Geometry in sublevel created with "Load Level Instance" ignores level transform

Geometry in sublevel created with "Load Level Instance" ignores level transform. Other objects, such as Static meshes are affected by the transform. This issue is not a regression.

Versions tested: This issue occurs in all versions
4.16.3 - CL: 3561208
4.17.2 - CL: 3586342
4.18.P2 - CL: 3660543

1. Create a new project ( No template or starter content needed)
2. Create a new empty location
3. Add a static mesh to the level > Set the location of the mesh to 0,0,0
4. add a geometry cube to the level > Set the location of the mesh to 0,0,500
5. Save The level as SteamLvl
6. Create a new default level > Open the level blueprint
7. On the event begin play node add a Load Level Instance node
8. For the Level name add "StreamLvl"
9. Split the pins for both Location and Rotation
10. For the Y value for Location set the value to 2500
11. Compile and save the level blueprint
12. PIE
    Result: The static mesh is affected by the transform, but the geometry is not
    Expected result: Both the static mesh and geometry are affected by the transform