Retail · Cincinnati, Ohio
Anderson Towne Center
Public CMBS trusts hold $36.7M of the loan on Anderson Towne Center at 5.28% that reaches maturity on May 1, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $36,686,287
- Original balance (same notes)
- $42,415,000
- Interest rate
- 5.28% fixed
- Originated
- April 26, 2018
- Maturity
- May 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 30, 2020
- Prepayment premium ends
- January 31, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 15, 2020, returned July 31, 2020
- Workout strategy
- Resolved
- Defeasance
- Partly defeased
The property
- Address
- 7418-7578 Beechmont Avenue, Cincinnati, OH 45255
- Metro
- Cincinnati, OH-KY-IN
- Rentable area
- 347,622 sq ft
- Built
- 1967, renovated 2017
- Largest tenants
- Macy's; Cincinnati Bell; CRUNCH FITNESS
- Value at securitization
- $60.6M (Mar 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.41x | 1.90x |
| Occupancy | 96% | 95% |
| Net operating income (annualized from 3 months) | $4.0M | $3.2M |
| Debt yield | 8.7% |
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 BANK 2018-BNK14 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 19% below the underwritten figure ($3.2M a year against $4.0M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.41x at securitization to 1.90x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $36.7M | Current | No | 1.90x | 95% |
| August 2026 | $36.8M | Current | No | 1.90x | 95% |
| July 2026 | $36.8M | Current | No | 1.90x | 95% |
| June 2026 | $21.7M | Current | No | 1.90x | 95% |
| May 2026 | $37.0M | Current | No | 2.00x | 95% |
| April 2026 | $37.0M | Current | No | 2.00x | 95% |
| March 2026 | $37.1M | Current | No | 2.00x | 95% |
| February 2026 | $37.2M | Current | No | 2.00x | 95% |
| January 2026 | $37.2M | Current | No | 1.91x | 95% |
| December 2025 | $37.3M | Current | No | 1.91x | 95% |
| November 2025 | $37.4M | Current | No | 1.91x | 95% |
| October 2025 | $37.4M | Current | No | 1.85x | 95% |
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.
Special-servicing history
- Transferred to the special servicer June 4, 2020, returned to the master servicer July 31, 2020.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
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 |
|---|---|---|---|---|
| BANK 2018-BNK13 | 13 | $21,623,415 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK14 | 24 | $15,062,872 | Sep 2026 | SEC filing, October 1, 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 |
| 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 |
| 32 East Shopping Center | Cincinnati, OH | Retail | $18.6M | 4.62% | Feb 2028 | 2.05x | 100% | 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.