Retail · Zanesville, Ohio
Colony Square Outparcels
Colony Square Outparcels is financed with a $3.6M CMBS loan at 5.19% that reaches maturity on December 6, 2028, in 2 years and 1 month. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $3,578,075
- Original balance (same notes)
- $4,100,000
- Interest rate
- 5.19% fixed
- Originated
- November 28, 2018
- Maturity
- December 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3545, 3557, 3573 3581 Maple Avenue 1327 Brandywine Boulevard, Zanesville, OH 43701
- Rentable area
- 24,012 sq ft
- Built
- 1985, renovated 2014
- Largest tenants
- Mavis Discount Tire Store #4367; Longhorn Steakhouse; Roosters Restaurant
- Value at securitization
- $5.8M (Apr 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.45x | 1.64x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $391K | $891K |
| Debt yield | 24.9% |
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 JPMCC Commercial Mortgage Securities Trust 2019-COR4 filing for the reporting period ending October 6, 2026, filed with the SEC October 21, 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
- Net operating income is 128% above the underwritten figure ($891K a year against $391K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.45x at securitization to 1.64x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $3.6M | Current | No | 1.64x | 100% |
| September 2026 | $3.6M | Current | No | 1.64x | 100% |
| August 2026 | $3.6M | Current | No | 1.64x | 100% |
| July 2026 | $3.6M | Current | No | n/a | n/a |
| June 2026 | $3.6M | Current | No | n/a | n/a |
| May 2026 | $3.6M | Current | No | n/a | n/a |
| April 2026 | $3.6M | Current | No | 1.70x | 100% |
| March 2026 | $3.6M | Current | No | 1.70x | 100% |
| February 2026 | $3.6M | Current | No | 1.70x | 100% |
| January 2026 | $3.6M | Current | No | 1.70x | 100% |
| December 2025 | $3.6M | Current | No | 1.70x | 100% |
| November 2025 | $3.7M | 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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR4 | 37 | $3,578,075 | Oct 2026 | SEC filing, October 21, 2026 |
Other Ohio loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Atrium Two | Cincinnati, OH | Office | $49.5M | 5.059% | Dec 2028 | 1.54x | 78% | Current |
| Indian Hills Senior Community | Euclid, OH | Multifamily | $49.1M | 5.13% | Sep 2028 | 1.50x | 88% | Current |
| Sun Center Plaza | Columbus, OH | Retail | $47.5M | 6.97% | Dec 2028 | 1.78x | 99% | Current |
| Steelyard Commons | Cleveland, OH | Retail | $39.6M | 4.855% | Apr 2028 | 2.24x | 84% | Current |
| Anderson Towne Center | Cincinnati, OH | Retail | $36.7M | 5.28% | May 2028 | 1.90x | 95% | Current |
| Carriage Place | Columbus, OH | Retail | $28.3M | 4.91% | Oct 2028 | 1.42x | 97% | Current |
| Alliance Data Systems | Columbus, OH | Office | $26.6M | 4.942% | Aug 2028 | n/a | n/a | Current |
| Summit Office Park | Independence, OH | Office | $25.0M | 4.865% | Sep 2028 | 0.79x | 65% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.