Office portfolio, 4 properties · Ohio
Bradenton Cascade Office Portfolio
This portfolio is financed with a $9.0M CMBS loan at 4.014% that reaches maturity on December 11, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,970,038
- Original balance (same notes)
- $10,300,000
- Interest rate
- 4.014% fixed
- Originated
- December 11, 2019
- Maturity
- December 11, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Value at securitization
- $14.4M
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.01x | 1.18x |
| Occupancy | 83% | 70% |
| Net operating income (annualized from 3 months) | $1.2M | $707K |
| Debt yield | 7.9% |
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 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% 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 83% when the loan was securitized to 70%.
- Net operating income is 40% below the underwritten figure ($707K a year against $1.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.01x at securitization to 1.18x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.0M | Current | No | 1.18x | 70% |
| August 2026 | $9.0M | Current | No | 1.18x | 70% |
| July 2026 | $9.0M | Current | No | 1.58x | 74% |
| June 2026 | $9.0M | Current | No | 1.58x | 74% |
| May 2026 | $9.0M | Current | No | 1.58x | 74% |
| April 2026 | $9.1M | Current | No | 1.55x | 67% |
| March 2026 | $9.1M | Current | No | 1.55x | 67% |
| February 2026 | $9.1M | Current | No | 1.55x | 67% |
| January 2026 | $9.1M | Current | No | 1.55x | 67% |
| December 2025 | $9.1M | Current | No | 1.53x | 67% |
| November 2025 | $9.2M | Current | No | 1.53x | 67% |
| October 2025 | $9.2M | Current | No | 1.53x | 67% |
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 |
|---|---|---|---|---|
| BANK 2020-BNK26 | 32 | $8,970,038 | Sep 2026 | SEC filing, October 1, 2026 |
Other Ohio loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kenwood Towne Centre | Cincinnati, OH | Retail | $260.0M | 6.271% | Mar 2029 | n/a | n/a | Current |
| 16625 Granite Road | Maple Heights, OH | Office | $82.8M | 3.78% | Aug 2029 | n/a | n/a | Current |
| Columbus Business Park | Columbus, OH | Industrial | $62.0M | 7.04% | May 2029 | 2.48x | 59% | Current |
| Van Aken District | Shaker Heights, OH | Mixed use | $53.5M | 3.60% | Dec 2029 | 1.74x | 84% | Current |
| Euclid Apartments | Euclid, OH | Multifamily | $53.0M | 7.06% | Feb 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Austin Landing | Miamisburg, OH | Mixed use | $47.6M | 3.98% | Dec 2029 | n/a | n/a | Current |
| 80 on the Commons | Columbus, OH | Mixed use | $47.3M | 2.95% | Nov 2029 | 3.34x | n/a | Current |
| Welleon | Cleveland, OH | Multifamily | $44.6M | 6.23% | Dec 2029 | 1.19x | 94% | 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.