Hotel · Vail, Colorado
The Sebastian
The Sebastian is financed with a $11.8M CMBS loan at 5.403% that reaches maturity on September 1, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $11,797,900
- Original balance (same notes)
- $13,500,000
- Interest rate
- 5.403% fixed
- Originated
- August 20, 2018
- Maturity
- September 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- October 31, 2020
- Prepayment premium ends
- June 30, 2028 (yield maintenance)
- Master servicer
- KeyBank Real Estate Capital
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 16 Vail Road, Vail, CO 81657
- Units, rooms or beds
- 84
- Built
- 2007, renovated 2014
- Value at securitization
- $26.1M (Mar 2018)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.75x |
| Occupancy | 55% | 52% |
| Net operating income | n/a | $2.5M |
| Debt yield | 21.2% |
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 BENCHMARK 2018-B6 MORTGAGE TRUST filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 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 fallen from 55% when the loan was securitized to 52%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.8M | Not reported | No | 2.75x | 52% |
| August 2026 | $11.8M | Not reported | No | 2.75x | 52% |
| July 2026 | $11.8M | Not reported | No | 2.70x | 52% |
| June 2026 | $11.9M | Not reported | No | 2.45x | 52% |
| May 2026 | $11.9M | Not reported | No | 2.45x | 53% |
| April 2026 | $11.9M | Not reported | No | 3.75x | 53% |
| March 2026 | $11.9M | Not reported | No | 3.75x | 53% |
| February 2026 | $12.0M | Not reported | No | 3.96x | 53% |
| January 2026 | $12.0M | Not reported | No | 3.96x | 53% |
| December 2025 | $12.0M | Not reported | No | 3.96x | 53% |
| November 2025 | $12.0M | Not reported | No | 3.96x | 53% |
| October 2025 | $12.0M | Not reported | No | 2.24x | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2018-B6 MORTGAGE TRUST | 29 | $11,797,900 | Sep 2026 | SEC filing, September 25, 2026 |
Other Colorado loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Re/max Plaza | Denver, CO | Office | $65.5M | 4.681% | Apr 2028 | 3.04x | 100% | Current |
| Shops at Solaris | Vail, CO | Retail | $50.0M | 4.35% | Nov 2028 | 3.66x | 100% | Current |
| Thorncreek Crossing | Thornton, CO | Retail | $30.7M | 4.623% | May 2028 | 2.31x | 99% | Current |
| One Lincoln Station | Lone Tree, CO | Office | $27.0M | 4.805% | Apr 2028 | 0.69x | 76% | Current |
| 3300 East 1st Avenue | Denver, CO | Mixed use | $24.4M | 4.90% | Jun 2028 | 1.83x | 82% | Current |
| The Shops at Solaris | Vail, CO | Retail | $20.0M | 4.35% | Nov 2028 | 3.49x | 100% | Current |
| Hancock Plaza Colorado Springs | Colorado Springs, CO | Retail | $19.9M | 5.43% | Nov 2028 | 1.36x | 93% | Current |
| Guardian Self Storage-Boulder | Boulder, CO | Self storage | $19.2M | 5.39% | Dec 2028 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.