Self storage portfolio, 3 properties · Multiple locations
Space Mart New Jersey Portfolio
This portfolio is financed with a $17.5M CMBS loan at 4.681% that reaches maturity on November 6, 2027, in 12 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $17,525,158
- Original balance (same notes)
- $18,700,000
- Interest rate
- 4.681% fixed
- Originated
- October 30, 2017
- Maturity
- November 6, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- December 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
- Value at securitization
- $27.2M (Sep 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.29x | 2.13x |
| Occupancy | 90% | 96% |
| Net operating income (annualized from 6 months) | $1.5M | $2.5M |
| Debt yield | 14.2% |
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-GS8 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 90% when the loan was securitized to 96%.
- Net operating income is 67% above the underwritten figure ($2.5M a year against $1.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.29x at securitization to 2.13x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $17.5M | Current | No | 2.13x | 96% |
| September 2026 | $17.6M | Current | No | 2.06x | 94% |
| August 2026 | $17.6M | Current | No | 2.06x | 94% |
| July 2026 | $17.6M | Current | No | 2.06x | 94% |
| June 2026 | $17.6M | Current | No | 2.07x | 94% |
| May 2026 | $17.7M | Current | No | 2.07x | 96% |
| April 2026 | $17.7M | Current | No | 2.07x | 96% |
| March 2026 | $17.7M | Current | No | 2.07x | 96% |
| February 2026 | $17.7M | Current | No | 2.07x | 96% |
| January 2026 | $17.8M | Current | No | 2.07x | 96% |
| December 2025 | $17.8M | Current | No | 2.07x | 96% |
| November 2025 | $17.8M | Current | No | 2.01x | 96% |
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-GS8 | 20 | $17,525,158 | Oct 2026 | SEC filing, October 22, 2026 |
Other self storage loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Mall of Louisiana | Baton Rouge, LA | Self storage | $287.5M | 3.984% | Aug 2027 | 1.41x | 86% | Current |
| Extra Space Self Storage Portfolio | Self storage | $92.0M | 4.175% | Dec 2027 | 3.35x | 81% | Current | |
| Extra Space SS Portfolio | Self storage | $60.0M | 4.175% | Dec 2027 | 3.35x | 81% | Current | |
| U-Haul of Medford | Somerville, MA | Self storage | $51.2M | 3.703% | Sep 2027 | n/a | n/a | Current |
| U-Haul SAC Portfolios 14, 15, 17 | Self storage | $44.7M | 3.703% | Sep 2027 | 1.54x | 83% | Current | |
| Henderson - Stephanie Pl | Henderson, NV | Self storage | $42.4M | 4.175% | Dec 2027 | n/a | n/a | Current |
| Storbox Self Storage | Pasadena, CA | Self storage | $41.5M | 4.808% | Feb 2027 | 3.07x | 99% | Current |
| Brookwood Self Storage LA-MS Portfolio | Self storage | $40.0M | 3.94% | Jul 2027 | 3.87x | 81% | 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.