Multifamily · St. Petersburg, Florida
Sienna Bay
Sienna Bay is financed with a $21.5M CMBS loan at 4.40% 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
- $21,473,652
- Original balance (same notes)
- $24,250,000
- Interest rate
- 4.40% fixed
- Originated
- April 24, 2017
- Maturity
- May 6, 2027
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- September 5, 2019
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10501 3rd Street North, St. Petersburg, FL 33716
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Units, rooms or beds
- 276
- Built
- 1974, renovated 2016
- Value at securitization
- $34.5M (Mar 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 1.16x |
| Occupancy | 95% | 84% |
| Net operating income (annualized from 3 months) | $2.1M | $1.7M |
| Debt yield | 8.0% |
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
- Occupancy down 10 points 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 95% when the loan was securitized to 84%.
- Net operating income is 17% below the underwritten figure ($1.7M a year against $2.1M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.41x at securitization to 1.16x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $21.5M | Current | No | 1.16x | 84% |
| September 2026 | $21.5M | Current | No | 1.16x | 84% |
| August 2026 | $21.6M | Current | No | 1.16x | 84% |
| July 2026 | $21.6M | Current | No | 1.16x | 84% |
| June 2026 | $21.6M | Current | No | 1.16x | 84% |
| May 2026 | $21.7M | Current | No | 1.16x | 84% |
| April 2026 | $21.7M | Current | No | 0.58x | 69% |
| March 2026 | $21.8M | Current | No | 0.57x | 58% |
| February 2026 | $21.8M | Current | No | 0.57x | 58% |
| January 2026 | $21.8M | Current | No | 0.57x | 58% |
| December 2025 | $21.9M | Current | No | 0.57x | 58% |
| November 2025 | $21.9M | Current | No | 0.57x | 58% |
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 | 15 | $21,473,652 | Oct 2026 | SEC filing, October 22, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Baypoint Commerce Center | St. Petersburg, FL | Office | $21.8M | 4.733% | Apr 2027 | 1.45x | 72% | Current |
| Northwoods Center | Wesley Chapel, FL | Retail | $15.8M | 4.41% | Sep 2027 | 1.97x | 100% | Current |
| Shoppes at New Tampa | Wesley Chapel, FL | Retail | $11.7M | 4.88% | Apr 2027 | 1.89x | 100% | Current |
| The Fountains | Palm Harbor, FL | Retail | $10.3M | 4.682% | Sep 2027 | 1.68x | 82% | Current |
| Cortez Commons | Brooksville, FL | Retail | $10.3M | 5.00% | Apr 2027 | 1.73x | 100% | Current |
| Royal Oaks Shopping Center | Valrico, FL | Retail | $8.4M | 4.63% | Sep 2027 | 1.65x | 100% | Current |
| Walgreens - Clearwater | Clearwater, FL | Retail | $3.9M | 4.39% | Jul 2027 | 2.36x | 100% | Current |
All loans maturing in 2027 · All Tampa-St. Petersburg-Clearwater 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.