Hotel · Oregon, Ohio
Holiday Inn Express - Oregon, Oh
Holiday Inn Express - Oregon, Oh is financed with a $6.6M CMBS loan at 4.81% that reaches maturity on May 11, 2027, in 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,577,688
- Original balance (same notes)
- $7,700,000
- Interest rate
- 4.81% fixed
- Originated
- May 10, 2017
- Maturity
- May 11, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- September 10, 2020
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3154 Navarre Avenue, Oregon, OH 43616
- Metro
- Toledo, OH
- Units, rooms or beds
- 85
- Built
- 2003, renovated 2016
- Value at securitization
- $10.8M (May 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.00x | 0.74x |
| Occupancy | 73% | 52% |
| Net operating income | $969K | $357K |
| Debt yield | 5.4% |
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-BNK13 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 73% when the loan was securitized to 52%.
- Net operating income is 63% below the underwritten figure ($357K a year against $969K).
- Debt service coverage moved from 2.00x at securitization to 0.74x on the latest statements.
- At 0.74x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.6M | Current | No | 0.74x | 52% |
| August 2026 | $6.6M | Current | No | 0.74x | 52% |
| July 2026 | $6.6M | Current | No | 0.74x | 52% |
| June 2026 | $6.6M | Current | No | 0.74x | 52% |
| May 2026 | $6.6M | Current | No | 0.74x | 52% |
| April 2026 | $6.6M | Current | No | 0.74x | 52% |
| March 2026 | $6.7M | Current | No | -0.08x | 49% |
| February 2026 | $6.7M | Current | No | -0.08x | 49% |
| January 2026 | $6.7M | Current | No | -0.37x | 52% |
| December 2025 | $6.7M | Current | No | -0.37x | 52% |
| November 2025 | $6.7M | Late payment but less than 30 days delinquent | No | -0.37x | 52% |
| October 2025 | $6.7M | Current | No | 0.42x | 66% |
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 |
|---|---|---|---|---|
| BANK 2018-BNK13 | 28 | $6,577,688 | Sep 2026 | SEC filing, September 29, 2026 |
Other Toledo loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hampton Inn - Oregon, Oh | Oregon, OH | Hotel | $8.6M | 4.80% | Jun 2027 | 1.83x | 71% | Current |
| Hampton Inn Bowling Green | Bowling Green, OH | Hotel | $6.2M | 5.65% | Feb 2027 | 0.58x | 41% | 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.