Office · San Francisco, California
604 Mission Street
604 Mission Street is financed with a $16.6M CMBS loan at 4.967% that reaches maturity on January 6, 2027, in 2 months. As of the Oct 2026 servicer report its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $16,553,696
- Original balance (same notes)
- $18,750,000
- Interest rate
- 4.967% fixed
- Originated
- January 5, 2017
- Maturity
- January 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 5, 2019
- Originator
- GSMC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred August 8, 2023
- Workout strategy
- Foreclosure
- Advancing
- The servicer has stopped advancing on this loan (non-recoverable)
- Defeasance
- None reported
The property
- Address
- 602-604 Mission Street, San Francisco, CA 94105
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 25,072 sq ft
- Built
- 1904, renovated 2015
- Largest tenants
- COMMERCE VENTURES MANAGEMENT, LLC; ConductorOne; Springshot, Inc
- Value at securitization
- $25.0M (Nov 2016)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.35x | n/a |
| Occupancy | 90% | n/a |
| Net operating income | $1.6M | n/a |
Watch flags
Computed from the GS Mortgage Securities Trust 2017-GS5 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Matures within 12 months
- Servicer stopped advancing
On the cmbs.news watch list in all 12 monthly reports we hold (November 2025 to October 2026).
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
- The most recent valuation in the filing is $12.9M (December 15, 2025), against $25.0M at securitization.
- The filing gives Apr 2024 as the lease end date for the largest tenant (COMMERCE VENTURES MANAGEMENT, LLC), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $16.6M | 90+ days delinquent | Yes | n/a | n/a |
| September 2026 | $16.6M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $16.6M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $16.6M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $16.6M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $16.6M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $16.6M | 90+ days delinquent | Yes | -0.05x | n/a |
| March 2026 | $16.6M | 90+ days delinquent | Yes | -0.05x | n/a |
| February 2026 | $16.6M | 90+ days delinquent | Yes | -0.05x | n/a |
| January 2026 | $16.6M | 90+ days delinquent | Yes | -0.04x | n/a |
| December 2025 | $16.6M | 90+ days delinquent | Yes | -0.04x | n/a |
| November 2025 | $16.6M | 90+ days delinquent | Yes | -0.04x | n/a |
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 August 8, 2023, still there.
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2017-GS5 | 19 | $16,553,696 | Oct 2026 | SEC filing, October 22, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 222 Second Street | San Francisco, CA | Office | $291.5M | 3.926% | Sep 2027 | 1.25x | 100% | Current |
| 300 Montgomery | San Francisco, CA | Office | $66.0M | 3.57% | Sep 2027 | 1.56x | 61% | Current |
| 55 Hawthorne | San Francisco, CA | Office | $61.5M | 4.123% | Jan 2027 | -0.77x | 24% | With the special servicer and 90+ days delinquent |
| Doubletree Berkeley Marina | Berkeley, CA | Hotel | $30.1M | 4.82% | Sep 2027 | -0.48x | 72% | With the special servicer |
| 634 Second Street | San Francisco, CA | Office | $27.9M | 4.909% | Mar 2027 | 2.23x | 99% | Current |
| 181 Second Avenue | San Mateo, CA | Office | $22.6M | 3.60% | Jul 2027 | 2.51x | 67% | Current |
| 555 De Haro | San Francisco, CA | Industrial | $19.0M | 4.31% | Nov 2027 | 1.95x | 80% | Current |
| San Mateo Self Storage | San Mateo, CA | Self storage | $19.0M | 4.35% | Feb 2027 | 3.25x | 100% | Current |
All loans maturing in 2027 · All San Francisco-Oakland-Fremont 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.