Hotel portfolio, 5 properties · Casselberry, Florida
HomeTowne Studios - Casselberry, FL
This portfolio is financed with a $17.7M CMBS loan at 5.255% that reaches maturity on August 5, 2028, in 21 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $17,721,112
- Original balance (same notes)
- $20,500,000
- Interest rate
- 5.255% fixed
- Originated
- July 24, 2018
- Maturity
- August 5, 2028
- Payments
- Interest only for 23 months, then amortizing
- Prepayment lockout ended
- April 4, 2021
- Originator
- Grass River Real Estate Credit Partners Loan Funding, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 210 North Oxford Road, Casselberry, FL 32707
- Metro
- Orlando-Kissimmee-Sanford, FL
- Value at securitization
- $38.1M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $3.6M | $1.5M |
| Debt yield | 8.5% |
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 CSAIL 2019-C15 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- 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
- Net operating income is 58% below the underwritten figure ($1.5M a year against $3.6M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| HomeTowne Studios - Casselberry, FL | Casselberry, FL | Lodging | 80% | 0.97x |
| HomeTowne Studios - Delegates, FL | Orlando, FL | Lodging | 74% | 1.17x |
| HomeTowne Studios - Concord, NC | Concord, NC | Lodging | 78% | 1.55x |
| HomeTowne Studios - Chamblee, GA | Chamblee, GA | Lodging | 68% | 1.06x |
| HomeTowne Studios - Columbus, OH | Columbus, OH | Lodging | 69% | -0.01x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $17.7M | Current | No | 0.97x | 80% |
| August 2026 | $17.8M | Current | No | 0.97x | 80% |
| July 2026 | $17.8M | Current | No | 0.97x | 80% |
| June 2026 | $17.9M | Current | No | n/a | n/a |
| May 2026 | $17.9M | Current | No | n/a | n/a |
| April 2026 | $17.9M | Current | No | 1.09x | 80% |
| March 2026 | $18.0M | Current | No | 1.09x | 80% |
| February 2026 | $18.0M | Current | No | 1.22x | 80% |
| January 2026 | $18.1M | Late payment but less than 30 days delinquent | No | 1.22x | 82% |
| December 2025 | $18.1M | Current | No | 1.25x | 82% |
| November 2025 | $18.2M | Current | No | 1.25x | 82% |
| October 2025 | $18.2M | Current | No | 1.25x | 81% |
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 |
|---|---|---|---|---|
| CSAIL 2019-C15 Commercial Mortgage Trust | 18 | $17,721,112 | Sep 2026 | SEC filing, September 28, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| DoubleTree Orlando at Sea World | Orlando, FL | Hotel | $70.0M | 7.75% | Dec 2028 | 1.79x | 65% | Current |
| Orlando Airport Marriott Lakeside | Orlando, FL | Hotel | $59.0M | 5.201% | Jun 2028 | 4.38x | 87% | Current |
| One Eleven | Orlando, FL | Mixed use | $40.7M | 7.08% | Jul 2028 | 1.88x | 79% | Current |
| Tru by Hilton Orlando | Orlando, FL | Hotel | $34.3M | 8.45% | Jul 2028 | 1.44x | 81% | Current |
| Rv Storage Depot | Altamonte Springs, FL | Other | $28.0M | 8.55% | Nov 2028 | 1.54x | 77% | Current |
| Vista Centre Shoppes | Orlando, FL | Retail | $17.2M | 4.951% | Sep 2028 | 2.07x | 100% | Current |
| Hampton Inn Lake Buena Vista | Orlando, FL | Hotel | $16.3M | 5.275% | Jun 2028 | 1.62x | 81% | Current |
| Staybridge Suites Orlando Airport South | Orlando, FL | Hotel | $11.8M | 5.145% | Jul 2028 | 1.67x | 86% | Current |
All loans maturing in 2028 · All Orlando-Kissimmee-Sanford 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.