Industrial · Brecksville, Ohio
Snowville Flex Industrial Portfolio
Snowville Flex Industrial Portfolio is financed with a $8.8M CMBS loan at 6.66% that reaches maturity on July 11, 2030, in 3 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,850,000
- Original balance (same notes)
- $8,850,000
- Interest rate
- 6.66% fixed
- Originated
- July 2, 2025
- Maturity
- July 11, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- April 10, 2030
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 6650 - 6670 West Snowville Road, Brecksville, OH 44141
- Metro
- Cleveland, OH
- Rentable area
- 117,970 sq ft
- Built
- 1989, renovated 2011
- Largest tenants
- JOHNSON CONTROLS; HOWMEDICA OSTEONICS CORP. (STRYKER); KONE, INC.
- Value at securitization
- $13.5M (Apr 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.56x | n/a |
| Occupancy | 90% | n/a |
| Net operating income | $930K | n/a |
Watch flags
Computed from the BANK5 2025-5YR16 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 Feb 2030 as the lease end date for the largest tenant (JOHNSON CONTROLS), 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 | $8.8M | Current | No | n/a | n/a |
| August 2026 | $17.2M | Current | No | n/a | n/a |
| July 2026 | $8.8M | Current | No | n/a | n/a |
| June 2026 | $8.8M | Current | No | n/a | n/a |
| May 2026 | $8.8M | Current | No | n/a | n/a |
| April 2026 | $8.8M | Current | No | n/a | n/a |
| March 2026 | $8.8M | Current | No | n/a | n/a |
| February 2026 | $8.8M | Current | No | n/a | n/a |
| January 2026 | $8.8M | Current | No | n/a | n/a |
| December 2025 | $8.8M | Current | No | n/a | n/a |
| November 2025 | $8.8M | Current | No | n/a | n/a |
| October 2025 | $8.8M | 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 |
|---|---|---|---|---|
| BANK5 2025-5YR16 | 22 | $8,850,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Cleveland loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 15535 South State Avenue | Middlefield, OH | Industrial | $46.5M | 3.322% | Nov 2030 | n/a | n/a | Current |
| Willoughby Commons | Willoughby, OH | Retail | $35.2M | 4.038% | Jan 2030 | n/a | n/a | Current |
| Rockside Flex Portfolio | Valley View, OH | Mixed use | $25.0M | 7.60% | May 2030 | 1.52x | 80% | Current |
| ABB Office | Highland Hills, OH | Office | $22.3M | 3.421% | Jan 2030 | 2.78x | 100% | Current |
| Village Square, Woodmere | Woodmere, OH | Retail | $21.0M | 6.447% | Oct 2030 | n/a | n/a | Current |
| Tremont Place Lofts | Cleveland, OH | Multifamily | $18.1M | 6.70% | Jan 2030 | n/a | n/a | Current |
| Aloft Cleveland Airport | North Olmsted, OH | Hotel | $14.0M | 6.761% | Aug 2030 | 0.69x | 67% | Current |
| Battery Park Lofts | Cleveland, OH | Multifamily | $12.9M | 4.12% | Jul 2030 | 1.44x | 93% | 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.