Retail portfolio, 4 properties · Cleveland, Ohio
CVS Parma
This portfolio is financed with a $11.8M CMBS loan at 4.90% that reaches maturity on July 6, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,842,438
- Original balance (same notes)
- $12,900,000
- Interest rate
- 4.90% fixed
- Originated
- July 3, 2019
- Maturity
- July 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- August 5, 2020
- Prepayment premium ends
- April 5, 2029 (yield maintenance)
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2007 Brookpark Road, Cleveland, OH 44109
- Metro
- Cleveland, OH
- Value at securitization
- $19.9M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $1.1M | $2.2M |
| Debt yield | 18.5% |
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 CSAIL 2019-C17 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 94% above the underwritten figure ($2.2M a year against $1.1M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| CVS Parma | Cleveland, OH | Retail | 100% | 1.32x |
| Walgreens Jacksonville | Jacksonville, IL | Retail | n/a | n/a |
| Walgreens Suwanee | Suwanee, GA | Retail | n/a | n/a |
| Walgreens Galesburg | Galesburg, IL | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.8M | Current | No | 1.32x | 100% |
| August 2026 | $11.9M | Current | No | 1.32x | 100% |
| July 2026 | $11.9M | Current | No | 1.34x | 100% |
| June 2026 | $11.9M | Current | No | 1.34x | 100% |
| May 2026 | $11.9M | Current | No | 1.34x | 100% |
| April 2026 | $11.9M | Current | No | 1.33x | 100% |
| March 2026 | $12.0M | Current | No | 1.33x | 100% |
| February 2026 | $12.0M | Current | No | 1.33x | 100% |
| January 2026 | $12.0M | Current | No | 1.33x | 100% |
| December 2025 | $12.0M | Current | No | 1.33x | 100% |
| November 2025 | $12.0M | Current | No | 1.33x | 100% |
| October 2025 | $12.1M | Current | No | 1.36x | 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 |
|---|---|---|---|---|
| CSAIL 2019-C17 Commercial Mortgage Trust | 25 | $11,842,438 | Sep 2026 | SEC filing, September 28, 2026 |
Other Cleveland loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 16625 Granite Road | Maple Heights, OH | Office | $82.8M | 3.78% | Aug 2029 | n/a | n/a | Current |
| Van Aken District | Shaker Heights, OH | Mixed use | $53.5M | 3.60% | Dec 2029 | 1.74x | 84% | Current |
| Euclid Apartments | Euclid, OH | Multifamily | $53.0M | 7.06% | Feb 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Welleon | Cleveland, OH | Multifamily | $44.6M | 6.23% | Dec 2029 | 1.19x | 94% | Current |
| Us Bank Centre | Cleveland, OH | Office | $31.5M | 5.044% | Jan 2029 | 0.94x | 74% | With the special servicer and 90+ days delinquent |
| Solon Park Apartments | Solon, OH | Multifamily | $28.0M | 6.67% | Jul 2029 | 1.29x | 90% | Current |
| Fifth Third Center | Cleveland, OH | Office | $27.5M | 7.257% | Dec 2029 | 3.00x | 74% | Current |
| Center North | Lakewood, OH | Multifamily | $24.7M | 4.80% | Jun 2029 | 1.21x | 98% | 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.