Hotel · State College, Pennsylvania
Best Western State College
Best Western State College is financed with a $5.9M CMBS loan at 5.25% that reaches maturity on February 6, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,930,954
- Original balance (same notes)
- $6,750,000
- Interest rate
- 5.25% fixed
- Originated
- January 9, 2019
- Maturity
- February 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- December 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred July 14, 2020, returned February 14, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 6, 2020
- Defeasance
- None reported
The property
- Address
- 115 Premiere Drive, State College, PA 16801
- Units, rooms or beds
- 79
- Built
- 2009
- Value at securitization
- $10.4M (Nov 2018)
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 1.91x | 1.77x |
| Occupancy | 65% | 63% |
| Net operating income | $855K | $790K |
| Debt yield | 13.3% |
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 BENCHMARK 2019-B9 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Modified
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 8% below the underwritten figure ($790K a year against $855K).
- Debt service coverage moved from 1.91x at securitization to 1.77x on the latest statements.
- The most recent valuation in the filing is $6.5M (September 1, 2020), against $10.4M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $5.9M | Current | No | 1.77x | 63% |
| August 2026 | $5.9M | Current | No | 1.77x | 63% |
| July 2026 | $6.0M | Current | No | 1.77x | 63% |
| June 2026 | $6.0M | Current | No | 1.77x | 63% |
| May 2026 | $6.0M | Current | No | 1.77x | 63% |
| April 2026 | $6.0M | Current | No | 1.77x | 63% |
| March 2026 | $6.0M | Current | No | 1.77x | 63% |
| February 2026 | $6.0M | Current | No | 1.77x | 63% |
| January 2026 | $6.0M | Current | No | 1.77x | 63% |
| December 2025 | $6.0M | Current | No | 1.77x | 63% |
| November 2025 | $6.0M | Current | No | 1.77x | 63% |
| October 2025 | $6.0M | Current | No | 1.77x | 63% |
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.
Special-servicing history
- Transferred to the special servicer July 14, 2020, returned to the master servicer February 14, 2022.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2019-B9 MORTGAGE TRUST | 40 | $5,930,954 | Sep 2026 | SEC filing, September 30, 2026 |
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.