Industrial · Glenwillow, Ohio
GED Integrated Solutions
GED Integrated Solutions is financed with a $8.6M CMBS loan at 4.95% that reaches its anticipated repayment date on March 6, 2028, in 16 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,598,332
- Original balance (same notes)
- $10,400,000
- Interest rate
- 4.95% fixed
- Originated
- February 16, 2018
- Maturity
- March 6, 2028
- Anticipated repayment date
- March 6, 2028 (the rate steps up if the loan is not repaid by then)
- Payments
- Amortizing over 28 years
- Prepayment lockout ended
- May 5, 2020
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 31100 Diamond Parkway, Glenwillow, OH 44139
- Metro
- Cleveland, OH
- Rentable area
- 133,409 sq ft
- Built
- 2017
- Largest tenants
- GED Integrated Solutions, Inc.
- Value at securitization
- $17.5M (Dec 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.39x | 1.81x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $966K | $2.5M |
| Debt yield | 29.4% |
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 2018-CX11 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 161% above the underwritten figure ($2.5M a year against $966K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.39x at securitization to 1.81x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.6M | Current | No | 1.81x | 100% |
| August 2026 | $8.6M | Current | No | n/a | n/a |
| July 2026 | $8.6M | Current | No | n/a | n/a |
| June 2026 | $8.7M | Current | No | n/a | n/a |
| May 2026 | $8.7M | Current | No | n/a | n/a |
| April 2026 | $8.7M | Current | No | 1.75x | 100% |
| March 2026 | $8.7M | Current | No | 1.75x | 100% |
| February 2026 | $8.7M | Current | No | 1.75x | 100% |
| January 2026 | $8.8M | Current | No | 1.75x | 100% |
| December 2025 | $8.8M | Current | No | 1.75x | 100% |
| November 2025 | $8.8M | Current | No | n/a | n/a |
| October 2025 | $8.8M | 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 |
|---|---|---|---|---|
| CSAIL 2018-CX11 Commercial Mortgage Trust | 33 | $8,598,332 | Sep 2026 | SEC filing, September 28, 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 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.