Retail · Willoughby, Ohio
Lakewest Plaza
Lakewest Plaza is financed with a $2.7M CMBS loan at 5.15% that reaches maturity on September 6, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,670,614
- Original balance (same notes)
- $3,150,000
- Interest rate
- 5.15% fixed
- Originated
- August 22, 2017
- Maturity
- September 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 5, 2027
- Master servicer
- Midland Loan Services
- Originator
- Cantor Commercial Real Estate
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 35535 Euclid Avenue, Willoughby, OH 44094
- Metro
- Cleveland, OH
- Rentable area
- 20,539 sq ft
- Built
- 1986, renovated 2012
- Largest tenants
- Dunkin Donuts; Panda Chinese; Coco's Loco's
- Value at securitization
- $4.5M (Apr 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.49x | 1.40x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $309K | $583K |
| Debt yield | 21.8% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C4 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Matures within 12 months
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 89% above the underwritten figure ($583K a year against $309K; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.7M | Current | No | 1.40x | 100% |
| August 2026 | $2.7M | Current | No | 1.40x | 100% |
| July 2026 | $2.7M | Current | No | 1.27x | 100% |
| June 2026 | $2.7M | Current | No | 1.27x | 100% |
| May 2026 | $2.7M | Current | No | n/a | n/a |
| April 2026 | $2.7M | Current | No | 1.48x | 100% |
| March 2026 | $2.7M | Current | No | 1.48x | 100% |
| February 2026 | $2.7M | Current | No | 1.48x | 100% |
| January 2026 | $2.7M | Current | No | 1.54x | 100% |
| December 2025 | $2.7M | Current | No | 1.54x | 100% |
| November 2025 | $2.7M | Current | No | 1.54x | 100% |
| October 2025 | $2.7M | Current | No | 1.54x | 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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C4 | 53 | $2,670,614 | Sep 2026 | SEC filing, September 25, 2026 |
Other Cleveland loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Key Center Cleveland | Cleveland, OH | Mixed use | $157.3M | 5.31% | Feb 2027 | 1.84x | 89% | With the special servicer |
| One Cleveland Center | Cleveland, OH | Office | $49.9M | 5.30% | Nov 2027 | 1.11x | 69% | With the special servicer |
| HBP Euclid | Euclid, OH | Industrial | $37.5M | 4.66% | Aug 2027 | n/a | n/a | Current |
| Key Center | Cleveland, OH | Office | $25.0M | 5.31% | Feb 2027 | 1.85x | 89% | With the special servicer and 30-59 days delinquent |
| Freedom Square II | Independence, OH | Office | $24.0M | 4.15% | Nov 2027 | n/a | n/a | Current |
| Flats East Bank Phase I | Cleveland, OH | Mixed use | $20.6M | 5.885% | Apr 2027 | 0.49x | 54% | With the special servicer |
| Crocker Block K & Detroit | Westlake, OH | Retail | $13.1M | 4.71% | Nov 2027 | n/a | n/a | Current |
| Northern Ohio Industrial Park | Elyria, OH | Industrial | $9.2M | 4.487% | Nov 2027 | 3.22x | 88% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.