Office · Orlando, Florida
Medical Village at Pine Hills
Medical Village at Pine Hills is financed with a $9.6M CMBS loan at 5.14% that reaches maturity on August 11, 2028, in 21 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
- $9,574,172
- Original balance (same notes)
- $11,500,000
- Interest rate
- 5.14% fixed
- Originated
- July 24, 2018
- Maturity
- August 11, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred October 24, 2025
- Workout strategy
- Foreclosure
- Modified
- Yes, most recently August 30, 2023
- Defeasance
- None reported
The property
- Address
- 800, 840, 900 Mercy Drive, Orlando, FL 32808
- Metro
- Orlando-Kissimmee-Sanford, FL
- Rentable area
- 57,623 sq ft
- Built
- 1963, renovated 2017
- Largest tenants
- Community Health Care; Omega; WO Dialysis Fresenius Medical Care
- Value at securitization
- $15.7M (Mar 2018)
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 1.56x | 1.17x |
| Occupancy | 92% | 71% |
| Net operating income | $1.2M | $883K |
| Debt yield | 9.2% |
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 2018-C46 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 down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Largest tenant's lease ends within 12 months
- Modified
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 92% when the loan was securitized to 71%.
- Net operating income is 25% below the underwritten figure ($883K a year against $1.2M).
- Debt service coverage moved from 1.56x at securitization to 1.17x on the latest statements.
- The most recent valuation in the filing is $12.0M (November 26, 2025), against $15.7M at securitization.
- The filing gives Jan 2027 as the lease end date for the largest tenant (Community Health Care), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.6M | 90+ days delinquent | Yes | 1.17x | 71% |
| August 2026 | $9.6M | 90+ days delinquent | Yes | 1.17x | 71% |
| July 2026 | $9.6M | 90+ days delinquent | Yes | 1.17x | 71% |
| June 2026 | $9.6M | 90+ days delinquent | Yes | 1.17x | 71% |
| May 2026 | $9.6M | 90+ days delinquent | Yes | 1.17x | 71% |
| April 2026 | $9.6M | 90+ days delinquent | Yes | 1.17x | 71% |
| March 2026 | $9.6M | 60-89 days delinquent | Yes | 1.17x | 71% |
| February 2026 | $9.6M | 30-59 days delinquent | Yes | 1.17x | 71% |
| January 2026 | $9.6M | Late payment but less than 30 days delinquent | Yes | 1.17x | 71% |
| December 2025 | $10.2M | 90+ days delinquent | Yes | 1.17x | 71% |
| November 2025 | $10.2M | 90+ days delinquent | Yes | 1.17x | 71% |
| October 2025 | $10.2M | 60-89 days delinquent | No | 1.17x | 71% |
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 December 1, 2022, returned to the master servicer October 11, 2023.
- Transferred to the special servicer October 24, 2025, 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 2018-C46 | 25 | $9,574,172 | Sep 2026 | SEC filing, September 29, 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 |
| HomeTowne Studios - Casselberry, FL | Casselberry, FL | Hotel | $17.7M | 5.255% | Aug 2028 | n/a | n/a | 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 |
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.