Retail · Hanover, Maryland
Ridgeview Plaza - Md
Ridgeview Plaza - Md is financed with a $23.4M CMBS loan at 3.21% that reaches maturity on June 11, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $23,392,730
- Original balance (same notes)
- $24,500,000
- Interest rate
- 3.21% fixed
- Originated
- June 9, 2021
- Maturity
- June 11, 2031
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- March 10, 2031
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2633 Annapolis Road, Hanover, MD 21076
- Metro
- Baltimore-Columbia-Towson, MD
- Rentable area
- 155,126 sq ft
- Built
- 1988, renovated 2019
- Largest tenants
- Food Lion; MD Furniture; Planet Fitness
- Value at securitization
- $35.0M (Apr 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.02x | 2.10x |
| Occupancy | 97% | 100% |
| Net operating income (annualized from 6 months) | $2.6M | $2.7M |
| Debt yield | 11.6% |
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 BANK 2021-BNK35 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
- Occupancy has risen from 97% when the loan was securitized to 100%.
- Net operating income is 5% above the underwritten figure ($2.7M a year against $2.6M; the latest statement covers 6 months, annualized).
- The filing gives Jan 2030 as the lease end date for the largest tenant (Food Lion), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $23.4M | Current | No | 2.10x | 100% |
| August 2026 | $23.4M | Current | No | 2.09x | 99% |
| July 2026 | $23.5M | Current | No | 2.09x | 99% |
| June 2026 | $23.5M | Current | No | 2.09x | 99% |
| May 2026 | $23.6M | Current | No | 2.27x | 99% |
| April 2026 | $23.6M | Current | No | 2.27x | 99% |
| March 2026 | $23.6M | Current | No | 2.27x | 99% |
| February 2026 | $23.7M | Current | No | 2.27x | 99% |
| January 2026 | $23.7M | Current | No | 2.37x | 99% |
| December 2025 | $23.8M | Current | No | 2.37x | 99% |
| November 2025 | $23.8M | Current | No | 2.37x | 99% |
| October 2025 | $23.9M | Current | No | 2.20x | 79% |
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-BNK35 | 24 | $23,392,730 | Sep 2026 | SEC filing, October 1, 2026 |
Other Baltimore-Columbia-Towson loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Normandy Center | Ellicott City, MD | Mixed use | $40.3M | 6.536% | Jan 2031 | n/a | n/a | Current |
| Redwoods Campus Center | Baltimore, MD | Multifamily | $39.2M | 6.70% | Jul 2031 | n/a | n/a | Current |
| Columbia East Marketplace | Jessup, MD | Retail | $26.3M | 3.238% | Sep 2031 | 2.03x | 95% | Current |
| 200 St. Paul Plaza | Baltimore, MD | Office | $24.2M | 3.576% | Feb 2031 | n/a | n/a | Current |
| Twin Ridge Apartments | Baltimore, MD | Multifamily | $20.0M | 2.70% | Dec 2031 | 7.46x | 84% | Current |
| Route 1 Self Storage, Nottingham | Nottingham, MD | Self storage | $8.3M | 3.325% | Apr 2031 | 3.17x | 87% | Current |
| Stafford Apartments | Baltimore, MD | Multifamily | $8.1M | 6.93% | Feb 2031 | n/a | n/a | Current |
| Finksburg Plaza | Finksburg, MD | Retail | $8.0M | 6.173% | Feb 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Baltimore-Columbia-Towson 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.