Metro area
Cleveland CMBS loans
The Cleveland, OH metro has 95 loans in public CMBS trusts with $1.9B outstanding. 23.3% of the balance is with a special servicer and 6.5% is delinquent. 15 loans ($468.3M) mature by the end of 2027.
Maturing by year
| Year | Loans | Balance |
|---|---|---|
| 2026 | 2 | $23.0M |
| 2027 | 11 | $348.9M |
| 2028 | 11 | $232.3M |
| 2029 | 24 | $494.3M |
| 2030 | 16 | $259.8M |
| 2031 | 12 | $167.2M |
By property type
| Type | Loans | Balance | Special servicing |
|---|---|---|---|
| Office | 23 | $566.5M | 37.0% |
| Multifamily | 24 | $489.0M | 10.8% |
| Mixed use | 7 | $297.2M | 59.9% |
| Retail | 18 | $287.9M | 3.5% |
| Industrial | 8 | $143.9M | 0.0% |
| Hotel | 11 | $132.2M | 0.0% |
| Self storage | 3 | $17.7M | 0.0% |
| Manufactured housing | 1 | $1.9M | 0.0% |
Due in the next 12 months
- 2026-12 2 loans, $23.0M
- 2027-02 2 loans, $182.2M
- 2027-03 1 loan, $4.9M
- 2027-04 1 loan, $20.6M
- 2027-06 1 loan, $4.8M
- 2027-08 1 loan, $37.5M
- 2027-09 1 loan, $2.7M
Loans in Cleveland
All 95, largest first.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Key Center Cleveland | Cleveland, OH | Mixed use | $157.3M | 5.31% | Feb 2027 | 1.84x | 89% | With the special servicer |
| North Point Tower | Cleveland Hts, OH | Office | $86.4M | 3.30% | Sep 2024 | n/a | n/a | With the special servicer |
| 16625 Granite Road | Maple Heights, OH | Office | $82.8M | 3.78% | Aug 2029 | n/a | n/a | Current |
| Van Aken District | Shaker Heights, OH | Mixed use | $53.5M | 3.60% | Dec 2029 | 1.74x | 84% | Current |
| Euclid Apartments | Euclid, OH | Multifamily | $53.0M | 7.06% | Feb 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| American Greetings Hq | Westlake, OH | Office | $52.1M | 6.498% | May 2036 | n/a | n/a | Current |
| One Cleveland Center | Cleveland, OH | Office | $49.9M | 5.30% | Nov 2027 | 1.11x | 69% | With the special servicer |
| Indian Hills Senior Community | Euclid, OH | Multifamily | $49.1M | 5.13% | Sep 2028 | 1.50x | 88% | Current |
| Midtown Towers | Parma, OH | Multifamily | $47.5M | 5.91% | Sep 2031 | n/a | n/a | Current |
| 15535 South State Avenue | Middlefield, OH | Industrial | $46.5M | 3.322% | Nov 2030 | n/a | n/a | Current |
| Vista Apartments | Euclid, OH | Multifamily | $45.0M | 6.516% | Aug 2035 | n/a | n/a | Current |
| Welleon | Cleveland, OH | Multifamily | $44.6M | 6.23% | Dec 2029 | 1.19x | 94% | Current |
| Steelyard Commons | Cleveland, OH | Retail | $39.6M | 4.855% | Apr 2028 | 2.24x | 84% | Current |
| Windsor Building | Cleveland, OH | Retail | $38.0M | 7.50% | Oct 2035 | n/a | n/a | Current |
| HBP Euclid | Euclid, OH | Industrial | $37.5M | 4.66% | Aug 2027 | n/a | n/a | Current |
| Willoughby Commons | Willoughby, OH | Retail | $35.2M | 4.038% | Jan 2030 | n/a | n/a | Current |
| Park Center Plaza I, Ii, III | Independence, OH | Office | $31.6M | 6.90% | Dec 2035 | 1.89x | 96% | Current |
