Hotel · Fredericksburg, Virginia
Courtyard Fredericksburg Historic District
Courtyard Fredericksburg Historic District is financed with a $15.5M CMBS loan at 6.811% that reaches maturity on January 1, 2030, in 3 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,500,000
- Original balance (same notes)
- $15,500,000
- Interest rate
- 6.811% fixed
- Originated
- December 30, 2024
- Maturity
- January 1, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- June 30, 2029
- Master servicer
- Trimont LLC
- Originator
- Bank of America, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 620 Caroline Street, Fredericksburg, VA 22401
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Units, rooms or beds
- 98
- Built
- 2009
- Value at securitization
- $25.0M (Nov 2024)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.93x | 1.45x |
| Occupancy | 82% | 76% |
| Net operating income | $2.1M | $1.6M |
| Debt yield | 10.0% |
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 2025-5YR13 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- Occupancy has fallen from 82% when the loan was securitized to 76%.
- Net operating income is 25% below the underwritten figure ($1.6M a year against $2.1M).
- Debt service coverage moved from 1.93x 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 | $15.5M | Current | No | 1.45x | 76% |
| August 2026 | $15.5M | Current | No | 1.45x | 76% |
| July 2026 | $15.5M | Current | No | 1.45x | 76% |
| June 2026 | $15.5M | Current | No | 1.45x | 76% |
| May 2026 | $15.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| April 2026 | $15.5M | Current | No | n/a | n/a |
| March 2026 | $15.5M | Current | No | n/a | n/a |
| February 2026 | $15.5M | Current | No | n/a | n/a |
| January 2026 | $15.5M | Current | No | n/a | n/a |
| December 2025 | $15.5M | Current | No | n/a | n/a |
| November 2025 | $15.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $15.5M | 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 |
|---|---|---|---|---|
| BANK5 2025-5YR13 | 16 | $15,500,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Washington-Arlington-Alexandria loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Springfield Town Center | Springfield, VA | Retail | $150.0M | 7.115% | Jul 2030 | 1.56x | 96% | Current |
| Four Constitution Square | Washington, DC | Office | $138.0M | 2.536% | Nov 2030 | 5.02x | 100% | Current |
| 9911 Belward | Rockville, MD | Office | $128.7M | 5.00% | Oct 2030 | n/a | n/a | Current |
| The Wharf | Washington, DC | Other | $102.5M | 5.439% | Jul 2030 | n/a | n/a | Current |
| The Liz | Washington, DC | Mixed use | $93.0M | 4.45% | Aug 2030 | 1.54x | 92% | Current |
| 1401 H | Washington, DC | Office | $78.0M | 6.80% | Apr 2030 | 1.42x | 79% | Current |
| 3170 & 3180 Fairview Park Drive | Falls Church, VA | Office | $51.7M | 3.288% | Nov 2030 | 2.44x | 98% | Current |
| St. Charles Towne Plaza | Waldorf, MD | Retail | $28.5M | 6.83% | Jun 2030 | 1.90x | 100% | Current |
All loans maturing in 2030 · All Washington-Arlington-Alexandria 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.