Hotel · Plymouth, Michigan
Hgi Plymouth
Hgi Plymouth is financed with a $11.4M CMBS loan at 4.99% that reaches maturity on November 11, 2027, in 12 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,376,043
- Original balance (same notes)
- $13,100,000
- Interest rate
- 4.99% fixed
- Originated
- October 16, 2017
- Maturity
- November 11, 2027
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- December 10, 2019
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred November 16, 2020, returned March 11, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently September 29, 2021
- Defeasance
- Partly defeased
The property
- Address
- 14600 Sheldon Road, Plymouth, MI 48170
- Metro
- Detroit-Warren-Dearborn, MI
- Units, rooms or beds
- 157
- Built
- 1999, renovated 2016
- Value at securitization
- $20.2M (Sep 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.08x | 1.02x |
| Occupancy | 74% | 62% |
| Net operating income | $1.8M | $863K |
| Debt yield | 7.6% |
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 Wells Fargo Commercial Mortgage Trust 2017-C41 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Modified
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 74% when the loan was securitized to 62%.
- Net operating income is 51% below the underwritten figure ($863K a year against $1.8M).
- Debt service coverage moved from 2.08x at securitization to 1.02x on the latest statements.
- The most recent valuation in the filing is $15.5M (February 1, 2022), against $20.2M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.4M | Current | No | 1.02x | 62% |
| August 2026 | $11.4M | Current | No | 1.02x | 62% |
| July 2026 | $11.4M | Current | No | 1.11x | 62% |
| June 2026 | $11.4M | Current | No | 1.11x | 62% |
| May 2026 | $11.5M | Current | No | 1.04x | 63% |
| April 2026 | $11.5M | Current | No | 1.04x | 63% |
| March 2026 | $11.5M | Current | No | 1.04x | 63% |
| February 2026 | $11.5M | Current | No | 1.04x | 63% |
| January 2026 | $11.6M | Current | No | 1.04x | 63% |
| December 2025 | $11.6M | Current | No | 1.08x | 64% |
| November 2025 | $11.6M | Current | No | 1.08x | 64% |
| October 2025 | $11.6M | Current | No | 1.08x | 64% |
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.
Special-servicing history
- Transferred to the special servicer November 16, 2020, returned to the master servicer March 11, 2022.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2017-C41 | 24 | $11,376,043 | Sep 2026 | SEC filing, September 29, 2026 |
Other Detroit-Warren-Dearborn loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One Ally Center | Detroit, MI | Office | $102.0M | 4.516% | Dec 2027 | 4.54x | 89% | Current |
| The Townsend Hotel | Birmingham, MI | Hotel | $35.0M | 4.17% | Oct 2027 | 2.13x | 69% | Current |
| Bank of America Plaza | Troy, MI | Office | $33.7M | 4.055% | May 2027 | 1.33x | 60% | Current |
| 150 West Jefferson, Detroit (2027 maturity), loan 6 in Morgan Stanley Capital I Trust 2017-HR2 | Detroit, MI | Office | $32.9M | 4.603% | Dec 2027 | 3.89x | 84% | Current |
| 150 West Jefferson, Detroit (2027 maturity), loan 8 in Wells Fargo Commercial Mortgage Trust 2017-C42 | Detroit, MI | Office | $30.5M | 4.603% | Dec 2027 | 3.89x | 84% | Current |
| Bingham Office Center | Bingham Farms, MI | Office | $26.1M | 4.254% | May 2027 | n/a | n/a | Current |
| Lormax Stern Retail Development - Roseville | Roseville, MI | Retail | $25.4M | 5.274% | Jun 2027 | 1.98x | 93% | Current |
| Long Lake Crossing | Troy, MI | Office | $21.0M | 6.11% | Mar 2027 | 1.07x | 79% | With the special servicer and 90+ days delinquent |
All loans maturing in 2027 · All Detroit-Warren-Dearborn 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.