Multifamily · Bay City, Texas
Oak Manor Villas, Bay City
Oak Manor Villas is financed with a $10.0M CMBS loan at 5.56% that reaches maturity on March 6, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,002,585
- Original balance (same notes)
- $11,800,000
- Interest rate
- 5.56% fixed
- Originated
- February 15, 2017
- Maturity
- March 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- December 5, 2026
- Master servicer
- Midland
- Originator
- JLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2200 Hamman Road, Bay City, TX 77414
- Units, rooms or beds
- 112
- Built
- 2014
- Value at securitization
- $16.5M (Jan 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.19x |
| Occupancy | 93% | 88% |
| Net operating income | $1.2M | $960K |
| Debt yield | 9.6% |
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 COMM 2017-COR2 Mortgage Trust filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 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 93% when the loan was securitized to 88%.
- Net operating income is 17% below the underwritten figure ($960K a year against $1.2M).
- Debt service coverage moved from 1.43x at securitization to 1.19x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.0M | Current | No | 1.19x | 88% |
| August 2026 | $10.0M | Current | No | 1.17x | 84% |
| July 2026 | $10.0M | Current | No | 1.17x | 84% |
| June 2026 | $10.1M | Current | No | 1.17x | 84% |
| May 2026 | $10.1M | Current | No | n/a | n/a |
| April 2026 | $10.1M | Current | No | 1.01x | 92% |
| March 2026 | $10.1M | Current | No | 1.01x | 92% |
| February 2026 | $10.1M | Current | No | 1.01x | 92% |
| January 2026 | $10.2M | Current | No | 1.01x | 92% |
| December 2025 | $10.2M | Current | No | 1.01x | 92% |
| November 2025 | $10.2M | Current | No | 1.03x | 95% |
| October 2025 | $10.2M | Current | No | 1.03x | 95% |
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 |
|---|---|---|---|---|
| COMM 2017-COR2 Mortgage Trust | 27 | $10,002,585 | Sep 2026 | SEC filing, September 25, 2026 |
Other Texas 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 |
| Ericsson North American HQ | Plano, TX | Office | $91.1M | 4.458% | Jan 2027 | 2.08x | 100% | Current |
| Marriott at Legacy Town Center | Plano, TX | Hotel | $69.7M | 4.21% | Nov 2027 | 3.59x | 61% | Current |
| Marriott Quorum | Dallas, TX | Hotel | $53.5M | 5.40% | Jul 2027 | 1.91x | 65% | Current |
| 8330 and 8360 LBJ Freeway | Dallas, TX | Office | $50.2M | 4.61% | Oct 2027 | n/a | n/a | Current |
| Preston Hollow | Dallas, TX | Mixed use | $48.3M | 4.74% | Aug 2027 | 1.79x | 96% | Current |
| Lyric Centre | Houston, TX | Office | $48.0M | 4.199% | Feb 2027 | 3.06x | 81% | Current |
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.