Retail · Pickerington, Ohio
Hill Road Plaza
Hill Road Plaza is financed with a $7.8M CMBS loan at 7.52% that reaches maturity on March 6, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,752,671
- Original balance (same notes)
- $7,920,000
- Interest rate
- 7.52% fixed
- Originated
- February 9, 2024
- Maturity
- March 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 5, 2026
- Prepayment premium ends
- November 5, 2028 (yield maintenance)
- Master servicer
- KeyBank National Association
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1111-1221 Hill Road North, Pickerington, OH 43147
- Metro
- Columbus, OH
- Rentable area
- 90,040 sq ft
- Built
- 1989, renovated 2011
- Largest tenants
- HOME BUYS; PLANET FITNESS; SCRAMBLER MARIE'S
- Value at securitization
- $11.0M (Oct 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.37x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $911K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2024-5C25 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 | $7.8M | Current | No | n/a | n/a |
| August 2026 | $7.8M | Current | No | n/a | n/a |
| July 2026 | $7.8M | Current | No | n/a | n/a |
| June 2026 | $7.8M | Current | No | n/a | n/a |
| May 2026 | $7.8M | Current | No | n/a | n/a |
| April 2026 | $7.8M | Current | No | 1.42x | 61% |
| March 2026 | $7.8M | Current | No | 1.47x | 61% |
| February 2026 | $7.8M | Current | No | 1.47x | 61% |
| January 2026 | $7.8M | Current | No | 1.47x | 61% |
| December 2025 | $7.8M | Current | No | 1.47x | 61% |
| November 2025 | $7.8M | Current | No | 1.48x | 100% |
| October 2025 | $7.8M | Current | No | 1.32x | 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 2024-5C25 | 30 | $7,752,671 | Sep 2026 | SEC filing, September 29, 2026 |
Other Columbus loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Columbus Business Park | Columbus, OH | Industrial | $62.0M | 7.04% | May 2029 | 2.48x | 59% | Current |
| 80 on the Commons | Columbus, OH | Mixed use | $47.3M | 2.95% | Nov 2029 | 3.34x | n/a | Current |
| AC Marriott Bridge Park | Dublin, OH | Hotel | $39.4M | 8.28% | May 2029 | 1.60x | 79% | Current |
| Northwoods Apartments | Columbus, OH | Multifamily | $34.8M | 6.20% | Aug 2029 | n/a | n/a | Current |
| The Lincoln | Columbus, OH | Office | $34.1M | 4.24% | Nov 2029 | n/a | n/a | Current |
| Jefferson Grove | Blacklick, OH | Multifamily | $13.9M | 4.95% | Feb 2029 | 1.83x | 97% | Current |
| 223 East Town Street Apartments | Columbus, OH | Multifamily | $13.6M | 4.934% | Mar 2029 | 1.13x | 93% | Current |
| Crescent Ridge | Grove City, OH | Multifamily | $11.5M | 4.11% | Jun 2029 | 1.97x | 95% | 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.