Multifamily portfolio, 2 properties · Indianapolis, Indiana
Lakeside Pointe At Nora
Public CMBS trusts hold $15.2M of the loan on this portfolio at 5.98% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,233,625
- Original balance (same notes)
- $16,000,000
- Interest rate
- 5.98% fixed
- Originated
- October 12, 2018
- Maturity
- November 6, 2028
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- August 5, 2028
- Master servicer
- Wells Fargo
- Originator
- AREF
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 30, 2021, returned June 24, 2022
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 9000 N College Avenue, Indianapolis, IN 46240
- Metro
- Indianapolis-Carmel-Greenwood, IN
- Value at securitization
- $48.7M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $3.3M | $6.1M |
| Debt yield | 40.1% |
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 Morgan Stanley Capital I Trust 2018-H4 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 87% above the underwritten figure ($6.1M a year against $3.3M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Lakeside Pointe At Nora | Indianapolis, IN | Multifamily | 80% | 1.97x |
| Fox Club Apartments | Indianapolis, IN | Multifamily | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.2M | Current | No | 1.97x | 80% |
| August 2026 | $15.3M | Current | No | 1.96x | 84% |
| July 2026 | $15.3M | Current | No | n/a | n/a |
| June 2026 | $15.3M | Current | No | n/a | n/a |
| May 2026 | $15.3M | Current | No | n/a | n/a |
| April 2026 | $15.3M | Current | No | 1.86x | 75% |
| March 2026 | $15.3M | Current | No | 1.86x | 75% |
| February 2026 | $15.4M | Current | No | 1.86x | 75% |
| January 2026 | $15.4M | Current | No | 1.86x | 75% |
| December 2025 | $15.4M | Late payment but less than 30 days delinquent | No | 1.63x | 75% |
| November 2025 | $15.4M | Late payment but less than 30 days delinquent | No | 1.63x | 75% |
| October 2025 | $15.4M | Current | No | 1.63x | 75% |
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 30, 2021, returned to the master servicer June 24, 2022.
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2018-H4 | 18 | $15,233,625 | Sep 2026 | SEC filing, October 2, 2026 |
Other Indianapolis-Carmel-Greenwood loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Meridian Plaza | Carmel, IN | Office | $31.5M | 7.67% | Jun 2028 | 1.72x | 74% | Current |
| Castleton Commons and Square | Indianapolis, IN | Retail | $30.8M | 5.605% | Nov 2028 | 1.04x | 76% | With the special servicer and 90+ days delinquent |
| Meridian at North | Indianapolis, IN | Office | $23.9M | 5.076% | Sep 2028 | 0.59x | 65% | Current |
| Villa Del Sol Apartments | Indianapolis, IN | Multifamily | $22.7M | 4.56% | Apr 2028 | 2.96x | 100% | Current |
| Franklin Road Distribution Center | Indianapolis, IN | Industrial | $18.5M | 5.486% | Dec 2028 | 2.07x | 84% | Current |
| Embassy Suites Indianapolis North | Indianapolis, IN | Hotel | $18.1M | 5.30% | Mar 2028 | 0.15x | 73% | Current |
| GRM Indianapolis | Indianapolis, IN | Industrial | $17.0M | 6.26% | May 2028 | 2.01x | 100% | Current |
| Camden Oakes | Indianapolis, IN | Multifamily | $14.4M | 4.91% | Sep 2028 | 1.82x | 96% | Current |
All loans maturing in 2028 · All Indianapolis-Carmel-Greenwood 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.