Multifamily · Shelby Township, Michigan
Harvard Oaks Apartments
Harvard Oaks Apartments is financed with a $6.5M CMBS loan at 3.87% that reaches maturity on February 6, 2030, in 3 years and 3 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $6,526,867
- Original balance (same notes)
- $7,000,000
- Interest rate
- 3.87% fixed
- Originated
- January 23, 2020
- Maturity
- February 6, 2030
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- November 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 14834 Lakeside Boulevard North, Shelby Township, MI 48315
- Metro
- Detroit-Warren-Dearborn, MI
- Units, rooms or beds
- 74
- Built
- 2008
- Value at securitization
- $11.5M (Nov 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.54x | 2.15x |
| Occupancy | 97% | 93% |
| Net operating income (annualized from 6 months) | $607K | $855K |
| Debt yield | 13.1% |
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 2020-GC47 filing for the reporting period ending October 8, 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 97% when the loan was securitized to 93%.
- Net operating income is 41% above the underwritten figure ($855K a year against $607K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.54x at securitization to 2.15x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $6.5M | Current | No | 2.15x | 93% |
| September 2026 | $6.5M | Current | No | 2.15x | 93% |
| August 2026 | $6.5M | Current | No | 1.89x | 100% |
| July 2026 | $6.6M | Current | No | 1.89x | 100% |
| June 2026 | $6.6M | Current | No | 1.89x | 100% |
| May 2026 | $6.6M | Current | No | 2.26x | 95% |
| April 2026 | $6.6M | Current | No | 2.26x | 95% |
| March 2026 | $6.6M | Current | No | 2.26x | 95% |
| February 2026 | $6.6M | Current | No | 2.26x | 95% |
| January 2026 | $6.6M | Current | No | 2.15x | 91% |
| December 2025 | $6.6M | Current | No | 2.15x | 91% |
| November 2025 | $6.7M | Current | No | 2.32x | 93% |
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 2020-GC47 | 25 | $6,526,867 | Oct 2026 | SEC filing, October 22, 2026 |
Other Detroit-Warren-Dearborn loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Gateway Industrial Center | Detroit, MI | Industrial | $93.0M | 6.74% | Jul 2030 | n/a | n/a | Late, less than 30 days |
| The Westin Book Cadillac | Detroit, MI | Hotel | $75.0M | 4.39% | Feb 2030 | 0.83x | 63% | Current |
| The Draxton Hotel 2.0 | Birmingham, MI | Hotel | $50.0M | 6.82% | Aug 2030 | 2.32x | 67% | Current |
| Infinity Park Apartments | Detroit, MI | Multifamily | $38.0M | 5.613% | Dec 2030 | n/a | n/a | Current |
| Southfield Westin | Southfield, MI | Hotel | $37.9M | 7.395% | May 2030 | 2.01x | 70% | Current |
| Lewis Technology Centre | Novi, MI | Office | $30.6M | 3.688% | Feb 2030 | n/a | n/a | Current |
| The Standard | Farmington Hills, MI | Office | $28.7M | 3.672% | Nov 2030 | 0.48x | 35% | Current |
| Brewery Park - Phase II | Detroit, MI | Office | $27.1M | 4.035% | Sep 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Detroit-Warren-Dearborn loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.