Hotel portfolio, 7 properties · Multiple locations
Northwest Hotel Portfolio
Public CMBS trusts hold $90.3M of the loan on this portfolio at 5.018% that reaches maturity on April 11, 2028, in 17 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $90,257,492
- Original balance (same notes)
- $113,220,258
- Interest rate
- 5.018% fixed
- Originated
- March 22, 2018
- Maturity
- April 11, 2028
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- January 10, 2028
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 818
- Value at securitization
- $173.5M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.96x | 1.55x |
| Occupancy | 79% | 78% |
| Net operating income | $15.6M | $12.3M |
| Debt yield | 13.7% |
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 BANK 2018-BNK12 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 21% below the underwritten figure ($12.3M a year against $15.6M).
- Debt service coverage moved from 1.96x at securitization to 1.55x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $90.3M | Current | No | 1.55x | 78% |
| August 2026 | $90.5M | Current | No | 1.47x | 71% |
| July 2026 | $90.8M | Current | No | 1.47x | 71% |
| June 2026 | $91.1M | Current | No | 1.47x | 71% |
| May 2026 | $91.4M | Current | No | 1.46x | 69% |
| April 2026 | $91.6M | Current | No | 1.46x | 69% |
| March 2026 | $91.9M | Current | No | 1.51x | 70% |
| February 2026 | $92.2M | Current | No | 1.51x | 70% |
| January 2026 | $92.5M | Current | No | 1.51x | 70% |
| December 2025 | $92.7M | Current | No | 1.59x | 71% |
| November 2025 | $93.0M | Current | No | 1.57x | 72% |
| October 2025 | $93.3M | Current | No | 1.57x | 72% |
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.
Where the loan sits
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2018-BNK11 | 6 | $32,148,028 | Sep 2026 | SEC filing, October 1, 2026 |
| Wells Fargo Commercial Mortgage Trust 2018-C44 | 5 | $31,807,682 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK12 | 8 | $26,301,782 | Sep 2026 | SEC filing, September 29, 2026 |
Other hotel loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Starwood Hotel Portfolio | Hotel | $265.0M | 5.15% | Sep 2028 | 0.93x | 63% | With the special servicer | |
| Philadelphia Marriott Downtown | Philadelphia, PA | Hotel | $205.0M | 8.705% | Nov 2028 | 1.24x | 65% | Current |
| Sheraton Grand Nashville Downtown | Nashville, TN | Hotel | $130.0M | 5.035% | Oct 2028 | n/a | n/a | Current |
| InterContinental San Francisco | San Francisco, CA | Hotel | $91.4M | 4.145% | Jan 2028 | 0.54x | 65% | Current |
| Holiday Inn Fidi | New York, NY | Hotel | $87.0M | 5.12% | Oct 2028 | -0.08x | 38% | Late, less than 30 days |
| Virginia Beach Hotel Portfolio | VA | Hotel | $81.2M | 4.913% | Sep 2028 | 2.18x | 64% | Current |
| Hyatt at Olive 8 | Seattle, WA | Hotel | $78.0M | 4.84% | Apr 2028 | n/a | n/a | Current |
| Renaissance Dallas Addison Hotel | Addison, TX | Hotel | $72.0M | 7.825% | Oct 2028 | 2.61x | 53% | 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.