Retail · Kennesaw, Georgia
Wade Green Crossing
Wade Green Crossing is financed with a $14.7M CMBS loan at 4.69% that reaches maturity on March 6, 2028, in 16 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,667,907
- Original balance (same notes)
- $17,300,000
- Interest rate
- 4.69% fixed
- Originated
- March 2, 2018
- Maturity
- March 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- December 5, 2027
- Master servicer
- Midland Loan Services
- Originator
- Deutsche Bank AG, New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4200 Wade Green Road, Kennesaw, GA 30144
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 178,654 sq ft
- Built
- 1986, renovated 2010
- Largest tenants
- LA Fitness; Jumping World; Beauty Island
- Value at securitization
- $26.3M (Jan 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.83x | 1.51x |
| Occupancy | 95% | 71% |
| Net operating income (annualized from 6 months) | $2.0M | $3.3M |
| Debt yield | 22.3% |
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 BENCHMARK 2018-B3 COMMERCIAL MORTGAGE TRUST filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
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 fallen from 95% when the loan was securitized to 71%.
- Net operating income is 66% above the underwritten figure ($3.3M a year against $2.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.83x at securitization to 1.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.7M | Current | No | 1.51x | 71% |
| August 2026 | $14.7M | Current | No | 1.72x | 73% |
| July 2026 | $14.7M | Current | No | 1.72x | 73% |
| June 2026 | $14.8M | Current | No | 1.72x | 73% |
| May 2026 | $14.8M | Current | No | n/a | n/a |
| April 2026 | $14.8M | Current | No | 1.76x | 72% |
| March 2026 | $14.9M | Current | No | 1.76x | 72% |
| February 2026 | $14.9M | Current | No | 1.76x | 72% |
| January 2026 | $14.9M | Current | No | 1.73x | 98% |
| December 2025 | $14.9M | Current | No | 1.73x | 98% |
| November 2025 | $15.0M | Current | No | 1.73x | 98% |
| October 2025 | $15.0M | Current | No | 1.79x | 73% |
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 |
|---|---|---|---|---|
| BENCHMARK 2018-B3 COMMERCIAL MORTGAGE TRUST | 26 | $14,667,907 | Sep 2026 | SEC filing, September 25, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cumberland Mall | Atlanta, GA | Retail | $180.0M | 7.87% | May 2028 | 1.68x | 98% | Current |
| 1025 Lenox Park | Atlanta, GA | Office | $75.0M | 7.913% | Oct 2028 | n/a | n/a | Current |
| The Prado | Sandy Springs, GA | Retail | $42.0M | 8.80% | Dec 2028 | 1.12x | 90% | Current |
| Hilton Garden Inn Atlanta Downtown | Atlanta, GA | Hotel | $39.5M | 8.39% | Nov 2028 | 2.07x | 77% | Current |
| Perimeter Square | Atlanta, GA | Retail | $35.0M | 5.545% | Nov 2028 | 1.67x | 100% | Current |
| 1000 Windward Concourse | Alpharetta, GA | Office | $29.7M | 4.995% | Nov 2028 | 0.58x | 43% | Current |
| Embassy Suites Atlanta Airport | Atlanta, GA | Hotel | $29.2M | 4.97% | Sep 2028 | 1.59x | 70% | Current |
| Embassy Suites Kennesaw | Kennesaw, GA | Hotel | $27.8M | 5.33% | Jul 2028 | 1.89x | 83% | Current |
All loans maturing in 2028 · All Atlanta-Sandy Springs-Roswell loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.