Office · Grand Rapids, Michigan
801 Broadway
801 Broadway is financed with a $11.6M CMBS loan at 4.271% that reaches maturity on November 6, 2027, in 12 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $11,588,316
- Original balance (same notes)
- $14,000,000
- Interest rate
- 4.271% fixed
- Originated
- November 6, 2017
- Maturity
- November 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- December 5, 2019
- Prepayment premium ends
- August 5, 2027 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 801 Broadway Avenue Northwest, Grand Rapids, MI 49504
- Metro
- Grand Rapids-Wyoming-Kentwood, MI
- Rentable area
- 137,605 sq ft
- Built
- 1927, renovated 2004
- Largest tenants
- Vervint; NxGen Mdx; NexTech High School
- Value at securitization
- $20.1M (Jan 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.85x | 2.60x |
| Occupancy | 100% | 90% |
| Net operating income (annualized from 6 months) | $1.5M | $2.2M |
| Debt yield | 18.8% |
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 GS Mortgage Securities Trust 2018-GS9 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 100% when the loan was securitized to 90%.
- Net operating income is 42% above the underwritten figure ($2.2M a year against $1.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.85x at securitization to 2.60x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $11.6M | Current | No | 2.60x | 90% |
| September 2026 | $11.6M | Current | No | 2.60x | 90% |
| August 2026 | $11.6M | Current | No | 2.60x | 90% |
| July 2026 | $11.7M | Current | No | 3.34x | 90% |
| June 2026 | $11.7M | Current | No | 3.34x | 90% |
| May 2026 | $11.7M | Current | No | 2.23x | 97% |
| April 2026 | $11.7M | Current | No | 2.23x | 97% |
| March 2026 | $11.8M | Current | No | 2.23x | 97% |
| February 2026 | $11.8M | Current | No | 2.23x | 97% |
| January 2026 | $11.8M | Current | No | 2.21x | 97% |
| December 2025 | $11.9M | Current | No | 2.21x | 97% |
| November 2025 | $11.9M | Current | No | 2.21x | 97% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2018-GS9 | 20 | $11,588,316 | Oct 2026 | SEC filing, October 22, 2026 |
Other Grand Rapids-Wyoming-Kentwood loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Greenville Retail Center | Greenville, MI | Retail | $8.7M | 4.53% | Jul 2027 | 2.30x | 89% | Current |
All loans maturing in 2027 · All Grand Rapids-Wyoming-Kentwood 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.