Hotel · Mission Viejo, California
Ayres Hotel Spa Mission Viejo
Ayres Hotel Spa Mission Viejo is financed with a $6.4M CMBS loan at 3.32% that reaches maturity on March 1, 2030, in 3 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,413,293
- Original balance (same notes)
- $7,850,000
- Interest rate
- 3.32% fixed
- Originated
- February 19, 2020
- Maturity
- March 1, 2030
- Payments
- Amortizing over 25 years
- Prepayment lockout ended
- February 28, 2022
- Prepayment premium ends
- November 30, 2029 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 28951 Los Alisos Boulevard, Mission Viejo, CA 92692
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Units, rooms or beds
- 90
- Built
- 2009, renovated 2018
- Value at securitization
- $13.7M (Nov 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.80x | 1.93x |
| Occupancy | 78% | 73% |
| Net operating income | $1.3M | $894K |
| Debt yield | 13.9% |
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 BANK 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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
- Occupancy has fallen from 78% when the loan was securitized to 73%.
- Net operating income is 31% below the underwritten figure ($894K a year against $1.3M).
- Debt service coverage moved from 2.80x at securitization to 1.93x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.4M | Current | No | 1.93x | 73% |
| August 2026 | $6.4M | Current | No | 1.93x | 73% |
| July 2026 | $6.5M | Current | No | 1.92x | 79% |
| June 2026 | $6.5M | Current | No | 1.92x | 79% |
| May 2026 | $6.5M | Current | No | 1.92x | 79% |
| April 2026 | $6.5M | Current | No | 2.06x | 77% |
| March 2026 | $6.5M | Current | No | 2.06x | 77% |
| February 2026 | $2.7M | Current | No | n/a | n/a |
| January 2026 | $6.6M | Current | No | 2.24x | 77% |
| December 2025 | $6.6M | Current | No | 2.24x | 77% |
| November 2025 | $6.6M | Current | No | 2.24x | 77% |
| October 2025 | $6.6M | Current | No | 2.33x | 77% |
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 |
|---|---|---|---|---|
| BANK 2020-BNK26 | 39 | $6,413,293 | Sep 2026 | SEC filing, October 1, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Amazon LAX | Los Angeles, CA | Industrial | $116.3M | 5.509% | Dec 2030 | 1.73x | 100% | Current |
| Amazon West LA | Los Angeles, CA | Retail | $75.0M | 2.77% | Nov 2030 | 4.55x | 100% | Current |
| City National Plaza | Los Angeles, CA | Office | $70.0M | 2.44% | Apr 2030 | 4.53x | 81% | Current |
| Koreatown Plaza | Los Angeles, CA | Retail | $70.0M | 6.03% | Dec 2030 | n/a | n/a | Current |
| 29903 Agoura Property | Agoura, CA | Office | $67.2M | 4.193% | Feb 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Equinox Sports Club La | Los Angeles, CA | Retail | $66.4M | 6.717% | Jul 2030 | 1.46x | 100% | Current |
| Century Business Center | Hawthorne, CA | Industrial | $63.2M | 6.635% | Jun 2030 | n/a | n/a | Current |
| Figueroa Tower | Los Angeles, CA | Office | $53.6M | 7.519% | Jan 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Los Angeles-Long Beach-Anaheim 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.