Hotel portfolio, 2 properties · Melbourne, Florida
Hilton Melbourne, Melbourne (2027 maturity)
Public CMBS trusts hold $49.7M of the loan on this portfolio at 5.061% that reaches maturity on December 5, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $49,686,263
- Original balance (same notes)
- $57,000,000
- Interest rate
- 5.061% fixed
- Originated
- November 30, 2017
- Maturity
- December 5, 2027
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ended
- May 4, 2020
- Originator
- Natixis Real Estate Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3003 North Highway A1A, Melbourne, FL 32903
- Metro
- Palm Bay-Melbourne-Titusville, FL
- Value at securitization
- $84.0M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $8.1M | $7.6M |
| Debt yield | 15.3% |
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 UBS Commercial Mortgage Trust 2018-C11 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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
- Net operating income is 7% below the underwritten figure ($7.6M a year against $8.1M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Hilton Melbourne | Melbourne, FL | Lodging | 70% | 1.97x |
| Doubletree Melbourne | Melbourne, FL | Lodging | 73% | 2.15x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $49.7M | Current | No | 1.97x | 70% |
| August 2026 | $49.8M | Current | No | 1.97x | 70% |
| July 2026 | $49.9M | Current | No | 1.98x | 68% |
| June 2026 | $50.0M | Current | No | 1.98x | 68% |
| May 2026 | $50.1M | Current | No | n/a | n/a |
| April 2026 | $50.2M | Current | No | 2.10x | n/a |
| March 2026 | $50.2M | Current | No | 2.10x | n/a |
| February 2026 | $50.4M | Late payment but less than 30 days delinquent | No | 2.10x | n/a |
| January 2026 | $50.4M | Current | No | 2.17x | 71% |
| December 2025 | $50.5M | Current | No | 2.17x | 71% |
| November 2025 | $50.6M | Current | No | 2.17x | 71% |
| October 2025 | $50.7M | Current | No | 2.28x | 72% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CSAIL 2018-CX11 Commercial Mortgage Trust | 8 | $29,637,420 | Sep 2026 | SEC filing, September 28, 2026 |
| UBS Commercial Mortgage Trust 2018-C11 | 15 | $20,048,843 | Sep 2026 | SEC filing, September 28, 2026 |
Other Palm Bay-Melbourne-Titusville loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Holiday Inn Express Cocoa Beach | Cocoa, FL | Hotel | $4.4M | 5.38% | Jan 2027 | 3.31x | 82% | Current |
| Sunrise Apartments | Titusville, FL | Multifamily | $2.9M | 4.42% | Sep 2027 | 2.74x | 93% | Current |
All loans maturing in 2027 · All Palm Bay-Melbourne-Titusville 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.