Office · Cleveland Hts, Ohio
North Point Tower
Public CMBS trusts hold $86.4M of the loan on North Point Tower at 3.30% that reached maturity on September 6, 2024, 25 months ago. As of the Sep 2026 and Oct 2026 servicer reports its status is with the special servicer.
The loan
- Balance in tracked trusts
- $86,400,000
- Original balance (same notes)
- $90,500,000
- Interest rate
- 3.30% fixed
- Originated
- August 9, 2019
- Maturity
- September 6, 2024
- Payments
- Interest only for the full term
- Prepayment lockout ended
- May 5, 2024
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred September 12, 2024
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 901 & 1001 Lakeside Ave E 1111 East Ninth St, Cleveland Hts, OH 44114
- Metro
- Cleveland, OH
- Rentable area
- 873,846 sq ft
- Built
- 1985, renovated 2019
- Largest tenants
- Jones Day; United States of America; Ernst & Young U.S. LLP
- Value at securitization
- $145.3M (Jul 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.37x | n/a |
| Occupancy | 80% | n/a |
| Net operating income | $10.2M | n/a |
Watch flags
Computed from the GS Mortgage Securities Trust 2019-GC42 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- With the special servicer
- Past maturity
On the cmbs.news watch list in all 12 monthly reports we hold (November 2025 to October 2026).
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
- The most recent valuation in the filing is $79.2M (April 28, 2026), against $145.3M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $62.5M | Current | Yes | n/a | n/a |
| September 2026 | $86.4M | Performing matured balloon | Yes | n/a | n/a |
| August 2026 | $86.4M | Performing matured balloon | Yes | n/a | n/a |
| July 2026 | $86.4M | Non performing matured balloon | Yes | n/a | n/a |
| June 2026 | $86.4M | Performing matured balloon | Yes | n/a | n/a |
| May 2026 | $87.4M | Performing matured balloon | Yes | n/a | n/a |
| April 2026 | $87.4M | Performing matured balloon | Yes | 3.09x | 80% |
| March 2026 | $87.4M | Performing matured balloon | Yes | 3.09x | 80% |
| February 2026 | $87.4M | Performing matured balloon | Yes | 3.09x | 80% |
| January 2026 | $88.9M | Non performing matured balloon | Yes | 3.09x | 80% |
| December 2025 | $90.1M | Performing matured balloon | Yes | 3.09x | 80% |
| November 2025 | $90.5M | Non performing matured balloon | Yes | 3.09x | 80% |
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.
Special-servicing history
- Transferred to the special servicer September 12, 2024, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GC42 | 2 | $62,477,348 | Oct 2026 | SEC filing, October 22, 2026 |
| Benchmark 2019-B13 Mortgage Trust | 15 | $23,922,652 | Sep 2026 | SEC filing, October 1, 2026 |
Other Cleveland loans due in 2024
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kohl's Highland Heights | Highland Heights, OH | Retail | $10.1M | 4.90% | Oct 2024 | 1.73x | 100% | With the special servicer |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 11, 2026, October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.