Manufactured housing · Roswell, New Mexico
Coronado Village Mhp
Coronado Village Mhp is financed with a $1.8M CMBS loan at 4.29% that reaches maturity on October 6, 2030, in 3 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $1,787,297
- Original balance (same notes)
- $2,000,000
- Interest rate
- 4.29% fixed
- Originated
- September 14, 2020
- Maturity
- October 6, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- November 5, 2022
- Prepayment premium ends
- July 5, 2030 (yield maintenance)
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3201 North Kentucky Avenue, Roswell, NM 88201
- Units, rooms or beds
- 187
- Built
- 1980
- Value at securitization
- $3.5M (Aug 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.76x | 2.34x |
| Occupancy | 62% | 59% |
| Net operating income (annualized from 3 months) | $209K | $282K |
| Debt yield | 15.8% |
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 BBCMS Mortgage Trust 2020-C8 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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.
What the filing shows
- Net operating income is 35% above the underwritten figure ($282K a year against $209K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.76x at securitization to 2.34x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $1.8M | Current | No | 2.34x | 59% |
| August 2026 | $1.8M | Current | No | 2.34x | 59% |
| July 2026 | $1.8M | Current | No | 2.34x | 59% |
| June 2026 | $1.8M | Current | No | 2.34x | 59% |
| May 2026 | $1.8M | Current | No | n/a | n/a |
| April 2026 | $1.8M | Current | No | 1.62x | 58% |
| March 2026 | $1.8M | Current | No | 1.62x | 58% |
| February 2026 | $1.8M | Current | No | n/a | n/a |
| January 2026 | $1.8M | Current | No | n/a | n/a |
| December 2025 | $1.8M | Current | No | n/a | n/a |
| November 2025 | $1.8M | Current | No | n/a | n/a |
| October 2025 | $1.8M | 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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2020-C8 | 47 | $1,787,297 | Sep 2026 | SEC filing, September 29, 2026 |
Other New Mexico loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Marriott Albuquerque | Albuquerque, NM | Hotel | $46.6M | 6.50% | Nov 2030 | n/a | n/a | Current |
| Los Altos Towers | Albuquerque, NM | Multifamily | $21.5M | 6.28% | Mar 2030 | 1.21x | 91% | Current |
| Sierra Vista Shopping Center | Albuquerque, NM | Retail | $18.5M | 6.30% | Jul 2030 | 1.47x | 94% | Current |
| Plaza Paseo Del Norte | Albuquerque, NM | Retail | $16.8M | 4.947% | Nov 2030 | n/a | n/a | Current |
| Carlisle Plaza Mhp | Albuquerque, NM | Manufactured housing | $5.8M | 6.04% | Jun 2030 | n/a | n/a | Current |
| Carlsbad Mhc | Carlsbad, NM | Manufactured housing | $5.5M | 6.33% | Nov 2030 | n/a | n/a | Current |
| Brio Sandia | Albuquerque, NM | Multifamily | $5.5M | 7.022% | Jun 2030 | 1.35x | 97% | Current |
| Holiday Inn Express Alamogordo | Alamogordo, NM | Hotel | $4.6M | 4.18% | Apr 2030 | 3.50x | 79% | 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.