Hotel · Secaucus, New Jersey
Candlewood Suites Secaucus Meadowlands
Candlewood Suites Secaucus Meadowlands is financed with a $10.8M CMBS loan at 5.21% that reaches maturity on April 6, 2028, in 17 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,769,710
- Original balance (same notes)
- $12,500,000
- Interest rate
- 5.21% fixed
- Originated
- March 15, 2018
- Maturity
- April 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- May 5, 2020
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently June 6, 2020
- Defeasance
- None reported
The property
- Address
- 279 Secaucus Road, Secaucus, NJ 07094
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 82
- Built
- 2008, renovated 2014
- Value at securitization
- $18.5M (Sep 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.75x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the CSAIL 2018-CX11 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Modified
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.8M | Current | No | n/a | n/a |
| August 2026 | $10.8M | Current | No | n/a | n/a |
| July 2026 | $10.8M | Current | No | n/a | n/a |
| June 2026 | $10.8M | Current | No | n/a | n/a |
| May 2026 | $10.9M | Current | No | n/a | n/a |
| April 2026 | $10.9M | Current | No | 2.19x | 82% |
| March 2026 | $10.9M | Current | No | 2.03x | 83% |
| February 2026 | $10.9M | Current | No | 2.03x | 83% |
| January 2026 | $10.9M | Current | No | 2.03x | 83% |
| December 2025 | $11.0M | Current | No | 2.03x | 83% |
| November 2025 | $11.0M | Current | No | 2.03x | 83% |
| October 2025 | $11.0M | Current | No | 2.03x | 83% |
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 |
|---|---|---|---|---|
| CSAIL 2018-CX11 Commercial Mortgage Trust | 26 | $10,769,710 | Sep 2026 | SEC filing, September 28, 2026 |
Other New York-Newark-Jersey City loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One SoHo Square | New York, NY | Office | $469.0M | 2.725% | Aug 2028 | 1.78x | 85% | With the special servicer |
| 11 West 42nd Street | New York, NY | Office | $274.0M | 7.44% | Jul 2028 | 1.27x | 99% | Current |
| Harborside 2-3 | Jersey City, NJ | Office | $225.0M | 5.84% | Apr 2028 | 2.29x | 76% | Current |
| 3 Park Avenue | New York, NY | Office | $182.0M | 4.75% | Dec 2028 | 0.61x | 47% | Current |
| Gateway Center South | Brooklyn, NY | Retail | $162.5M | 6.873% | Jun 2028 | 1.69x | 98% | Current |
| 685 Fifth Avenue Retail | New York, NY | Retail | $160.0M | 3.871% | Jul 2028 | 3.13x | 100% | With the special servicer |
| 1745 Broadway | New York, NY | Office | $144.0M | 3.768% | Jun 2028 | 2.52x | 88% | Current |
| 65 Broadway, New York (2028 maturity), loan 4Sb in CF 2019-CF1 Mortgage Trust | New York, NY | Office | $136.0M | 4.935% | Dec 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All New York-Newark-Jersey City 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.