Office · Riverside, California
Central Corporate Office
Central Corporate Office is financed with a $6.0M CMBS loan at 4.41% that reaches maturity on August 6, 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
- $6,016,030
- Original balance (same notes)
- $6,900,000
- Interest rate
- 4.41% fixed
- Originated
- August 2, 2017
- Maturity
- August 6, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- June 5, 2027
- Master servicer
- Midland
- Originator
- CREFI
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3400 Central Avenue, Riverside, CA 92506
- Metro
- Riverside-San Bernardino-Ontario, CA
- Rentable area
- 48,748 sq ft
- Built
- 1990
- Largest tenants
- FIRST AMERICAN TITLE; MACDONALD & CODY; PALICON GROUP
- Value at securitization
- $11.5M (Jun 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.44x | 2.04x |
| Occupancy | 88% | 94% |
| Net operating income (annualized from 6 months) | $753K | $1.7M |
| Debt yield | 28.3% |
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 COMM 2017-COR2 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 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 risen from 88% when the loan was securitized to 94%.
- Net operating income is 126% above the underwritten figure ($1.7M a year against $753K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.44x at securitization to 2.04x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.0M | Current | No | 2.04x | 94% |
| August 2026 | $6.0M | Current | No | 2.04x | 94% |
| July 2026 | $6.0M | Current | No | n/a | n/a |
| June 2026 | $6.1M | Current | No | n/a | n/a |
| May 2026 | $6.1M | Current | No | n/a | n/a |
| April 2026 | $6.1M | Current | No | 2.01x | 100% |
| March 2026 | $6.1M | Current | No | 2.01x | 100% |
| February 2026 | $6.1M | Current | No | 2.01x | 100% |
| January 2026 | $6.1M | Current | No | 2.01x | 100% |
| December 2025 | $6.1M | Current | No | 2.49x | 100% |
| November 2025 | $6.1M | Current | No | 2.49x | 100% |
| October 2025 | $6.1M | Current | No | n/a | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| COMM 2017-COR2 Mortgage Trust | 39 | $6,016,030 | Sep 2026 | SEC filing, September 25, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| JW Marriott Desert Springs | Palm Desert, CA | Healthcare | $128.0M | 4.995% | Jan 2027 | 6.52x | 61% | Current |
| Loma Linda | Loma Linda, CA | Office | $127.5M | 3.59% | Jul 2027 | 2.81x | 100% | Current |
| Ritz Carlton Rancho Mirage | Rancho Mirage, CA | Hotel | $58.9M | 5.095% | Feb 2027 | 9.02x | 73% | Current |
| Murrieta Plaza | Murrieta, CA | Retail | $30.9M | 4.577% | Nov 2027 | 0.88x | 57% | Current |
| DoubleTree Ontario | Ontario, CA | Hotel | $30.0M | 5.369% | May 2027 | 6.35x | 86% | Current |
| El Paseo Square | Palm Desert, CA | Retail | $22.6M | 4.37% | May 2027 | 1.65x | 70% | Current |
| One Lakeshore Center | Ontario, CA | Office | $22.5M | 4.57% | Dec 2027 | 2.11x | 91% | Current |
| Empire Tower I | Ontario, CA | Office | $21.0M | 4.99% | Feb 2027 | 2.50x | 96% | Current |
All loans maturing in 2027 · All Riverside-San Bernardino-Ontario loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.