Retail · Hendersonville, Tennessee
Indian Lake West Plaza
Indian Lake West Plaza is financed with a $5.8M CMBS loan at 4.50% that reaches maturity on August 6, 2029, in 2 years and 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
- $5,811,137
- Original balance (same notes)
- $6,500,000
- Interest rate
- 4.50% fixed
- Originated
- July 31, 2019
- Maturity
- August 6, 2029
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Trimont LLC
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 14, 2021, returned April 11, 2023
- Workout strategy
- Resolved
- Modified
- Yes, most recently June 8, 2022
- Defeasance
- None reported
The property
- Address
- 259 Indian Lake Boulevard, Hendersonville, TN 37075
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Rentable area
- 41,328 sq ft
- Built
- 2015
- Largest tenants
- Dollar Tree; Joe Lin; Pure Hockey
- Value at securitization
- $9.9M (Jun 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.55x | 1.51x |
| Occupancy | 86% | 100% |
| Net operating income (annualized from 3 months) | $614K | $603K |
| Debt yield | 10.4% |
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 UBS Commercial Mortgage Trust 2019-C17 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 86% when the loan was securitized to 100%.
- The most recent valuation in the filing is $10.5M (July 7, 2022), against $9.9M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.8M | Current | No | 1.51x | 100% |
| August 2026 | $5.8M | Current | No | 1.51x | 100% |
| July 2026 | $5.8M | Current | No | 1.51x | 100% |
| June 2026 | $5.8M | Current | No | 1.51x | 100% |
| May 2026 | $5.9M | Current | No | 1.45x | 100% |
| April 2026 | $5.9M | Current | No | 1.49x | 100% |
| March 2026 | $5.9M | Current | No | 1.49x | 100% |
| February 2026 | $5.9M | Current | No | 1.49x | 100% |
| January 2026 | $5.9M | Current | No | 1.49x | 100% |
| December 2025 | $5.9M | Current | No | 1.47x | 100% |
| November 2025 | $5.9M | Current | No | 1.47x | 100% |
| October 2025 | $5.9M | Current | No | 1.47x | 100% |
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 14, 2021, returned to the master servicer April 11, 2023.
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 |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2019-C17 | 45 | $5,811,137 | Sep 2026 | SEC filing, September 28, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cummins Station | Nashville, TN | Office | $135.0M | 7.155% | Jun 2029 | 1.69x | 83% | Current |
| Rivertop Scenic Apartments | Nashville, TN | Multifamily | $31.4M | 3.30% | Nov 2029 | 3.02x | 94% | Current |
| 150 2nd Avenue North | Nashville, TN | Mixed use | $24.5M | 7.53% | May 2029 | 1.50x | 93% | Current |
| Marketplace at Smyrna | Smyrna, TN | Retail | $18.7M | 5.09% | Jan 2029 | 1.80x | 100% | Current |
| Hilton Brentwood Nashville | Brentwood, TN | Hotel | $18.3M | 7.63% | Dec 2029 | 1.92x | 69% | Current |
| Field Haven Apartments | Portland, TN | Multifamily | $13.8M | 6.85% | Sep 2029 | 1.29x | 88% | Current |
| Courtyard By Marriott Mt. Juliet | Mount Juliet, TN | Hotel | $12.8M | 3.95% | Oct 2029 | 2.00x | 72% | Current |
| Hampton Inn & Suites Mt. Juliet | Mount Juliet, TN | Hotel | $12.1M | 4.08% | Oct 2029 | 1.75x | 70% | Current |
All loans maturing in 2029 · 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.