Retail · Lancaster, Ohio
River Valley Plaza
River Valley Plaza is financed with a $12.3M CMBS loan at 6.775% that reaches maturity on March 6, 2031, in 4 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,300,000
- Original balance (same notes)
- $12,300,000
- Interest rate
- 6.775% fixed
- Originated
- February 10, 2026
- Maturity
- March 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2030
- Prepayment premium ends
- September 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1300-1540 River Valley Circle South 0 River Valley Boulevard, Lancaster, OH 43130
- Metro
- Columbus, OH
- Rentable area
- 231,210 sq ft
- Built
- 1989, renovated 1998
- Largest tenants
- Target; Hobby Lobby; TJ Maxx
- Value at securitization
- $17.1M (Dec 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.54x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $1.3M | n/a |
Watch flags
Computed from the BMO 2026-5C14 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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
- The filing gives Oct 2029 as the lease end date for the largest tenant (Target), before the loan matures. Lenders look hard at that rollover.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.3M | Current | No | n/a | n/a |
| August 2026 | $12.3M | Current | No | n/a | n/a |
| July 2026 | $12.3M | Current | No | n/a | n/a |
| June 2026 | $12.3M | Current | No | n/a | n/a |
| May 2026 | $12.3M | Current | No | n/a | n/a |
| April 2026 | $12.3M | Current | No | n/a | n/a |
| March 2026 | $12.3M | Current | 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 |
|---|---|---|---|---|
| BMO 2026-5C14 Mortgage Trust | 26 | $12,300,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Columbus 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 |
| 9885 Innovation Campus | New Albany, OH | Industrial | $57.9M | 6.345% | Feb 2031 | n/a | 100% | Current |
| Tru & Home2 Suites Grove City | Grove City, OH | Hotel | $23.0M | 7.655% | Aug 2031 | n/a | n/a | Current |
| Revi Columbus East | Columbus, OH | Multifamily | $6.5M | 6.701% | May 2031 | n/a | n/a | Current |
| Arlingate Plaza | Columbus, OH | Industrial | $6.0M | 3.485% | Jul 2031 | 3.23x | 77% | Current |
| Rome Hilliard Self Storage | Columbus, OH | Self storage | $5.0M | 3.84% | Feb 2031 | n/a | n/a | Current |
| Wildberry Village Apartments | Columbus, OH | Multifamily | $3.6M | 3.55% | Aug 2031 | 1.95x | 94% | Current |
| New Albany Self Storage - Oh | New Albany, OH | Self storage | $3.1M | 4.135% | May 2031 | 3.27x | 89% | 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.