Hotel · Myrtle Beach, South Carolina
Courtyard - Myrtle Beach Sc
Courtyard - Myrtle Beach Sc is financed with a $11.0M CMBS loan at 5.323% that reaches maturity on July 1, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $11,032,552
- Original balance (same notes)
- $12,670,000
- Interest rate
- 5.323% fixed
- Originated
- June 7, 2018
- Maturity
- July 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- March 31, 2028
- Master servicer
- Trimont LLC
- Originator
- Bank of America, N.A.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred June 22, 2020, returned November 1, 2021
- Workout strategy
- Resolved
- Modified
- Yes, most recently August 3, 2021
- Defeasance
- None reported
The property
- Address
- 1000 Commons Boulevard, Myrtle Beach, SC 29572
- Units, rooms or beds
- 157
- Built
- 1999, renovated 2016
- Value at securitization
- $18.7M (Apr 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.02x | 2.16x |
| Occupancy | 56% | 71% |
| Net operating income | $1.7M | $1.8M |
| Debt yield | 16.6% |
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 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.
What the filing shows
- Occupancy has risen from 56% when the loan was securitized to 71%.
- Net operating income is 7% above the underwritten figure ($1.8M a year against $1.7M).
- Debt service coverage moved from 2.02x at securitization to 2.16x on the latest statements.
- The most recent valuation in the filing is $14.3M (August 10, 2020), against $18.7M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.0M | Late payment but less than 30 days delinquent | No | 2.16x | 71% |
| August 2026 | $11.1M | Late payment but less than 30 days delinquent | No | 2.16x | 71% |
| July 2026 | $11.1M | Late payment but less than 30 days delinquent | No | 2.16x | 71% |
| June 2026 | $11.1M | Late payment but less than 30 days delinquent | No | 2.16x | 71% |
| May 2026 | $11.1M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
| April 2026 | $11.1M | Current | No | 2.09x | 70% |
| March 2026 | $11.2M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
| February 2026 | $11.2M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
| January 2026 | $11.2M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
| December 2025 | $11.2M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
| November 2025 | $11.2M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
| October 2025 | $11.3M | Late payment but less than 30 days delinquent | No | 2.09x | 70% |
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 June 22, 2020, returned to the master servicer November 1, 2021.
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2018-BNK13 | 22 | $11,032,552 | Sep 2026 | SEC filing, September 29, 2026 |
Other South Carolina loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Plaza at Gator Hole | North Myrtle Beach, SC | Retail | $31.0M | 4.605% | Nov 2028 | 2.14x | 97% | Current |
| Staybridge Suites Myrtle Beach | Myrtle Beach, SC | Hotel | $8.8M | 5.515% | Jan 2028 | 0.65x | 53% | 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.