Office · Houston, Texas
Lyric Centre
Lyric Centre is financed with a $48.0M CMBS loan at 4.199% that reaches maturity on February 6, 2027, in 3 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $48,000,000
- Original balance (same notes)
- $48,000,000
- Interest rate
- 4.199% fixed
- Originated
- January 27, 2017
- Maturity
- February 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 5, 2019
- Originator
- GSMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 440 Louisiana Street, Houston, TX 77002
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 382,798 sq ft
- Built
- 1983, renovated 2016
- Largest tenants
- Daspit Law Firm; Medical Center Enterprises, Inc.; Fueling Maritime (Americas) Inc
- Value at securitization
- $87.0M (Nov 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.79x | 3.06x |
| Occupancy | 89% | 81% |
| Net operating income (annualized from 6 months) | $5.7M | $12.6M |
| Debt yield | 26.3% |
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 2017-GS5 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 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.
What the filing shows
- Occupancy has fallen from 89% when the loan was securitized to 81%.
- Net operating income is 122% above the underwritten figure ($12.6M a year against $5.7M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.79x at securitization to 3.06x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $48.0M | Current | No | 3.06x | 81% |
| September 2026 | $48.0M | Current | No | 3.06x | 81% |
| August 2026 | $48.0M | Current | No | 3.01x | 83% |
| July 2026 | $48.0M | Current | No | 3.01x | 83% |
| June 2026 | $48.0M | Current | No | 3.01x | 83% |
| May 2026 | $48.0M | Current | No | n/a | n/a |
| April 2026 | $48.0M | Current | No | 3.22x | 80% |
| March 2026 | $48.0M | Current | No | 3.39x | 86% |
| February 2026 | $48.0M | Current | No | 3.39x | 86% |
| January 2026 | $48.0M | Current | No | 3.39x | 86% |
| December 2025 | $48.0M | Current | No | 3.39x | 86% |
| November 2025 | $48.0M | Current | No | 3.36x | 86% |
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 2017-GS5 | 10 | $48,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Market Street - The Woodlands | The Woodlands, TX | Retail | $175.0M | 4.085% | Jun 2027 | n/a | n/a | Current |
| Baybrook Lifestyle and Power Center | Friendswood, TX | Retail | $140.0M | 3.77% | Dec 2027 | 3.78x | 99% | Current |
| Remington Park | Houston, TX | Multifamily | $42.5M | 4.04% | Oct 2027 | 2.18x | 93% | Current |
| Doubletree Greenway Houston | Houston, TX | Hotel | $32.5M | 5.06% | Feb 2027 | 1.76x | 55% | Current |
| Center at Pearland Parkway | Pearland, TX | Retail | $25.6M | 4.222% | Jul 2027 | 2.73x | 96% | Current |
| Shops On Sage | Houston, TX | Retail | $15.3M | 5.657% | Mar 2027 | n/a | n/a | Current |
| Willow Bend Apartments | Houston, TX | Multifamily | $13.2M | 4.514% | Jul 2027 | 1.84x | 88% | Current |
| New Territory Randall's Center | Sugar Land, TX | Retail | $10.3M | 5.11% | Mar 2027 | n/a | n/a | Current |
All loans maturing in 2027 · All Houston-Pasadena-The Woodlands loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.