Hotel · Birmingham, Alabama
Redmont Hotel Curio
Redmont Hotel Curio is financed with a $16.2M CMBS loan at 5.291% that reaches maturity on November 6, 2027, in 12 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,237,834
- Original balance (same notes)
- $19,000,000
- Interest rate
- 5.291% fixed
- Originated
- October 26, 2017
- Maturity
- November 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- August 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Ladder Capital Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred October 19, 2021, returned April 6, 2022
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 2101 5th Avenue North, Birmingham, AL 35203
- Metro
- Birmingham, AL
- Units, rooms or beds
- 120
- Built
- 1925, renovated 2016
- Value at securitization
- $31.8M (Sep 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.90x | 1.05x |
| Occupancy | 76% | 65% |
| Net operating income | $2.4M | $1.3M |
| Debt yield | 8.2% |
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 2017-C41 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 65%.
- Net operating income is 45% below the underwritten figure ($1.3M a year against $2.4M).
- Debt service coverage moved from 1.90x at securitization to 1.05x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.2M | Current | No | 1.05x | 65% |
| August 2026 | $16.3M | Current | No | 1.04x | 67% |
| July 2026 | $16.3M | Current | No | 1.04x | 67% |
| June 2026 | $16.3M | Current | No | 1.04x | 67% |
| May 2026 | $16.4M | Current | No | 0.93x | 66% |
| April 2026 | $16.4M | Current | No | 0.93x | 66% |
| March 2026 | $16.4M | Current | No | 0.78x | 65% |
| February 2026 | $16.5M | Current | No | 0.78x | 65% |
| January 2026 | $16.5M | Current | No | 0.78x | 65% |
| December 2025 | $16.5M | Current | No | 0.78x | 65% |
| November 2025 | $16.6M | Current | No | 0.37x | 64% |
| October 2025 | $16.6M | Current | No | 0.37x | 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.
Special-servicing history
- Transferred to the special servicer October 19, 2021, returned to the master servicer April 6, 2022.
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 2017-C41 | 15 | $16,237,834 | Sep 2026 | SEC filing, September 29, 2026 |
Other Birmingham loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Summit Birmingham | Birmingham, AL | Retail | $208.0M | 4.762% | Jan 2027 | 2.10x | 93% | Current |
| Southbridge Office Park | Birmingham, AL | Office | $16.8M | 4.39% | Apr 2027 | 1.35x | 67% | Current |
| The Shoppes At Letson Farms | Bessemer, AL | Retail | $7.8M | 5.40% | Jan 2027 | n/a | n/a | Current |
| Homewood Commons | Birmingham, AL | Retail | $7.7M | 4.558% | Dec 2027 | 1.78x | 76% | Current |
| Center Point Shopping Center | Birmingham, AL | Retail | $4.4M | 4.52% | Oct 2027 | 1.96x | 93% | 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.