Hotel · Orlando, Florida
Orlando Airport Marriott Lakeside
Public CMBS trusts hold $59.0M of the loan on Orlando Airport Marriott Lakeside at 5.201% that reaches maturity on June 6, 2028, in 19 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $59,048,585
- Original balance (same notes)
- $71,954,455
- Interest rate
- 5.201% fixed
- Originated
- May 15, 2018
- Maturity
- June 6, 2028
- Payments
- Amortizing over 26 years
- Prepayment lockout ends
- March 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- AREF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 7499 Augusta National Drive, Orlando, FL 32822
- Metro
- Orlando-Kissimmee-Sanford, FL
- Units, rooms or beds
- 485
- Built
- 1983, renovated 2018
- Value at securitization
- $103.1M (Apr 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.96x | 4.38x |
| Occupancy | 73% | 87% |
| Net operating income (annualized from 3 months) | $9.9M | $22.5M |
| Debt yield | 38.1% |
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 CSAIL 2018-CX12 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Occupancy has risen from 73% when the loan was securitized to 87%.
- Net operating income is 127% above the underwritten figure ($22.5M a year against $9.9M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.96x at securitization to 4.38x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $59.0M | Current | No | 4.38x | 87% |
| August 2026 | $59.2M | Current | No | 4.38x | 87% |
| July 2026 | $59.4M | Current | No | 2.58x | 82% |
| June 2026 | $59.5M | Current | No | 2.58x | 82% |
| May 2026 | $59.7M | Current | No | 2.58x | 82% |
| April 2026 | $59.8M | Current | No | 2.58x | 82% |
| March 2026 | $60.0M | Current | No | 2.58x | 82% |
| February 2026 | $60.2M | Current | No | 2.83x | 82% |
| January 2026 | $60.3M | Late payment but less than 30 days delinquent | No | 2.83x | 82% |
| December 2025 | $60.5M | Current | No | 2.83x | 82% |
| November 2025 | $60.6M | Current | No | 3.45x | 86% |
| October 2025 | $60.8M | Current | No | 3.45x | 86% |
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 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2018-C11 | 5 | $28,704,173 | Sep 2026 | SEC filing, September 28, 2026 |
| Morgan Stanley Capital I Trust 2018-H3 | 11 | $8,201,193 | Sep 2026 | SEC filing, October 2, 2026 |
| Morgan Stanley Capital I Trust 2018-H3 | 11A | $8,201,193 | Sep 2026 | SEC filing, October 2, 2026 |
| Morgan Stanley Capital I Trust 2018-H3 | 11B | $8,201,193 | Sep 2026 | SEC filing, October 2, 2026 |
| CSAIL 2018-CX12 Commercial Mortgage Trust | 27 | $5,740,834 | Sep 2026 | SEC filing, September 28, 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 |
| 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 |
| Staybridge Suites Orlando Airport South | Orlando, FL | Hotel | $11.8M | 5.145% | Jul 2028 | 1.67x | 86% | 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.