Self storage · Findlay, Ohio
Load & Lock Mini Storage
Load & Lock Mini Storage is financed with a $2.1M CMBS loan at 3.845% that reaches maturity on August 1, 2031, in 4 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,083,310
- Original balance (same notes)
- $2,306,000
- Interest rate
- 3.845% fixed
- Originated
- July 8, 2021
- Maturity
- August 1, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 30, 2031
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 13505 State Route 68, Findlay, OH 45840
- Rentable area
- 47,600 sq ft
- Units, rooms or beds
- 307
- Built
- 1997, renovated 2017
- Value at securitization
- $3.1M (Dec 2020)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.88x | 2.08x |
| Occupancy | 100% | 100% |
| Net operating income | $243K | $270K |
| Debt yield | 13.0% |
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 BANK 2021-BNK36 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.
What the filing shows
- Net operating income is 11% above the underwritten figure ($270K a year against $243K).
- Debt service coverage moved from 1.88x at securitization to 2.08x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.1M | Current | No | 2.08x | 100% |
| August 2026 | $2.1M | Current | No | 2.08x | 100% |
| July 2026 | $2.1M | Current | No | 2.08x | 100% |
| June 2026 | $2.1M | Current | No | 2.08x | 100% |
| May 2026 | $2.1M | Current | No | 2.08x | 100% |
| April 2026 | $2.1M | Current | No | 2.08x | 100% |
| March 2026 | $2.1M | Current | No | 2.06x | 100% |
| February 2026 | $2.1M | Current | No | 2.06x | 100% |
| January 2026 | $2.1M | Current | No | 2.06x | 100% |
| December 2025 | $2.1M | Current | No | 2.06x | 100% |
| November 2025 | $2.1M | Current | No | 2.06x | 100% |
| October 2025 | $2.1M | Current | No | 2.06x | 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 |
|---|---|---|---|---|
| BANK 2021-BNK36 | 80 | $2,083,310 | Sep 2026 | SEC filing, September 29, 2026 |
Other Ohio loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Fortune 7 Leased Campus | Columbus, OH | Office | $78.0M | 2.90% | May 2031 | 3.62x | 100% | Current |
| Summit Mall | Fairlawn, OH | Retail | $60.0M | 7.281% | Sep 2031 | n/a | n/a | Current |
| 9885 Innovation Campus | New Albany, OH | Industrial | $57.9M | 6.345% | Feb 2031 | n/a | 100% | Current |
| Harbourtown | Vermilion, OH | Manufactured housing | $54.0M | 5.45% | Mar 2031 | n/a | n/a | Current |
| Midtown Towers | Parma, OH | Multifamily | $47.5M | 5.91% | Sep 2031 | n/a | n/a | Current |
| 175 Progress Place | Springdale, OH | Office | $42.2M | 3.82% | Apr 2031 | 2.63x | 92% | Current |
| Westchester Apartments | Austintown, OH | Multifamily | $38.0M | 6.85% | May 2031 | n/a | n/a | Current |
| City Line Cincinnati Pool B | OH | Self storage | $27.2M | 6.471% | Jul 2031 | n/a | n/a | 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.