Office · Los Angeles, California
Center West
Public CMBS trusts hold $80.0M of the loan on Center West at 4.435% that reaches maturity on December 6, 2026, in 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $80,000,000
- Original balance (same notes)
- $80,000,000
- Interest rate
- 4.435% fixed
- Originated
- December 6, 2016
- Maturity
- December 6, 2026
- Payments
- Interest only for the full term
- Prepayment lockout ended
- January 5, 2019
- Prepayment premium ends
- September 5, 2026 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- UBSAG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 10877 Wilshire Boulevard, Los Angeles, CA 90024
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 349,298 sq ft
- Built
- 1985
- Largest tenants
- Wells Fargo Bank; BISHOP GOLD GROUP LLC; IRONGATE AZREP BW LLC
- Value at securitization
- $209.0M (Oct 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.15x | 0.78x |
| Occupancy | 57% | 35% |
| Net operating income (annualized from 3 months) | $7.7M | $2.8M |
| Debt yield | 3.5% |
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 CFCRE 2017-C8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- 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 12 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 57% when the loan was securitized to 35%.
- Net operating income is 64% below the underwritten figure ($2.8M a year against $7.7M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.15x at securitization to 0.78x on the latest statements.
- At 0.78x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $80.0M | Current | No | 0.78x | 35% |
| August 2026 | $80.0M | Current | No | 0.78x | 35% |
| July 2026 | $80.0M | Current | No | 0.78x | 35% |
| June 2026 | $80.0M | Current | No | 0.82x | 35% |
| May 2026 | $80.0M | Current | No | 0.82x | 35% |
| April 2026 | $80.0M | Current | No | 0.82x | 35% |
| March 2026 | $80.0M | Current | No | 0.89x | 35% |
| February 2026 | $80.0M | Current | No | 0.89x | 35% |
| January 2026 | $80.0M | Current | No | 0.89x | 35% |
| December 2025 | $80.0M | Current | No | 0.90x | 34% |
| November 2025 | $80.0M | Current | No | 0.90x | 34% |
| October 2025 | $80.0M | Current | No | 0.90x | 34% |
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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2017-C1 | 8 | $30,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2017-RB1 | 3 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2017-RB1 | 3A | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| CFCRE 2017-C8 Mortgage Trust | 22 | $10,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Platform | Culver City, CA | Mixed use | $37.0M | 5.143% | Dec 2026 | 2.35x | 95% | Current |
| Sixty Hotel Beverly Hills | Beverly Hills, CA | Hotel | $37.0M | 6.00% | Aug 2026 | 1.47x | 74% | With the special servicer |
| Calabasas Tech Center | Calabasas, CA | Office | $33.0M | 4.858% | Dec 2026 | 1.63x | 68% | Current |
| Courtyard Century City | Los Angeles, CA | Hotel | $32.9M | 4.25% | Nov 2026 | 2.22x | 78% | Current |
| 925 N La Brea Avenue | Los Angeles, CA | Mixed use | $26.8M | 4.19% | Oct 2026 | 0.67x | 71% | Current |
| Golden Cove Shopping Center | Rancho Palos Verdes, CA | Mixed use | $23.1M | 4.78% | Dec 2026 | 1.40x | 97% | Current |
| 431 Ocean Front Walk | Los Angeles, CA | Mixed use | $16.0M | 4.971% | Dec 2026 | n/a | n/a | Current |
| Melrose Place | Los Angels, CA | Retail | $16.0M | 4.452% | Dec 2026 | n/a | n/a | Current |
All loans maturing in 2026 · 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 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.