Retail · Anchorage, Alaska
Walgreens Alaska
Public CMBS trusts hold $7.0M of the loan on Walgreens Alaska at 5.285% that reaches maturity on February 1, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,043,427
- Original balance (same notes)
- $8,737,550
- Interest rate
- 5.285% fixed
- Originated
- January 20, 2017
- Maturity
- February 1, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- October 31, 2026
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2550 E 88th Avenue, Anchorage, AK 99507
- Metro
- Anchorage, AK
- Rentable area
- 14,418 sq ft
- Built
- 2013
- Largest tenants
- Walgreens
- Value at securitization
- $11.3M (Nov 2016)
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 1.21x | 1.42x |
| Occupancy | 100% | 100% |
| Net operating income | $606K | $606K |
| Debt yield | 8.6% |
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 BANK 2017-BNK4 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Debt service coverage moved from 1.21x at securitization to 1.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.0M | Current | No | 1.42x | 100% |
| August 2026 | $7.1M | Current | No | 1.42x | 100% |
| July 2026 | $7.1M | Current | No | 1.42x | 100% |
| June 2026 | $7.1M | Current | No | 1.42x | 100% |
| May 2026 | $7.1M | Current | No | 1.42x | 100% |
| April 2026 | $7.1M | Current | No | 1.42x | 100% |
| March 2026 | $7.1M | Current | No | 1.42x | 100% |
| February 2026 | $7.1M | Current | No | 1.42x | 100% |
| January 2026 | $7.1M | Current | No | 1.42x | 100% |
| December 2025 | $7.1M | Current | No | 1.42x | 100% |
| November 2025 | $7.1M | Current | No | 1.42x | 100% |
| October 2025 | $7.2M | Current | No | 1.42x | 100% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2017-BNK4 | 20 | $5,905,782 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2017-BNK4 | 20A | $1,137,645 | Sep 2026 | SEC filing, September 29, 2026 |
Other Anchorage loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Anchorage | Anchorage, AK | Hotel | $13.7M | 5.73% | Mar 2027 | 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.