Office · Indianapolis, Indiana
Regions Tower
Public CMBS trusts hold $73.0M of the loan on Regions Tower at 4.897% that reached maturity on October 1, 2023, 36 months ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity and not performing.
The loan
- Balance in tracked trusts
- $73,000,000
- Original balance (same notes)
- $73,000,000
- Interest rate
- 4.897% fixed
- Originated
- September 27, 2018
- Maturity
- October 1, 2023
- Payments
- Interest only for the full term
- Prepayment lockout ended
- June 30, 2023
- Master servicer
- Wells Fargo
- Originator
- MSBNA
Status
- Payment status
- Non performing matured balloon. (code 5)
- Special servicing
- Transferred November 1, 2023
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 211 North Pennsylvania Street, Indianapolis, IN 46204
- Metro
- Indianapolis-Carmel-Greenwood, IN
- Rentable area
- 687,928 sq ft
- Built
- 1969, renovated 2017
- Largest tenants
- TAFT STETTINIUS & HOLLISTER LLP; REGIONS BANK; KRIEG DEVAULT LLP
- Value at securitization
- $124.4M (Jun 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.04x | n/a |
| Occupancy | 84% | n/a |
| Net operating income | $7.4M | n/a |
Watch flags
Computed from the Morgan Stanley Capital I Trust 2018-L1 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Past maturity
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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
- The most recent valuation in the filing is $52.4M (February 25, 2026), against $124.4M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| August 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| July 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| June 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| May 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| April 2026 | $64.2M | Non performing matured balloon | Yes | 2.22x | 100% |
| March 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| February 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| January 2026 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| December 2025 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| November 2025 | $73.0M | Non performing matured balloon | Yes | 1.60x | 77% |
| October 2025 | $73.0M | Non performing matured balloon | Yes | 1.60x | 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.
Special-servicing history
- Transferred to the special servicer August 28, 2023, still there.
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2019-BNK16 | 7 | $43,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Morgan Stanley Capital I Trust 2018-L1 | 11 | $30,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
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.