Office · Auburn Hills, Michigan
Raymond James Financial Center
Raymond James Financial Center is financed with a $9.3M CMBS loan at 4.61% that reaches maturity on June 6, 2027, in 7 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $9,304,132
- Original balance (same notes)
- $11,250,000
- Interest rate
- 4.61% fixed
- Originated
- May 18, 2017
- Maturity
- June 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- September 5, 2019
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 691 North Squirrel Road, Auburn Hills, MI 48326
- Metro
- Detroit-Warren-Dearborn, MI
- Rentable area
- 137,960 sq ft
- Built
- 1987
- Largest tenants
- Acrisure; Detroit Trading Company; Anderson Medical Supplies
- Value at securitization
- $15.0M (Apr 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.91x | 1.51x |
| Occupancy | 90% | 83% |
| Net operating income | $1.3M | $1.0M |
| Debt yield | 11.3% |
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-GS7 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- 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 90% when the loan was securitized to 83%.
- Net operating income is 21% below the underwritten figure ($1.0M a year against $1.3M).
- Debt service coverage moved from 1.91x at securitization to 1.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $9.3M | Current | No | 1.51x | 83% |
| September 2026 | $9.3M | Current | No | 1.51x | 83% |
| August 2026 | $9.3M | Current | No | 1.51x | 83% |
| July 2026 | $9.4M | Current | No | 1.51x | 83% |
| June 2026 | $9.4M | Current | No | 1.51x | 83% |
| May 2026 | $9.4M | Current | No | 1.51x | 83% |
| April 2026 | $9.4M | Current | No | 1.51x | 83% |
| March 2026 | $9.5M | Current | No | 1.44x | 83% |
| February 2026 | $9.5M | Current | No | 1.44x | 83% |
| January 2026 | $9.5M | Current | No | 1.44x | 83% |
| December 2025 | $9.5M | Current | No | 1.51x | 87% |
| November 2025 | $9.5M | Current | No | 1.51x | 87% |
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-GS7 | 26 | $9,304,132 | Oct 2026 | SEC filing, October 22, 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 October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.