Office · Lakewood, Colorado
West Point Office
West Point Office is financed with a $10.9M CMBS loan at 4.84% that reaches maturity on December 6, 2026, in 1 month. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $10,885,431
- Original balance (same notes)
- $13,250,000
- Interest rate
- 4.84% fixed
- Originated
- November 23, 2016
- Maturity
- December 6, 2026
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- March 5, 2019
- Prepayment premium ends
- September 5, 2026
- Master servicer
- Midland
- Originator
- CGMRC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 4, 2023, returned September 1, 2023
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 3900 South Wadsworth Boulevard, Lakewood, CO 80235
- Metro
- Denver-Aurora-Centennial, CO
- Rentable area
- 175,626 sq ft
- Units, rooms or beds
- 52
- Built
- 1974, renovated 1994
- Largest tenants
- Power Engineers, INC; Eberl Claims Service, LLC; Computronix 550 (U.S.A), Inc.
- Value at securitization
- $20.4M (Oct 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.75x | 1.12x |
| Occupancy | 93% | 78% |
| Net operating income (annualized from 6 months) | $1.5M | $1.9M |
| Debt yield | 17.4% |
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.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- 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
- Occupancy has fallen from 93% when the loan was securitized to 78%.
- Net operating income is 29% above the underwritten figure ($1.9M a year against $1.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.75x at securitization to 1.12x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $10.9M | Current | No | 1.12x | 78% |
| September 2026 | $10.9M | Current | No | 1.12x | 78% |
| August 2026 | $10.9M | Current | No | 1.45x | 76% |
| July 2026 | $11.0M | Current | No | 1.45x | 76% |
| June 2026 | $11.0M | Current | No | 1.45x | 76% |
| May 2026 | $11.0M | Current | No | n/a | n/a |
| April 2026 | $11.0M | Current | No | 0.97x | 86% |
| March 2026 | $11.1M | Current | No | 1.00x | 86% |
| February 2026 | $11.1M | Current | No | 1.00x | 85% |
| January 2026 | $11.1M | Current | No | 1.00x | 85% |
| December 2025 | $11.1M | Current | No | 1.00x | 85% |
| November 2025 | $11.2M | Current | No | 1.08x | 77% |
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 4, 2023, returned to the master servicer September 1, 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CD 2017-CD3 Mortgage Trust | 28 | $10,885,431 | Oct 2026 | SEC filing, October 22, 2026 |
Other Denver-Aurora-Centennial loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Denver Dual Brand Hotel | Denver, CO | Hotel | $54.6M | 3.882% | Dec 2026 | 2.41x | 80% | Current |
| Shea Center II | Highlands Ranch, CO | Office | $16.4M | 4.92% | Jan 2026 | n/a | n/a | Past maturity and not performing |
| Gateway Plaza, Aurora | Aurora, CO | Retail | $5.7M | 4.73% | Nov 2026 | 2.09x | 94% | Current |
All loans maturing in 2026 · All Denver-Aurora-Centennial 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.