Hotel · Baltimore, Maryland
Holiday Inn Express at the Stadiums
Holiday Inn Express at the Stadiums is financed with a $7.9M CMBS loan at 5.00% that reaches maturity on May 1, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,933,624
- Original balance (same notes)
- $9,240,000
- Interest rate
- 5.00% fixed
- Originated
- May 1, 2018
- Maturity
- May 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- January 31, 2028
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 10, 2020, returned February 1, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 12, 2021
- Defeasance
- None reported
The property
- Address
- 1701 Russell Street, Baltimore, MD 21230
- Metro
- Baltimore-Columbia-Towson, MD
- Units, rooms or beds
- 123
- Built
- 1960, renovated 2015
- Value at securitization
- $13.2M (Apr 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.10x | 1.88x |
| Occupancy | 74% | 51% |
| Net operating income | $1.3M | $1.1M |
| Debt yield | 14.1% |
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 2018-BNK12 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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 fallen from 74% when the loan was securitized to 51%.
- Net operating income is 11% below the underwritten figure ($1.1M a year against $1.3M).
- Debt service coverage moved from 2.10x at securitization to 1.88x on the latest statements.
- The most recent valuation in the filing is $9.3M (July 29, 2021), against $13.2M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.9M | Current | No | 1.88x | 51% |
| August 2026 | $7.9M | Current | No | 1.88x | 51% |
| July 2026 | $8.0M | Current | No | 1.73x | 51% |
| June 2026 | $8.0M | Current | No | 1.73x | 51% |
| May 2026 | $8.0M | Current | No | 1.54x | 44% |
| April 2026 | $8.0M | Current | No | 1.54x | 44% |
| March 2026 | $8.0M | Current | No | 0.20x | 39% |
| February 2026 | $8.0M | Current | No | 0.20x | 39% |
| January 2026 | $8.1M | Current | No | 0.20x | 39% |
| December 2025 | $8.1M | Current | No | 0.20x | 39% |
| November 2025 | $8.1M | Current | No | -0.82x | 24% |
| October 2025 | $8.1M | Current | No | -0.82x | 24% |
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 10, 2020, returned to the master servicer February 1, 2022.
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 |
|---|---|---|---|---|
| BANK 2018-BNK12 | 23 | $7,933,624 | Sep 2026 | SEC filing, September 29, 2026 |
Other Baltimore-Columbia-Towson loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Westin Annapolis | Annapolis, MD | Hotel | $44.9M | 7.255% | Jul 2028 | 2.13x | 75% | Current |
| Dulaney Center | Towson, MD | Office | $43.1M | 4.773% | May 2028 | 1.27x | 66% | With the special servicer and 30-59 days delinquent |
| 650 South Exeter Street | Baltimore, MD | Mixed use | $25.0M | 4.84% | Jun 2028 | 0.14x | 55% | Current |
| 11311 Mccormick Road | Hunt Valley, MD | Office | $21.9M | 4.361% | Jan 2028 | 1.85x | 70% | Current |
| Harford Village Mhc | Edgewood, MD | Manufactured housing | $21.7M | 4.565% | Jan 2028 | 2.04x | 99% | Current |
| Waysons Mhc | Lothian, MD | Manufactured housing | $20.1M | 4.875% | Apr 2028 | 1.56x | 100% | Current |
| 11126 McCormick Rd | Hunt Valley, MD | Industrial | $18.1M | 6.473% | Nov 2028 | n/a | n/a | Current |
| One Market Center | Baltimore, MD | Office | $15.8M | 4.885% | Mar 2028 | n/a | n/a | Current |
All loans maturing in 2028 · 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.