Office portfolio, 16 properties · Kansas
Corporate Woods Portfolio
Public CMBS trusts hold $154.2M of the loan on this portfolio at 4.45% that reaches maturity on September 6, 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
- $154,154,062
- Original balance (same notes)
- $185,625,000
- Interest rate
- 4.45% fixed
- Originated
- August 9, 2017
- Maturity
- September 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.; Morgan Stanley Bank N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Value at securitization
- $295.5M (Jun 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.69x | 1.31x |
| Occupancy | 93% | 75% |
| Net operating income (annualized from 6 months) | $22.6M | $17.6M |
| Debt yield | 11.4% |
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-P8 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- 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
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 93% when the loan was securitized to 75%.
- Net operating income is 22% below the underwritten figure ($17.6M a year against $22.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.69x at securitization to 1.31x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $154.2M | Current | No | 1.31x | 75% |
| August 2026 | $154.5M | Current | No | 1.31x | 75% |
| July 2026 | $154.8M | Current | No | 1.37x | 74% |
| June 2026 | $155.2M | Current | No | 1.37x | 74% |
| May 2026 | $155.5M | Current | No | 1.37x | 74% |
| April 2026 | $155.9M | Current | No | 1.17x | 71% |
| March 2026 | $156.2M | Current | No | 1.17x | 71% |
| February 2026 | $156.6M | Current | No | 1.17x | 71% |
| January 2026 | $157.0M | Current | No | 1.17x | 71% |
| December 2025 | $157.3M | Current | No | 1.17x | 71% |
| November 2025 | $157.6M | Current | No | 1.25x | 71% |
| October 2025 | $158.0M | Current | No | 1.21x | 69% |
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 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2017-BNK7 | 4 | $58,651,208 | Sep 2026 | SEC filing, September 29, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 | 11 | $33,218,384 | Sep 2026 | SEC filing, September 29, 2026 |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 | 4 | $24,913,788 | Sep 2026 | SEC filing, September 30, 2026 |
| CD 2017-CD6 Mortgage Trust | 16 | $20,761,490 | Sep 2026 | SEC filing, September 25, 2026 |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 | 4A | $16,609,192 | Sep 2026 | SEC filing, September 30, 2026 |
Other Kansas loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Corporate Woods - Building 82 | Overland Park, KS | Office | $29.6M | 4.45% | Sep 2027 | n/a | n/a | Current |
| Northridge Plaza | Olathe, KS | Retail | $28.4M | 4.80% | May 2027 | 1.62x | 98% | Current |
| Hilton Garden Inn - Overland Park | Overland Park, KS | Hotel | $10.0M | 5.13% | Feb 2027 | 2.33x | 71% | Current |
| Parkway Shopping Center | Shawnee, KS | Retail | $5.7M | 4.66% | Dec 2027 | 0.84x | 60% | Current |
| Wanamaker Crossing | Topeka, KS | Retail | $4.5M | 4.93% | Jul 2027 | 0.59x | 93% | Current |
| Berkshire Village Townhouses, Inc. | Kansas City, KS | Other | $3.6M | 4.38% | Sep 2027 | n/a | n/a | Current |
| Colonial Park Townhouses | Topeka, KS | Other | $2.3M | 4.41% | Sep 2027 | n/a | n/a | Current |
| Hawthorne Place Townhomes | Lawrence, KS | Multifamily | $1.9M | 5.135% | Nov 2027 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 9, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.