Office · Schaumburg, Illinois
Woodfield Financial Center
Woodfield Financial Center is financed with a $13.4M CMBS loan at 3.67% that reaches maturity on June 6, 2031, in 4 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,360,787
- Original balance (same notes)
- $14,550,000
- Interest rate
- 3.67%
- Originated
- n/a
- Maturity
- June 6, 2031
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Barclays
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1375 East Woodfield Road, Schaumburg, IL 60173
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 182,968 sq ft
- Built
- 1985
- Largest tenants
- GSA; Addison Group; New American Funding
- Value at securitization
- $20.7M (Apr 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 0.88x |
| Occupancy | 86% | 52% |
| Net operating income (annualized from 6 months) | n/a | $707K |
| Debt yield | 5.3% |
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 BBCMS Mortgage Trust 2021-C10 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Occupancy down 10 points or more from securitization
On the cmbs.news watch list in every report since September 2026.
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 86% when the loan was securitized to 52%.
- At 0.88x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.4M | Not reported | No | 0.88x | 52% |
| August 2026 | $13.4M | Not reported | No | 1.67x | 52% |
| July 2026 | $13.4M | Not reported | No | 1.67x | 52% |
| June 2026 | $13.4M | Not reported | No | 1.67x | 52% |
| May 2026 | $13.5M | Not reported | No | 1.67x | 52% |
| April 2026 | $13.5M | Not reported | No | 1.79x | 52% |
| March 2026 | $13.5M | Not reported | No | 1.79x | 52% |
| February 2026 | $13.5M | Not reported | No | 1.79x | 52% |
| January 2026 | $13.6M | Not reported | No | 1.70x | 66% |
| December 2025 | $13.6M | Not reported | No | 1.70x | 67% |
| November 2025 | $13.6M | Late payment but less than 30 days delinquent | No | 1.70x | 67% |
| October 2025 | $13.6M | Not reported | No | 1.36x | 67% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2021-C10 | 21 | $13,360,787 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chicago-Naperville-Elgin loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One North Wacker | Chicago, IL | Office | $353.0M | 2.719% | Oct 2031 | 4.16x | 91% | Current |
| Harvard | Havard, IL | Industrial | $81.0M | 3.716% | Mar 2031 | n/a | n/a | Current |
| The Leo | Chicago, IL | Multifamily | $65.0M | 5.85% | Jun 2031 | n/a | n/a | Current |
| Meadowcreek | Melrose Park, IL | Manufactured housing | $60.0M | 5.98% | Apr 2031 | n/a | n/a | Current |
| Willow Glen | Willow Springs, IL | Multifamily | $58.0M | 6.263% | Jan 2031 | 1.06x | 94% | Current |
| Food4Less - Chicago Heights | Chicago Heights, IL | Retail | $47.0M | 3.165% | Jul 2031 | n/a | n/a | Current |
| Somerset I | Alsip, IL | Multifamily | $42.5M | 3.78% | Dec 2031 | n/a | n/a | With the special servicer |
| Mason Multifamily Portfolio | DeKalb, IL | Multifamily | $36.9M | 3.991% | Jul 2031 | 3.05x | 98% | Current |
All loans maturing in 2031 · 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 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.