Other · Seattle, Washington
Westin Building Exchange
Public CMBS trusts hold $135.0M of the loan on Westin Building Exchange at 3.29% that reaches maturity on July 11, 2027, in 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $135,000,000
- Original balance (same notes)
- $135,000,000
- Interest rate
- 3.29% fixed
- Originated
- June 29, 2017
- Maturity
- July 11, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 10, 2027
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2001 6th Avenue, Seattle, WA 98121
- Metro
- Seattle-Tacoma-Bellevue, WA
- Rentable area
- 401,544 sq ft
- Built
- 1981, renovated 2007
- Largest tenants
- WBX; EQUINIX, INC.; LEVEL 3 COMMUNICATION, LLC
- Value at securitization
- $507.0M (May 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 7.39x | 18.47x |
| Occupancy | 94% | 71% |
| Net operating income (annualized from 3 months) | $33.3M | $83.2M |
| Debt yield | 61.6% |
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 CSAIL 2017-CX9 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
- 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 94% when the loan was securitized to 71%.
- Net operating income is 150% above the underwritten figure ($83.2M a year against $33.3M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 7.39x at securitization to 18.47x on the latest statements.
- The filing gives Dec 2025 as the lease end date for the largest tenant (WBX), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $135.0M | Current | No | 18.47x | 71% |
| August 2026 | $135.0M | Current | No | 18.47x | 71% |
| July 2026 | $135.0M | Current | No | 18.47x | 71% |
| June 2026 | $135.0M | Current | No | 18.47x | 71% |
| May 2026 | $135.0M | Current | No | 17.10x | 69% |
| April 2026 | $135.0M | Current | No | 17.10x | 69% |
| March 2026 | $135.0M | Current | No | 17.10x | 69% |
| February 2026 | $135.0M | Current | No | 16.58x | 72% |
| January 2026 | $135.0M | Current | No | 16.60x | 73% |
| December 2025 | $135.0M | Current | No | 16.60x | 73% |
| November 2025 | $135.0M | Current | No | 16.60x | 73% |
| October 2025 | $135.0M | Current | No | 16.60x | 73% |
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-BNK7 | 5 | $67,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
| CSAIL 2017-CX9 Commercial Mortgage Trust | 2 | $67,500,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Seattle-Tacoma-Bellevue loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Komo Plaza | Seattle, WA | Mixed use | $139.0M | 4.299% | Jan 2027 | 2.85x | 100% | Current |
| Grand Hyatt Seattle | Seattle, WA | Hotel | $133.0M | 4.74% | Jun 2027 | -0.24x | 66% | Current |
| Renaissance Seattle Hotel | Seattle, WA | Hotel | $127.0M | 4.81% | Jun 2027 | 0.41x | 66% | Current |
| Bravern Office Commons | Bellevue, WA | Office | $75.0M | 3.203% | Jan 2027 | 3.54x | 100% | With the special servicer and 90+ days delinquent |
| 1000 Denny Way | Seattle, WA | Office | $56.0M | 5.107% | Feb 2027 | 1.69x | 57% | With the special servicer |
| Centre 425 Bellevue, Bellevue (2027 maturity), loan 8 in CSAIL 2017-CX10 Commercial Mortgage Trust | Bellevue, WA | Office | $44.0M | 4.151% | Nov 2027 | 1.94x | 100% | Current |
| Centre 425 Bellevue, Bellevue (2027 maturity), loan 4 in UBS Commercial Mortgage Trust 2017-C5 | Bellevue, WA | Office | $40.0M | 4.151% | Nov 2027 | 4.53x | 100% | Current |
| Meridian Sunrise Village | Puyallup, WA | Retail | $35.0M | 4.62% | Oct 2027 | 2.41x | 96% | Current |
All loans maturing in 2027 · All Seattle-Tacoma-Bellevue 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.