Industrial · Troy, Ohio
1501 Experiment Farm Road
1501 Experiment Farm Road is financed with a $8.1M CMBS loan at 5.30% that reaches maturity on January 1, 2029, in 2 years and 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $8,052,972
- Original balance (same notes)
- $9,187,500
- Interest rate
- 5.30% fixed
- Originated
- December 21, 2018
- Maturity
- January 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- October 31, 2028
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1501 Experiment Farm Road, Troy, OH 45373
- Metro
- Dayton-Kettering-Beavercreek, OH
- Rentable area
- 362,816 sq ft
- Built
- 1992
- Largest tenants
- Pella Corporation
- Value at securitization
- $13.7M (Nov 2018)
Performance
| At securitization | Latest (May 2026) | |
|---|---|---|
| DSCR (NOI) | 1.81x | 1.30x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $1.1M | $1.6M |
| Debt yield | 19.8% |
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 JPMCC Commercial Mortgage Securities Trust 2019-COR4 filing for the reporting period ending October 6, 2026, filed with the SEC October 21, 2026.
- Coverage down 0.25x or more from securitization
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
- Net operating income is 44% above the underwritten figure ($1.6M a year against $1.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.81x at securitization to 1.30x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $8.1M | Current | No | 1.30x | 100% |
| September 2026 | $8.1M | Current | No | 1.30x | 100% |
| August 2026 | $8.1M | Current | No | 1.30x | 100% |
| July 2026 | $8.1M | Current | No | 1.30x | 100% |
| June 2026 | $8.1M | Current | No | 1.30x | 100% |
| May 2026 | $8.1M | Current | No | 1.30x | 100% |
| April 2026 | $8.1M | Current | No | 1.30x | n/a |
| March 2026 | $8.2M | Current | No | 1.30x | n/a |
| February 2026 | $8.2M | Current | No | 1.30x | n/a |
| January 2026 | $8.2M | Current | No | 1.30x | n/a |
| December 2025 | $8.2M | Current | No | 1.30x | 100% |
| November 2025 | $8.2M | Current | No | 1.30x | 100% |
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR4 | 28 | $8,052,972 | Oct 2026 | SEC filing, October 21, 2026 |
Other Dayton-Kettering-Beavercreek loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Austin Landing | Miamisburg, OH | Mixed use | $47.6M | 3.98% | Dec 2029 | n/a | n/a | Current |
| Austin Landing Mixed-Use | Miamisburg, OH | Mixed use | $36.9M | 3.98% | Dec 2029 | 3.12x | 96% | Current |
| 1800 Union Airpark Boulevard | Union, OH | Industrial | $34.3M | 2.653% | Nov 2029 | n/a | n/a | Late, less than 30 days |
| Crocs Distribution Center | Vandalia, OH | Industrial | $22.2M | 4.04% | Oct 2029 | 1.52x | 100% | Current |
| IRG Moraine | Moraine, OH | Industrial | $11.9M | 4.76% | May 2029 | n/a | n/a | Current |
| Hidden Creek Apartments, Dayton | Dayton, OH | Multifamily | $4.8M | 7.78% | Aug 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
All loans maturing in 2029 · All Dayton-Kettering-Beavercreek 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.