Industrial · Linthicum, Maryland
Airport Square
Public CMBS trusts hold $26.2M of the loan on Airport Square at 4.20% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $26,183,898
- Original balance (same notes)
- $30,000,000
- Interest rate
- 4.20% fixed
- Originated
- November 4, 2019
- Maturity
- November 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Cantor Commercial Real Estate Lending, L.P.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 800, 849, 900 & 930 International Drive, Linthicum, MD 21090
- Metro
- Baltimore-Columbia-Towson, MD
- Rentable area
- 230,737 sq ft
- Built
- 1986, renovated 2018
- Largest tenants
- Northrop Grumman; Advanced Mission Partners LLC - SSAI; USA ACOE
- Value at securitization
- $44.4M (Aug 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.80x | 2.72x |
| Occupancy | 86% | n/a |
| Net operating income (annualized from 3 months) | $3.2M | $4.9M |
| Debt yield | 18.6% |
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 UBS Commercial Mortgage Trust 2019-C18 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.
What the filing shows
- Net operating income is 54% above the underwritten figure ($4.9M a year against $3.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.80x at securitization to 2.72x on the latest statements.
- The filing gives May 2028 as the lease end date for the largest tenant (Northrop Grumman), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $26.2M | Current | No | 2.72x | 98% |
| August 2026 | $26.2M | Current | No | 2.72x | 98% |
| July 2026 | $26.3M | Current | No | 2.72x | 98% |
| June 2026 | $26.3M | Current | No | 2.33x | 98% |
| May 2026 | $26.4M | Current | No | 2.49x | 98% |
| April 2026 | $26.4M | Current | No | 2.49x | 98% |
| March 2026 | $26.5M | Current | No | 2.49x | 98% |
| February 2026 | $26.6M | Current | No | 2.49x | 98% |
| January 2026 | $26.6M | Current | No | 2.49x | 98% |
| December 2025 | $26.7M | Current | No | 2.47x | 98% |
| November 2025 | $26.7M | Current | No | 2.47x | 98% |
| October 2025 | $26.8M | Current | No | 2.47x | 98% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CF 2019-CF3 Mortgage Trust | 12 | $21,819,915 | Sep 2026 | SEC filing, September 30, 2026 |
| UBS Commercial Mortgage Trust 2019-C18 | 46 | $4,363,983 | Sep 2026 | SEC filing, September 28, 2026 |
Other Baltimore-Columbia-Towson loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Fieldside Grande | Aberdeen, MD | Multifamily | $52.3M | 6.06% | Jul 2029 | n/a | n/a | Current |
| Hilton Baltimore BWI Airport | Linthicum Heights, MD | Hotel | $35.0M | 4.799% | Apr 2029 | 1.57x | 82% | Current |
| Patuxent Crossing, Columbia | Columbia, MD | Office | $33.2M | 4.60% | Apr 2029 | 1.08x | 67% | Current |
| McGaw Commerce Center | Columbia, MD | Industrial | $32.5M | 6.823% | Apr 2029 | 1.15x | 93% | Current |
| Dundalk Plaza | Baltimore, MD | Retail | $27.3M | 7.20% | Aug 2029 | 1.53x | 99% | Current |
| Knightsbridge and Sheffield House Apartments | Baltimore, MD | Multifamily | $9.1M | 7.05% | Jan 2029 | 1.36x | 90% | Current |
| Hyatt Place Baltimore Owings Mills | Owings Mills, MD | Hotel | $6.3M | 8.23% | Jan 2029 | 1.76x | 57% | Current |
| Schnader Enterprises Portfolio | Baltimore, MD | Multifamily | $6.0M | 4.52% | Jun 2029 | 2.22x | 91% | Current |
All loans maturing in 2029 · All Baltimore-Columbia-Towson loans
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.