Retail · Lebanon, Tennessee
Cedar Crest
Cedar Crest is financed with a $8.0M CMBS loan at 5.10% that reaches maturity on July 6, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,957,867
- Original balance (same notes)
- $9,000,000
- Interest rate
- 5.10% fixed
- Originated
- June 21, 2019
- Maturity
- July 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- January 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1031 West Main Street, Lebanon, TN 37087
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Rentable area
- 149,932 sq ft
- Built
- 1986
- Largest tenants
- D.T. McCall &Sons furniture and appliances; Planet Fitness; CumberlandPediatricAssociates P.C.
- Value at securitization
- $12.5M (Apr 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.74x | 1.78x |
| Occupancy | 91% | 73% |
| Net operating income (annualized from 6 months) | $1.0M | $1.0M |
| Debt yield | 13.2% |
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 2019-C52 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
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 91% when the loan was securitized to 73%.
- The filing gives Feb 2028 as the lease end date for the largest tenant (D.T. McCall &Sons furniture and appliances), 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 | $8.0M | Current | No | 1.78x | 73% |
| August 2026 | $8.0M | Current | No | 1.36x | 73% |
| July 2026 | $8.0M | Current | No | 1.36x | 73% |
| June 2026 | $8.0M | Current | No | 1.36x | 73% |
| May 2026 | $8.0M | Current | No | 1.53x | 73% |
| April 2026 | $8.0M | Current | No | 1.53x | 73% |
| March 2026 | $8.0M | Current | No | 1.61x | 92% |
| February 2026 | $8.1M | Current | No | 1.61x | 92% |
| January 2026 | $8.1M | Current | No | 1.61x | 92% |
| December 2025 | $8.1M | Current | No | 1.61x | 92% |
| November 2025 | $8.1M | Current | No | 1.61x | 92% |
| October 2025 | $8.1M | Current | No | 1.56x | 93% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C52 | 32 | $7,957,867 | Sep 2026 | SEC filing, September 29, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cummins Station | Nashville, TN | Office | $135.0M | 7.155% | Jun 2029 | 1.69x | 83% | Current |
| Rivertop Scenic Apartments | Nashville, TN | Multifamily | $31.4M | 3.30% | Nov 2029 | 3.02x | 94% | Current |
| 150 2nd Avenue North | Nashville, TN | Mixed use | $24.5M | 7.53% | May 2029 | 1.50x | 93% | Current |
| Marketplace at Smyrna | Smyrna, TN | Retail | $18.7M | 5.09% | Jan 2029 | 1.80x | 100% | Current |
| Hilton Brentwood Nashville | Brentwood, TN | Hotel | $18.3M | 7.63% | Dec 2029 | 1.92x | 69% | Current |
| Field Haven Apartments | Portland, TN | Multifamily | $13.8M | 6.85% | Sep 2029 | 1.29x | 88% | Current |
| Courtyard By Marriott Mt. Juliet | Mount Juliet, TN | Hotel | $12.8M | 3.95% | Oct 2029 | 2.00x | 72% | Current |
| Hampton Inn & Suites Mt. Juliet | Mount Juliet, TN | Hotel | $12.1M | 4.08% | Oct 2029 | 1.75x | 70% | Current |
All loans maturing in 2029 · All Nashville-Davidson--Murfreesboro--Franklin 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.