Office portfolio, 2 properties · Brookfield, Wisconsin
401 & 395 North Executive Drive
This portfolio is financed with a $27.0M CMBS loan at 3.89% that reaches its anticipated repayment date on August 1, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is delinquent: 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $26,998,881
- Original balance (same notes)
- $27,950,000
- Interest rate
- 3.89% fixed
- Originated
- July 19, 2019
- Maturity
- August 1, 2029
- Anticipated repayment date
- August 1, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- September 30, 2021
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 401 & 395 North Executive Drive, Brookfield, WI 53005
- Metro
- Milwaukee-Waukesha, WI
- Value at securitization
- $43.7M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $2.8M | n/a |
Watch flags
Computed from the CSAIL 2019-C17 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in every report since September 2026.
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 |
|---|---|---|---|---|
| 401 & 395 North Executive Drive | Brookfield, WI | Office | n/a | n/a |
| 180 North Executive Drive | Brookfield, WI | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $27.0M | 30-59 days delinquent | No | n/a | n/a |
| August 2026 | $27.0M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| July 2026 | $27.0M | Current | No | n/a | n/a |
| June 2026 | $27.0M | Current | No | n/a | n/a |
| May 2026 | $27.1M | Current | No | n/a | n/a |
| April 2026 | $27.1M | Current | No | 1.87x | 100% |
| March 2026 | $27.2M | Current | No | 1.33x | 100% |
| February 2026 | $27.2M | Current | No | 1.33x | 100% |
| January 2026 | $27.3M | Current | No | 1.33x | 100% |
| December 2025 | $27.3M | Current | No | 1.33x | 100% |
| November 2025 | $27.3M | Current | No | 1.86x | 100% |
| October 2025 | $27.4M | Current | No | 1.86x | 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 |
|---|---|---|---|---|
| CSAIL 2019-C17 Commercial Mortgage Trust | 8 | $26,998,881 | Sep 2026 | SEC filing, September 28, 2026 |
Other Milwaukee-Waukesha loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kimpton Journeyman Hotel | Milwaukee, WI | Hotel | $30.0M | 7.38% | Oct 2029 | -0.47x | 57% | Current |
| Arctic Glacier - Menomonee | Menomonee Falls, WI | Industrial | $24.6M | 4.66% | Apr 2029 | n/a | n/a | Current |
| Pick N Save - Oconomowoc | Oconomowoc, WI | Retail | $19.9M | 4.032% | Aug 2029 | n/a | n/a | Current |
| Shoppes at Fox River | Waukesha, WI | Retail | $17.9M | 4.48% | Mar 2029 | n/a | n/a | Current |
| Embassy Suites Milwaukee Brookfield | Brookfield, WI | Hotel | $16.0M | 3.91% | Aug 2029 | 0.70x | 73% | Current |
| DentaQuest | Milwaukee, WI | Office | $13.4M | 4.887% | Mar 2029 | n/a | n/a | Current |
| 241 North Broadway | Milwaukee, WI | Office | $11.8M | 4.051% | Aug 2029 | 1.23x | 83% | Current |
| The Quin | Milwaukee, WI | Multifamily | $10.1M | 4.19% | Dec 2029 | 1.44x | 99% | 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.