Office · Houston, Texas
800 Wilcrest Drive
800 Wilcrest Drive is financed with a $5.1M CMBS loan at 4.92% that reaches maturity on April 1, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,139,761
- Original balance (same notes)
- $5,625,000
- Interest rate
- 4.92% fixed
- Originated
- March 20, 2019
- Maturity
- April 1, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- December 31, 2028
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 800 Wilcrest Drive, Houston, TX 77042
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 65,564 sq ft
- Built
- 1982, renovated 2018
- Largest tenants
- TX All Benefits Group; Oxley Energy LLC; R Construction Company
- Value at securitization
- $7.5M (Dec 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.03x | 1.50x |
| Occupancy | 98% | 91% |
| Net operating income (annualized from 6 months) | $729K | $544K |
| Debt yield | 10.6% |
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 BANK 2019-BNK18 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Largest tenant's lease ends within 12 months
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 98% when the loan was securitized to 91%.
- Net operating income is 25% below the underwritten figure ($544K a year against $729K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.03x at securitization to 1.50x on the latest statements.
- The filing gives Jun 2027 as the lease end date for the largest tenant (TX All Benefits Group), 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 | $5.1M | Current | No | 1.50x | 91% |
| August 2026 | $5.1M | Current | No | 1.65x | 87% |
| July 2026 | $5.2M | Current | No | 1.65x | 87% |
| June 2026 | $5.2M | Current | No | 1.65x | 87% |
| May 2026 | $5.2M | Current | No | 1.59x | 86% |
| April 2026 | $5.2M | Current | No | 1.59x | 86% |
| March 2026 | $5.2M | Current | No | 1.59x | 86% |
| February 2026 | $5.2M | Current | No | 1.60x | 85% |
| January 2026 | $5.2M | Current | No | 1.60x | 85% |
| December 2025 | $5.2M | Current | No | 1.60x | 85% |
| November 2025 | $5.2M | Current | No | 1.60x | 85% |
| October 2025 | $5.2M | Current | No | 1.59x | 88% |
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 |
|---|---|---|---|---|
| BANK 2019-BNK18 | 36 | $5,139,761 | Sep 2026 | SEC filing, September 29, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Woodlands Mall | The Woodlands, TX | Retail | $247.6M | 4.256% | Aug 2029 | 4.02x | 84% | Current |
| Baybrook Mall | Friendswood, TX | Retail | $205.7M | 6.816% | Aug 2029 | 1.65x | 91% | Current |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Verde Apartments | Houston, TX | Multifamily | $78.0M | 6.79% | Dec 2029 | 1.13x | 81% | Current |
| Marqe Entertainment Center | Houston, TX | Retail | $70.0M | 7.27% | Apr 2029 | 1.61x | 99% | Current |
| Falls Houston Multifamily Portfolio | Houston, TX | Multifamily | $63.3M | 6.944% | Jul 2029 | 1.38x | 89% | With the special servicer and 90+ days delinquent |
| NOV Headquarters | Houston, TX | Office | $39.2M | 4.63% | Apr 2029 | 1.83x | 100% | Current |
All loans maturing in 2029 · All Houston-Pasadena-The Woodlands 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.