Retail · Cincinnati, Ohio
32 East Shopping Center
32 East Shopping Center is financed with a $18.6M CMBS loan at 4.62% that reaches maturity on February 6, 2028, in 15 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,607,934
- Original balance (same notes)
- $21,500,000
- Interest rate
- 4.62% fixed
- Originated
- January 19, 2018
- Maturity
- February 6, 2028
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- March 5, 2020
- Prepayment premium ends
- December 5, 2027 (yield maintenance)
- Master servicer
- KeyBank Real Estate Capital
- Originator
- n/a
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 700 Eastgate Drive South, Cincinnati, OH 45245
- Metro
- Cincinnati, OH-KY-IN
- Rentable area
- 188,912 sq ft
- Built
- 1990, renovated 2017
- Largest tenants
- Burlington; Sportsmans Warehouse; Michaels Stores Inc.
- Value at securitization
- $29.5M (Nov 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.05x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $2.7M |
| Debt yield | 14.6% |
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 BENCHMARK 2018-B2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.6M | Not reported | No | 2.05x | 100% |
| August 2026 | $18.6M | Not reported | No | 2.05x | 100% |
| July 2026 | $18.7M | Not reported | No | 2.05x | 100% |
| June 2026 | $18.7M | Not reported | No | 2.05x | 100% |
| May 2026 | $18.8M | Not reported | No | 2.05x | 100% |
| April 2026 | $18.8M | Not reported | No | 2.05x | 100% |
| March 2026 | $18.8M | Not reported | No | 2.17x | 100% |
| February 2026 | $18.9M | Not reported | No | 2.17x | 100% |
| January 2026 | $18.9M | Not reported | No | 2.17x | 100% |
| December 2025 | $18.9M | Not reported | No | 2.15x | 100% |
| November 2025 | $19.0M | Not reported | No | 2.15x | 100% |
| October 2025 | $19.0M | Not reported | No | 2.15x | 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 |
|---|---|---|---|---|
| BENCHMARK 2018-B2 Mortgage Trust | 27 | $18,607,934 | Sep 2026 | SEC filing, September 28, 2026 |
Other Cincinnati loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Atrium Two | Cincinnati, OH | Office | $49.5M | 5.059% | Dec 2028 | 1.54x | 78% | Current |
| Anderson Towne Center | Cincinnati, OH | Retail | $36.7M | 5.28% | May 2028 | 1.90x | 95% | Current |
| Dolwick Business Center | Erlanger, KY | Office | $22.1M | 4.744% | May 2028 | 1.73x | 85% | Current |
| Waterstone Center | Cincinnati, OH | Retail | $20.9M | 7.34% | Oct 2028 | 1.66x | 98% | Current |
| Belcan Headquarters | Blue Ash, OH | Office | $15.9M | 3.871% | Nov 2028 | n/a | n/a | Current |
| Linden Pointe | Cincinnati, OH | Mixed use | $13.5M | 5.32% | Sep 2028 | n/a | n/a | Current |
| Batavia Founders | Batavia, OH | Industrial | $10.3M | 5.49% | Oct 2028 | 1.63x | 88% | Current |
| Kohl's - Florence KY | Florence, KY | Retail | $6.4M | 5.10% | Oct 2028 | 1.37x | 100% | 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.