Office · Fairlawn, Ohio
Continental ContiTech
Continental ContiTech is financed with a $13.9M CMBS loan at 4.95% that reaches maturity on April 6, 2028, in 17 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
- $13,917,522
- Original balance (same notes)
- $15,200,000
- Interest rate
- 4.95% fixed
- Originated
- April 2, 2018
- Maturity
- April 6, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- January 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- Rialto Mortgage Finance, LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 703 S. Cleveland Massillon Rd., Fairlawn, OH 44333
- Metro
- Akron, OH
- Rentable area
- 97,845 sq ft
- Built
- 2007
- Largest tenants
- ContiTech USA Inc; Lyondell Bassel
- Value at securitization
- $22.3M (Feb 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.05x | 1.81x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $1.6M | $3.6M |
| Debt yield | 25.5% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C5 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Largest tenant's lease ends within 12 months
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 127% above the underwritten figure ($3.6M a year against $1.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.05x at securitization to 1.81x on the latest statements.
- The filing gives May 2027 as the lease end date for the largest tenant (ContiTech USA 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 | $13.9M | Late payment but less than 30 days delinquent | No | 1.81x | 100% |
| August 2026 | $13.9M | Current | No | 1.81x | 100% |
| July 2026 | $14.0M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| June 2026 | $14.0M | Current | No | n/a | n/a |
| May 2026 | $14.0M | Current | No | n/a | n/a |
| April 2026 | $14.0M | Current | No | 1.81x | 100% |
| March 2026 | $14.0M | Current | No | 1.75x | 100% |
| February 2026 | $14.1M | Current | No | 1.75x | 100% |
| January 2026 | $14.1M | Current | No | 1.75x | 100% |
| December 2025 | $14.1M | Current | No | 1.75x | 100% |
| November 2025 | $14.1M | Current | No | 1.75x | 100% |
| October 2025 | $14.1M | 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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C5 | 18 | $13,917,522 | Sep 2026 | SEC filing, September 25, 2026 |
Other Akron loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Signet Jewelers Expansion | Akron, OH | Office | $17.3M | 4.69% | Jan 2028 | n/a | n/a | Current |
| 345 Flats | Kent, OH | Multifamily | $12.3M | 5.191% | Dec 2028 | n/a | n/a | With the special servicer and 30-59 days delinquent |
| Marketplace at Four Corners Phase II | Aurora, OH | Retail | $9.8M | 5.418% | Mar 2028 | 0.95x | 84% | Current |
| All Seasons Mobile Home Park | Deerfield, OH | Manufactured housing | $5.4M | 5.84% | Feb 2028 | 1.61x | 98% | 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.