Mixed use · New York, New York
Olympic Tower
Public CMBS trusts hold $280.0M of the loan on Olympic Tower at 3.954% that reaches maturity on May 6, 2027, in 6 months. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $280,000,000
- Original balance (same notes)
- $280,000,000
- Interest rate
- 3.954% fixed
- Originated
- May 1, 2017
- Maturity
- May 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- December 5, 2019
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company, Deutsche Bank AG, New York Branch, Morgan Stanley Bank, N.A.
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 645, 647 & 651 Fifth Avenue and 10 East 52nd Street, New York, NY 10022
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 525,372 sq ft
- Built
- 1905
- Largest tenants
- NBA PROPERTIES, INC.; RICHEMONT NORTH AMERICA, INC.; CARTIER
- Value at securitization
- $1.9B (Apr 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.79x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $68.3M | n/a |
Watch flags
Computed from the GS Mortgage Securities Trust 2017-GS7 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $84.0M | Late payment but less than 30 days delinquent | No | 2.49x | 99% |
| September 2026 | $280.0M | Current | No | 2.49x | 99% |
| August 2026 | $280.0M | Current | No | 2.49x | 99% |
| July 2026 | $280.0M | Current | No | 2.49x | 99% |
| June 2026 | $280.0M | Current | No | 2.49x | 99% |
| May 2026 | $280.0M | Current | No | 2.49x | 99% |
| April 2026 | $280.0M | Current | No | 2.29x | 100% |
| March 2026 | $280.0M | Payment not received but still in grace period or not yet due | No | 2.29x | 98% |
| February 2026 | $280.0M | Current | No | 2.29x | 98% |
| January 2026 | $280.0M | Late payment but less than 30 days delinquent | No | 2.33x | 98% |
| December 2025 | $280.0M | Current | No | 2.33x | 98% |
| November 2025 | $280.0M | Current | No | 2.33x | 98% |
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
The loan is split into 6 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| DBJPM 2017-C6 Mortgage Trust | 3 | $80,000,000 | Sep 2026 | SEC filing, September 25, 2026 |
| BANK 2017-BNK5 | 5 | $56,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| GS Mortgage Securities Trust 2017-GS8 | 8 | $44,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
| CD 2017-CD5 MORTGAGE TRUST | 2 | $40,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
| GS Mortgage Securities Trust 2017-GS7 | 9 | $40,000,000 | Oct 2026 | SEC filing, October 22, 2026 |
| CD 2017-CD5 MORTGAGE TRUST | 2A | $20,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other New York-Newark-Jersey City loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| General Motors Building | New York, NY | Mixed use | $726.3M | 3.43% | Jun 2027 | 2.58x | 99% | Current |
| 245 Park Avenue | New York, NY | Office | $700.0M | 3.669% | Jun 2027 | 2.08x | 97% | Current |
| Yorkshire Towers | New York, NY | Multifamily | $318.0M | 3.04% | Jun 2027 | n/a | n/a | Current |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.693% | Jun 2027 | 2.28x | 62% | With the special servicer |
| 225 & 233 Park Avenue South | New York, NY | Office | $235.0M | 3.651% | Jun 2027 | -0.14x | 29% | Current |
| Worldwide Plaza | New York, NY | Office | $235.0M | 3.605% | Nov 2027 | 1.49x | 62% | With the special servicer and 90+ days delinquent |
| 237 Park Avenue | New York, NY | Office | $215.4M | 3.752% | Aug 2027 | 3.71x | 89% | Current |
| Park West Village | New York, NY | Multifamily | $187.5M | 4.65% | Aug 2027 | n/a | n/a | Current |
All loans maturing in 2027 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 8, 2026, September 11, 2026, October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.