Hotel · San Diego, California
Best Western Seven Seas
Best Western Seven Seas is financed with a $5.8M CMBS loan at 7.348% that reaches maturity on September 6, 2030, in 3 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,750,000
- Original balance (same notes)
- $5,750,000
- Interest rate
- 7.348% fixed
- Originated
- August 8, 2025
- Maturity
- September 6, 2030
- Payments
- Interest only for the full term
- Prepayment premium ends
- March 5, 2030 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- German American Capital Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 411 Hotel Circle South, San Diego, CA 92108
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Units, rooms or beds
- 307
- Built
- 1967
- Value at securitization
- $10.7M (Jun 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.53x | n/a |
| Occupancy | 74% | n/a |
| Net operating income | $1.5M | n/a |
Watch flags
Computed from the Benchmark 2025-V18 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.8M | Current | No | n/a | n/a |
| August 2026 | $5.8M | Current | No | n/a | n/a |
| July 2026 | $5.8M | Current | No | n/a | n/a |
| June 2026 | $5.8M | Current | No | n/a | n/a |
| May 2026 | $5.8M | Current | No | n/a | n/a |
| April 2026 | $5.8M | Current | No | n/a | n/a |
| March 2026 | $5.8M | Current | No | n/a | n/a |
| February 2026 | $5.8M | Current | No | n/a | n/a |
| January 2026 | $5.8M | Current | No | n/a | n/a |
| December 2025 | $5.8M | Current | No | n/a | n/a |
| November 2025 | $5.8M | Current | No | n/a | n/a |
| October 2025 | $5.8M | 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 |
|---|---|---|---|---|
| Benchmark 2025-V18 Mortgage Trust | 45 | $5,750,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| El Camino Real | Encinitas, CA | Office | $84.5M | 4.195% | Oct 2030 | n/a | n/a | Current |
| 501 West Broadway | San Diego, CA | Office | $47.0M | 6.329% | Sep 2030 | 2.30x | 77% | Current |
| Muse at Torrey Pines | San Diego, CA | Mixed use | $45.0M | 5.496% | Mar 2030 | 2.91x | 100% | Current |
| Aladdin Airport Parking | San Diego, CA | Other | $40.0M | 6.845% | Apr 2030 | 2.81x | n/a | Current |
| The Lafayette Hotel | San Diego, CA | Hotel | $35.3M | 5.28% | Aug 2030 | n/a | n/a | Current |
| Technology Place | San Diego, CA | Office | $25.9M | 4.00% | Aug 2030 | 2.21x | 100% | Current |
| 225 Broadway | San Diego, CA | Office | $23.3M | 5.964% | Jul 2030 | 4.92x | 79% | Current |
| Courtyard Marriott Solana Beach | Solana Beach, CA | Hotel | $22.6M | 3.60% | Mar 2030 | 2.77x | 79% | Current |
All loans maturing in 2030 · All San Diego-Chula Vista-Carlsbad 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.