Mixed use · Cambridge, Massachusetts
CX - 250 Water Street
Public CMBS trusts hold $531.5M of the loan on CX - 250 Water Street at 5.51% that reaches its anticipated repayment date on February 10, 2033, in 6 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
- $531,500,000
- Original balance (same notes)
- $531,500,000
- Interest rate
- 5.51% fixed
- Originated
- January 27, 2023
- Maturity
- February 10, 2038
- Anticipated repayment date
- February 10, 2033 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ended
- March 9, 2025
- Prepayment premium ends
- August 9, 2032 (yield maintenance)
- Master servicer
- Wells Fargo Bank
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 250 Water Street, Cambridge, MA 02141
- Metro
- Boston-Cambridge-Newton, MA-NH
- Rentable area
- 479,004 sq ft
- Built
- 2022
- Largest tenants
- E.R. Squibb & Sons, L.L.C
- Value at securitization
- $1.1B (Jan 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.66x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $49.3M | n/a |
Watch flags
Computed from the MSWF Commercial Mortgage Trust 2023-1 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $531.5M | Current | No | 1.52x | 99% |
| August 2026 | $531.5M | Current | No | 1.58x | 99% |
| July 2026 | $541.5M | Current | No | 1.58x | 99% |
| June 2026 | $531.5M | Current | No | 1.58x | 17% |
| May 2026 | $531.5M | Current | No | 1.58x | 99% |
| April 2026 | $531.5M | Current | No | 1.58x | 99% |
| March 2026 | $531.5M | Late payment but less than 30 days delinquent | No | 1.58x | 99% |
| February 2026 | $531.5M | Current | No | 1.63x | 99% |
| January 2026 | $531.5M | Current | No | 1.63x | 99% |
| December 2025 | $531.5M | Current | No | 1.63x | 99% |
| November 2025 | $531.5M | Current | No | 1.55x | 99% |
| October 2025 | $531.5M | Current | No | 1.55x | 99% |
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 16 notes held by different trusts. Each trust reports its own piece.
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.