Retail portfolio, 12 properties · Cleveland, Ohio

Windsor Building

This portfolio is financed with a $38.0M CMBS loan at 7.50% that reaches maturity on October 6, 2035, in 8 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
$38,000,000
Original balance (same notes)
$38,000,000
Interest rate
7.50% fixed
Originated
September 18, 2025
Maturity
October 6, 2035
Payments
Interest only for the full term
Prepayment lockout ends
July 5, 2035
Master servicer
Berkadia
Originator
AREF2

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
322-342 Euclid Avenue, Cleveland, OH 44115
Metro
Cleveland, OH
Value at securitization
$56.0M

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest
DSCR (NOI)n/an/a
Occupancyn/an/a
Net operating income (annualized from 3 months)n/a$4.0M
Debt yield10.6%

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 Wells Fargo Commercial Mortgage Trust 2025-C65 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.

Properties securing the loan

PropertyLocationTypeOccupancyDSCR
Windsor BuildingCleveland, OHMixed Use100%1.39x
Buckeye BuildingCleveland, OHMixed Usen/an/a
WoolworthCleveland, OHRetailn/an/a
MFG BuildingCleveland, OHRetailn/an/a
Kresge BuildingCleveland, OHRetailn/an/a
410 EuclidCleveland, OHRetailn/an/a
413 ProspectCleveland, OHRetailn/an/a
W.T. Grant RetailCleveland, OHRetailn/an/a
Sincere RetailCleveland, OHRetailn/an/a
Corts BuildingCleveland, OHRetailn/an/a
Commercial BuildingCleveland, OHRetailn/an/a
2050 East 4thCleveland, OHRetailn/an/a

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$38.0MCurrentNo1.39x100%
August 2026$38.0MCurrentNo1.39x100%
July 2026$38.0MCurrentNon/an/a
June 2026$38.0MCurrentNon/an/a
May 2026$38.0MCurrentNon/an/a
April 2026$38.0MCurrentNon/an/a
March 2026$38.0MCurrentNon/an/a
February 2026$38.0MCurrentNon/an/a
January 2026$38.0MCurrentNon/an/a
December 2025$38.0MCurrentNon/an/a
November 2025$38.0MCurrentNon/an/a
October 2025$38.0MCurrentNo1.42x96%

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.

TrustLoan no.BalanceReport periodSource
Wells Fargo Commercial Mortgage Trust 2025-C6510$38,000,000Sep 2026SEC filing, September 29, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Cleveland loans due in 2035

Property Location Type Balance Rate Matures DSCR Occ. Status
Vista Apartments Euclid, OH Multifamily $45.0M 6.516% Aug 2035 n/a n/a Current
Park Center Plaza I, Ii, III Independence, OH Office $31.6M 6.90% Dec 2035 1.89x 96% Current
Lakeside Commerce Center Cleveland, OH Industrial $13.0M 6.572% Aug 2035 n/a n/a Current
Highland Business Park Warrensville Heights, OH Mixed use $10.4M 7.46% Feb 2035 n/a n/a Current
Giant Eagle - Chardon Chardon, OH Retail $6.4M 6.73% May 2035 2.04x 100% Current
Hampton Inn Cleveland Airport Brooklyn, OH Hotel $6.0M 6.712% Aug 2035 n/a n/a Current

All Cleveland 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.