Self storage portfolio, 2 properties · Shaker Heights, Ohio
Compass Self Storage Shaker Heights
This portfolio is financed with a $7.8M CMBS loan at 5.18% that reaches maturity on September 6, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $7,825,085
- Original balance (same notes)
- $8,450,000
- Interest rate
- 5.18% fixed
- Originated
- August 22, 2018
- Maturity
- September 6, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- June 5, 2028
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 16005 Chagrin Boulevard, Shaker Heights, OH 44120
- Metro
- Cleveland, OH
- Value at securitization
- $14.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | n/a | $1.5M |
| Debt yield | 18.7% |
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.
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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Compass Self Storage Shaker Heights | Shaker Heights, OH | Self Storage | 95% | 3.15x |
| Compass Self Storage Grand Prarie | Grand Prairie, TX | Self Storage | 90% | 1.86x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.8M | Late payment but less than 30 days delinquent | No | 3.15x | 95% |
| August 2026 | $7.8M | Late payment but less than 30 days delinquent | No | 3.35x | 95% |
| July 2026 | $7.8M | Late payment but less than 30 days delinquent | No | 3.35x | 80% |
| June 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 3.35x | 80% |
| May 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 3.35x | 80% |
| April 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 3.35x | 80% |
| March 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 3.51x | 84% |
| February 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 2.24x | 87% |
| January 2026 | $7.9M | Late payment but less than 30 days delinquent | No | 2.24x | 87% |
| December 2025 | $7.9M | Late payment but less than 30 days delinquent | No | 2.24x | 87% |
| November 2025 | $7.9M | Late payment but less than 30 days delinquent | No | 2.22x | 85% |
| October 2025 | $7.9M | Not reported | No | 2.22x | 85% |
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 |
|---|---|---|---|---|
| BENCHMARK 2018-B6 MORTGAGE TRUST | 40 | $7,825,085 | Sep 2026 | SEC filing, September 25, 2026 |
Other Cleveland loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Indian Hills Senior Community | Euclid, OH | Multifamily | $49.1M | 5.13% | Sep 2028 | 1.50x | 88% | Current |
| Steelyard Commons | Cleveland, OH | Retail | $39.6M | 4.855% | Apr 2028 | 2.24x | 84% | Current |
| Summit Office Park | Independence, OH | Office | $25.0M | 4.865% | Sep 2028 | 0.79x | 65% | Current |
| Hyatt Regency at the Arcade (Hyatt Regency Cleveland) | Cleveland, OH | Hotel | $25.0M | 7.99% | May 2028 | 1.24x | 63% | Current |
| Cross Creek Apartments | Brunswick, OH | Multifamily | $17.1M | 4.841% | Mar 2028 | n/a | n/a | Late, less than 30 days |
| Baricelli Little Italy | Cleveland, OH | Multifamily | $16.8M | 6.417% | Jan 2028 | 0.82x | 92% | Late, less than 30 days |
| The IMG Building | Cleveland, OH | Office | $16.7M | 5.382% | Mar 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Corporate Plaza, Independence | Independence, OH | Office | $16.3M | 4.57% | Jan 2028 | 2.34x | 96% | Current |
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.