Hotel · Kissimmee, Florida
Comfort Suites Kissimmee
Comfort Suites Kissimmee is financed with a $14.0M CMBS loan at 7.99% that reaches maturity on April 6, 2033, in 6 years and 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
- $14,000,000
- Original balance (same notes)
- $14,000,000
- Interest rate
- 7.99% fixed
- Originated
- March 30, 2023
- Maturity
- April 6, 2033
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- January 5, 2033
- Master servicer
- Midland
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2775 Florida Plaza Blvd, Kissimmee, FL 34746
- Metro
- Orlando-Kissimmee-Sanford, FL
- Units, rooms or beds
- 198
- Built
- 2000, renovated 2020
- Value at securitization
- $24.3M (Feb 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.73x | 0.35x |
| Occupancy | 78% | 67% |
| Net operating income (annualized from 6 months) | $2.1M | $809K |
| Debt yield | 5.8% |
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 BMO 2023-C5 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since June 2026.
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 67%.
- Net operating income is 62% below the underwritten figure ($809K a year against $2.1M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.73x at securitization to 0.35x on the latest statements.
- At 0.35x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.0M | Current | No | 0.35x | 67% |
| August 2026 | $14.0M | Current | No | 0.35x | 67% |
| July 2026 | $14.0M | Current | No | 0.83x | 73% |
| June 2026 | $14.0M | Current | No | 0.83x | 73% |
| May 2026 | $14.0M | Current | No | n/a | n/a |
| April 2026 | $14.0M | Current | No | 0.08x | 65% |
| March 2026 | $14.0M | Current | No | 0.08x | 65% |
| February 2026 | $14.0M | Current | No | 0.08x | 65% |
| January 2026 | $14.0M | Current | No | 0.13x | 66% |
| December 2025 | $14.0M | Current | No | 0.13x | 66% |
| November 2025 | $14.0M | Current | No | 0.54x | 66% |
| October 2025 | $14.0M | Current | No | 0.54x | 69% |
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 |
|---|---|---|---|---|
| BMO 2023-C5 Mortgage Trust | 19 | $14,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2033
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Orlando International Business Center | Orlando, FL | Industrial | $42.2M | 6.21% | May 2033 | n/a | n/a | Current |
| Florida Hotel and Conference Center | Orlando, FL | Hotel | $35.0M | 6.70% | May 2033 | 2.38x | 72% | Current |
| Compass Self Storage - Tavares | Tavares, FL | Self storage | $17.3M | 6.80% | Aug 2033 | n/a | n/a | Current |
| Lee Vista Retail Center | Orlando, FL | Retail | $2.8M | 8.25% | Nov 2033 | 1.37x | 100% | 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.