Office · Southfield, Michigan
Riverside Office Center
Riverside Office Center is financed with a $13.1M CMBS loan at 5.07% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,051,705
- Original balance (same notes)
- $15,000,000
- Interest rate
- 5.07% fixed
- Originated
- October 30, 2018
- Maturity
- November 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 25925 Telegraph Road, Southfield, MI 48033
- Metro
- Detroit-Warren-Dearborn, MI
- Rentable area
- 187,434 sq ft
- Built
- 1989, renovated 2017
- Largest tenants
- Dentemax; Lakeview Lending LLC; David Christensen DDS
- Value at securitization
- $23.2M (Aug 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.65x | 0.84x |
| Occupancy | 93% | 85% |
| Net operating income (annualized from 6 months) | $1.6M | $829K |
| Debt yield | 6.3% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 85%.
- Net operating income is 49% below the underwritten figure ($829K a year against $1.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.65x at securitization to 0.84x on the latest statements.
- At 0.84x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.1M | Current | No | 0.84x | 85% |
| August 2026 | $13.1M | Current | No | 0.73x | 81% |
| July 2026 | $13.1M | Current | No | 0.73x | 81% |
| June 2026 | $13.1M | Current | No | 0.73x | 81% |
| May 2026 | $13.1M | Current | No | 0.75x | 77% |
| April 2026 | $13.2M | Current | No | 0.75x | 77% |
| March 2026 | $13.2M | Current | No | 0.75x | 77% |
| February 2026 | $13.2M | Current | No | 0.75x | 77% |
| January 2026 | $13.3M | Current | No | 0.75x | 77% |
| December 2025 | $13.3M | Current | No | 0.75x | 77% |
| November 2025 | $13.3M | Current | No | 0.97x | 69% |
| October 2025 | $13.3M | Current | No | 0.97x | 69% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 | 22 | $13,051,705 | Sep 2026 | SEC filing, September 25, 2026 |
Other Detroit-Warren-Dearborn loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Twelve Oaks Mall | Novi, MI | Retail | $170.2M | 4.399% | Mar 2028 | 2.43x | 86% | Current |
| Romulus - Huron | Romulus, MI | Industrial | $127.8M | 7.35% | May 2028 | 1.37x | 69% | Current |
| Penske Distribution Center | Romulus, MI | Industrial | $70.0M | 4.63% | Dec 2028 | 2.59x | 100% | Current |
| Brasswater Warehouse Portfolio | Warren, MI | Office | $65.5M | 7.25% | Jul 2028 | n/a | n/a | Current |
| Troy Place | Troy, MI | Office | $40.0M | 5.09% | Dec 2028 | 2.38x | 65% | Current |
| Kohl's Shelby Property | Shelby Township, MI | Retail | $38.1M | 3.09% | Sep 2028 | n/a | n/a | Current |
| Travelers Tower I | Southfield, MI | Office | $33.0M | 4.82% | Jul 2028 | 2.12x | 75% | Current |
| One Kennedy Square | Detroit, MI | Office | $33.0M | 4.60% | Feb 2028 | 1.93x | 88% | Current |
All loans maturing in 2028 · 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 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.