| Us Bank Centre | Cleveland, OH | Office | $31.5M | 5.044% | Jan 2029 | 0.94x | 74% | With the special servicer and 90+ days delinquent |
| West Bay Plaza | Westlake, OH | Retail | $29.2M | 7.648% | Dec 2033 | 1.45x | 100% | Current |
| Solon Park Apartments | Solon, OH | Multifamily | $28.0M | 6.67% | Jul 2029 | 1.29x | 90% | Current |
| Fifth Third Center | Cleveland, OH | Office | $27.5M | 7.257% | Dec 2029 | 3.00x | 74% | Current |
| Summit Office Park | Independence, OH | Office | $25.0M | 4.865% | Sep 2028 | 0.79x | 65% | Current |
| Hyatt Regency at the Arcade (Hyatt Regency Cleveland) | Cleveland, OH | Hotel | $25.0M | 7.99% | May 2028 | 1.24x | 63% | Current |
| Rockside Flex Portfolio | Valley View, OH | Mixed use | $25.0M | 7.60% | May 2030 | 1.52x | 80% | Current |
| Key Center | Cleveland, OH | Office | $25.0M | 5.31% | Feb 2027 | 1.85x | 89% | With the special servicer and 30-59 days delinquent |
| Center North | Lakewood, OH | Multifamily | $24.7M | 4.80% | Jun 2029 | 1.21x | 98% | Current |
| Freedom Square II | Independence, OH | Office | $24.0M | 4.15% | Nov 2027 | n/a | n/a | Current |
| The Garfield Apartments | Cleveland, OH | Multifamily | $22.6M | 5.20% | May 2029 | 0.76x | 91% | Current |
| ABB Office | Highland Hills, OH | Office | $22.3M | 3.421% | Jan 2030 | 2.78x | 100% | Current |
| 1010 Building and Heinens Rotunda Building | Cleveland, OH | Mixed use | $22.2M | 4.68% | Jul 2031 | 0.95x | 89% | Current |
| Village Square, Woodmere | Woodmere, OH | Retail | $21.0M | 6.447% | Oct 2030 | n/a | n/a | Current |
| Cleveland Dual Brand Hotel | Independence, OH | Hotel | $20.9M | 8.31% | Jan 2031 | n/a | n/a | Current |
| Flats East Bank Phase I | Cleveland, OH | Mixed use | $20.6M | 5.885% | Apr 2027 | 0.49x | 54% | With the special servicer |
| Dover Place Apartments | Eastlake, OH | Multifamily | $18.6M | 5.689% | Dec 2026 | n/a | n/a | Current |
| The Westbury Apartments | North Olmsted, OH | Multifamily | $18.5M | 6.45% | Sep 2031 | n/a | n/a | Current |
| Tremont Place Lofts | Cleveland, OH | Multifamily | $18.1M | 6.70% | Jan 2030 | n/a | n/a | Current |
| Crocker Park Phase 3 | Westlake, OH | Retail | $18.0M | 4.536% | Feb 2032 | 2.06x | 89% | Current |
| Cross Creek Apartments | Brunswick, OH | Multifamily | $17.1M | 4.841% | Mar 2028 | n/a | n/a | Late, less than 30 days |
| 23000 Millcreek Boulevard | Highland Hills, OH | Office | $17.0M | 2.70% | Jan 2031 | 4.12x | 90% | Current |
| Baricelli Little Italy | Cleveland, OH | Multifamily | $16.8M | 6.417% | Jan 2028 | 0.82x | 92% | Late, less than 30 days |
| The IMG Building | Cleveland, OH | Office | $16.7M | 5.382% | Mar 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Corporate Plaza, Independence | Independence, OH | Office | $16.3M | 4.57% | Jan 2028 | 2.34x | 96% | Current |
| Hyatt Place Crocker Park | Westlake, OH | Hotel | $16.0M | 6.72% | Apr 2033 | 2.12x | 83% | Current |
