Industrial · Austin, Texas
The Yard
The Yard is financed with a $9.9M CMBS loan at 4.17% 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 current.
The loan
- Balance in tracked trusts
- $9,880,133
- Original balance (same notes)
- $11,000,000
- Interest rate
- 4.17% fixed
- Originated
- January 17, 2018
- Maturity
- February 6, 2028
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- May 5, 2020
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 440-510 E St Elmo Road, Austin, TX 78745
- Metro
- Austin-Round Rock-San Marcos, TX
- Rentable area
- 134,948 sq ft
- Units, rooms or beds
- 26
- Built
- 1974, renovated 2016
- Largest tenants
- Allen Control Systems; Still Austin Distillery, LLC.; ICON Technology, Inc.
- Value at securitization
- $20.0M (Dec 2017)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.55x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $1.6M | n/a |
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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.9M | Current | No | n/a | n/a |
| August 2026 | $9.9M | Current | No | n/a | n/a |
| July 2026 | $9.9M | Current | No | n/a | n/a |
| June 2026 | $9.9M | Current | No | n/a | n/a |
| May 2026 | $10.0M | Current | No | n/a | n/a |
| April 2026 | $10.0M | Current | No | 5.30x | 100% |
| March 2026 | $10.0M | Current | No | 5.30x | 100% |
| February 2026 | $10.0M | Current | No | 5.10x | n/a |
| January 2026 | $10.0M | Current | No | 5.10x | n/a |
| December 2025 | $10.0M | Current | No | 5.10x | n/a |
| November 2025 | $10.1M | Current | No | 5.10x | n/a |
| October 2025 | $10.1M | Current | No | 5.03x | n/a |
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 | 31 | $9,880,133 | Sep 2026 | SEC filing, September 28, 2026 |
Other Austin-Round Rock-San Marcos loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Starburst Apartments | Austin, TX | Multifamily | $110.0M | 7.37% | May 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| 13785 Research Boulevard | Austin, TX | Office | $65.0M | 5.215% | Mar 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| 801 Barton Springs | Austin, TX | Office | $34.5M | 4.015% | May 2028 | 0.55x | 100% | Current |
| Staybridge Suites - Austin Airport | Austin, TX | Hotel | $10.5M | 8.12% | Nov 2028 | n/a | n/a | With the special servicer |
| Homewood Suites San Marcos | San Marcos, TX | Hotel | $10.0M | 6.83% | Dec 2028 | 1.71x | 72% | Current |
| Staybridge Suites Austin | Austin, TX | Hotel | $10.0M | 5.17% | Jul 2028 | n/a | n/a | Current |
| South Brook Town Center | Austin, TX | Retail | $6.9M | 5.058% | Oct 2028 | 1.64x | 100% | Late, less than 30 days |
| Norwood Park | Austin, TX | Retail | $5.5M | 5.19% | May 2028 | 1.74x | 88% | Current |
All loans maturing in 2028 · All Austin-Round Rock-San Marcos loans
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.