Hotel · Linthicum Heights, Maryland
Hilton Baltimore BWI Airport
Hilton Baltimore BWI Airport is financed with a $35.0M CMBS loan at 4.799% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $35,007,017
- Original balance (same notes)
- $39,500,000
- Interest rate
- 4.799% fixed
- Originated
- March 12, 2019
- Maturity
- April 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 5, 2021
- Originator
- Column Financial, Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred July 14, 2020, returned July 16, 2020
- Workout strategy
- Resolved
- Modified
- Yes, most recently July 6, 2020
- Defeasance
- None reported
The property
- Address
- 1739 West Nursery Road, Linthicum Heights, MD 21090
- Metro
- Baltimore-Columbia-Towson, MD
- Units, rooms or beds
- 280
- Built
- 2006, renovated 2018
- Value at securitization
- $55.6M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.09x | 1.57x |
| Occupancy | 78% | 82% |
| Net operating income (annualized from 6 months) | $5.0M | $8.1M |
| Debt yield | 23.0% |
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 CSAIL 2019-C16 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x or more from securitization
- 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 78% when the loan was securitized to 82%.
- Net operating income is 60% above the underwritten figure ($8.1M a year against $5.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.09x at securitization to 1.57x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $35.0M | Current | No | 1.57x | 82% |
| August 2026 | $35.1M | Current | No | 1.57x | 82% |
| July 2026 | $35.1M | Current | No | 0.99x | 76% |
| June 2026 | $35.2M | Current | No | n/a | n/a |
| May 2026 | $35.2M | Current | No | n/a | n/a |
| April 2026 | $35.3M | Current | No | 1.82x | 78% |
| March 2026 | $35.4M | Current | No | 1.82x | 78% |
| February 2026 | $35.4M | Current | No | 1.82x | 78% |
| January 2026 | $35.5M | Current | No | 1.82x | 80% |
| December 2025 | $35.5M | Current | No | 1.82x | 80% |
| November 2025 | $35.6M | Current | No | 1.82x | 80% |
| October 2025 | $35.7M | Current | No | 1.28x | 75% |
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 July 14, 2020, returned to the master servicer July 16, 2020.
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 |
|---|---|---|---|---|
| CSAIL 2019-C16 Commercial Mortgage Trust | 5 | $35,007,017 | Sep 2026 | SEC filing, September 28, 2026 |
Other Baltimore-Columbia-Towson loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Fieldside Grande | Aberdeen, MD | Multifamily | $52.3M | 6.06% | Jul 2029 | n/a | n/a | Current |
| Patuxent Crossing, Columbia | Columbia, MD | Office | $33.2M | 4.60% | Apr 2029 | 1.08x | 67% | Current |
| McGaw Commerce Center | Columbia, MD | Industrial | $32.5M | 6.823% | Apr 2029 | 1.15x | 93% | Current |
| Dundalk Plaza | Baltimore, MD | Retail | $27.3M | 7.20% | Aug 2029 | 1.53x | 99% | Current |
| Airport Square | Linthicum, MD | Industrial | $26.2M | 4.20% | Nov 2029 | 2.72x | n/a | Current |
| Knightsbridge and Sheffield House Apartments | Baltimore, MD | Multifamily | $9.1M | 7.05% | Jan 2029 | 1.36x | 90% | Current |
| Hyatt Place Baltimore Owings Mills | Owings Mills, MD | Hotel | $6.3M | 8.23% | Jan 2029 | 1.76x | 57% | Current |
| Schnader Enterprises Portfolio | Baltimore, MD | Multifamily | $6.0M | 4.52% | Jun 2029 | 2.22x | 91% | Current |
All loans maturing in 2029 · All Baltimore-Columbia-Towson 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.