Hotel · Saint Charles, Missouri
The Charles Hotel
The Charles Hotel is financed with a $5.3M CMBS loan at 4.32% that reaches maturity on October 5, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,334,442
- Original balance (same notes)
- $6,623,000
- Interest rate
- 4.32% fixed
- Originated
- September 23, 2016
- Maturity
- October 5, 2026
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- January 4, 2019
- Prepayment premium ends
- July 4, 2026
- Master servicer
- Trimont LLC
- Originator
- Natixis
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 17, 2020, returned September 23, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 1425 South 5th Street, Saint Charles, MO 63301
- Metro
- St. Louis, MO-IL
- Units, rooms or beds
- 133
- Built
- 1966, renovated 2013
- Value at securitization
- $10.8M (Aug 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.40x | -0.31x |
| Occupancy | 78% | 41% |
| Net operating income | $947K | $-122K |
| Debt yield | -2.3% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the CSMC 2016-NXSR Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Past maturity
On the cmbs.news watch list in every report since July 2026.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 78% when the loan was securitized to 41%.
- Net operating income is 113% below the underwritten figure ($-122K a year against $947K).
- Debt service coverage moved from 2.40x at securitization to -0.31x on the latest statements.
- At -0.31x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.3M | Current | No | -0.31x | 41% |
| August 2026 | $5.3M | Current | No | 0.94x | 65% |
| July 2026 | $5.4M | Current | No | 0.94x | 65% |
| June 2026 | $5.4M | Current | No | 1.70x | 68% |
| May 2026 | $5.4M | Current | No | 1.70x | 68% |
| April 2026 | $5.4M | Current | No | 1.70x | 68% |
| March 2026 | $5.4M | Current | No | 1.70x | 68% |
| February 2026 | $5.4M | Current | No | 1.73x | 69% |
| January 2026 | $5.4M | Current | No | 1.73x | 69% |
| December 2025 | $5.5M | Current | No | 1.73x | 69% |
| November 2025 | $5.5M | Current | No | 1.64x | 69% |
| October 2025 | $5.5M | Current | No | 1.64x | 69% |
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 April 17, 2020, returned to the master servicer September 23, 2020.
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 |
|---|---|---|---|---|
| CSMC 2016-NXSR Commercial Mortgage Trust | 25 | $5,334,442 | Sep 2026 | SEC filing, September 28, 2026 |
Other St. Louis loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Walgreens - Saint Louis | Saint Louis, MO | Retail | $30.1M | 4.593% | Dec 2026 | n/a | n/a | Current |
| KB St. Louis Dialysis Portfolio | Various, MO | Office | $4.8M | 4.859% | Nov 2026 | 1.76x | 100% | Late, less than 30 days |
| Walgreens - St. Louis | Northwoods, MO | Retail | $3.7M | 4.61% | Dec 2026 | 1.55x | 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.