Hotel · Los Angeles, California

Marriott LAX Airport

Public CMBS trusts hold $33.5M of the loan on Marriott LAX Airport at 5.114% that reaches maturity on March 6, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$33,459,494
Original balance (same notes)
$40,000,000
Interest rate
5.114% fixed
Originated
March 6, 2017
Maturity
March 6, 2027
Payments
Amortizing over 30 years
Prepayment lockout ends
December 5, 2026
Master servicer
Midland Loan Services
Originator
Ladder Capital Finance I LLC

Status

Payment status
Current (code 0)
Special servicing
Transferred December 10, 2020, returned June 30, 2022
Workout strategy
Resolved
Modified
Yes, most recently February 25, 2022
Defeasance
None reported

The property

Address
5855 West Century Boulevard, Los Angeles, CA 90045
Metro
Los Angeles-Long Beach-Anaheim, CA
Units, rooms or beds
1,004
Built
1973, renovated 2017
Value at securitization
$257.0M (Feb 2017)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)2.10x1.15x
Occupancy85%74%
Net operating income (annualized from 6 months)$20.1M$22.3M
Debt yield66.5%

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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C4 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.

  • Coverage down 0.25x or more from securitization
  • Occupancy down 10 points or more from securitization
  • Matures within 12 months
  • Modified

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 85% when the loan was securitized to 74%.
  • Net operating income is 11% above the underwritten figure ($22.3M a year against $20.1M; the latest statement covers 6 months, annualized).
  • Debt service coverage moved from 2.10x at securitization to 1.15x on the latest statements.
  • The most recent valuation in the filing is $182.0M (April 26, 2021), against $257.0M at securitization.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$33.5MCurrentNo1.15x74%
August 2026$33.5MCurrentNo1.70x74%
July 2026$33.6MCurrentNo1.70x81%
June 2026$33.7MCurrentNo1.70x81%
May 2026$33.7MCurrentNo1.70x81%
April 2026$33.8MCurrentNo1.12x77%
March 2026$33.9MCurrentNo1.12x77%
February 2026$34.0MLate payment but less than 30 days delinquentNo1.12x77%
January 2026$34.0MCurrentNo1.15x78%
December 2025$34.1MCurrentNo1.15x78%
November 2025$34.2MCurrentNo1.15x78%
October 2025$34.2MCurrentNo1.28x79%

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 December 10, 2020, returned to the master servicer June 30, 2022.

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.

TrustLoan no.BalanceReport periodSource
CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C46$33,459,494Sep 2026SEC filing, September 25, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

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.