Hotel portfolio, 10 properties · Horseheads, New York
Courtyard By Marriott Horseheads
Public CMBS trusts hold $39.7M of the loan on this portfolio at 4.55% that reaches maturity on July 6, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $39,727,312
- Original balance (same notes)
- $45,500,000
- Interest rate
- 4.55% fixed
- Originated
- June 11, 2019
- Maturity
- July 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 5, 2029
- Master servicer
- Midland
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 202 Colonial Drive 4420 Routes 5 & 20 (AKA 330 Eastern Blvd), Horseheads, NY 14845
- Value at securitization
- $99.7M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | $8.9M | $5.4M |
| Debt yield | 13.6% |
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 CD 2019-CD8 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- 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
- Net operating income is 39% below the underwritten figure ($5.4M a year against $8.9M; the latest statement covers 3 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Courtyard By Marriott Horseheads | Horseheads, NY | Lodging | 67% | 1.46x |
| Home2 Suites Oswego | Oswego, NY | Lodging | 96% | 5.36x |
| Holiday Inn & Suites Rochester Marketplace | Rochester, NY | Lodging | 52% | -0.57x |
| Hampton Inn Corning Painted Post | Painted Post, NY | Lodging | 31% | -0.48x |
| Home2 Suites Rochester Henrietta | Rochester, NY | Lodging | 72% | 1.44x |
| Holiday Inn Express Olean | Olean, NY | Lodging | 47% | -0.25x |
| Fairfield Inn Watertown | Watertown, NY | Lodging | 59% | 1.11x |
| Holiday Inn Express Canandaigua Finger Lakes | Canandaigua, NY | Lodging | 59% | 0.46x |
| Candlewood Suites Watertown | Evans Mills, NY | Lodging | 82% | 5.21x |
| Candlewood Suites Sayre | Sayre, PA | Lodging | 47% | -0.34x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $39.7M | Current | No | 1.46x | 67% |
| August 2026 | $39.8M | Current | No | 1.46x | 67% |
| July 2026 | $39.9M | Current | No | 1.46x | 67% |
| June 2026 | $40.0M | Current | No | n/a | n/a |
| May 2026 | $40.0M | Current | No | n/a | n/a |
| April 2026 | $40.1M | Current | No | 2.75x | 76% |
| March 2026 | $40.2M | Current | No | 2.93x | 76% |
| February 2026 | $40.3M | Current | No | 2.93x | 76% |
| January 2026 | $40.4M | Current | No | 2.87x | 76% |
| December 2025 | $40.4M | Current | No | 2.24x | 76% |
| November 2025 | $40.5M | Current | No | 2.24x | 76% |
| October 2025 | $40.6M | Current | No | 2.24x | 68% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2019-H7 | 5 | $24,884,141 | Sep 2026 | SEC filing, October 2, 2026 |
| CD 2019-CD8 Mortgage Trust | 18 | $14,843,172 | Sep 2026 | SEC filing, October 1, 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.