Office · Los Angeles, California
Cahuenga West Office Building
Cahuenga West Office Building is financed with a $23.7M CMBS loan at 4.77% that reaches maturity on February 5, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $23,657,615
- Original balance (same notes)
- $24,700,000
- Interest rate
- 4.77% fixed
- Originated
- January 31, 2017
- Maturity
- February 5, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- December 4, 2026
- Master servicer
- Trimont LLC
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred January 22, 2025
- Workout strategy
- Foreclosure
- Defeasance
- None reported
The property
- Address
- 3330 Cahuenga Boulevard, Los Angeles, CA 90068
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 102,643 sq ft
- Built
- 1988
- Largest tenants
- EPS-Cineworks LLC; Silver Lining Entertainment; Slate Digital LLC
- Value at securitization
- $36.8M (Dec 2016)
Performance
| At securitization | Latest (Sep 2024) | |
|---|---|---|
| DSCR (NOI) | 2.13x | 0.61x |
| Occupancy | 98% | 56% |
| Net operating income (annualized from 9 months) | $2.5M | $948K |
| Debt yield | 4.0% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 filing for the reporting period ending September 10, 2026, filed with the SEC September 30, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- 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
On the cmbs.news watch list in all 11 monthly reports we hold (October 2025 to September 2026).
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 98% when the loan was securitized to 56%.
- Net operating income is 63% below the underwritten figure ($948K a year against $2.5M; the latest statement covers 9 months, annualized).
- Debt service coverage moved from 2.13x at securitization to 0.61x on the latest statements.
- At 0.61x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $18.1M (July 10, 2026), against $36.8M at securitization.
The last 11 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| August 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| July 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| June 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| May 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| April 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| March 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| February 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| January 2026 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| November 2025 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
| October 2025 | $23.7M | 90+ days delinquent | Yes | 0.61x | 56% |
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.
Special-servicing history
- Transferred to the special servicer January 22, 2025, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P7 | 17 | $23,657,615 | Sep 2026 | SEC filing, September 30, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Del Amo Fashion Center | Torrance, CA | Retail | $400.0M | 3.658% | Jun 2027 | 4.52x | 75% | Current |
| 1999 Avenue of the Stars | Los Angeles, CA | Office | $232.8M | 4.137% | May 2027 | 4.62x | 92% | Current |
| Colorado Center | Santa Monica, CA | Office | $160.0M | 3.562% | Aug 2027 | 3.00x | 90% | Current |
| 2355 and 2383 Utah Ave | El Segundo, CA | Office | $85.0M | 5.64% | May 2027 | 1.93x | 100% | Current |
| Medical Centre Of Santa Monica - West | Santa Monica, CA | Office | $71.0M | 4.06% | Jan 2027 | n/a | n/a | Current |
| Shoreline Square | Long Beach, CA | Office | $55.6M | 3.75% | Feb 2027 | 2.52x | 80% | Current |
| Courtyard Los Angeles Sherman Oaks | Sherman Oaks, CA | Hotel | $52.6M | 4.474% | Dec 2027 | 1.49x | 71% | Current |
| Los Angeles Corporate Center | Monterey Park, CA | Office | $52.3M | 4.70% | Apr 2027 | 1.93x | 74% | Current |
All loans maturing in 2027 · All Los Angeles-Long Beach-Anaheim loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 10, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.