Retail · Niles, Illinois
Dempster Plaza
Dempster Plaza is financed with a $22.4M CMBS loan at 4.355% that reaches maturity on October 6, 2027, in 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $22,407,418
- Original balance (same notes)
- $24,500,000
- Interest rate
- 4.355% fixed
- Originated
- September 13, 2017
- Maturity
- October 6, 2027
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- May 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 8650-8832 West Dempster Street, Niles, IL 60714
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 113,191 sq ft
- Built
- 1968, renovated 1999
- Largest tenants
- Albertsons Inc.; Advocate Health Care; The Ear Nose and Throat Center SC
- Value at securitization
- $36.1M (Aug 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 1.30x |
| Occupancy | 94% | 91% |
| Net operating income | $2.1M | $1.9M |
| Debt yield | 8.5% |
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 Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Net operating income is 11% below the underwritten figure ($1.9M a year against $2.1M).
- Debt service coverage moved from 1.46x at securitization to 1.30x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $22.4M | Current | No | 1.30x | 91% |
| August 2026 | $22.4M | Current | No | 1.30x | 91% |
| July 2026 | $22.5M | Current | No | 1.30x | 91% |
| June 2026 | $22.5M | Current | No | 1.30x | 91% |
| May 2026 | $22.6M | Current | No | 1.36x | 88% |
| April 2026 | $22.6M | Current | No | 1.36x | 88% |
| March 2026 | $22.6M | Current | No | 1.36x | 88% |
| February 2026 | $22.7M | Current | No | 1.36x | 88% |
| January 2026 | $22.7M | Current | No | 1.36x | 88% |
| December 2025 | $22.8M | Current | No | 1.36x | 88% |
| November 2025 | $22.8M | Current | No | 1.36x | 88% |
| October 2025 | $22.8M | Current | No | 1.36x | 88% |
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 |
|---|---|---|---|---|
| Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 | 16 | $22,407,418 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chicago-Naperville-Elgin loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Old Chicago Post Office | Chicago, IL | Office | $125.0M | 3.47% | Jan 2027 | n/a | n/a | Current |
| University Center Chicago | Chicago, IL | Multifamily | $120.6M | 3.92% | Aug 2027 | 3.25x | 99% | Current |
| Prudential Plaza, Chicago (2027 maturity), loan 5 in CD 2017-CD3 Mortgage Trust | Chicago, IL | Office | $65.0M | 4.61% | Aug 2027 | 1.82x | 63% | Current |
| Radisson Blu Aqua Hotel | Chicago, IL | Hotel | $64.0M | 4.597% | Nov 2027 | 2.19x | 70% | Current |
| Prudential Plaza, Chicago (2027 maturity), loan 3 in JPMDB Commercial Mortgage Securities Trust 2017-C5 | Chicago, IL | Office | $60.4M | 4.61% | Aug 2027 | 1.82x | 63% | Current |
| Crossings at Hobart | Merrillville, IN | Retail | $45.5M | 4.84% | Mar 2027 | 1.26x | 93% | Current |
| Lincolnshire Commons | Lincolnshire, IL | Mixed use | $40.5M | 4.46% | Aug 2027 | 1.21x | 70% | Current |
| Calumet Business Center | Chicago, IL | Industrial | $28.5M | 4.305% | Feb 2027 | 1.08x | 81% | Current |
All loans maturing in 2027 · All Chicago-Naperville-Elgin 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.