Hotel · New York, New York
The Standard Highline NYC
Public CMBS trusts hold $103.4M of the loan on The Standard Highline NYC at 4.30% that reaches its anticipated repayment date on November 5, 2027, in 12 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $103,400,000
- Original balance (same notes)
- $103,400,000
- Interest rate
- 4.30%
- Originated
- October 27, 2017
- Maturity
- November 5, 2027
- Anticipated repayment date
- November 5, 2027 (the rate steps up if the loan is not repaid by then)
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Not reported
- Special servicing
- Transferred June 18, 2020, returned November 10, 2023
- Workout strategy
- Resolved
- Defeasance
- Partly defeased
The property
- Address
- 848 Washington Street, New York, NY 10014
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 338
- Built
- 2006
- Value at securitization
- $340.0M (Sep 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.99x |
| Occupancy | 91% | 66% |
| Net operating income | n/a | $16.2M |
| Debt yield | 15.7% |
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 CSAIL 2017-CX10 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Occupancy down 10 points or more from securitization
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 91% when the loan was securitized to 66%.
- The most recent valuation in the filing is $244.0M (June 28, 2022), against $340.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $103.4M | Not reported | No | 1.99x | 66% |
| August 2026 | $103.4M | Not reported | No | 1.99x | 66% |
| July 2026 | $103.4M | Not reported | No | 2.34x | 86% |
| June 2026 | $103.4M | Not reported | No | 2.34x | 86% |
| May 2026 | $103.4M | Not reported | No | 2.34x | 86% |
| April 2026 | $103.4M | Not reported | No | 1.64x | 93% |
| March 2026 | $103.4M | Not reported | No | 1.64x | 93% |
| February 2026 | $103.4M | Not reported | No | 1.64x | 93% |
| January 2026 | $103.4M | Not reported | No | 1.64x | 93% |
| December 2025 | $103.4M | Not reported | No | 1.64x | 93% |
| November 2025 | $103.4M | Not reported | No | 1.64x | 93% |
| October 2025 | $103.4M | Not reported | No | 1.64x | 93% |
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 June 18, 2020, returned to the master servicer November 10, 2023.
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CSAIL 2017-CX10 Commercial Mortgage Trust | 7NP | $58,400,000 | Sep 2026 | SEC filing, September 28, 2026 |
| CSAIL 2017-CX10 Commercial Mortgage Trust | 7 | $45,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other New York-Newark-Jersey City loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| General Motors Building | New York, NY | Mixed use | $726.3M | 3.43% | Jun 2027 | 2.58x | 99% | Current |
| 245 Park Avenue | New York, NY | Office | $700.0M | 3.669% | Jun 2027 | 2.08x | 97% | Current |
| Yorkshire Towers | New York, NY | Multifamily | $318.0M | 3.04% | Jun 2027 | n/a | n/a | Current |
| Olympic Tower | New York, NY | Mixed use | $280.0M | 3.954% | May 2027 | n/a | n/a | Current |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.693% | Jun 2027 | 2.28x | 62% | With the special servicer |
| 225 & 233 Park Avenue South | New York, NY | Office | $235.0M | 3.651% | Jun 2027 | -0.14x | 29% | Current |
| Worldwide Plaza | New York, NY | Office | $235.0M | 3.605% | Nov 2027 | 1.49x | 62% | With the special servicer and 90+ days delinquent |
| 237 Park Avenue | New York, NY | Office | $215.4M | 3.752% | Aug 2027 | 3.71x | 89% | Current |
All loans maturing in 2027 · All New York-Newark-Jersey City loans
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.