Industrial · Vandalia, Ohio
Crocs Distribution Center
Crocs Distribution Center is financed with a $22.2M CMBS loan at 4.04% that reaches its anticipated repayment date on October 1, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $22,240,829
- Original balance (same notes)
- $23,000,000
- Interest rate
- 4.04%
- Originated
- September 16, 2019
- Maturity
- September 1, 2030
- Anticipated repayment date
- October 1, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SGFC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 10391 Dog Leg Road, Vandalia, OH 45377
- Metro
- Dayton-Kettering-Beavercreek, OH
- Rentable area
- 555,251 sq ft
- Built
- 2019
- Largest tenants
- Crocs Inc.
- Value at securitization
- $35.8M (Feb 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.52x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | n/a | $2.0M |
| Debt yield | 9.1% |
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 BBCMS Mortgage Trust 2019-C5 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 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $22.2M | Not reported | No | 1.52x | 100% |
| August 2026 | $22.3M | Not reported | No | 1.52x | 100% |
| July 2026 | $22.3M | Not reported | No | 1.78x | 100% |
| June 2026 | $22.3M | Not reported | No | 1.78x | 100% |
| May 2026 | $22.4M | Not reported | No | 1.78x | 100% |
| April 2026 | $22.4M | Not reported | No | 1.78x | 100% |
| March 2026 | $22.4M | Not reported | No | 1.78x | 100% |
| February 2026 | $22.5M | Not reported | No | 1.74x | 100% |
| January 2026 | $22.5M | Not reported | No | 1.74x | 100% |
| December 2025 | $22.5M | Not reported | No | 1.74x | 100% |
| November 2025 | $22.6M | Not reported | No | 1.74x | 100% |
| October 2025 | $22.6M | Not reported | No | 1.68x | 100% |
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 2019-C5 | 18 | $22,240,829 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dayton-Kettering-Beavercreek loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Austin Landing | Miamisburg, OH | Mixed use | $47.6M | 3.98% | Dec 2029 | n/a | n/a | Current |
| Austin Landing Mixed-Use | Miamisburg, OH | Mixed use | $36.9M | 3.98% | Dec 2029 | 3.12x | 96% | Current |
| 1800 Union Airpark Boulevard | Union, OH | Industrial | $34.3M | 2.653% | Nov 2029 | n/a | n/a | Late, less than 30 days |
| IRG Moraine | Moraine, OH | Industrial | $11.9M | 4.76% | May 2029 | n/a | n/a | Current |
| 1501 Experiment Farm Road | Troy, OH | Industrial | $8.1M | 5.30% | Jan 2029 | 1.30x | 100% | Current |
| Hidden Creek Apartments, Dayton | Dayton, OH | Multifamily | $4.8M | 7.78% | Aug 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
All loans maturing in 2029 · All Dayton-Kettering-Beavercreek loans
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.