Multifamily portfolio, 19 properties · Illinois
Sharp Rose Apartment Portfolio
This portfolio is financed with a $10.3M CMBS loan at 4.455% that reaches maturity on October 6, 2027, in 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,281,788
- Original balance (same notes)
- $11,000,000
- Interest rate
- 4.455% fixed
- Originated
- September 15, 2017
- Maturity
- October 6, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- June 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 245
- Value at securitization
- $17.1M
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 1.42x |
| Occupancy | 92% | 90% |
| Net operating income (annualized from 3 months) | $1.2M | $961K |
| Debt yield | 9.3% |
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 Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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
- Net operating income is 21% below the underwritten figure ($961K a year against $1.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.83x at securitization to 1.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.3M | Current | No | 1.42x | 90% |
| August 2026 | $10.3M | Current | No | 1.42x | 90% |
| July 2026 | $10.3M | Current | No | 1.42x | 90% |
| June 2026 | $10.3M | Current | No | 1.68x | 92% |
| May 2026 | $10.3M | Current | No | 1.68x | 92% |
| April 2026 | $10.4M | Current | No | 1.68x | 92% |
| March 2026 | $10.4M | Current | No | 1.68x | 92% |
| February 2026 | $10.4M | Late payment but less than 30 days delinquent | No | 1.68x | 92% |
| January 2026 | $10.4M | Current | No | 1.68x | 92% |
| December 2025 | $10.4M | Current | No | 1.68x | 92% |
| November 2025 | $10.4M | Current | No | 1.58x | 94% |
| October 2025 | $10.5M | Current | No | 1.65x | 93% |
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 |
|---|---|---|---|---|
| Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 | 26 | $10,281,788 | Sep 2026 | SEC filing, September 29, 2026 |
Other Illinois loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Old Chicago Post Office | Chicago, IL | Office | $125.0M | 3.47% | Jan 2027 | n/a | n/a | Current |
| University Center Chicago | Chicago, IL | Multifamily | $120.6M | 3.92% | Aug 2027 | 3.25x | 99% | Current |
| Sherwin Williams Distribution Center - Effingham (Wabash), IL | Effingham, IL | Retail | $86.0M | 3.453% | Jan 2027 | n/a | n/a | Current |
| Prudential Plaza, Chicago (2027 maturity), loan 5 in CD 2017-CD3 Mortgage Trust | Chicago, IL | Office | $65.0M | 4.61% | Aug 2027 | 1.82x | 63% | Current |
| Radisson Blu Aqua Hotel | Chicago, IL | Hotel | $64.0M | 4.597% | Nov 2027 | 2.19x | 70% | Current |
| Prudential Plaza, Chicago (2027 maturity), loan 3 in JPMDB Commercial Mortgage Securities Trust 2017-C5 | Chicago, IL | Office | $60.4M | 4.61% | Aug 2027 | 1.82x | 63% | Current |
| Lincolnshire Commons | Lincolnshire, IL | Mixed use | $40.5M | 4.46% | Aug 2027 | 1.21x | 70% | Current |
| Calumet Business Center | Chicago, IL | Industrial | $28.5M | 4.305% | Feb 2027 | 1.08x | 81% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.