Industrial portfolio, 2 properties · Marion, Ohio
Marion Property
Public CMBS trusts hold $25.0M of the loan on this portfolio at 6.82% that reaches maturity on August 6, 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
- $25,000,000
- Original balance (same notes)
- $25,000,000
- Interest rate
- 6.82% fixed
- Originated
- August 4, 2026
- Maturity
- August 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2028
- Prepayment premium ends
- February 5, 2031 (yield maintenance)
- Master servicer
- Midland
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2509 West Marion-Williamsport Road, Marion, OH 43302
- Value at securitization
- $120.2M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | n/a |
Watch flags
Computed from the Benchmark 2026-V23 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Marion Property | Marion, OH | Warehouse | n/a | n/a |
| Whirlpool | Greenville, OH | Warehouse | n/a | n/a |
The last 2 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $25.0M | Current | No | n/a | n/a |
| August 2026 | $25.0M | Payment not received but still in grace period or not yet due | 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 |
|---|---|---|---|---|
| Benchmark 2026-V23 Mortgage Trust | 12 | $25,000,000 | Sep 2026 | SEC filing, October 1, 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.