Office · Malibu, California
Malibu Office
Malibu Office is financed with a $11.5M CMBS loan at 4.70% that reaches maturity on May 6, 2027, in 6 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
- $11,470,516
- Original balance (same notes)
- $11,750,000
- Interest rate
- 4.70% fixed
- Originated
- April 17, 2017
- Maturity
- May 6, 2027
- Payments
- Interest only for 84 months, then amortizing
- Prepayment lockout ends
- February 5, 2027
- Master servicer
- Midland
- Originator
- DBNY
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred May 13, 2024
- Workout strategy
- REO
- Defeasance
- None reported
The property
- Address
- 22809 Pacific Coast Highway, Malibu, CA 90265
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 18,643 sq ft
- Built
- 1989, renovated 2016
- Value at securitization
- $17.3M (Dec 2016)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.74x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $975K | n/a |
Watch flags
Computed from the CD 2017-CD4 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- 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
- The most recent valuation in the filing is $7.3M (March 16, 2026), against $17.3M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.5M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $11.5M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $11.5M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $11.5M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $11.5M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $11.5M | 90+ days delinquent | Yes | n/a | n/a |
| March 2026 | $11.5M | 30-59 days delinquent | Yes | n/a | n/a |
| February 2026 | $11.5M | 30-59 days delinquent | Yes | n/a | n/a |
| January 2026 | $11.5M | 30-59 days delinquent | Yes | n/a | n/a |
| December 2025 | $11.5M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| November 2025 | $11.5M | Payment not received but still in grace period or not yet due | Yes | n/a | n/a |
| October 2025 | $11.6M | 90+ days delinquent | Yes | 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.
Special-servicing history
- Transferred to the special servicer May 13, 2024, 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 |
|---|---|---|---|---|
| CD 2017-CD4 Mortgage Trust | 25 | $11,470,516 | Sep 2026 | SEC filing, September 25, 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 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.