Office · St. Petersburg, Florida
Cardinal Point at Gateway
Cardinal Point at Gateway is financed with a $10.3M CMBS loan at 4.742% that reaches maturity on August 6, 2028, in 21 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $10,300,000
- Original balance (same notes)
- $10,300,000
- Interest rate
- 4.742% fixed
- Originated
- July 20, 2018
- Maturity
- August 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 5, 2028
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Deutsche Bank AG, New York Branch
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred February 9, 2026
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 10101 9th Street North, St. Petersburg, FL 33716
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 88,447 sq ft
- Built
- 1987, renovated 2018
- Largest tenants
- SalonCentric Inc; L'Oreal USA Inc
- Value at securitization
- $17.7M (Jun 2018)
Performance
| At securitization | Latest (Jun 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.97x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $1.5M |
| Debt yield | 14.3% |
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 2018-B6 MORTGAGE TRUST 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
On the cmbs.news watch list in every report since January 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
- The filing gives Sep 2025 as the lease end date for the largest tenant (SalonCentric Inc), 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 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| August 2026 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| July 2026 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| June 2026 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| May 2026 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| April 2026 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| March 2026 | $10.3M | 90+ days delinquent | Yes | 2.97x | 100% |
| February 2026 | $10.3M | 60-89 days delinquent | No | 2.97x | 100% |
| January 2026 | $10.3M | 30-59 days delinquent | No | 2.97x | 100% |
| December 2025 | $10.3M | Late payment but less than 30 days delinquent | No | 2.97x | 100% |
| November 2025 | $10.3M | Late payment but less than 30 days delinquent | No | 2.97x | 100% |
| October 2025 | $10.3M | Not reported | No | 3.61x | 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.
Special-servicing history
- Transferred to the special servicer February 9, 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 |
|---|---|---|---|---|
| BENCHMARK 2018-B6 MORTGAGE TRUST | 32 | $10,300,000 | Sep 2026 | SEC filing, September 25, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Brandon Mall | Brandon, FL | Retail | $121.0M | 7.62% | Jun 2028 | 2.48x | 79% | Current |
| Hilton Clearwater Beach Resort & Spa | Clearwater Beach, FL | Hotel | $62.6M | 5.13% | Mar 2028 | 3.39x | 78% | Current |
| Hilton Clearwater Beach | Clearwater Beach, FL | Hotel | $51.5M | 5.13% | Mar 2028 | 3.55x | 84% | Current |
| Woodlands Square | Oldsmar, FL | Retail | $42.3M | 4.75% | Nov 2028 | 2.08x | 86% | Current |
| Sprouts Tampa | Tampa, FL | Retail | $11.7M | 5.11% | Sep 2028 | 1.30x | 100% | Current |
| 2425 & 2433 S 86th Street | Tampa, FL | Self storage | $9.5M | 4.91% | Apr 2028 | n/a | n/a | Current |
| 2600 & 2700 South Falkenburg Road | Riverview, FL | Industrial | $9.5M | 5.119% | Sep 2028 | n/a | n/a | Current |
| Tarpon Square | Tarpon Springs, FL | Retail | $9.1M | 4.658% | Jul 2028 | 1.33x | 74% | Current |
All loans maturing in 2028 · All Tampa-St. Petersburg-Clearwater 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.