Hotel portfolio, 2 properties · Philadelphia, Pennsylvania
3701 Island Avenue
This portfolio is financed with a $33.0M CMBS loan at 7.606% that reaches maturity on August 6, 2030, in 3 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $33,000,000
- Original balance (same notes)
- $33,000,000
- Interest rate
- 7.606% fixed
- Originated
- July 17, 2025
- Maturity
- August 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 5, 2030
- Master servicer
- Midland
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3701 Island Avenue, Philadelphia, PA 19153
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Value at securitization
- $57.8M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $4.8M | $4.0M |
| Debt yield | 12.1% |
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 BBCMS Mortgage Trust 2025-5C37 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
What the filing shows
- Net operating income is 16% below the underwritten figure ($4.0M a year against $4.8M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 3701 Island Avenue | Philadelphia, PA | Lodging | 88% | 1.30x |
| Shaner Philadelphia Airport Portfolio | Ridley Park, PA | Lodging | 76% | 2.10x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $33.0M | Current | No | 1.30x | 88% |
| August 2026 | $33.0M | Current | No | 1.30x | 88% |
| July 2026 | $33.0M | Current | No | 1.30x | 88% |
| June 2026 | $33.0M | Current | No | n/a | n/a |
| May 2026 | $33.0M | Current | No | n/a | n/a |
| April 2026 | $33.0M | Current | No | n/a | n/a |
| March 2026 | $33.0M | Current | No | n/a | n/a |
| February 2026 | $33.0M | Current | No | n/a | n/a |
| January 2026 | $33.0M | Current | No | n/a | n/a |
| December 2025 | $33.0M | Current | No | n/a | n/a |
| November 2025 | $33.0M | Current | No | n/a | n/a |
| October 2025 | $33.0M | Current | No | n/a | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-5C37 | 6 | $33,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Liberty Square Apartments | Philadelphia, PA | Multifamily | $70.0M | 6.385% | Nov 2030 | 1.25x | n/a | Current |
| 161 Washington Street | Conshohocken, PA | Office | $54.0M | 6.302% | Sep 2030 | n/a | n/a | Current |
| Bristol Gardens | Bristol, PA | Multifamily | $46.0M | 6.25% | Jul 2030 | 1.31x | 94% | Current |
| GM Holdings Portfolio | Philadelphia, PA | Multifamily | $46.0M | 7.055% | Apr 2030 | 1.33x | 91% | With the special servicer and 90+ days delinquent |
| Axalta Navy Yard | Philadelphia, PA | Office | $36.7M | 3.632% | Feb 2030 | 3.45x | 100% | Current |
| Hilton Christiana | Newark, DE | Hotel | $35.0M | 6.845% | Dec 2030 | 1.78x | 72% | Current |
| Whiteland Towne Center | Exton, PA | Retail | $34.4M | 4.00% | Feb 2030 | 1.32x | 92% | Current |
| Corner 2nd | Philadelphia, PA | Mixed use | $28.8M | 6.63% | Jan 2030 | 1.34x | n/a | Current |
All loans maturing in 2030 · All Philadelphia-Camden-Wilmington 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.