Office · Alpharetta, Georgia
1000 Windward Concourse
1000 Windward Concourse is financed with a $29.7M CMBS loan at 4.995% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $29,695,760
- Original balance (same notes)
- $30,500,000
- Interest rate
- 4.995% fixed
- Originated
- October 17, 2018
- Maturity
- November 6, 2028
- Payments
- Interest only for 72 months, then amortizing
- Prepayment lockout ends
- September 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred December 9, 2024, returned March 24, 2025
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 1000 Windward Concourse, Alpharetta, GA 30005
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 251,425 sq ft
- Built
- 1997
- Largest tenants
- Travelers Indemnity Company; Café 1000; Fitness Facility
- Value at securitization
- $48.0M (Sep 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.82x | 0.58x |
| Occupancy | 97% | 43% |
| Net operating income (annualized from 6 months) | $3.6M | $1.1M |
| Debt yield | 3.9% |
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 2018-C48 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since May 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 97% when the loan was securitized to 43%.
- Net operating income is 68% below the underwritten figure ($1.1M a year against $3.6M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.82x at securitization to 0.58x on the latest statements.
- At 0.58x, the property's reported NOI does not cover its debt service.
- The filing gives May 2028 as the lease end date for the largest tenant (Travelers Indemnity Company), 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 | $29.7M | Current | No | 0.58x | 43% |
| August 2026 | $29.7M | Current | No | 0.45x | 43% |
| July 2026 | $29.8M | Current | No | 0.45x | 43% |
| June 2026 | $29.8M | Current | No | 0.45x | 43% |
| May 2026 | $29.8M | Current | No | 0.45x | 43% |
| April 2026 | $29.9M | Current | No | 1.10x | 61% |
| March 2026 | $29.9M | Current | No | 1.28x | 61% |
| February 2026 | $30.0M | Current | No | 1.28x | 61% |
| January 2026 | $30.0M | Current | No | 1.28x | 61% |
| December 2025 | $30.0M | Current | No | 1.28x | 61% |
| November 2025 | $30.1M | Current | No | 1.28x | 61% |
| October 2025 | $30.1M | Current | No | 1.19x | 61% |
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.
Special-servicing history
- Transferred to the special servicer December 9, 2024, returned to the master servicer March 24, 2025.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C48 | 5 | $29,695,760 | Sep 2026 | SEC filing, September 29, 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 |
| 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 |
| Bella at Norcross | Norcross, GA | Multifamily | $26.0M | 5.54% | Dec 2028 | 1.28x | 81% | 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 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.