| Oakwood Commons | Cleveland, OH | Retail | $15.8M | 3.92% | Jul 2029 | n/a | n/a | Current |
| Aloft Cleveland Airport | North Olmsted, OH | Hotel | $14.0M | 6.761% | Aug 2030 | 0.69x | 67% | Current |
| Clinton West | Clevelan d, OH | Multifamily | $14.0M | 4.99% | May 2029 | n/a | n/a | Current |
| Hotel Indigo | Cleveland, OH | Hotel | $13.5M | 7.264% | Nov 2029 | 1.08x | 56% | Current |
| Crocker Block K & Detroit | Westlake, OH | Retail | $13.1M | 4.71% | Nov 2027 | n/a | n/a | Current |
| Lakeside Commerce Center | Cleveland, OH | Industrial | $13.0M | 6.572% | Aug 2035 | n/a | n/a | Current |
| Battery Park Lofts | Cleveland, OH | Multifamily | $12.9M | 4.12% | Jul 2030 | 1.44x | 93% | Current |
| Midway Market Square | Elyria, OH | Retail | $12.7M | 4.41% | Feb 2032 | 1.52x | 89% | Current |
| Galaxy Parkway Industrial | Warrensville Heights, OH | Industrial | $12.0M | 6.563% | Dec 2030 | 1.49x | n/a | Current |
| CVS Parma | Cleveland, OH | Retail | $11.8M | 4.90% | Jul 2029 | n/a | n/a | Current |
| 25e Office Building | Warrensville Heights, OH | Office | $10.4M | 4.00% | Oct 2029 | 0.71x | 78% | Current |
| Lee Harvard Shopping Center | Cleveland, OH | Retail | $10.4M | 4.78% | May 2028 | 2.15x | 84% | Current |
| 32 West Apartments | Cleveland, OH | Multifamily | $10.4M | 7.049% | Apr 2031 | n/a | n/a | Current |
| Highland Business Park | Warrensville Heights, OH | Mixed use | $10.4M | 7.46% | Feb 2035 | n/a | n/a | Current |
| Kohl's Highland Heights | Highland Heights, OH | Retail | $10.1M | 4.90% | Oct 2024 | 1.73x | 100% | With the special servicer |
| Holiday Inn Mentor Ohio | OH | Hotel | $10.0M | 7.71% | Aug 2031 | n/a | n/a | Current |
| Home Depot - Cleveland Heights | Cleveland Heights, OH | Retail | $9.6M | 3.71% | Jan 2030 | n/a | n/a | Current |
| Northern Ohio Industrial Park | Elyria, OH | Industrial | $9.2M | 4.487% | Nov 2027 | 3.22x | 88% | Current |
| Edge 32 Apartments | Cleveland, OH | Multifamily | $9.1M | 4.15% | Jul 2030 | n/a | n/a | Current |
| Corporate Circle | Pepper Pike, OH | Office | $9.0M | 6.365% | Oct 2034 | 2.33x | 99% | Current |
| Snowville Flex Industrial Portfolio | Brecksville, OH | Industrial | $8.8M | 6.66% | Jul 2030 | n/a | n/a | Current |
| Courtyard By Marriott Cleveland Airport South | Middleburg Heights, OH | Hotel | $8.8M | 6.837% | Jul 2029 | n/a | n/a | Current |
| GED Integrated Solutions | Glenwillow, OH | Industrial | $8.6M | 4.95% | Mar 2028 | 1.81x | 100% | Current |
| Beachcliff Place | Rocky River, OH | Multifamily | $8.5M | 4.55% | Jan 2030 | 1.64x | 88% | Current |
| Bushwood Office Building | Beachwood, OH | Office | $8.5M | 4.26% | Jul 2029 | 0.57x | 54% | Current |
| INA & Bailey Buildings | Lakewood, OH | Mixed use | $8.2M | 7.431% | Dec 2033 | 1.91x | 86% | Current |
| Elyria Industrial | Elyria, OH | Industrial | $8.2M | 6.275% | Sep 2032 | 1.38x | 81% | Current |
