Mixed use portfolio, 2 properties · Ann Arbor, Michigan
112-120 West Washington and 117 South Ashley Street
This portfolio is financed with a $5.1M CMBS loan at 4.75% that reaches maturity on May 6, 2029, in 2 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,093,968
- Original balance (same notes)
- $5,700,000
- Interest rate
- 4.75% fixed
- Originated
- April 9, 2019
- Maturity
- May 6, 2029
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- June 5, 2020
- Prepayment premium ends
- December 5, 2028 (yield maintenance)
- Master servicer
- Midland
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 112-120 W. Washington Street, Ann Arbor, MI 48104
- Metro
- Ann Arbor, MI
- Value at securitization
- $9.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | n/a | $524K |
| Debt yield | 10.3% |
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 Capital I Trust 2019-H6 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 112-120 West Washington and 117 South Ashley Street | Ann Arbor, MI | Mixed Use | 100% | 1.45x |
| 400 West Front Street I | Traverse City, MI | Mixed Use | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.1M | Current | No | 1.45x | 100% |
| August 2026 | $5.1M | Current | No | 1.45x | 100% |
| July 2026 | $5.1M | Current | No | n/a | n/a |
| June 2026 | $5.1M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $5.1M | Current | No | n/a | n/a |
| April 2026 | $5.1M | Current | No | n/a | n/a |
| March 2026 | $5.1M | Current | No | n/a | n/a |
| February 2026 | $5.2M | Current | No | n/a | n/a |
| January 2026 | $5.2M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| December 2025 | $5.2M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| November 2025 | $5.2M | Current | No | n/a | n/a |
| October 2025 | $5.2M | Current | No | n/a | n/a |
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 Capital I Trust 2019-H6 | 27 | $5,093,968 | Sep 2026 | SEC filing, October 2, 2026 |
Other Ann Arbor loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 777 East Eisenhower | Ann Arbor, MI | Office | $40.4M | 4.08% | Sep 2029 | 1.73x | 94% | Current |
| 445 & 455 East Eisenhower Parkway | Ann Arbor, MI | Retail | $12.9M | 4.70% | Aug 2029 | n/a | n/a | Current |
| Gallatin Manor | Ann Arbor, MI | Multifamily | $3.2M | 5.25% | Apr 2029 | 2.90x | 100% | Current |
| 205-207 East Washington Street | Ann Arbor, MI | Mixed use | $2.7M | 4.75% | Jul 2029 | 1.07x | 100% | Late, less than 30 days |
| Concourse Office Center | Ann Arbor, MI | Office | $2.5M | 4.62% | Jun 2029 | 0.85x | 78% | 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.