Hotel portfolio, 3 properties · Chicago, Illinois
Willows Hotel Chicago
This portfolio is financed with a $20.7M CMBS loan at 5.155% that reaches maturity on January 6, 2028, in 14 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $20,730,632
- Original balance (same notes)
- $24,250,000
- Interest rate
- 5.155% fixed
- Originated
- December 12, 2017
- Maturity
- January 6, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- October 5, 2027
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 30, 2020, returned February 23, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently April 6, 2020
- Defeasance
- None reported
The property
- Address
- 555 West Surf Street, Chicago, IL 60657
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Value at securitization
- $44.3M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $2.7M | $5.4M |
| Debt yield | 26.1% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 2026.
- Modified
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
- Net operating income is 98% above the underwritten figure ($5.4M a year against $2.7M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Willows Hotel Chicago | Chicago, IL | Lodging | 61% | 1.35x |
| Majestic Hotel Chicago | Chicago, IL | Lodging | 63% | 1.73x |
| City Suites Hotel | Chicago, IL | Lodging | 76% | 2.08x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $20.7M | Current | No | 1.35x | 61% |
| August 2026 | $20.8M | Current | No | n/a | n/a |
| July 2026 | $20.8M | Current | No | n/a | n/a |
| June 2026 | $20.9M | Current | No | n/a | n/a |
| May 2026 | $20.9M | Current | No | n/a | n/a |
| April 2026 | $20.9M | Current | No | 1.60x | n/a |
| March 2026 | $21.0M | Current | No | 1.60x | n/a |
| February 2026 | $21.0M | Current | No | 1.75x | 66% |
| January 2026 | $21.1M | Current | No | 1.75x | 66% |
| December 2025 | $21.1M | Current | No | 1.75x | 66% |
| November 2025 | $21.1M | Current | No | 0.96x | 66% |
| October 2025 | $21.2M | Current | No | 0.96x | 59% |
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 June 30, 2020, returned to the master servicer February 23, 2022.
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2 | 17 | $20,730,632 | Sep 2026 | SEC filing, September 25, 2026 |
Other Chicago-Naperville-Elgin loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 333 S Wabash | Chicago, IL | Office | $99.7M | 3.53% | Sep 2028 | 1.70x | 81% | Current |
| Westbrook Corporate Center | Westchester, IL | Office | $86.4M | 4.86% | Jun 2028 | 1.30x | 68% | With the special servicer and 90+ days delinquent |
| Continental Towers | Rolling Meadows, IL | Office | $84.5M | 4.75% | Sep 2028 | 0.31x | 53% | With the special servicer and 90+ days delinquent |
| Executive Towers West | Downers Grove, IL | Office | $54.2M | 4.85% | Aug 2028 | 1.23x | 63% | Current |
| The Buckingham | Chicago, IL | Multifamily | $42.3M | 5.522% | Aug 2028 | 1.18x | n/a | With the special servicer and 90+ days delinquent |
| Oak Creek Center | Lombard, IL | Office | $34.6M | 4.80% | Mar 2028 | n/a | n/a | Current |
| One Parkway North Fee | Deerfield, IL | Other | $24.5M | 4.282% | Jan 2028 | 1.91x | 81% | With the special servicer and 90+ days delinquent |
| Shops at Fox River | McHenry, IL | Retail | $19.9M | 4.565% | May 2028 | 2.59x | 88% | Current |
All loans maturing in 2028 · All Chicago-Naperville-Elgin loans
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.