Retail portfolio, 2 properties · Sterling Heights, Michigan
The Forum at Gateways
Public CMBS trusts hold $8.7M of the loan on this portfolio at 3.94% that reaches maturity on October 6, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $8,656,838
- Original balance (same notes)
- $10,000,000
- Interest rate
- 3.94% fixed
- Originated
- September 13, 2019
- Maturity
- October 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- January 5, 2022
- Originator
- BSPRT CMBS Finance, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred July 2, 2020, returned June 23, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 17, 2022
- Defeasance
- None reported
The property
- Address
- 44575 Mound Road, Sterling Heights, MI 48314
- Metro
- Detroit-Warren-Dearborn, MI
- Value at securitization
- $30.9M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $2.3M | n/a |
Watch flags
Computed from the CSAIL 2019-C18 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Modified
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| The Forum at Gateways | Sterling Heights, MI | Retail | n/a | n/a |
| Wilson Square Shopping Center | Jacksonville, FL | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.7M | Current | No | n/a | n/a |
| August 2026 | $8.7M | Current | No | n/a | n/a |
| July 2026 | $8.7M | Current | No | n/a | n/a |
| June 2026 | $8.7M | Current | No | n/a | n/a |
| May 2026 | $8.7M | Current | No | n/a | n/a |
| April 2026 | $12.2M | Current | No | 0.83x | 61% |
| March 2026 | $8.8M | Current | No | 1.95x | 97% |
| February 2026 | $8.8M | Current | No | 2.00x | 97% |
| January 2026 | $8.8M | Current | No | 1.75x | 97% |
| December 2025 | $8.8M | Current | No | 1.75x | 97% |
| November 2025 | $8.8M | Current | No | 1.75x | 97% |
| October 2025 | $8.9M | Current | No | 1.75x | 97% |
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.
Special-servicing history
- Transferred to the special servicer July 2, 2020, returned to the master servicer June 23, 2022.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CSAIL 2019-C18 Commercial Mortgage Trust | 23 | $8,656,838 | Sep 2026 | SEC filing, September 28, 2026 |
Other Detroit-Warren-Dearborn loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| First National Building | Detroit, MI | Office | $430.0M | 3.778% | Jan 2029 | n/a | n/a | Current |
| FCA USA - Detroit, MI | Detroit, MI | Industrial | $147.9M | 5.744% | Apr 2029 | n/a | n/a | Current |
| Bedrock Mixed-Use Portfolio | Detroit, MI | Other | $75.0M | 6.385% | Jun 2029 | 1.64x | 83% | Current |
| Garfield Commons | Clinton Township, MI | Multifamily | $75.0M | 7.32% | Jan 2029 | n/a | n/a | Current |
| Amazon Distribution Livonia | Livonia, MI | Industrial | $34.0M | 3.73% | May 2029 | 3.79x | 100% | Current |
| Pointe Plaza | Grosse Pointe Woods, MI | Mixed use | $30.5M | 7.955% | Jul 2029 | 1.61x | 100% | Current |
| Northville Village Shopping Center Phase I | Northville, MI | Retail | $29.5M | 6.50% | Sep 2029 | 1.65x | 98% | Current |
| Waterside Marketplace | Chesterfield, MI | Retail | $25.8M | 6.21% | Nov 2029 | 2.34x | 93% | Current |
All loans maturing in 2029 · All Detroit-Warren-Dearborn 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.