Multifamily · Covington, Kentucky
The Arthur
The Arthur is financed with a $5.4M CMBS loan at 6.55% that reaches maturity on July 1, 2031, in 4 years and 8 months. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $5,400,000
- Original balance (same notes)
- $5,400,000
- Interest rate
- 6.55% fixed
- Originated
- June 17, 2026
- Maturity
- July 1, 2031
- Payments
- Interest only for the full term
- Prepayment premium ends
- March 31, 2031 (yield maintenance)
- Master servicer
- CBRE
- Originator
- AxLender (DX) Subsidiary LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 525 and 545 Greenup Street, Covington, KY 41011
- Metro
- Cincinnati, OH-KY-IN
- Units, rooms or beds
- 58
- Built
- 1904, renovated 2011
- Value at securitization
- $7.4M (Apr 2026)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.42x | n/a |
| Occupancy | 98% | n/a |
| Net operating income | $508K | n/a |
Watch flags
Computed from the AXDB 2026-MULT1 Mortgage Trust filing for the reporting period ending November 11, 2026, filed with the SEC October 21, 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 1 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $5.4M | 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 |
|---|---|---|---|---|
| AXDB 2026-MULT1 Mortgage Trust | 32 | $5,400,000 | Nov 2026 | SEC filing, October 21, 2026 |
Other Cincinnati loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 175 Progress Place | Springdale, OH | Office | $42.2M | 3.82% | Apr 2031 | 2.63x | 92% | Current |
| The Links | Cincinnati, OH | Multifamily | $21.4M | 6.43% | Jan 2031 | n/a | n/a | Current |
| City Line Milford Self Storage | OH | Self storage | $12.0M | 6.371% | Jul 2031 | n/a | n/a | Current |
| Shoppes at Mason | Mason, OH | Retail | $7.8M | 3.858% | Nov 2031 | 2.84x | 100% | Current |
| Anderson Property | Monroe, OH | Industrial | $7.6M | 3.58% | Nov 2031 | n/a | n/a | Current |
| Kings Automall Shopping Center | Cincinnati, OH | Retail | $5.1M | 4.04% | Aug 2031 | 2.80x | 98% | Current |
| Broadway Square Phase 1 | Cincinnati, OH | Mixed use | $4.9M | 3.75% | Jul 2031 | 1.68x | 98% | Current |
| Spring Creek Apartments | Springboro, OH | Multifamily | $2.6M | 4.197% | May 2031 | 2.37x | 96% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.