Hotel · Thornton, Colorado
Holiday Inn Express Thornton Co
Holiday Inn Express Thornton Co is financed with a $6.8M CMBS loan at 5.549% that reaches maturity on June 6, 2028, in 19 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,767,358
- Original balance (same notes)
- $8,310,000
- Interest rate
- 5.549% fixed
- Originated
- May 14, 2018
- Maturity
- June 6, 2028
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- March 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently July 17, 2020
- Defeasance
- None reported
The property
- Address
- 12030 Grant Street, Thornton, CO 80241
- Metro
- Denver-Aurora-Centennial, CO
- Units, rooms or beds
- 85
- Built
- 2012
- Value at securitization
- $11.8M (Mar 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.98x | 2.21x |
| Occupancy | 80% | 85% |
| Net operating income | $1.2M | $1.4M |
| Debt yield | 20.1% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C5 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- 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 80% when the loan was securitized to 85%.
- Net operating income is 11% above the underwritten figure ($1.4M a year against $1.2M).
- Debt service coverage moved from 1.98x at securitization to 2.21x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.8M | Current | No | 2.21x | 85% |
| August 2026 | $6.8M | Current | No | n/a | n/a |
| July 2026 | $6.8M | Current | No | n/a | n/a |
| June 2026 | $6.8M | Current | No | n/a | n/a |
| May 2026 | $6.8M | Current | No | n/a | n/a |
| April 2026 | $6.9M | Current | No | 2.16x | 84% |
| March 2026 | $6.9M | Current | No | 2.16x | n/a |
| February 2026 | $6.9M | Current | No | 2.16x | n/a |
| January 2026 | $6.9M | Current | No | 2.14x | 84% |
| December 2025 | $6.9M | Current | No | 2.14x | 84% |
| November 2025 | $7.0M | Current | No | 2.22x | 84% |
| October 2025 | $7.0M | Current | No | 2.22x | 84% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-C5 | 28 | $6,767,358 | Sep 2026 | SEC filing, September 25, 2026 |
Other Denver-Aurora-Centennial loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Re/max Plaza | Denver, CO | Office | $65.5M | 4.681% | Apr 2028 | 3.04x | 100% | Current |
| Thorncreek Crossing | Thornton, CO | Retail | $30.7M | 4.623% | May 2028 | 2.31x | 99% | Current |
| One Lincoln Station | Lone Tree, CO | Office | $27.0M | 4.805% | Apr 2028 | 0.69x | 76% | Current |
| 3300 East 1st Avenue | Denver, CO | Mixed use | $24.4M | 4.90% | Jun 2028 | 1.83x | 82% | Current |
| Cherry Tower | Denver, CO | Office | $18.2M | 4.835% | Sep 2028 | 1.26x | 63% | With the special servicer |
| Fairfield Inn & Suites Denver/aurora | Aurora, CO | Hotel | $10.9M | 5.42% | Oct 2028 | 1.21x | 67% | Current |
| Hyatt House Broomfield | Broomfield, CO | Hotel | $9.6M | 5.41% | Mar 2028 | n/a | n/a | Current |
| A Storage Place - Evergreen | Evergreen, CO | Self storage | $9.5M | 4.997% | Feb 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All Denver-Aurora-Centennial loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.