Retail · Columbus, Ohio
Carriage Place
Public CMBS trusts hold $28.3M of the loan on Carriage Place at 4.91% that reaches maturity on October 1, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $28,291,174
- Original balance (same notes)
- $30,667,500
- Interest rate
- 4.91% fixed
- Originated
- September 11, 2018
- Maturity
- October 1, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- June 30, 2028
- Master servicer
- Trimont LLC
- Originator
- Bank of America, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2500-2750 Bethel Road & 4810-4860 Sawmill Road, Columbus, OH 43220
- Metro
- Columbus, OH
- Rentable area
- 296,620 sq ft
- Built
- 1989, renovated 2017
- Largest tenants
- Wal-Mart; Fun City Adventure Park; Music Go Round
- Value at securitization
- $45.6M (Jul 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.61x | 1.42x |
| Occupancy | 90% | 97% |
| Net operating income (annualized from 6 months) | $3.1M | $2.8M |
| Debt yield | 9.9% |
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 2018-BNK15 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
What the filing shows
- Occupancy has risen from 90% when the loan was securitized to 97%.
- Net operating income is 11% below the underwritten figure ($2.8M a year against $3.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.61x at securitization to 1.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.3M | Current | No | 1.42x | 97% |
| August 2026 | $28.3M | Current | No | 1.31x | 95% |
| July 2026 | $19.1M | Current | No | 1.31x | 95% |
| June 2026 | $28.4M | Current | No | 1.31x | 95% |
| May 2026 | $28.5M | Current | No | 1.31x | 95% |
| April 2026 | $23.9M | Current | No | 1.97x | 69% |
| March 2026 | $28.6M | Current | No | 1.31x | 95% |
| February 2026 | $28.6M | Current | No | 1.58x | 95% |
| January 2026 | $28.7M | Current | No | 1.58x | 95% |
| December 2025 | $28.7M | Current | No | 1.58x | 95% |
| November 2025 | $28.7M | Current | No | 1.49x | 98% |
| October 2025 | $28.8M | Current | No | 1.49x | 98% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2019-BNK16 | 15 | $19,066,042 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK15 | 29 | $9,225,132 | Sep 2026 | SEC filing, September 29, 2026 |
Other Columbus loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sun Center Plaza | Columbus, OH | Retail | $47.5M | 6.97% | Dec 2028 | 1.78x | 99% | Current |
| Alliance Data Systems | Columbus, OH | Office | $26.6M | 4.942% | Aug 2028 | n/a | n/a | Current |
| Fedex Distribution Center, Groveport | Groveport, OH | Industrial | $21.1M | 4.76% | Mar 2028 | 2.34x | 100% | Current |
| 445 Hutchinson | Columbus, OH | Office | $18.2M | 4.94% | Sep 2028 | 1.16x | 75% | Late, less than 30 days |
| Parkway Centre North | Grove City, OH | Retail | $15.8M | 4.701% | Jul 2028 | 2.03x | 100% | Current |
| North West Square | Columbus, OH | Retail | $14.0M | 4.93% | May 2028 | 2.07x | 98% | Current |
| One Mill Run | Hilliard, OH | Office | $13.6M | 5.269% | Mar 2028 | 0.88x | 56% | Current |
| Embassy Suites - Columbus OH | Columbus, OH | Hotel | $12.5M | 4.44% | Aug 2028 | 2.40x | 66% | 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.