| Hampton Inn North Olmsted Cleveland Airport | North Olmsted, OH | Hotel | $8.1M | 6.91% | Oct 2029 | 2.55x | 78% | Current |
| Compass Self Storage Shaker Heights | Shaker Heights, OH | Self storage | $7.8M | 5.18% | Sep 2028 | n/a | n/a | Late, less than 30 days |
| Triskett Road Self Storage | Cleveland, OH | Self storage | $6.5M | 3.923% | Feb 2032 | 2.66x | 92% | Current |
| Crile Crossing | Concord Township, OH | Retail | $6.4M | 5.35% | Mar 2029 | 1.35x | 89% | Current |
| Giant Eagle - Chardon | Chardon, OH | Retail | $6.4M | 6.73% | May 2035 | 2.04x | 100% | Current |
| 1900 Euclid Avenue | Cleveland, OH | Multifamily | $6.4M | 6.85% | Sep 2029 | 1.15x | 83% | Current |
| Hampton Inn Cleveland Airport | Brooklyn, OH | Hotel | $6.0M | 6.712% | Aug 2035 | n/a | n/a | Current |
| 3690 Orange Pl | Beachwood, OH | Office | $5.9M | 4.01% | Sep 2030 | 2.38x | 81% | Current |
| 11319-11327 Hessler Road | Cleveland, OH | Multifamily | $5.8M | 7.135% | Jan 2030 | n/a | n/a | Current |
| Beachwood Office Park | Beachwood, OH | Office | $5.5M | 4.09% | Jul 2031 | 2.54x | 98% | Current |
| Oak Tree Place | Independence, OH | Office | $5.5M | 4.18% | Jun 2029 | 2.39x | 87% | Current |
| Chippewa Place | Brecksville, OH | Multifamily | $5.3M | 7.003% | May 2029 | 3.40x | 100% | Current |
| 6100 Rockside Woods | Independence, OH | Office | $5.2M | 7.30% | Aug 2030 | 1.63x | 73% | Current |
| Hampton Inn Cleveland-Westlake | Westlake, OH | Hotel | $5.0M | 4.60% | Nov 2029 | 4.32x | 67% | Current |
| 118 Flats Oval | Cleveland, OH | Multifamily | $4.9M | 5.36% | Mar 2027 | 1.10x | 75% | Current |
| Hampton Inn & Suites Elyria | Elyria, OH | Hotel | $4.8M | 5.06% | Jun 2027 | 2.30x | 71% | Current |
| Settlers Pointe Office Building | Cleveland, OH | Office | $4.7M | 5.25% | Mar 2029 | 1.82x | 84% | Current |
| Pinebrook Apartments | Lorain, OH | Multifamily | $4.5M | 3.15% | Sep 2031 | 5.98x | 90% | Current |
| Chestnut Commons | Elyria, OH | Retail | $4.3M | 5.03% | Dec 2026 | 2.20x | 96% | Current |
| Orange Professional Building | Orange, OH | Office | $3.9M | 4.25% | Apr 2032 | n/a | n/a | Current |
| Meadows Pointe | Elyria, OH | Multifamily | $3.8M | 3.75% | Sep 2031 | 2.21x | 93% | Current |
| Wellington Property | Wellington, OH | Retail | $3.6M | 3.43% | Sep 2031 | n/a | n/a | Current |
| Cubesmart - Elyria Oh | Elyria, OH | Self storage | $3.3M | 3.64% | Dec 2031 | 2.74x | 77% | Current |
| Lakewest Plaza | Willoughby, OH | Retail | $2.7M | 5.15% | Sep 2027 | 1.40x | 100% | Current |
| Middlefield MHC | Middlefield, OH | Manufactured housing | $1.9M | 4.50% | Sep 2029 | 3.26x | 98% | Current |
Download this list as CSV (current month, CC BY 4.0; terms and history)
Own a Cleveland property with a maturing CMBS loan?
Send the loan to Janover Capital to talk through a refinance or recapitalization.