Office · Irvine, California
18301 Von Karman
18301 Von Karman is financed with a $25.0M CMBS loan at 3.616% that reaches maturity on August 1, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $25,000,000
- Original balance (same notes)
- $25,000,000
- Interest rate
- 3.616% fixed
- Originated
- July 19, 2017
- Maturity
- August 1, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- October 31, 2019
- Prepayment premium ends
- March 31, 2027 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Deutsche Bank AG, New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 18301 Von Karman Avenue, Irvine, CA 92612
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 227,989 sq ft
- Built
- 1989, renovated 2012
- Largest tenants
- CREDE EMPLOYMENT GROUP INC; GOLDEN STATE FOODS CORP; PENDING - HILROD MANAGEMENT
- Value at securitization
- $86.3M (Jun 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.92x | 1.71x |
| Occupancy | 84% | 79% |
| Net operating income (annualized from 6 months) | $3.6M | $3.2M |
| Debt yield | 12.6% |
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-C7 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x 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 84% when the loan was securitized to 79%.
- Net operating income is 12% below the underwritten figure ($3.2M a year against $3.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.92x at securitization to 1.71x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $25.0M | Current | No | 1.71x | 79% |
| August 2026 | $25.0M | Current | No | 1.71x | 79% |
| July 2026 | $25.0M | Current | No | 1.44x | 80% |
| June 2026 | $25.0M | Current | No | 1.44x | 80% |
| May 2026 | $25.0M | Current | No | n/a | n/a |
| April 2026 | $25.0M | Current | No | 1.18x | 79% |
| March 2026 | $25.0M | Current | No | 1.18x | 79% |
| February 2026 | $25.0M | Current | No | 1.18x | 79% |
| January 2026 | $25.0M | Current | No | 1.08x | 70% |
| December 2025 | $13.7M | Current | No | 1.60x | 77% |
| November 2025 | $25.0M | Current | No | 1.12x | 70% |
| October 2025 | $25.0M | Current | No | 1.03x | 62% |
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2017-C7 | 20 | $25,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Del Amo Fashion Center | Torrance, CA | Retail | $400.0M | 3.658% | Jun 2027 | 4.52x | 75% | Current |
| 1999 Avenue of the Stars | Los Angeles, CA | Office | $232.8M | 4.137% | May 2027 | 4.62x | 92% | Current |
| Colorado Center | Santa Monica, CA | Office | $160.0M | 3.562% | Aug 2027 | 3.00x | 90% | Current |
| 2355 and 2383 Utah Ave | El Segundo, CA | Office | $85.0M | 5.64% | May 2027 | 1.93x | 100% | Current |
| Medical Centre Of Santa Monica - West | Santa Monica, CA | Office | $71.0M | 4.06% | Jan 2027 | n/a | n/a | Current |
| Shoreline Square | Long Beach, CA | Office | $55.6M | 3.75% | Feb 2027 | 2.52x | 80% | Current |
| Courtyard Los Angeles Sherman Oaks | Sherman Oaks, CA | Hotel | $52.6M | 4.474% | Dec 2027 | 1.49x | 71% | Current |
| Los Angeles Corporate Center | Monterey Park, CA | Office | $52.3M | 4.70% | Apr 2027 | 1.93x | 74% | Current |
All loans maturing in 2027 · All Los Angeles-Long Beach-Anaheim 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.