Self storage · Killeen, Texas
Rancier Mini Storage
Rancier Mini Storage is financed with a $1.7M CMBS loan at 4.80% that reaches maturity on December 11, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,688,895
- Original balance (same notes)
- $1,950,000
- Interest rate
- 4.80% fixed
- Originated
- November 28, 2017
- Maturity
- December 11, 2027
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ends
- September 10, 2027
- 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
- Address
- 1003 North 38th Street, Killeen, TX 76543
- Metro
- Killeen-Temple, TX
- Rentable area
- 47,794 sq ft
- Units, rooms or beds
- 352
- Built
- 1985
- Value at securitization
- $2.8M (Sep 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.52x | 1.67x |
| Occupancy | 91% | 75% |
| Net operating income (annualized from 6 months) | $186K | $207K |
| Debt yield | 12.3% |
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.
- Occupancy down 10 points 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 91% when the loan was securitized to 75%.
- Net operating income is 11% above the underwritten figure ($207K a year against $186K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.52x at securitization to 1.67x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $1.7M | Current | No | 1.67x | 75% |
| August 2026 | $1.7M | Current | No | 1.71x | 74% |
| July 2026 | $1.7M | Current | No | 1.71x | 74% |
| June 2026 | $1.7M | Current | No | 1.71x | 74% |
| May 2026 | $1.7M | Current | No | 1.56x | 78% |
| April 2026 | $1.7M | Current | No | 1.56x | 78% |
| March 2026 | $1.7M | Current | No | 1.56x | 78% |
| February 2026 | $1.7M | Current | No | 1.56x | 78% |
| January 2026 | $1.7M | Current | No | 1.57x | 80% |
| December 2025 | $1.7M | Current | No | 1.57x | 80% |
| November 2025 | $1.7M | Current | No | 1.50x | 77% |
| October 2025 | $1.7M | Current | No | 1.50x | 77% |
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 | 61 | $1,688,895 | Sep 2026 | SEC filing, September 29, 2026 |
Other Killeen-Temple loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| South Loop Shopping Center | Temple, TX | Retail | $3.5M | 4.16% | Jul 2027 | 1.19x | 58% | 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.