Office · Columbus, Ohio
445 Hutchinson
445 Hutchinson is financed with a $18.2M CMBS loan at 4.94% that reaches maturity on September 6, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $18,177,030
- Original balance (same notes)
- $21,000,000
- Interest rate
- 4.94% fixed
- Originated
- August 10, 2018
- Maturity
- September 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 5, 2028
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 445 Hutchinson Avenue, Columbus, OH 43235
- Metro
- Columbus, OH
- Rentable area
- 256,495 sq ft
- Built
- 1988
- Largest tenants
- Arizona College of Nursing; Perez & Morris LLC; Maxim Healthcare Services Inc.
- Value at securitization
- $30.8M (Jul 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.16x |
| Occupancy | 90% | 75% |
| Net operating income (annualized from 6 months) | n/a | $1.6M |
| Debt yield | 8.6% |
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-B6 MORTGAGE TRUST filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Occupancy down 10 points 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
- Occupancy has fallen from 90% when the loan was securitized to 75%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.2M | Late payment but less than 30 days delinquent | No | 1.16x | 75% |
| August 2026 | $18.2M | Late payment but less than 30 days delinquent | No | 1.16x | 75% |
| July 2026 | $18.2M | Late payment but less than 30 days delinquent | No | 1.08x | 72% |
| June 2026 | $18.3M | Late payment but less than 30 days delinquent | No | 1.10x | 68% |
| May 2026 | $18.3M | Late payment but less than 30 days delinquent | No | 1.10x | 68% |
| April 2026 | $18.4M | Late payment but less than 30 days delinquent | No | 1.10x | 68% |
| March 2026 | $18.4M | Late payment but less than 30 days delinquent | No | 1.15x | 68% |
| February 2026 | $18.4M | Not reported | No | 1.10x | 68% |
| January 2026 | $18.5M | Late payment but less than 30 days delinquent | No | 1.15x | 68% |
| December 2025 | $18.5M | Late payment but less than 30 days delinquent | No | 1.15x | 68% |
| November 2025 | $18.5M | Late payment but less than 30 days delinquent | No | 1.15x | 68% |
| October 2025 | $18.5M | Not reported | No | 1.28x | 69% |
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-B6 MORTGAGE TRUST | 16 | $18,177,030 | Sep 2026 | SEC filing, September 25, 2026 |
Other Columbus loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sun Center Plaza | Columbus, OH | Retail | $47.5M | 6.97% | Dec 2028 | 1.78x | 99% | Current |
| Carriage Place | Columbus, OH | Retail | $28.3M | 4.91% | Oct 2028 | 1.42x | 97% | Current |
| Alliance Data Systems | Columbus, OH | Office | $26.6M | 4.942% | Aug 2028 | n/a | n/a | Current |
| Fedex Distribution Center, Groveport | Groveport, OH | Industrial | $21.1M | 4.76% | Mar 2028 | 2.34x | 100% | Current |
| Parkway Centre North | Grove City, OH | Retail | $15.8M | 4.701% | Jul 2028 | 2.03x | 100% | Current |
| North West Square | Columbus, OH | Retail | $14.0M | 4.93% | May 2028 | 2.07x | 98% | Current |
| One Mill Run | Hilliard, OH | Office | $13.6M | 5.269% | Mar 2028 | 0.88x | 56% | Current |
| Embassy Suites - Columbus OH | Columbus, OH | Hotel | $12.5M | 4.44% | Aug 2028 | 2.40x | 66% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.