Hotel portfolio, 2 properties · Alabama
Oxford Alabama Hotel Portfolio
This portfolio is financed with a $10.3M CMBS loan at 4.98% that reaches maturity on February 6, 2028, in 15 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,281,737
- Original balance (same notes)
- $13,000,000
- Interest rate
- 4.98% fixed
- Originated
- January 22, 2018
- Maturity
- February 6, 2028
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- September 5, 2027
- Master servicer
- Trimont LLC
- Originator
- BSPRT Finance, LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 173
- Value at securitization
- $21.3M (Dec 2017)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.88x | 1.42x |
| Occupancy | 76% | 59% |
| Net operating income | $1.7M | $1.3M |
| Debt yield | 12.6% |
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-C43 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points 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
- Occupancy has fallen from 76% when the loan was securitized to 59%.
- Net operating income is 25% below the underwritten figure ($1.3M a year against $1.7M).
- Debt service coverage moved from 1.88x at securitization to 1.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.3M | Current | No | 1.42x | 59% |
| August 2026 | $10.3M | Current | No | 1.42x | 59% |
| July 2026 | $10.3M | Current | No | 1.42x | 59% |
| June 2026 | $10.4M | Current | No | 1.42x | 59% |
| May 2026 | $10.4M | Current | No | 1.42x | 59% |
| April 2026 | $10.4M | Current | No | 1.43x | 60% |
| March 2026 | $10.5M | Current | No | 1.43x | 60% |
| February 2026 | $10.5M | Current | No | 1.43x | 60% |
| January 2026 | $10.6M | Late payment but less than 30 days delinquent | No | 1.43x | 60% |
| December 2025 | $10.6M | Current | No | 1.72x | 64% |
| November 2025 | $10.6M | Current | No | 1.72x | 64% |
| October 2025 | $10.6M | Current | No | 1.72x | 64% |
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C43 | 18 | $10,281,737 | Sep 2026 | SEC filing, September 29, 2026 |
Other Alabama loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Alabama Hotel Portfolio | AL | Hotel | $38.5M | 7.35% | Jun 2028 | 1.38x | 69% | Current |
| Oxford Exchange | Oxford, AL | Retail | $31.9M | 4.662% | Jan 2028 | 1.99x | 95% | Current |
| Westin & Element - Huntsville | Huntsville, AL | Hotel | $25.0M | 4.745% | Oct 2028 | 3.97x | 70% | Current |
| 2960 John Hawkins Parkway | Birmingham, AL | Hotel | $20.0M | 4.45% | Jul 2028 | n/a | n/a | Current |
| Best Western Premier Tides Hotel - Orange Beach | Orange Beach, AL | Hotel | $15.0M | 5.698% | Nov 2028 | 1.88x | 76% | Current |
| Patchwork Farms Shopping Center | Birmingham, AL | Retail | $14.8M | 4.516% | Mar 2028 | 2.03x | 100% | Current |
| Baldwin Square Shopping Center | Fairhope, AL | Retail | $8.6M | 5.245% | Aug 2028 | 2.10x | 100% | Current |
| Gallery Shopping Center | Huntsville, AL | Retail | $8.3M | 4.90% | Apr 2028 | 1.97x | 95% | 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.