Industrial portfolio, 21 properties · Menomonee Falls, Wisconsin
Arctic Glacier - Menomonee
This portfolio is financed with a $24.6M CMBS loan at 4.66% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,635,000
- Original balance (same notes)
- $24,635,000
- Interest rate
- 4.66% fixed
- Originated
- March 15, 2019
- Maturity
- April 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 5, 2021
- Prepayment premium ends
- December 5, 2028 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Deutsche Bank AG, acting through its New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- N60 W160280 Kohler Lane, Menomonee Falls, WI 53051
- Metro
- Milwaukee-Waukesha, WI
- Value at securitization
- $36.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | n/a | $3.3M |
| Debt yield | 13.3% |
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 2019-B11 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Arctic Glacier - Menomonee | Menomonee Falls, WI | Warehouse | 100% | 2.77x |
| Arctic Glacier - West St. Paul | West St. Paul, MN | Warehouse | n/a | n/a |
| Arctic Glacier - Mississauga | Mississauga, ON | Warehouse | n/a | n/a |
| Arctic Glacier - Fairport | Fairport, NY | Warehouse | n/a | n/a |
| Arctic Glacier - West Point | West Point, IA | Warehouse | n/a | n/a |
| Arctic Glacier - Twin Oaks | Twin Oaks, PA | Warehouse | n/a | n/a |
| Arctic Glacier - Newburgh | Newburgh, NY | Warehouse | n/a | n/a |
| Arctic Glacier - Winnipeg | Winnipeg, MB | Warehouse | n/a | n/a |
| Arctic Glacier - Port Huron | Port Huron, MI | Warehouse | n/a | n/a |
| Arctic Glacier - Ypsilanti | Ypsilanti, MI | Warehouse | n/a | n/a |
| Arctic Glacier - Chatham | Chatham, ON | Warehouse | n/a | n/a |
| Arctic Glacier - Omaha | Omaha, NE | Warehouse | n/a | n/a |
| Arctic Glacier - Rapid City | Rapid City, SD | Warehouse | n/a | n/a |
| Arctic Glacier - Grayling | Grayling, MI | Warehouse | n/a | n/a |
| Arctic Glacier - Belding | Belding, MI | Warehouse | n/a | n/a |
| Arctic Glacier - Marshall | Marshall, MN | Warehouse | n/a | n/a |
| Arctic Glacier - Dubuque | Dubque, IA | Warehouse | n/a | n/a |
| Arctic Glacier - Lake Ozark | Lake Ozark, MO | Warehouse | n/a | n/a |
| Arctic Glacier - Pierre | Pierre, SD | Warehouse | n/a | n/a |
| Arctic Glacier - Shelby | Shelby Charter Twp., MI | Warehouse | n/a | n/a |
| Arctic Glacier - Storm Lake | Storm Lake, IA | Warehouse | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.6M | Current | No | 2.77x | 100% |
| August 2026 | $24.6M | Current | No | 2.77x | 100% |
| July 2026 | $24.6M | Current | No | 2.77x | 100% |
| June 2026 | $24.6M | Current | No | n/a | n/a |
| May 2026 | $24.6M | Current | No | n/a | n/a |
| April 2026 | $24.6M | Current | No | 2.77x | 100% |
| March 2026 | $24.6M | Current | No | 2.77x | 100% |
| February 2026 | $24.6M | Current | No | 2.77x | 100% |
| January 2026 | $24.6M | Current | No | 2.35x | 100% |
| December 2025 | $24.6M | Current | No | 2.35x | 100% |
| November 2025 | $24.6M | Current | No | 2.35x | 100% |
| October 2025 | $24.6M | Current | No | 2.77x | 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 2019-B11 Mortgage Trust | 16 | $24,635,000 | 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 |
| 401 & 395 North Executive Drive | Brookfield, WI | Office | $27.0M | 3.89% | Aug 2029 | n/a | n/a | Delinquent |
| 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.