Office · West Allis, Wisconsin
Summit Place Wisconsin
Public CMBS trusts hold $28.4M of the loan on Summit Place Wisconsin at 4.89% that reaches maturity on December 6, 2026, in 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $28,419,254
- Original balance (same notes)
- $32,000,000
- Interest rate
- 4.89% fixed
- Originated
- December 1, 2016
- Maturity
- December 6, 2026
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- April 5, 2019
- Master servicer
- Trimont LLC
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 10, 2026
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 6737 West Washington Street, West Allis, WI 53214
- Metro
- Milwaukee-Waukesha, WI
- Rentable area
- 664,479 sq ft
- Built
- 1905, renovated 2003
- Largest tenants
- Mead & Hunt; Children's Hospital and Health System Inc.; Steele Solutions
- Value at securitization
- $99.0M (Oct 2016)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.52x | 1.09x |
| Occupancy | 99% | 71% |
| Net operating income | $7.0M | $5.0M |
| Debt yield | 17.6% |
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 JPMDB Commercial Mortgage Securities Trust 2017-C5 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- 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
On the cmbs.news watch list in every report since May 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
- Occupancy has fallen from 99% when the loan was securitized to 71%.
- Net operating income is 29% below the underwritten figure ($5.0M a year against $7.0M).
- Debt service coverage moved from 1.52x at securitization to 1.09x on the latest statements.
- The most recent valuation in the filing is $53.7M (June 8, 2026), against $99.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.4M | Current | Yes | 1.09x | 71% |
| August 2026 | $28.5M | Late payment but less than 30 days delinquent | Yes | 1.09x | 71% |
| July 2026 | $28.5M | Current | Yes | 1.09x | 71% |
| June 2026 | $28.6M | Current | Yes | 1.09x | 71% |
| May 2026 | $28.7M | Late payment but less than 30 days delinquent | Yes | 1.09x | 71% |
| April 2026 | $28.7M | Current | No | 1.09x | 71% |
| March 2026 | $28.7M | Current | No | 1.09x | 71% |
| February 2026 | $28.8M | Current | No | 1.09x | 71% |
| January 2026 | $28.8M | Current | No | 1.09x | 71% |
| December 2025 | $28.9M | Current | No | 1.00x | 71% |
| November 2025 | $29.0M | Late payment but less than 30 days delinquent | No | 1.00x | 71% |
| October 2025 | $29.0M | Current | No | 1.09x | 71% |
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 April 10, 2026, 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 |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2017-C5 | 16 | $28,419,254 | Sep 2026 | SEC filing, September 28, 2026 |
Other Milwaukee-Waukesha loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Summit Place | West Allis, WI | Office | $35.5M | 4.89% | Dec 2026 | n/a | n/a | With the special servicer |
| Walgreens - Wauwatosa, WI | Wauwatosa, WI | Retail | $35.0M | 4.593% | Dec 2026 | n/a | n/a | Current |
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.