Industrial · Schaumburg, Illinois
Willow Lake Tech Center
Willow Lake Tech Center is financed with a $4.3M CMBS loan at 3.534% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,304,290
- Original balance (same notes)
- $5,000,000
- Interest rate
- 3.534% fixed
- Originated
- December 3, 2019
- Maturity
- December 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 400-444 East State Parkway, Schaumburg, IL 60173
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 105,007 sq ft
- Built
- 1997, renovated 2017
- Largest tenants
- American Leader Electric Appliance; Enshu (USA) Corp; Links Technology Solutions
- Value at securitization
- $7.2M (Nov 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.04x | n/a |
| Occupancy | 96% | n/a |
| Net operating income | $552K | n/a |
Watch flags
Computed from the JPMDB Commercial Mortgage Securities Trust 2020-COR7 filing for the reporting period ending September 9, 2026, filed with the SEC September 23, 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 Jun 2028 as the lease end date for the largest tenant (American Leader Electric Appliance), 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 | $4.3M | Current | No | n/a | n/a |
| August 2026 | $4.3M | Current | No | n/a | n/a |
| July 2026 | $4.3M | Current | No | n/a | n/a |
| June 2026 | $4.3M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| May 2026 | $4.4M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $4.4M | Current | No | 1.26x | 85% |
| March 2026 | $4.4M | Current | No | 1.49x | 85% |
| February 2026 | $4.4M | Current | No | 1.49x | 83% |
| January 2026 | $4.4M | Current | No | 1.74x | 83% |
| December 2025 | $4.4M | Current | No | 1.74x | 75% |
| November 2025 | $4.4M | Current | No | 1.74x | 75% |
| October 2025 | $4.4M | Current | No | 1.74x | 75% |
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 |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | 34 | $4,304,290 | Sep 2026 | SEC filing, September 23, 2026 |
Other Chicago-Naperville-Elgin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Millennium Park Plaza | Chicago, IL | Mixed use | $210.0M | 3.66% | Aug 2029 | 1.66x | 73% | Current |
| 101 45th Street | Munster, IN | Industrial | $138.8M | 3.231% | Dec 2029 | n/a | n/a | Current |
| City Hyde Park | Chicago, IL | Multifamily | $108.7M | 4.70% | Oct 2029 | 1.03x | 83% | Current |
| 5452-5466 S. Ellis Avenue | Chicago, IL | Multifamily | $106.8M | 4.554% | Feb 2029 | n/a | n/a | Current |
| 3500 Lacey Road | Downers Grove, IL | Office | $85.8M | 4.35% | Dec 2029 | 2.39x | 95% | Current |
| Lakeside Apartments | Lisle, IL | Multifamily | $70.0M | 4.935% | Mar 2029 | 1.98x | 95% | Current |
| Hilton Garden Inn & Canopy - Chicago Central Loop | Chicago, IL | Healthcare | $65.0M | 7.60% | Jun 2029 | 1.93x | 74% | Current |
| The Elston Retail Collection | Chicago, IL | Retail | $57.1M | 3.65% | Nov 2029 | 1.40x | 100% | With the special servicer |
All loans maturing in 2029 · All Chicago-Naperville-Elgin loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.