Hotel portfolio, 3 properties · Florida
B.F. Saul Hotel Portfolio
This portfolio is financed with a $15.4M CMBS loan at 5.12% that reaches maturity on April 11, 2027, in 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,387,742
- Original balance (same notes)
- $20,000,000
- Interest rate
- 5.12% fixed
- Originated
- March 13, 2017
- Maturity
- April 11, 2027
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- January 10, 2027
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 331
- Value at securitization
- $38.2M
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.27x | 1.90x |
| Occupancy | 81% | 79% |
| Net operating income | $3.2M | $2.7M |
| Debt yield | 17.5% |
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 2017-BNK4 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- Matures within 12 months
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 ($2.7M a year against $3.2M).
- Debt service coverage moved from 2.27x at securitization to 1.90x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.4M | Current | No | 1.90x | 79% |
| August 2026 | $15.4M | Current | No | 1.43x | 77% |
| July 2026 | $15.5M | Current | No | 1.43x | 77% |
| June 2026 | $15.5M | Current | No | 1.43x | 77% |
| May 2026 | $15.6M | Current | No | 1.38x | 75% |
| April 2026 | $15.6M | Current | No | 1.38x | 75% |
| March 2026 | $15.7M | Current | No | 1.38x | 75% |
| February 2026 | $15.7M | Current | No | 1.38x | 75% |
| January 2026 | $15.8M | Current | No | 1.38x | 75% |
| December 2025 | $15.8M | Current | No | 1.34x | 74% |
| November 2025 | $15.9M | Current | No | 1.34x | 74% |
| October 2025 | $15.9M | Current | No | 1.34x | 74% |
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 2017-BNK4 | 19 | $15,387,742 | Sep 2026 | SEC filing, September 29, 2026 |
Other Florida loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hyatt Regency Jacksonville | Jacksonville, FL | Hotel | $73.6M | 6.868% | Oct 2027 | 4.47x | 72% | Current |
| Hilton Melbourne, Melbourne (2027 maturity) | Melbourne, FL | Hotel | $49.7M | 5.061% | Dec 2027 | n/a | n/a | Current |
| Lexington | Orlando, FL | Office | $34.5M | 5.52% | Jan 2027 | 2.29x | 87% | Current |
| 501 Riverside Avenue | Jacksonville, FL | Office | $28.4M | 4.27% | Jul 2027 | 2.16x | 98% | Current |
| Holiday Inn Miami Beach | Miami Beach, FL | Hotel | $26.0M | 4.44% | Mar 2027 | 2.41x | 76% | Current |
| Royal Oaks Plaza | Miami Lakes, FL | Retail | $24.6M | 4.606% | Feb 2027 | 2.32x | 92% | Current |
| Doubletree Orlando | Orlando, FL | Hotel | $22.7M | 4.748% | Sep 2027 | 1.34x | 64% | With the special servicer and 60-89 days delinquent |
| Hampton Inn & Suites - Ft. Myers Beach | Fort Myers Beach, FL | Hotel | $22.4M | 4.71% | Aug 2027 | n/a | n/a | Current |
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.