Office · Troy, Michigan
Liberty Center
Liberty Center is financed with a $18.5M CMBS loan at 5.23% that reaches maturity on February 6, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,531,137
- Original balance (same notes)
- $21,100,000
- Interest rate
- 5.23% fixed
- Originated
- January 31, 2017
- Maturity
- February 6, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- April 5, 2019
- Master servicer
- Midland Loan Services, A Divis
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 50 & 100 West Big Beaver Road, Troy, MI 48084
- Metro
- Detroit-Warren-Dearborn, MI
- Rentable area
- 278,443 sq ft
- Built
- 1988
- Largest tenants
- Bush Seyferth & Page; HQ Global Workplaces, Inc.; Lending Force (Capful Home LendIng)
- Value at securitization
- $33.0M (Jan 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.81x | n/a |
| Occupancy | 72% | n/a |
| Net operating income | $2.5M | n/a |
Watch flags
Computed from the JPMCC Commercial Mortgage Securities Trust 2017-JP5 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Matures within 12 months
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.5M | Current | No | n/a | n/a |
| August 2026 | $18.6M | Current | No | n/a | n/a |
| July 2026 | $18.6M | Current | No | n/a | n/a |
| June 2026 | $18.6M | Current | No | n/a | n/a |
| May 2026 | $18.7M | Current | No | n/a | n/a |
| April 2026 | $18.7M | Current | No | 2.15x | 96% |
| March 2026 | $18.7M | Current | No | 1.94x | 96% |
| February 2026 | $18.8M | Current | No | 1.94x | 96% |
| January 2026 | $18.8M | Current | No | 1.94x | 96% |
| December 2025 | $18.8M | Current | No | 1.93x | 94% |
| November 2025 | $18.9M | Current | No | 1.93x | 94% |
| October 2025 | $18.9M | Current | No | 1.93x | 94% |
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2017-JP5 | 18 | $18,531,137 | Sep 2026 | SEC filing, September 28, 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.