Hotel · Independence, Ohio
Cleveland Dual Brand Hotel
Cleveland Dual Brand Hotel is financed with a $20.9M CMBS loan at 8.31% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $20,906,203
- Original balance (same notes)
- $21,000,000
- Interest rate
- 8.31% fixed
- Originated
- December 23, 2025
- Maturity
- January 6, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 5, 2030
- Master servicer
- Midland
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 6001 Rockside Road 6125 Rockside Place, Independence, OH 44131
- Metro
- Cleveland, OH
- Units, rooms or beds
- 345
- Built
- 1974, renovated 2024
- Value at securitization
- $31.0M (Oct 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.76x | n/a |
| Occupancy | 57% | n/a |
| Net operating income | $3.4M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2026-5C40 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.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.9M | Current | No | n/a | n/a |
| August 2026 | $20.9M | Current | No | n/a | n/a |
| July 2026 | $20.9M | Current | No | n/a | n/a |
| June 2026 | $20.9M | Current | No | n/a | n/a |
| May 2026 | $20.9M | Current | No | n/a | n/a |
| April 2026 | $21.0M | Current | No | n/a | n/a |
| March 2026 | $21.0M | Current | No | n/a | n/a |
| February 2026 | $21.0M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2026-5C40 | 14 | $20,906,203 | Sep 2026 | SEC filing, September 29, 2026 |
Other Cleveland loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Midtown Towers | Parma, OH | Multifamily | $47.5M | 5.91% | Sep 2031 | n/a | n/a | Current |
| 1010 Building and Heinens Rotunda Building | Cleveland, OH | Mixed use | $22.2M | 4.68% | Jul 2031 | 0.95x | 89% | Current |
| The Westbury Apartments | North Olmsted, OH | Multifamily | $18.5M | 6.45% | Sep 2031 | n/a | n/a | Current |
| 23000 Millcreek Boulevard | Highland Hills, OH | Office | $17.0M | 2.70% | Jan 2031 | 4.12x | 90% | Current |
| 32 West Apartments | Cleveland, OH | Multifamily | $10.4M | 7.049% | Apr 2031 | n/a | n/a | Current |
| Holiday Inn Mentor Ohio | OH | Hotel | $10.0M | 7.71% | Aug 2031 | n/a | n/a | Current |
| Beachwood Office Park | Beachwood, OH | Office | $5.5M | 4.09% | Jul 2031 | 2.54x | 98% | Current |
| Pinebrook Apartments | Lorain, OH | Multifamily | $4.5M | 3.15% | Sep 2031 | 5.98x | 90% | 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.