Office · Erlanger, Kentucky
Dolwick Business Center
Dolwick Business Center is financed with a $22.1M CMBS loan at 4.744% that reaches maturity on May 6, 2028, in 18 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $22,122,587
- Original balance (same notes)
- $26,000,000
- Interest rate
- 4.744% fixed
- Originated
- May 4, 2018
- Maturity
- May 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- February 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1350-1360 Dolwick Drive, Erlanger, KY 41018
- Metro
- Cincinnati, OH-KY-IN
- Rentable area
- 225,783 sq ft
- Built
- 1983, renovated 2005
- Largest tenants
- Saint Elizabeth Heal; The Gap Inc; TOYOTA BOSHOKU America Inc
- Value at securitization
- $36.5M (Mar 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.74x | 1.73x |
| Occupancy | 100% | 85% |
| Net operating income (annualized from 6 months) | $2.8M | $2.8M |
| Debt yield | 12.8% |
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 GS Mortgage Securities Trust 2018-GS10 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Occupancy down 10 points or more from securitization
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
- Occupancy has fallen from 100% when the loan was securitized to 85%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $22.1M | Current | No | 1.73x | 85% |
| September 2026 | $22.2M | Current | No | 1.73x | 85% |
| August 2026 | $22.2M | Current | No | 1.73x | 85% |
| July 2026 | $22.3M | Current | No | 1.73x | 85% |
| June 2026 | $22.3M | Current | No | 1.73x | 85% |
| May 2026 | $22.4M | Current | No | 1.59x | 85% |
| April 2026 | $22.4M | Current | No | 1.59x | 85% |
| March 2026 | $22.4M | Current | No | 1.59x | 85% |
| February 2026 | $22.5M | Current | No | 1.57x | 85% |
| January 2026 | $22.5M | Current | No | 1.57x | 85% |
| December 2025 | $22.6M | Current | No | 1.57x | 85% |
| November 2025 | $22.6M | Current | No | 1.50x | 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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2018-GS10 | 12 | $22,122,587 | Oct 2026 | SEC filing, October 22, 2026 |
Other Cincinnati 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 |
| Anderson Towne Center | Cincinnati, OH | Retail | $36.7M | 5.28% | May 2028 | 1.90x | 95% | Current |
| Waterstone Center | Cincinnati, OH | Retail | $20.9M | 7.34% | Oct 2028 | 1.66x | 98% | Current |
| 32 East Shopping Center | Cincinnati, OH | Retail | $18.6M | 4.62% | Feb 2028 | 2.05x | 100% | Current |
| Belcan Headquarters | Blue Ash, OH | Office | $15.9M | 3.871% | Nov 2028 | n/a | n/a | Current |
| Linden Pointe | Cincinnati, OH | Mixed use | $13.5M | 5.32% | Sep 2028 | n/a | n/a | Current |
| Batavia Founders | Batavia, OH | Industrial | $10.3M | 5.49% | Oct 2028 | 1.63x | 88% | Current |
| Kohl's - Florence KY | Florence, KY | Retail | $6.4M | 5.10% | Oct 2028 | 1.37x | 100% | 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.