Retail · Lake Forest, California
Lake Forest Gateway
Lake Forest Gateway is financed with a $32.2M CMBS loan at 4.67% that reaches maturity on May 6, 2027, in 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $32,209,557
- Original balance (same notes)
- $36,100,000
- Interest rate
- 4.67% fixed
- Originated
- April 11, 2017
- Maturity
- May 6, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- July 5, 2019
- Master servicer
- Midland Loan Services
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 8, 2020, returned August 31, 2021
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 6, 2021
- Defeasance
- None reported
The property
- Address
- 23592 Rockfield Boulevard, Lake Forest, CA 92618
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 75,033 sq ft
- Units, rooms or beds
- 5
- Built
- 1973, renovated 2016
- Largest tenants
- PHENIX SALON STUDIOS; BUFFALO WILD WINGS GRILL & BA; Curcuma Holdings LLC and Narasimh
- Value at securitization
- $52.5M (Nov 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.34x | 1.20x |
| Occupancy | 97% | 93% |
| Net operating income (annualized from 3 months) | $3.0M | $2.7M |
| 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 DBJPM 2017-C6 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Matures within 12 months
- 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 97% when the loan was securitized to 93%.
- Net operating income is 9% below the underwritten figure ($2.7M a year against $3.0M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.34x at securitization to 1.20x on the latest statements.
- The most recent valuation in the filing is $37.0M (September 3, 2020), against $52.5M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $32.2M | Current | No | 1.20x | 93% |
| August 2026 | $32.3M | Current | No | 1.20x | 100% |
| July 2026 | $32.3M | Current | No | 1.20x | 100% |
| June 2026 | $32.4M | Current | No | 1.20x | 100% |
| May 2026 | $32.4M | Current | No | n/a | n/a |
| April 2026 | $32.5M | Current | No | 1.50x | 97% |
| March 2026 | $32.6M | Current | No | 1.50x | 97% |
| February 2026 | $32.6M | Current | No | 1.54x | 94% |
| January 2026 | $32.7M | Current | No | 1.54x | 94% |
| December 2025 | $32.7M | Current | No | 1.54x | 94% |
| November 2025 | $32.8M | Current | No | 1.54x | 94% |
| October 2025 | $32.8M | Current | No | 1.59x | 91% |
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 June 8, 2020, returned to the master servicer August 31, 2021.
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 |
|---|---|---|---|---|
| DBJPM 2017-C6 Mortgage Trust | 11 | $32,209,557 | Sep 2026 | SEC filing, September 25, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Del Amo Fashion Center | Torrance, CA | Retail | $400.0M | 3.658% | Jun 2027 | 4.52x | 75% | Current |
| 1999 Avenue of the Stars | Los Angeles, CA | Office | $232.8M | 4.137% | May 2027 | 4.62x | 92% | Current |
| Colorado Center | Santa Monica, CA | Office | $160.0M | 3.562% | Aug 2027 | 3.00x | 90% | Current |
| 2355 and 2383 Utah Ave | El Segundo, CA | Office | $85.0M | 5.64% | May 2027 | 1.93x | 100% | Current |
| Medical Centre Of Santa Monica - West | Santa Monica, CA | Office | $71.0M | 4.06% | Jan 2027 | n/a | n/a | Current |
| Shoreline Square | Long Beach, CA | Office | $55.6M | 3.75% | Feb 2027 | 2.52x | 80% | Current |
| Courtyard Los Angeles Sherman Oaks | Sherman Oaks, CA | Hotel | $52.6M | 4.474% | Dec 2027 | 1.49x | 71% | Current |
| Los Angeles Corporate Center | Monterey Park, CA | Office | $52.3M | 4.70% | Apr 2027 | 1.93x | 74% | Current |
All loans maturing in 2027 · All Los Angeles-Long Beach-Anaheim 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.