Metro area
Crestview-Fort Walton Beach-Destin CMBS loans
The Crestview-Fort Walton Beach-Destin, FL metro has 16 loans in public CMBS trusts with $475.9M outstanding. 12.8% of the balance is with a special servicer and 12.8% is delinquent. 3 loans ($18.0M) mature by the end of 2027.
By property type
| Type | Loans | Balance | Special servicing |
|---|---|---|---|
| Hotel | 6 | $184.7M | 0.0% |
| Retail | 3 | $145.8M | 0.0% |
| Multifamily | 2 | $108.7M | 55.9% |
| Self storage | 2 | $17.9M | 0.0% |
| Mixed use | 1 | $11.8M | 0.0% |
| Manufactured housing | 1 | $4.8M | 0.0% |
| Office | 1 | $2.4M | 0.0% |
Due in the next 12 months
Loans in Crestview-Fort Walton Beach-Destin
All 16, largest first.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Silver Sands Premium Outlets | Miramar Beach, FL | Retail | $140.0M | 3.959% | Mar 2032 | 3.51x | 78% | Current |
| Hilton Sandestin Beach Resort | Miramar Beach, FL | Hotel | $120.0M | 4.62% | May 2032 | 3.74x | 66% | Current |
| Estates at Palm Bay | Fort Walton Beach, FL | Multifamily | $60.7M | 6.55% | Sep 2029 | 1.24x | 92% | With the special servicer and 90+ days delinquent |
| Coastline Apartments | Fort Walton Beach, FL | Multifamily | $48.0M | 5.753% | Feb 2029 | n/a | n/a | Current |
| Courtyard Sandestin | Miramar Beach, FL | Hotel | $16.3M | 5.90% | Jul 2032 | 2.60x | 79% | Current |
| Embassy Suites Destin | Destin, FL | Hotel | $15.5M | 6.88% | May 2030 | 2.12x | 77% | Current |
| Residence Inn Sandestin | Destin, FL | Hotel | $13.7M | 5.99% | Jul 2032 | 1.97x | 79% | Current |
| Townplace Suites - Fort Walton Beach | Fort Walton Beach, FL | Hotel | $12.2M | 5.246% | Jan 2027 | 2.13x | 78% | Current |
| Market Shops at Sandestin | Miramar Beach, FL | Mixed use | $11.8M | 4.923% | Sep 2028 | 2.19x | 100% | Current |
| Freedom Self Storage, Fort Walton Beach | Fort Walton Beach, FL | Self storage | $11.7M | 3.57% | Oct 2031 | 1.89x | 70% | Current |
| Fairfield Inn & Suites - Crestview | Crestview, FL | Hotel | $7.1M | 4.27% | Mar 2030 | 2.56x | 77% | Current |
| Spacebox Storage - Niceville | Niceville, FL | Self storage | $6.2M | 4.34% | Jul 2030 | 1.27x | 80% | Current |
| Sunset King Lake | DeFuniak Springs, FL | Manufactured housing | $4.8M | 7.80% | Jun 2029 | 0.71x | 32% | Current |
| Island Palm Shoppes | Destin, FL | Retail | $4.1M | 4.73% | Aug 2027 | 2.00x | 100% | Current |
| Offices on Grand Boulevard | Miramar Beach, FL | Office | $2.4M | 4.915% | Jan 2029 | 4.81x | 94% | Current |
| Runway Plaza | Destin, FL | Retail | $1.7M | 4.73% | Aug 2027 | 2.29x | 100% | Current |
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