Office · Charlotte, North Carolina
Cambridge Corporate Center
Cambridge Corporate Center is financed with a $42.0M CMBS loan at 5.49% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 30-59 days delinquent.
The loan
- Balance in tracked trusts
- $41,951,760
- Original balance (same notes)
- $43,500,000
- Interest rate
- 5.49% fixed
- Originated
- October 9, 2018
- Maturity
- November 6, 2028
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- August 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- 30-59 days delinquent (code 1)
- Special servicing
- Transferred July 20, 2026
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 10101 Claude Freeman Drive, Charlotte, NC 28262
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Rentable area
- 349,823 sq ft
- Built
- 1990, renovated 2016
- Largest tenants
- General Motors Corporation; Duke Energy Corporation; TTECServices Corporation
- Value at securitization
- $69.2M (Sep 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.01x | 0.77x |
| Occupancy | 97% | 59% |
| Net operating income (annualized from 3 months) | $4.9M | $2.3M |
| Debt yield | 5.5% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Largest tenant's lease ends within 12 months
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 97% when the loan was securitized to 59%.
- Net operating income is 52% below the underwritten figure ($2.3M a year against $4.9M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.01x at securitization to 0.77x on the latest statements.
- At 0.77x, the property's reported NOI does not cover its debt service.
- The filing gives Jul 2027 as the lease end date for the largest tenant (General Motors Corporation), 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 | $42.0M | 30-59 days delinquent | Yes | 0.77x | 59% |
| August 2026 | $42.0M | Late payment but less than 30 days delinquent | Yes | 0.77x | 59% |
| July 2026 | $42.0M | Current | No | 0.77x | 65% |
| June 2026 | $42.0M | Current | No | 0.77x | 65% |
| May 2026 | $42.1M | Current | No | 0.76x | 57% |
| April 2026 | $42.1M | Current | No | 0.76x | 57% |
| March 2026 | $42.2M | Current | No | 0.76x | 57% |
| February 2026 | $42.2M | Current | No | 0.76x | 57% |
| January 2026 | $42.3M | Current | No | 0.76x | 57% |
| December 2025 | $42.3M | Current | No | 0.76x | 57% |
| November 2025 | $42.4M | Current | No | 0.79x | 57% |
| October 2025 | $42.4M | Current | No | 0.79x | 57% |
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 July 20, 2026, still there.
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C6 | 3 | $41,951,760 | Sep 2026 | SEC filing, September 25, 2026 |
Other Charlotte-Concord-Gastonia loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Overlook at Ballantyne | Charlotte, NC | Office | $94.0M | 7.387% | Jun 2028 | 1.49x | 99% | Current |
| Daimler Building | Fort Mill, SC | Office | $21.0M | 4.433% | Feb 2028 | n/a | n/a | Current |
| Christenbury Corners | Concord, NC | Retail | $17.0M | 5.04% | Jul 2028 | 1.03x | 80% | Current |
| Cross Creek Shopping Center, Indian Land | Indian Land, SC | Retail | $17.0M | 4.82% | Apr 2028 | 1.43x | 100% | Current |
| DoubleTree - Charlotte Airport | Charlotte, NC | Hotel | $16.4M | 5.40% | May 2028 | n/a | n/a | Current |
| Tower Place | Charlotte, NC | Retail | $13.9M | 4.79% | Aug 2028 | 2.64x | 98% | Current |
| Home2 Suites By Hilton Charlotte Airport | Charlotte, NC | Hotel | $11.9M | 4.996% | Jul 2028 | 1.60x | 78% | Current |
| Carolina Beverage Group Building | Mooresville, NC | Industrial | $11.1M | 5.03% | Nov 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All Charlotte-Concord-Gastonia loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.