Hotel portfolio, 3 properties · Multiple locations
HIE & Candlewood Suites Portfolio
This portfolio is financed with a $14.5M CMBS loan at 4.70% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $14,476,792
- Original balance (same notes)
- $16,400,000
- Interest rate
- 4.70% fixed
- Originated
- October 18, 2019
- Maturity
- November 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently August 6, 2020
- Defeasance
- None reported
The property
- Units, rooms or beds
- 230
- Value at securitization
- $28.3M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.02x | 1.89x |
| Occupancy | 65% | 62% |
| Net operating income | $2.1M | $1.9M |
| Debt yield | 13.3% |
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 Wells Fargo Commercial Mortgage Trust 2019-C54 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 fallen from 65% when the loan was securitized to 62%.
- Net operating income is 7% below the underwritten figure ($1.9M a year against $2.1M).
- Debt service coverage moved from 2.02x 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 | $14.5M | Current | No | 1.89x | 62% |
| August 2026 | $14.5M | Current | No | 1.92x | 61% |
| July 2026 | $14.5M | Current | No | 1.92x | 61% |
| June 2026 | $14.6M | Current | No | 1.92x | 61% |
| May 2026 | $14.6M | Current | No | 1.97x | 63% |
| April 2026 | $14.6M | Current | No | 1.97x | 63% |
| March 2026 | $14.6M | Current | No | 1.95x | 62% |
| February 2026 | $14.7M | Current | No | 1.95x | 62% |
| January 2026 | $14.7M | Current | No | 1.95x | 62% |
| December 2025 | $14.7M | Current | No | 1.95x | 62% |
| November 2025 | $14.7M | Current | No | 1.95x | 62% |
| October 2025 | $14.8M | Current | No | 1.81x | 61% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C54 | 18 | $14,476,792 | Sep 2026 | SEC filing, September 29, 2026 |
Other hotel loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Bellagio Hotel and Casino | Las Vegas, NV | Hotel | $600.0M | 3.17% | Dec 2029 | 6.51x | 97% | Current |
| Intercontinental New Orleans | New Orleans, LA | Hotel | $185.0M | 4.958% | May 2029 | n/a | n/a | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| Casa Cipriani | New York, NY | Hotel | $100.7M | 7.27% | Mar 2029 | 2.89x | 61% | Current |
| The Estate Yountville 2.0 | Yountville, CA | Hotel | $93.0M | 5.88% | Oct 2029 | 2.58x | 101% | Current |
| Arthouse Hotel | New York, NY | Hotel | $85.0M | 7.38% | Aug 2029 | 1.51x | 81% | Current |
| Sheraton Hotel Brooklyn | Brooklyn, NY | Hotel | $85.0M | 7.48% | Feb 2029 | n/a | n/a | 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.