Retail · Albertville, Alabama
Shoppes At Albertville
Shoppes At Albertville is financed with a $11.0M CMBS loan at 4.83% that reaches maturity on May 6, 2027, in 6 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $10,997,939
- Original balance (same notes)
- $12,895,000
- Interest rate
- 4.83% fixed
- Originated
- April 13, 2017
- Maturity
- May 6, 2027
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- June 5, 2019
- Originator
- GSMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 7360 & 7460 US Hwy 431, Albertville, AL 35950
- Rentable area
- 134,535 sq ft
- Built
- 2016
- Largest tenants
- Hobby Lobby #0707; TJ Maxx #1446; Ross #1876
- Value at securitization
- $17.4M (Feb 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.63x |
| Occupancy | 96% | 100% |
| Net operating income (annualized from 6 months) | $1.2M | $2.7M |
| Debt yield | 24.3% |
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-GS6 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.
What the filing shows
- Occupancy has risen from 96% when the loan was securitized to 100%.
- Net operating income is 130% above the underwritten figure ($2.7M a year against $1.2M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.43x at securitization to 1.63x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $11.0M | Current | No | 1.63x | 100% |
| September 2026 | $11.0M | Current | No | 1.63x | 100% |
| August 2026 | $11.0M | Current | No | 1.50x | 100% |
| July 2026 | $11.1M | Current | No | n/a | n/a |
| June 2026 | $11.1M | Current | No | n/a | n/a |
| May 2026 | $11.1M | Current | No | n/a | n/a |
| April 2026 | $11.1M | Current | No | 1.51x | 100% |
| March 2026 | $11.2M | Payment not received but still in grace period or not yet due | No | 1.51x | 100% |
| February 2026 | $11.2M | Payment not received but still in grace period or not yet due | No | 1.51x | 100% |
| January 2026 | $11.2M | Current | No | 1.51x | 100% |
| December 2025 | $11.2M | Current | No | 1.51x | 100% |
| November 2025 | $11.2M | Current | No | 1.62x | 99% |
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-GS6 | 19 | $10,997,939 | Oct 2026 | SEC filing, October 22, 2026 |
Other Alabama loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Summit Birmingham | Birmingham, AL | Retail | $208.0M | 4.762% | Jan 2027 | 2.10x | 93% | Current |
| Southbridge Office Park | Birmingham, AL | Office | $16.8M | 4.39% | Apr 2027 | 1.35x | 67% | Current |
| Redmont Hotel Curio | Birmingham, AL | Hotel | $16.2M | 5.291% | Nov 2027 | 1.05x | 65% | Current |
| The Crossroads of Opelika | Opelika, AL | Retail | $9.0M | 4.99% | Feb 2027 | 1.43x | 87% | Current |
| The Shoppes At Letson Farms | Bessemer, AL | Retail | $7.8M | 5.40% | Jan 2027 | n/a | n/a | Current |
| Homewood Commons | Birmingham, AL | Retail | $7.7M | 4.558% | Dec 2027 | 1.78x | 76% | Current |
| Hampton Inn - Gulf Shores | Gulf Shores, AL | Hotel | $7.6M | 5.412% | Dec 2027 | 1.74x | 60% | Current |
| Huntsville Commons | Huntsville, AL | Retail | $5.7M | 4.92% | Apr 2027 | 1.51x | 89% | Current |
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.