Hotel · Atlanta, Georgia
Embassy Suites Atlanta Airport
Embassy Suites Atlanta Airport is financed with a $29.2M CMBS loan at 4.97% that reaches maturity on September 6, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $29,194,729
- Original balance (same notes)
- $33,000,000
- Interest rate
- 4.97% fixed
- Originated
- August 29, 2018
- Maturity
- September 6, 2028
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- October 5, 2019
- Prepayment premium ends
- May 5, 2028 (yield maintenance)
- Master servicer
- Midland
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 4700 Southport Road, Atlanta, GA 30337
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Units, rooms or beds
- 236
- Built
- 1989, renovated 2015
- Value at securitization
- $60.6M (Jul 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.94x | 1.59x |
| Occupancy | 79% | 70% |
| Net operating income (annualized from 6 months) | $4.1M | $6.8M |
| Debt yield | 23.3% |
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 Morgan Stanley Capital I Trust 2018-L1 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x 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 79% when the loan was securitized to 70%.
- Net operating income is 66% above the underwritten figure ($6.8M a year against $4.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.94x at securitization to 1.59x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $29.2M | Current | No | 1.59x | 70% |
| August 2026 | $29.2M | Current | No | 1.71x | 71% |
| July 2026 | $29.3M | Current | No | 1.71x | 71% |
| June 2026 | $29.4M | Current | No | n/a | n/a |
| May 2026 | $29.4M | Current | No | n/a | n/a |
| April 2026 | $29.5M | Current | No | 1.16x | 67% |
| March 2026 | $29.5M | Current | No | 1.25x | 66% |
| February 2026 | $29.6M | Current | No | 1.25x | 66% |
| January 2026 | $29.6M | Current | No | 1.49x | 67% |
| December 2025 | $29.7M | Current | No | 1.49x | 67% |
| November 2025 | $29.7M | Current | No | 1.49x | 67% |
| October 2025 | $29.8M | Current | No | 1.43x | 67% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2018-L1 | 10 | $29,194,729 | Sep 2026 | SEC filing, October 2, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cumberland Mall | Atlanta, GA | Retail | $180.0M | 7.87% | May 2028 | 1.68x | 98% | Current |
| 1025 Lenox Park | Atlanta, GA | Office | $75.0M | 7.913% | Oct 2028 | n/a | n/a | Current |
| The Prado | Sandy Springs, GA | Retail | $42.0M | 8.80% | Dec 2028 | 1.12x | 90% | Current |
| Hilton Garden Inn Atlanta Downtown | Atlanta, GA | Hotel | $39.5M | 8.39% | Nov 2028 | 2.07x | 77% | Current |
| Perimeter Square | Atlanta, GA | Retail | $35.0M | 5.545% | Nov 2028 | 1.67x | 100% | Current |
| 1000 Windward Concourse | Alpharetta, GA | Office | $29.7M | 4.995% | Nov 2028 | 0.58x | 43% | Current |
| Embassy Suites Kennesaw | Kennesaw, GA | Hotel | $27.8M | 5.33% | Jul 2028 | 1.89x | 83% | Current |
| Bella at Norcross | Norcross, GA | Multifamily | $26.0M | 5.54% | Dec 2028 | 1.28x | 81% | Current |
All loans maturing in 2028 · All Atlanta-Sandy Springs-Roswell 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.