Mixed use · Redwood City, California
Fox Theatre
Fox Theatre is financed with a $8.4M CMBS loan at 4.99% that reaches maturity on June 6, 2027, in 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,386,528
- Original balance (same notes)
- $10,000,000
- Interest rate
- 4.99% fixed
- Originated
- May 12, 2017
- Maturity
- June 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 5, 2019
- Master servicer
- Midland Loan Services
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2215 Broadway Street, Redwood City, CA 94063
- Metro
- San Francisco-Oakland-Fremont, CA
- Rentable area
- 40,179 sq ft
- Built
- 1928, renovated 2014
- Largest tenants
- Fox Theatre Property LLC; Fox Dream Presents, LLC; Waystation AI, Inc.
- Value at securitization
- $18.4M (Mar 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 0.51x |
| Occupancy | 100% | 80% |
| Net operating income (annualized from 3 months) | $908K | $333K |
| Debt yield | 4.0% |
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 DBJPM 2017-C6 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
On the cmbs.news watch list in every report since July 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
- Occupancy has fallen from 100% when the loan was securitized to 80%.
- Net operating income is 63% below the underwritten figure ($333K a year against $908K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.41x at securitization to 0.51x on the latest statements.
- At 0.51x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.4M | Current | No | 0.51x | 80% |
| August 2026 | $8.4M | Current | No | 0.51x | 78% |
| July 2026 | $8.4M | Current | No | 0.51x | 78% |
| June 2026 | $8.4M | Current | No | n/a | n/a |
| May 2026 | $8.5M | Current | No | n/a | n/a |
| April 2026 | $8.5M | Current | No | 0.81x | 80% |
| March 2026 | $8.5M | Current | No | 0.90x | 80% |
| February 2026 | $8.5M | Current | No | 0.90x | 80% |
| January 2026 | $8.5M | Current | No | 0.90x | 80% |
| December 2025 | $8.5M | Current | No | 0.99x | 80% |
| November 2025 | $8.6M | Current | No | 0.99x | 100% |
| October 2025 | $8.6M | Payment not received but still in grace period or not yet due | No | 0.99x | 100% |
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 |
|---|---|---|---|---|
| DBJPM 2017-C6 Mortgage Trust | 32 | $8,386,528 | Sep 2026 | SEC filing, September 25, 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 September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.