Hotel portfolio, 6 properties · Ontario, California
Embassy Suites Ontario Airport
Public CMBS trusts hold $39.6M of the loan on this portfolio at 4.755% that reaches maturity on September 1, 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
- $39,551,581
- Original balance (same notes)
- $46,000,000
- Interest rate
- 4.755% fixed
- Originated
- August 29, 2018
- Maturity
- September 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 30, 2028
- Master servicer
- Wells Fargo
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred March 9, 2021, returned July 21, 2023
- Workout strategy
- Resolved
- Modified
- Yes, most recently April 21, 2023
- Defeasance
- None reported
The property
- Address
- 3663 East Guasti Road, Ontario, CA 91761
- Metro
- Riverside-San Bernardino-Ontario, CA
- Value at securitization
- $126.6M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | $11.5M | $11.6M |
| Debt yield | 29.3% |
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.
- 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Embassy Suites Ontario Airport | Ontario, CA | Lodging | 78% | 2.27x |
| Hilton Garden Inn Mt Laurel | Mount Laurel, NJ | Lodging | 50% | 0.34x |
| Springhills Suites Tampa North Tampa Palms | Tampa, FL | Lodging | 86% | 4.50x |
| Fairfield Inn Houston Conroe | Conroe, TX | Lodging | 65% | 1.65x |
| Springhill Suites Houston Rosenburg | Rosenberg, TX | Lodging | 55% | 1.02x |
| Holiday Inn Titusville Kennedy Space Center | Titusville, FL | Lodging | 77% | 5.04x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $39.6M | Current | No | 2.27x | 78% |
| August 2026 | $39.6M | Current | No | 2.27x | 78% |
| July 2026 | $39.7M | Current | No | n/a | n/a |
| June 2026 | $39.8M | Current | No | n/a | n/a |
| May 2026 | $39.9M | Current | No | n/a | n/a |
| April 2026 | $39.9M | Current | No | 1.70x | 74% |
| March 2026 | $40.0M | Current | No | 1.70x | 74% |
| February 2026 | $40.1M | Current | No | 1.70x | 74% |
| January 2026 | $40.2M | Current | No | 1.77x | 74% |
| December 2025 | $40.3M | Current | No | 1.77x | 74% |
| November 2025 | $40.3M | Current | No | 1.77x | 74% |
| October 2025 | $40.4M | Current | No | 1.78x | 74% |
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 March 9, 2021, returned to the master servicer July 21, 2023.
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2018-L1 | 4 | $39,551,581 | Sep 2026 | SEC filing, October 2, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Shoppes at Chino Hills | Chino Hills, CA | Retail | $110.0M | 5.175% | Jun 2028 | 1.63x | 82% | Current |
| California High Tech Logistics | Riverside, CA | Industrial | $70.0M | 8.122% | Apr 2028 | 1.35x | 100% | Current |
| The Westin Rancho Mirage | Rancho Mirage, CA | Hotel | $50.0M | 8.23% | Nov 2028 | 0.78x | 53% | Current |
| Mission Grove Plaza | Riverside, CA | Retail | $37.0M | 6.866% | Jun 2028 | 2.03x | 68% | Current |
| Ontario Airport Tower | Ontario, CA | Office | $23.6M | 6.081% | Jan 2028 | n/a | n/a | Current |
| Lakeside Tower | San Bernardino, CA | Office | $18.9M | 4.775% | Oct 2028 | n/a | n/a | Current |
| Empire Towers V | Ontario, CA | Office | $18.5M | 5.03% | Jul 2028 | 1.80x | 99% | Current |
| Piemonte at Ontario Center | Ontario, CA | Retail | $16.5M | 4.602% | Aug 2028 | 2.46x | 80% | Current |
All loans maturing in 2028 · All Riverside-San Bernardino-Ontario 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.