Office portfolio, 2 properties · Santa Monica, California
Medical Centre Of Santa Monica - West
This portfolio is financed with a $71.0M CMBS loan at 4.06% that reaches maturity on January 1, 2027, in 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $71,000,000
- Original balance (same notes)
- $71,000,000
- Interest rate
- 4.06% fixed
- Originated
- December 8, 2016
- Maturity
- January 1, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- February 28, 2019
- Prepayment premium ends
- June 30, 2026 (yield maintenance)
- Master servicer
- Midland
- Originator
- CGMRC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2001 Santa Monica Boulevard, Santa Monica, CA 90404
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Value at securitization
- $150.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $9.4M | $18.6M |
| Debt yield | 26.2% |
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 CD 2017-CD3 Mortgage Trust filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- 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
- Net operating income is 97% above the underwritten figure ($18.6M a year against $9.4M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Medical Centre Of Santa Monica - West | Santa Monica, CA | Office | 79% | 3.16x |
| Medical Centre of Santa Monica - East | Santa Monica, CA | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $71.0M | Current | No | 3.16x | 79% |
| September 2026 | $71.0M | Current | No | 3.16x | 79% |
| August 2026 | $71.0M | Current | No | 3.62x | 79% |
| July 2026 | $71.0M | Current | No | 3.62x | 81% |
| June 2026 | $71.0M | Current | No | 3.62x | 81% |
| May 2026 | $71.0M | Current | No | n/a | n/a |
| April 2026 | $71.0M | Current | No | 3.33x | 81% |
| March 2026 | $71.0M | Current | No | 3.33x | 83% |
| February 2026 | $71.0M | Current | No | 3.33x | 83% |
| January 2026 | $71.0M | Current | No | 3.33x | 83% |
| December 2025 | $71.0M | Current | No | 3.33x | 83% |
| November 2025 | $71.0M | Current | No | 3.13x | 84% |
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CD 2017-CD3 Mortgage Trust | 4 | $71,000,000 | Oct 2026 | SEC filing, October 22, 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 |
| 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 |
| Anaheim Marriott Suites | Garden Grove, CA | Hotel | $50.4M | 5.395% | Feb 2027 | 0.30x | 58% | 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 October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.