Hotel portfolio, 5 properties · Ohio
InnVite Hospitality Portfolio
This portfolio is financed with a $20.3M CMBS loan at 5.57% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $20,332,778
- Original balance (same notes)
- $21,300,000
- Interest rate
- 5.57% fixed
- Originated
- April 9, 2019
- Maturity
- April 6, 2029
- Payments
- Amortizing over 23 years
- Prepayment lockout ends
- October 5, 2028
- Master servicer
- Trimont LLC
- Originator
- UBS AG
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred May 5, 2020
- Workout strategy
- Bankruptcy
- Advancing
- The servicer has stopped advancing on this loan (non-recoverable)
- Defeasance
- None reported
The property
- Units, rooms or beds
- 468
- Value at securitization
- $28.4M
Performance
| At securitization | Latest (Sep 2024) | |
|---|---|---|
| DSCR (NOI) | 2.08x | 0.09x |
| Occupancy | 52% | 48% |
| Net operating income (annualized from 9 months) | $3.5M | $708K |
| Debt yield | 3.5% |
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 Wells Fargo Commercial Mortgage Trust 2019-C50 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Servicer stopped advancing
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 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 fallen from 52% when the loan was securitized to 48%.
- Net operating income is 80% below the underwritten figure ($708K a year against $3.5M; the latest statement covers 9 months, annualized).
- Debt service coverage moved from 2.08x at securitization to 0.09x on the latest statements.
- At 0.09x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| August 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| July 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| June 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| May 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| April 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| March 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| February 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| January 2026 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| December 2025 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| November 2025 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
| October 2025 | $20.3M | 90+ days delinquent | Yes | 0.09x | 48% |
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 May 5, 2020, still there.
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 2019-C50 | 17 | $20,332,778 | Sep 2026 | SEC filing, September 29, 2026 |
Other Ohio loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kenwood Towne Centre | Cincinnati, OH | Retail | $260.0M | 6.271% | Mar 2029 | n/a | n/a | Current |
| 16625 Granite Road | Maple Heights, OH | Office | $82.8M | 3.78% | Aug 2029 | n/a | n/a | Current |
| Columbus Business Park | Columbus, OH | Industrial | $62.0M | 7.04% | May 2029 | 2.48x | 59% | Current |
| Van Aken District | Shaker Heights, OH | Mixed use | $53.5M | 3.60% | Dec 2029 | 1.74x | 84% | Current |
| Euclid Apartments | Euclid, OH | Multifamily | $53.0M | 7.06% | Feb 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Austin Landing | Miamisburg, OH | Mixed use | $47.6M | 3.98% | Dec 2029 | n/a | n/a | Current |
| 80 on the Commons | Columbus, OH | Mixed use | $47.3M | 2.95% | Nov 2029 | 3.34x | n/a | Current |
| Welleon | Cleveland, OH | Multifamily | $44.6M | 6.23% | Dec 2029 | 1.19x | 94% | Current |
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.