Hotel · Crawfordsville, Indiana
Best Western Plus Crawfordsville
Best Western Plus Crawfordsville is financed with a $2.7M CMBS loan at 5.45% that reaches maturity on April 6, 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
- $2,714,690
- Original balance (same notes)
- $3,250,000
- Interest rate
- 5.45% fixed
- Originated
- March 29, 2019
- Maturity
- April 6, 2029
- Payments
- Amortizing over 25 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2600 Industrial Boulevard, Crawfordsville, IN 47933
- Units, rooms or beds
- 81
- Value at securitization
- $6.0M (Jan 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.86x |
| Occupancy | 57% | 63% |
| Net operating income | n/a | $443K |
| Debt yield | 16.3% |
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 CF 2019-CF1 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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
- Occupancy has risen from 57% when the loan was securitized to 63%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $2.7M | Not reported | No | 1.86x | 63% |
| August 2026 | $2.7M | Not reported | No | 1.86x | 63% |
| July 2026 | $2.7M | Not reported | No | 1.86x | 63% |
| June 2026 | $2.7M | Not reported | No | 1.86x | 63% |
| May 2026 | $2.7M | Not reported | No | 1.44x | 63% |
| April 2026 | $2.8M | Not reported | No | 1.44x | 63% |
| March 2026 | $2.8M | Not reported | No | 1.44x | 63% |
| February 2026 | $2.8M | Not reported | No | 1.44x | 56% |
| January 2026 | $2.8M | Not reported | No | 1.44x | 56% |
| December 2025 | $2.8M | Not reported | No | 1.44x | 56% |
| November 2025 | $2.8M | Not reported | No | 1.42x | 56% |
| October 2025 | $2.8M | Not reported | No | 1.42x | 56% |
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 |
|---|---|---|---|---|
| CF 2019-CF1 Mortgage Trust | 35 | $2,714,690 | Sep 2026 | SEC filing, September 30, 2026 |
Other Indiana loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 101 45th Street | Munster, IN | Industrial | $138.8M | 3.231% | Dec 2029 | n/a | n/a | Current |
| Elevate on Main | Granger, IN | Multifamily | $72.5M | 5.49% | Oct 2029 | 1.31x | 90% | Late, less than 30 days |
| 9200 Calumet Industrial | Munster, IN | Office | $29.5M | 7.28% | Nov 2029 | 1.75x | 100% | Current |
| Global Payments, Inc. | Jeffersonville, IN | Office | $29.2M | 3.85% | Nov 2029 | 2.35x | 100% | Current |
| Wechsler Multifamily Portfolio | IN | Multifamily | $28.5M | 6.75% | Dec 2029 | 1.60x | 97% | Current |
| Beckford Place Apartments | New Castle, IN | Multifamily | $20.5M | 5.095% | Apr 2029 | n/a | n/a | Current |
| Doubletree Evansville | Evansville, IN | Hotel | $18.3M | 4.20% | Oct 2029 | 2.11x | 64% | Current |
| Allied Solutions | Carmel, IN | Office | $17.6M | 4.485% | Feb 2029 | 3.90x | 100% | Current |
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.