Retail · Franklin, Tennessee
Coolsprings Galleria
Public CMBS trusts hold $131.4M of the loan on Coolsprings Galleria at 4.839% that reaches maturity on May 11, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $131,427,440
- Original balance (same notes)
- $140,000,000
- Interest rate
- 4.839% fixed
- Originated
- April 30, 2018
- Maturity
- May 11, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- October 10, 2020
- Prepayment premium ends
- February 10, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred October 15, 2021, returned January 11, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently December 29, 2021
- Defeasance
- None reported
The property
- Address
- 1800, 1910, 1914 and 1916 Galleria Boulevard, Franklin, TN 37067
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Rentable area
- 640,176 sq ft
- Built
- 1991, renovated 2017
- Largest tenants
- Belk; Primark; H&M Clothing Stores
- Value at securitization
- $322.0M (Mar 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.01x | 1.95x |
| Occupancy | 96% | 93% |
| Net operating income (annualized from 3 months) | $19.7M | $19.4M |
| Debt yield | 14.7% |
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 2018-BNK13 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 | $131.4M | Current | No | 1.95x | 93% |
| August 2026 | $131.7M | Current | No | 1.95x | 93% |
| July 2026 | $132.0M | Current | No | 1.95x | 93% |
| June 2026 | $106.7M | Current | No | 1.95x | 93% |
| May 2026 | $132.6M | Current | No | 2.06x | 94% |
| April 2026 | $132.8M | Current | No | 2.06x | 94% |
| March 2026 | $133.1M | Current | No | 1.93x | 86% |
| February 2026 | $133.4M | Current | No | 1.93x | 86% |
| January 2026 | $133.7M | Current | No | 1.93x | 86% |
| December 2025 | $134.0M | Current | No | 1.93x | 86% |
| November 2025 | $134.2M | Current | No | 1.93x | 98% |
| October 2025 | $134.5M | Current | No | 1.93x | 98% |
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 October 15, 2021, returned to the master servicer January 11, 2022.
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
The loan is split into 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2018-BNK12 | 1 | $63,593,923 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK14 | 18 | $25,437,569 | Sep 2026 | SEC filing, October 1, 2026 |
| Wells Fargo Commercial Mortgage Trust 2018-C45 | 11 | $16,958,379 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK12 | 1A | $12,718,785 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK13 | 19 | $12,718,785 | Sep 2026 | SEC filing, September 29, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sheraton Grand Nashville Downtown | Nashville, TN | Hotel | $130.0M | 5.035% | Oct 2028 | n/a | n/a | Current |
| Sheraton Music City | Nashville, TN | Hotel | $60.1M | 4.94% | Jun 2028 | 1.87x | 70% | Current |
| Hilton Garden Inn Nashville Smyrna | Smyrna, TN | Hotel | $42.7M | 5.00% | Aug 2028 | n/a | n/a | With the special servicer |
| Spring Hill Logistics Center | Spring Hill, TN | Industrial | $25.0M | 4.609% | Jun 2028 | 3.03x | 100% | Current |
| Pin Oaks | Nashville, TN | Industrial | $11.5M | 4.795% | Jul 2028 | 2.52x | 96% | Current |
| Hickory View Apartments | Nashville, TN | Multifamily | $10.6M | 5.47% | Mar 2028 | 1.81x | 95% | Current |
| Home2 Suites - Franklin Cool Springs | Franklin, TN | Hotel | $10.4M | 5.11% | Dec 2028 | 1.32x | 69% | Current |
| Marketplace Center at Murfreesboro | Murfreesboro, TN | Retail | $7.5M | 5.21% | Oct 2028 | 1.80x | 73% | Current |
All loans maturing in 2028 · 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.