Hotel · Dallas, Texas
Courtyard Dallas Downtown Reunion District
Courtyard Dallas Downtown Reunion District is financed with a $24.5M CMBS loan at 7.608% that reaches maturity on September 11, 2028, in 22 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,500,000
- Original balance (same notes)
- $24,500,000
- Interest rate
- 7.608% fixed
- Originated
- August 30, 2023
- Maturity
- September 11, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ended
- October 10, 2025
- Prepayment premium ends
- March 10, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 310 South Houston Street, Dallas, TX 75202
- Metro
- Dallas-Fort Worth-Arlington, TX
- Units, rooms or beds
- 167
- Built
- 2018
- Value at securitization
- $49.0M (Jul 2023)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.18x | 1.45x |
| Occupancy | 70% | 67% |
| Net operating income | $4.1M | $2.7M |
| Debt yield | 11.2% |
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 BANK5 2023-5YR3 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x 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
- Net operating income is 34% below the underwritten figure ($2.7M a year against $4.1M).
- Debt service coverage moved from 2.18x at securitization to 1.45x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.5M | Current | No | 1.45x | 67% |
| August 2026 | $24.5M | Current | No | 1.30x | 67% |
| July 2026 | $24.5M | Current | No | 1.30x | 67% |
| June 2026 | $24.5M | Current | No | 1.30x | 67% |
| May 2026 | $24.5M | Current | No | 1.55x | 67% |
| April 2026 | $24.5M | Current | No | 1.55x | 67% |
| March 2026 | $24.5M | Current | No | 1.55x | 67% |
| February 2026 | $24.5M | Current | No | 1.64x | 66% |
| January 2026 | $24.5M | Current | No | 1.64x | 66% |
| December 2025 | $24.5M | Current | No | 1.64x | 66% |
| November 2025 | $24.5M | Current | No | 1.91x | 68% |
| October 2025 | $24.5M | Current | No | 1.91x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 2023-5YR3 | 14 | $24,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Renaissance Dallas Addison Hotel | Addison, TX | Hotel | $72.0M | 7.825% | Oct 2028 | 2.61x | 53% | Current |
| 5150 Pulaski Street | Dallas, TX | Industrial | $53.0M | 5.08% | Nov 2028 | n/a | n/a | Current |
| Avr Embassy Suites Fort Worth | Fort Worth, TX | Hotel | $33.9M | 5.578% | Dec 2028 | 1.42x | 73% | Current |
| Cedar Ridge Office Park | Southlake, TX | Office | $20.3M | 5.41% | Jul 2028 | 1.02x | 85% | Current |
| Copeland Tower And Stadium Place | Arlington, TX | Office | $19.3M | 4.97% | Jul 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Courtyard Dallas Carrollton & Conference Center | Carrollton, TX | Hotel | $17.0M | 5.22% | Nov 2028 | 1.93x | 77% | Current |
| 250 Lancaster | Fort Worth, TX | Mixed use | $17.0M | 5.269% | Sep 2028 | 1.46x | 92% | Current |
| 110 & 140 W Sandy Lake Rd | Coppell, TX | Retail | $16.5M | 6.64% | May 2028 | 1.44x | 97% | Current |
All loans maturing in 2028 · All Dallas-Fort Worth-Arlington loans
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.