Hotel · Austin, Texas
Hotel Indigo/Holiday Inn Express & Suites
Hotel Indigo/Holiday Inn Express & Suites is financed with a $39.7M CMBS loan at 4.92% that reaches maturity on August 1, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $39,698,224
- Original balance (same notes)
- $45,000,000
- Interest rate
- 4.92% fixed
- Originated
- August 1, 2017
- Maturity
- August 1, 2027
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- April 30, 2027
- Master servicer
- KeyBank Real Estate Capital
- Originator
- n/a
Status
- Payment status
- Not reported
- Special servicing
- Transferred June 19, 2020, returned April 28, 2021
- Workout strategy
- Resolved
- Modified
- Yes, most recently January 21, 2021
- Defeasance
- None reported
The property
- Address
- 810 Red River Street, Austin, TX 78701
- Metro
- Austin-Round Rock-San Marcos, TX
- Units, rooms or beds
- 305
- Built
- 2016
- Value at securitization
- $66.0M (Apr 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 0.85x |
| Occupancy | 64% | 71% |
| Net operating income | n/a | $2.4M |
| Debt yield | 6.1% |
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 BENCHMARK 2018-B2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage below 1.00x
- Matures within 12 months
- Modified
On the cmbs.news watch list in every report since June 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 risen from 64% when the loan was securitized to 71%.
- At 0.85x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $55.7M (August 20, 2020), against $66.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $39.7M | Not reported | No | 0.85x | 71% |
| August 2026 | $39.8M | Not reported | No | 0.85x | 71% |
| July 2026 | $39.8M | Not reported | No | 0.85x | 71% |
| June 2026 | $39.9M | Not reported | No | 0.85x | 71% |
| May 2026 | $40.0M | Not reported | No | 1.14x | 76% |
| April 2026 | $40.1M | Not reported | No | 1.14x | 76% |
| March 2026 | $40.1M | Not reported | No | 1.14x | 76% |
| February 2026 | $40.2M | Not reported | No | 1.14x | 76% |
| January 2026 | $40.3M | Not reported | No | 1.14x | 77% |
| December 2025 | $40.4M | Not reported | No | 1.14x | 77% |
| November 2025 | $40.4M | Not reported | No | 1.14x | 77% |
| October 2025 | $40.5M | Not reported | No | 1.14x | 77% |
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 June 19, 2020, returned to the master servicer April 28, 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 |
|---|---|---|---|---|
| BENCHMARK 2018-B2 Mortgage Trust | 12 | $39,698,224 | Sep 2026 | SEC filing, September 28, 2026 |
Other Austin-Round Rock-San Marcos loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Villas At San Gabriel | Austin, TX | Multifamily | $40.4M | 4.886% | Oct 2027 | 2.54x | 41% | Current |
| 2010 South Lamar Blvd | Austin, TX | Mixed use | $32.1M | 4.13% | Oct 2027 | n/a | n/a | Current |
| Holiday Inn Austin-Town Lake | Austin, TX | Hotel | $26.0M | 4.90% | Jun 2027 | 1.30x | 65% | With the special servicer |
| San Mar Plaza | San Marcos, TX | Retail | $16.8M | 4.725% | Oct 2027 | 2.18x | 100% | Current |
| Balcones Woods Shopping Center | Austin, TX | Retail | $16.4M | 4.70% | Jun 2027 | 2.06x | 95% | Current |
| Southridge Plaza Austin | Austin, TX | Retail | $14.2M | 4.20% | Sep 2027 | 3.83x | 100% | Current |
| Texan Pearl | Austin, TX | Multifamily | $13.0M | 5.434% | Mar 2027 | 2.26x | 100% | Current |
| Lohmans Crossing | Lakeway, TX | Retail | $12.6M | 4.93% | Jun 2027 | 1.28x | 94% | Current |
All loans maturing in 2027 · All Austin-Round Rock-San Marcos 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.