Hotel · Franklin, Tennessee
Home2 Suites - Franklin Cool Springs
Home2 Suites - Franklin Cool Springs is financed with a $10.4M CMBS loan at 5.11% that reaches maturity on December 11, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,385,416
- Original balance (same notes)
- $11,900,000
- Interest rate
- 5.11% fixed
- Originated
- November 14, 2018
- Maturity
- December 11, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred February 9, 2021, returned May 26, 2021
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 107 International Drive, Franklin, TN 37067
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Units, rooms or beds
- 105
- Built
- 2016
- Value at securitization
- $17.2M (Oct 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.87x | 1.32x |
| Occupancy | 74% | 69% |
| Net operating income | $1.5M | $1.0M |
| Debt yield | 9.8% |
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 Wells Fargo Commercial Mortgage Trust 2018-C48 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 69%.
- Net operating income is 30% below the underwritten figure ($1.0M a year against $1.5M).
- Debt service coverage moved from 1.87x at securitization to 1.32x on the latest statements.
- The most recent valuation in the filing is $14.0M (February 19, 2021), against $17.2M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.4M | Current | No | 1.32x | 69% |
| August 2026 | $10.4M | Current | No | 1.32x | 69% |
| July 2026 | $10.4M | Current | No | 1.21x | 60% |
| June 2026 | $10.4M | Current | No | 1.21x | 60% |
| May 2026 | $10.5M | Current | No | 1.21x | 60% |
| April 2026 | $10.5M | Current | No | 1.21x | 60% |
| March 2026 | $10.5M | Current | No | 1.10x | 63% |
| February 2026 | $10.5M | Current | No | 1.10x | 63% |
| January 2026 | $10.5M | Current | No | 1.10x | 63% |
| December 2025 | $10.6M | Current | No | 1.10x | 63% |
| November 2025 | $10.6M | Current | No | 1.39x | 61% |
| October 2025 | $10.6M | Current | No | 1.39x | 61% |
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 February 9, 2021, returned to the master servicer May 26, 2021.
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C48 | 28 | $10,385,416 | Sep 2026 | SEC filing, September 29, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Coolsprings Galleria | Franklin, TN | Retail | $131.4M | 4.839% | May 2028 | 1.95x | 93% | Current |
| Sheraton Grand Nashville Downtown | Nashville, TN | Hotel | $130.0M | 5.035% | Oct 2028 | n/a | n/a | Current |
| Sheraton Music City | Nashville, TN | Hotel | $60.1M | 4.94% | Jun 2028 | 1.87x | 70% | Current |
| Hilton Garden Inn Nashville Smyrna | Smyrna, TN | Hotel | $42.7M | 5.00% | Aug 2028 | n/a | n/a | With the special servicer |
| Spring Hill Logistics Center | Spring Hill, TN | Industrial | $25.0M | 4.609% | Jun 2028 | 3.03x | 100% | Current |
| Pin Oaks | Nashville, TN | Industrial | $11.5M | 4.795% | Jul 2028 | 2.52x | 96% | Current |
| Hickory View Apartments | Nashville, TN | Multifamily | $10.6M | 5.47% | Mar 2028 | 1.81x | 95% | Current |
| Marketplace Center at Murfreesboro | Murfreesboro, TN | Retail | $7.5M | 5.21% | Oct 2028 | 1.80x | 73% | Current |
All loans maturing in 2028 · All Nashville-Davidson--Murfreesboro--Franklin 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.