n/a |
| August 2026 | $8.0M | Current | No | n/a | n/a |
| July 2026 | $8.0M | Current | No | n/a | n/a |
| June 2026 | $8.0M | Current | No | n/a | n/a |
| May 2026 | $8.0M | Current | No | n/a | n/a |
| April 2026 | $8.0M | Current | No | n/a | n/a |
| March 2026 | $8.1M | Current | No | n/a | n/a |
| February 2026 | $8.1M | Current | No | n/a | n/a |
| January 2026 | $8.1M | Current | No | n/a | n/a |
| December 2025 | $8.1M | Current | No | n/a | n/a |
| November 2025 | $8.1M | Current | No | n/a | n/a |
| October 2025 | $8.1M | Current | No | n/a | n/a |
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-BNK7 | 29 | $7,950,555 | Sep 2026 | SEC filing, September 29, 2026 |
Other Boston-Cambridge-Newton loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Park Square | Boston, MA | Office | $160.0M | 4.146% | Nov 2027 | 0.57x | 40% | With the special servicer and 90+ days delinquent |
| The Davenport | Cambridge, MA | Office | $105.0M | 4.22% | Feb 2027 | 3.08x | 99% | Current |
| South Station Head House | Boston, MA | Mixed use | $75.0M | 4.495% | Sep 2027 | 2.23x | 89% | Current |
| U-Haul of Medford | Somerville, MA | Self storage | $51.2M | 3.703% | Sep 2027 | n/a | n/a | Current |
| Hampton Inn - Boston Braintree | Braintree, MA | Hotel | $12.6M | 4.75% | Jun 2027 | 1.13x | 82% | Current |
| 400 Manley | West Bridgewater, MA | Industrial | $8.3M | 4.99% | Mar 2027 | -0.26x | 41% | Current |
| Best Buy - Braintree | Braintree, MA | Retail | $6.6M | 4.82% | Jan 2027 | 2.93x | 100% | Current |
| Walgreens Dorchester | Boston, MA | Retail | $3.0M | 5.11% | Jan 2027 | n/a | n/a | Current |
All loans maturing in 2027 · All Boston-Cambridge-Newton 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.