Hotel portfolio, 2 properties · Colorado
Colorado Springs Hotel Portfolio
This portfolio is financed with a $15.0M CMBS loan at 4.61% that reaches maturity on December 6, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,000,000
- Original balance (same notes)
- $15,000,000
- Interest rate
- 4.61% fixed
- Originated
- November 20, 2017
- Maturity
- December 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 198
- Value at securitization
- $29.9M (Sep 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 4.20x | 3.32x |
| Occupancy | 85% | 69% |
| Net operating income | $2.9M | $2.3M |
| Debt yield | 15.5% |
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 Morgan Stanley Capital I Trust 2017-HR2 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points 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 85% when the loan was securitized to 69%.
- Net operating income is 21% below the underwritten figure ($2.3M a year against $2.9M).
- Debt service coverage moved from 4.20x at securitization to 3.32x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.0M | Current | No | 3.32x | 69% |
| August 2026 | $15.0M | Current | No | 3.32x | 69% |
| July 2026 | $15.0M | Current | No | 3.32x | 69% |
| June 2026 | $15.0M | Current | No | 3.32x | 69% |
| May 2026 | $15.0M | Current | No | 3.32x | 69% |
| April 2026 | $15.0M | Current | No | 3.04x | 67% |
| March 2026 | $15.0M | Current | No | 3.04x | 67% |
| February 2026 | $15.0M | Current | No | 3.04x | 67% |
| January 2026 | $15.0M | Current | No | 2.82x | 68% |
| December 2025 | $15.0M | Current | No | 2.82x | 68% |
| November 2025 | $15.0M | Current | No | 2.82x | 68% |
| October 2025 | $15.0M | Current | No | 2.71x | 67% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2017-HR2 | 22 | $15,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Colorado loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| CH2M Global Headquarters | Englewood, CO | Office | $74.3M | 4.846% | Apr 2027 | 1.43x | 100% | Current |
| Writer Square | Denver, CO | Mixed use | $59.6M | 5.099% | Jan 2027 | 0.23x | 36% | With the special servicer |
| 700 Broadway | Denver, CO | Office | $51.0M | 4.391% | Jan 2027 | -0.38x | 27% | Current |
| Marriott Colorado Springs | Colorado Springs, CO | Hotel | $21.4M | 5.06% | Feb 2027 | 1.32x | 64% | Current |
| Embassy Suites Denver | Denver, CO | Hotel | $15.6M | 4.60% | Apr 2027 | 1.22x | 73% | Current |
| Boulevard Center II | Denver, CO | Retail | $13.8M | 4.694% | May 2027 | 1.19x | 93% | Current |
| Rimrock Crossing | Grand Junction, CO | Retail | $9.8M | 4.517% | Nov 2027 | 2.55x | 100% | Current |
| Comfort Suites Golden West | Evergreen, CO | Hotel | $9.3M | 4.417% | Nov 2027 | 1.88x | 50% | 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.