Hotel · Hopewell, Virginia
Stay Over Suites
Stay Over Suites is financed with a $4.3M CMBS loan at 5.96% 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 late, less than 30 days.
The loan
- Balance in tracked trusts
- $4,293,313
- Original balance (same notes)
- $5,260,000
- Interest rate
- 5.96% fixed
- Originated
- February 2, 2018
- Maturity
- February 6, 2028
- Payments
- Amortizing over 25 years
- Prepayment lockout ended
- May 5, 2020
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4115 & 4101 Old Woodlawn Street, Hopewell, VA 23860
- Metro
- Richmond, VA
- Units, rooms or beds
- 108
- Built
- 2007
- Value at securitization
- $8.0M (Jan 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.92x | 3.56x |
| Occupancy | 71% | 76% |
| Net operating income (annualized from 6 months) | $777K | $2.9M |
| Debt yield | 67.8% |
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-CX11 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 71% when the loan was securitized to 76%.
- Net operating income is 274% above the underwritten figure ($2.9M a year against $777K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.92x at securitization to 3.56x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.3M | Late payment but less than 30 days delinquent | No | 3.56x | 76% |
| August 2026 | $4.3M | Current | No | n/a | n/a |
| July 2026 | $4.3M | Current | No | n/a | n/a |
| June 2026 | $4.3M | Current | No | n/a | n/a |
| May 2026 | $4.3M | Current | No | n/a | n/a |
| April 2026 | $4.3M | Current | No | 2.90x | 67% |
| March 2026 | $4.4M | Current | No | 2.90x | 67% |
| February 2026 | $4.4M | Current | No | 2.90x | 67% |
| January 2026 | $4.4M | Current | No | 3.53x | 76% |
| December 2025 | $4.4M | Current | No | 3.53x | 76% |
| November 2025 | $4.4M | Current | No | 3.53x | 76% |
| October 2025 | $4.4M | Current | No | 3.25x | 73% |
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 |
|---|---|---|---|---|
| CSAIL 2018-CX11 Commercial Mortgage Trust | 47 | $4,293,313 | Sep 2026 | SEC filing, September 28, 2026 |
Other Richmond loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Short Pump Town Center | Richmond, VA | Retail | $170.0M | 8.303% | Aug 2028 | 1.77x | 96% | Current |
| Riverfront Plaza | Richmond, VA | Office | $129.2M | 5.066% | May 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Bank of America Center, Richmond | Richmond, VA | Office | $60.5M | 5.03% | Jul 2028 | 1.77x | 79% | With the special servicer |
| Suntrust Center | Richmond, VA | Office | $41.2M | 4.632% | Jun 2028 | 1.23x | 74% | Current |
| Forest Office Park | Richmond, VA | Office | $18.0M | 4.21% | Jan 2028 | 0.27x | 61% | Current |
| Richmond Self Storage | Richmond, VA | Self storage | $6.5M | 7.88% | Sep 2028 | 1.10x | 72% | Current |
| Nelson and Koger Office Buildings | Richmond, VA | Office | $5.3M | 7.70% | Aug 2028 | 1.96x | 76% | Current |
| Kosmo Village Mhc | Glen Allen, VA | Manufactured housing | $3.9M | 5.33% | Jul 2028 | 1.84x | 100% | 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.