Metro area
Palm Bay-Melbourne-Titusville CMBS loans
The Palm Bay-Melbourne-Titusville, FL metro has 20 loans in public CMBS trusts with $302.4M outstanding. 19.5% of the balance is with a special servicer and 8.1% is delinquent. 4 loans ($81.4M) mature by the end of 2027.
By property type
| Type | Loans | Balance | Special servicing |
|---|---|---|---|
| Hotel | 7 | $163.5M | 36.1% |
| Multifamily | 4 | $63.1M | 0.0% |
| Retail | 4 | $39.8M | 0.0% |
| Office | 3 | $26.0M | 0.0% |
| Manufactured housing | 1 | $5.1M | 0.0% |
| Mixed use | 1 | $4.9M | 0.0% |
Due in the next 12 months
Loans in Palm Bay-Melbourne-Titusville
All 20, largest first.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Melbourne, Melbourne (2027 maturity) | Melbourne, FL | Hotel | $49.7M | 5.061% | Dec 2027 | n/a | n/a | Current |
| Cocoa Grand Apartments | Cocoa, FL | Multifamily | $46.9M | 6.56% | Aug 2029 | 0.89x | 92% | Late, less than 30 days |
| Crowne Plaza Melbourne | Melbourne, FL | Hotel | $34.5M | 5.94% | Nov 2028 | 0.90x | 51% | With the special servicer |
| Hilton Melbourne, Melbourne (2024 maturity) | Melbourne, FL | Hotel | $24.5M | 4.819% | Jun 2024 | n/a | n/a | Past maturity and not performing |
| Courtyard Titusville Kennedy Space Center | Titusville, FL | Hotel | $19.4M | 6.709% | Dec 2035 | n/a | n/a | Current |
| Residence Inn Melbourne | Melbourne, FL | Hotel | $17.8M | 6.00% | Oct 2032 | 1.43x | 78% | Current |
| GE Transportation | Melbourne, FL | Office | $16.3M | 4.92% | Feb 2028 | 3.00x | 94% | Current |
| TownePlace Suites Titusville | Titusville, FL | Hotel | $13.3M | 7.465% | Mar 2030 | n/a | n/a | Current |
| Causeway Shopping Center | Melbourne, FL | Retail | $12.5M | 6.14% | Oct 2030 | n/a | n/a | Current |
| Palm Bay West Shopping Center | Palm Bay, FL | Retail | $11.6M | 3.98% | Nov 2029 | 2.58x | 89% | Current |
| Viera Village Shopping Center | Rockledge, FL | Retail | $9.4M | 3.30% | Sep 2031 | 2.12x | 87% | Current |
| University Village, Melbourne | Melbourne, FL | Multifamily | $8.4M | 4.58% | Jun 2029 | 1.53x | 86% | Current |
| Constellation Commons | Melbourne, FL | Retail | $6.3M | 5.058% | Aug 2028 | 1.57x | 100% | Current |
| Minton Road Professional Center | Palm Bay, FL | Office | $6.1M | 7.51% | Aug 2033 | 1.95x | 100% | Current |
| King Street MHC | Cocoa, FL | Manufactured housing | $5.1M | 6.01% | Mar 2030 | 1.50x | 100% | Current |
| Atlantic Surf Apartments | Cocoa Beach, FL | Multifamily | $5.0M | 4.43% | Jul 2031 | 1.90x | 94% | Current |
| Suntree Healthplex | Melbourne, FL | Mixed use | $4.9M | 5.64% | Jun 2032 | 2.90x | 100% | Current |
| Holiday Inn Express Cocoa Beach | Cocoa, FL | Hotel | $4.4M | 5.38% | Jan 2027 | 3.31x | 82% | Current |
| Fresenius Medical Center Melbourne | Melbourne, FL | Office | $3.6M | 3.98% | Nov 2031 | 2.27x | 100% | Current |
| Sunrise Apartments | Titusville, FL | Multifamily | $2.9M | 4.42% | Sep 2027 | 2.74x | 93% | Current |
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Own a Palm Bay-Melbourne-Titusville property with a maturing CMBS loan?
Send the loan to Janover Capital to talk through a refinance or recapitalization.