Office · Blue Ash, Ohio
Belcan Headquarters
Belcan Headquarters is financed with a $15.9M CMBS loan at 3.871% that reaches maturity on November 1, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,900,000
- Original balance (same notes)
- $15,900,000
- Interest rate
- 3.871% fixed
- Originated
- October 18, 2021
- Maturity
- November 1, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 31, 2028
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10151 Carver Road, Blue Ash, OH 45242
- Metro
- Cincinnati, OH-KY-IN
- Rentable area
- 135,413 sq ft
- Built
- 2000, renovated 2021
- Largest tenants
- Belcan, LLC; L.M. Kohn and Company
- Value at securitization
- $26.5M (Sep 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.64x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.6M | n/a |
Watch flags
Computed from the BENCHMARK 2021-B31 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.9M | Current | No | n/a | n/a |
| August 2026 | $15.9M | Current | No | n/a | n/a |
| July 2026 | $15.9M | Current | No | n/a | n/a |
| June 2026 | $15.9M | Current | No | n/a | n/a |
| May 2026 | $15.9M | Current | No | n/a | n/a |
| April 2026 | $15.9M | Current | No | 2.98x | 100% |
| March 2026 | $15.9M | Current | No | 2.98x | 100% |
| February 2026 | $15.9M | Current | No | 2.93x | 100% |
| January 2026 | $15.9M | Current | No | 2.93x | 100% |
| December 2025 | $15.9M | Current | No | 2.93x | 100% |
| November 2025 | $15.9M | Current | No | 2.88x | 100% |
| October 2025 | $15.9M | Current | No | 2.88x | 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 2021-B31 MORTGAGE TRUST | 35 | $15,900,000 | Sep 2026 | SEC filing, September 30, 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 |
| Anderson Towne Center | Cincinnati, OH | Retail | $36.7M | 5.28% | May 2028 | 1.90x | 95% | 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 |
| 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.