Industrial · Chicago Heights, Illinois
RelaDyne Industrial
RelaDyne Industrial is financed with a $7.2M CMBS loan at 3.475% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,150,000
- Original balance (same notes)
- $7,150,000
- Interest rate
- 3.475% fixed
- Originated
- December 10, 2020
- Maturity
- January 6, 2031
- Payments
- Interest only for 85 months, then amortizing
- Prepayment lockout ended
- January 5, 2023
- Prepayment premium ends
- September 5, 2030 (yield maintenance)
- Master servicer
- Midland
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 290 E. Joe Orr Road, Chicago Heights, IL 60411
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 184,530 sq ft
- Built
- 1972, renovated 2019
- Largest tenants
- RelaDyne
- Value at securitization
- $11.0M (Oct 2020)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.82x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $697K | n/a |
Watch flags
Computed from the Benchmark 2020-B22 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.2M | Current | No | n/a | n/a |
| August 2026 | $7.2M | Current | No | n/a | n/a |
| July 2026 | $7.2M | Current | No | n/a | n/a |
| June 2026 | $7.2M | Current | No | n/a | n/a |
| May 2026 | $7.2M | Current | No | n/a | n/a |
| April 2026 | $7.2M | Current | No | 2.63x | 100% |
| March 2026 | $7.2M | Current | No | 2.63x | 100% |
| February 2026 | $7.2M | Current | No | 2.63x | 100% |
| January 2026 | $7.2M | Current | No | 2.63x | 100% |
| December 2025 | $7.2M | Current | No | 2.63x | 100% |
| November 2025 | $7.2M | Current | No | 2.63x | 100% |
| October 2025 | $7.2M | Current | No | 2.63x | 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 |
|---|---|---|---|---|
| Benchmark 2020-B22 Mortgage Trust | 27 | $7,150,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Chicago-Naperville-Elgin loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One North Wacker | Chicago, IL | Office | $353.0M | 2.719% | Oct 2031 | 4.16x | 91% | Current |
| Harvard | Havard, IL | Industrial | $81.0M | 3.716% | Mar 2031 | n/a | n/a | Current |
| The Leo | Chicago, IL | Multifamily | $65.0M | 5.85% | Jun 2031 | n/a | n/a | Current |
| Meadowcreek | Melrose Park, IL | Manufactured housing | $60.0M | 5.98% | Apr 2031 | n/a | n/a | Current |
| Willow Glen | Willow Springs, IL | Multifamily | $58.0M | 6.263% | Jan 2031 | 1.06x | 94% | Current |
| Food4Less - Chicago Heights | Chicago Heights, IL | Retail | $47.0M | 3.165% | Jul 2031 | n/a | n/a | Current |
| Somerset I | Alsip, IL | Multifamily | $42.5M | 3.78% | Dec 2031 | n/a | n/a | With the special servicer |
| Mason Multifamily Portfolio | DeKalb, IL | Multifamily | $36.9M | 3.991% | Jul 2031 | 3.05x | 98% | Current |
All loans maturing in 2031 · All Chicago-Naperville-Elgin loans
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.