Retail · Willoughby, Ohio
Willoughby Commons
Public CMBS trusts hold $35.2M of the loan on Willoughby Commons at 4.038% that reaches maturity on January 6, 2030, in 3 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $35,226,259
- Original balance (same notes)
- $36,950,000
- Interest rate
- 4.038% fixed
- Originated
- December 20, 2019
- Maturity
- January 6, 2030
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 36363 Euclid Avenue, Willoughby, OH 44094
- Metro
- Cleveland, OH
- Rentable area
- 475,631 sq ft
- Built
- 1997
- Largest tenants
- TARGET T-1112 (WCSC) OWNS; BJ'S #96 (WCSC); GIANT EAGLE #6381 (WCSC) BJ'S #96 (WCSC)
- Value at securitization
- $51.7M (Nov 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.63x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $3.5M | n/a |
Watch flags
Computed from the Benchmark 2021-B24 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $35.2M | Current | No | n/a | n/a |
| August 2026 | $35.3M | Current | No | n/a | n/a |
| July 2026 | $35.3M | Current | No | n/a | n/a |
| June 2026 | $35.4M | Current | No | n/a | n/a |
| May 2026 | $35.4M | Current | No | n/a | n/a |
| April 2026 | $35.5M | Current | No | 1.76x | 100% |
| March 2026 | $35.6M | Current | No | 1.76x | 100% |
| February 2026 | $35.6M | Current | No | 1.76x | 100% |
| January 2026 | $35.7M | Current | No | 1.50x | 97% |
| December 2025 | $35.7M | Current | No | 1.50x | 97% |
| November 2025 | $35.8M | Current | No | 1.54x | 97% |
| October 2025 | $35.8M | Current | No | 1.54x | 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.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2020-B21 Mortgage Trust | 22 | $19,066,987 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2021-B24 Mortgage Trust | 23 | $16,159,272 | Sep 2026 | SEC filing, September 28, 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 |
| 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 |
| Galaxy Parkway Industrial | Warrensville Heights, OH | Industrial | $12.0M | 6.563% | Dec 2030 | 1.49x | n/a | 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.