Hotel · Mooresville, North Carolina
Holiday Inn Express Mooresville
Holiday Inn Express Mooresville is financed with a $6.5M CMBS loan at 5.27% that reaches maturity on May 6, 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
- $6,485,352
- Original balance (same notes)
- $7,500,000
- Interest rate
- 5.27% fixed
- Originated
- April 19, 2018
- Maturity
- May 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- February 5, 2028
- Master servicer
- Trimont LLC
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently July 6, 2020
- Defeasance
- None reported
The property
- Address
- 130 Norman Station Boulevard, Mooresville, NC 28117
- Metro
- Charlotte-Concord-Gastonia, NC-SC
- Units, rooms or beds
- 74
- Built
- 2003, renovated 2017
- Value at securitization
- $12.2M (Mar 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.81x | 1.31x |
| Occupancy | 83% | 61% |
| Net operating income | $901K | $654K |
| 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 Morgan Stanley Capital I Trust 2018-H3 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% 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 83% when the loan was securitized to 61%.
- Net operating income is 27% below the underwritten figure ($654K a year against $901K).
- Debt service coverage moved from 1.81x at securitization to 1.31x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.5M | Current | No | 1.31x | 61% |
| August 2026 | $6.5M | Current | No | 1.31x | 61% |
| July 2026 | $6.5M | Current | No | 1.31x | 61% |
| June 2026 | $6.5M | Current | No | 1.31x | 55% |
| May 2026 | $6.5M | Current | No | 1.50x | 73% |
| April 2026 | $6.5M | Current | No | 1.32x | 73% |
| March 2026 | $6.6M | Current | No | 1.32x | 73% |
| February 2026 | $6.6M | Current | No | 1.32x | 73% |
| January 2026 | $6.6M | Current | No | 1.76x | 74% |
| December 2025 | $6.6M | Current | No | 1.76x | 74% |
| November 2025 | $6.6M | Current | No | 1.76x | 74% |
| October 2025 | $6.6M | Current | No | 1.76x | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2018-H3 | 43 | $6,485,352 | Sep 2026 | SEC filing, October 2, 2026 |
Other Charlotte-Concord-Gastonia loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Overlook at Ballantyne | Charlotte, NC | Office | $94.0M | 7.387% | Jun 2028 | 1.49x | 99% | Current |
| Cambridge Corporate Center | Charlotte, NC | Office | $42.0M | 5.49% | Nov 2028 | 0.77x | 59% | With the special servicer and 30-59 days delinquent |
| Daimler Building | Fort Mill, SC | Office | $21.0M | 4.433% | Feb 2028 | n/a | n/a | Current |
| Christenbury Corners | Concord, NC | Retail | $17.0M | 5.04% | Jul 2028 | 1.03x | 80% | Current |
| Cross Creek Shopping Center, Indian Land | Indian Land, SC | Retail | $17.0M | 4.82% | Apr 2028 | 1.43x | 100% | Current |
| DoubleTree - Charlotte Airport | Charlotte, NC | Hotel | $16.4M | 5.40% | May 2028 | n/a | n/a | Current |
| Tower Place | Charlotte, NC | Retail | $13.9M | 4.79% | Aug 2028 | 2.64x | 98% | Current |
| Home2 Suites By Hilton Charlotte Airport | Charlotte, NC | Hotel | $11.9M | 4.996% | Jul 2028 | 1.60x | 78% | Current |
All loans maturing in 2028 · All Charlotte-Concord-Gastonia 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.