Retail · Grove City, Ohio
Parkway Centre North
Parkway Centre North is financed with a $15.8M CMBS loan at 4.701% that reaches maturity on July 6, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,772,037
- Original balance (same notes)
- $18,000,000
- Interest rate
- 4.701% fixed
- Originated
- June 28, 2018
- Maturity
- July 6, 2028
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- November 5, 2020
- Prepayment premium ends
- April 5, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1656 Stringtown Road, Grove City, OH 43123
- Metro
- Columbus, OH
- Rentable area
- 142,822 sq ft
- Built
- 2006
- Largest tenants
- Dick's Sporting Goods; Best Buy; Michaels
- Value at securitization
- $26.0M (Jun 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.86x | 2.03x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $2.1M | $2.3M |
| Debt yield | 14.6% |
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 DBGS 2018-C1 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.
What the filing shows
- Net operating income is 10% above the underwritten figure ($2.3M a year against $2.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.86x at securitization to 2.03x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.8M | Current | No | 2.03x | 100% |
| August 2026 | $15.8M | Current | No | 2.03x | 100% |
| July 2026 | $15.8M | Current | No | 2.07x | 100% |
| June 2026 | $15.9M | Current | No | 2.07x | 100% |
| May 2026 | $15.9M | Current | No | 2.07x | 100% |
| April 2026 | $15.9M | Current | No | 1.99x | 100% |
| March 2026 | $16.0M | Current | No | 1.99x | 100% |
| February 2026 | $16.0M | Current | No | 1.99x | 100% |
| January 2026 | $16.0M | Current | No | 2.05x | 100% |
| December 2025 | $16.0M | Current | No | 2.05x | 100% |
| November 2025 | $16.1M | Current | No | 2.05x | 100% |
| October 2025 | $16.1M | Current | No | 2.03x | 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 |
|---|---|---|---|---|
| DBGS 2018-C1 Mortgage Trust | 24 | $15,772,037 | Sep 2026 | SEC filing, October 1, 2026 |
Other Columbus loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sun Center Plaza | Columbus, OH | Retail | $47.5M | 6.97% | Dec 2028 | 1.78x | 99% | Current |
| Carriage Place | Columbus, OH | Retail | $28.3M | 4.91% | Oct 2028 | 1.42x | 97% | Current |
| Alliance Data Systems | Columbus, OH | Office | $26.6M | 4.942% | Aug 2028 | n/a | n/a | Current |
| Fedex Distribution Center, Groveport | Groveport, OH | Industrial | $21.1M | 4.76% | Mar 2028 | 2.34x | 100% | Current |
| 445 Hutchinson | Columbus, OH | Office | $18.2M | 4.94% | Sep 2028 | 1.16x | 75% | Late, less than 30 days |
| North West Square | Columbus, OH | Retail | $14.0M | 4.93% | May 2028 | 2.07x | 98% | Current |
| One Mill Run | Hilliard, OH | Office | $13.6M | 5.269% | Mar 2028 | 0.88x | 56% | Current |
| Embassy Suites - Columbus OH | Columbus, OH | Hotel | $12.5M | 4.44% | Aug 2028 | 2.40x | 66% | 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.