Hotel · Garden Grove, California
Great Wolf Lodge Southern California
Public CMBS trusts hold $150.0M of the loan on Great Wolf Lodge Southern California at 5.253% that reaches maturity on March 11, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $150,000,000
- Original balance (same notes)
- $150,000,000
- Interest rate
- 5.253% fixed
- Originated
- March 11, 2019
- Maturity
- March 11, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 1, 2020, returned April 15, 2021
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 12681 Harbor Boulevard, Garden Grove, CA 92840
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Units, rooms or beds
- 603
- Built
- 2016
- Value at securitization
- $302.9M (Nov 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.74x | 1.89x |
| Occupancy | 81% | 77% |
| Net operating income | $21.9M | $15.1M |
| Debt yield | 10.1% |
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 2019-BNK18 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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 81% when the loan was securitized to 77%.
- Net operating income is 31% below the underwritten figure ($15.1M a year against $21.9M).
- Debt service coverage moved from 2.74x at securitization to 1.89x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $150.0M | Current | No | 1.89x | 77% |
| August 2026 | $150.0M | Current | No | 1.89x | 77% |
| July 2026 | $150.0M | Current | No | 1.89x | 77% |
| June 2026 | $150.0M | Payment not received but still in grace period or not yet due | No | 1.89x | 77% |
| May 2026 | $150.0M | Current | No | 1.95x | 76% |
| April 2026 | $150.0M | Current | No | 1.95x | 76% |
| March 2026 | $150.0M | Current | No | 2.12x | 75% |
| February 2026 | $150.0M | Current | No | 2.12x | 75% |
| January 2026 | $150.0M | Current | No | 2.12x | 75% |
| December 2025 | $150.0M | Payment not received but still in grace period or not yet due | No | 2.12x | 75% |
| November 2025 | $150.0M | Late payment but less than 30 days delinquent | No | 2.25x | 74% |
| October 2025 | $150.0M | Late payment but less than 30 days delinquent | No | 2.25x | 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 June 1, 2020, returned to the master servicer April 15, 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
The loan is split into 6 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C50 | 3 | $35,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| CSAIL 2019-C16 Commercial Mortgage Trust | 11 | $30,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BANK 2019-BNK17 | 10 | $25,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| BANK 2019-BNK18 | 10 | $25,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| CSAIL 2019-C17 Commercial Mortgage Trust | 18 | $20,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BANK 2019-BNK18 | 10A | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
| Saks Beverly Hills | Beverly Hills, CA | Retail | $90.0M | 7.663% | Jun 2029 | 1.73x | 100% | Current |
All loans maturing in 2029 · All Los Angeles-Long Beach-Anaheim 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.