Hotel · Madeira Beach, Florida
Courtyard Madeira Beach
Courtyard Madeira Beach is financed with a $17.3M CMBS loan at 7.87% that reaches maturity on June 6, 2030, in 3 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $17,250,000
- Original balance (same notes)
- $17,250,000
- Interest rate
- 7.87% fixed
- Originated
- May 13, 2025
- Maturity
- June 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- December 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 601 American Legion Drive, Madeira Beach, FL 33708
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Units, rooms or beds
- 96
- Built
- 2015, renovated 2025
- Value at securitization
- $27.5M (Mar 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.77x | 1.69x |
| Occupancy | 77% | 83% |
| Net operating income | $2.4M | $2.3M |
| Debt yield | 13.5% |
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 Benchmark 2025-V16 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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
- Occupancy has risen from 77% when the loan was securitized to 83%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $17.3M | Current | No | 1.69x | 83% |
| August 2026 | $17.3M | Current | No | 1.69x | 83% |
| July 2026 | $16.4M | Current | No | 2.00x | 100% |
| June 2026 | $17.3M | Current | No | 1.66x | 82% |
| May 2026 | $17.3M | Current | No | 1.66x | 82% |
| April 2026 | $17.3M | Current | No | n/a | n/a |
| March 2026 | $17.3M | Current | No | n/a | n/a |
| February 2026 | $17.3M | Current | No | n/a | n/a |
| January 2026 | $17.3M | Current | No | n/a | n/a |
| December 2025 | $17.3M | Current | No | n/a | n/a |
| November 2025 | $17.3M | Current | No | n/a | n/a |
| October 2025 | $17.3M | 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 |
|---|---|---|---|---|
| Benchmark 2025-V16 Mortgage Trust | 15 | $17,250,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| International Plaza, Tampa | Tampa, FL | Retail | $62.5M | 4.913% | Nov 2030 | 2.39x | 85% | Current |
| Tampa Redstone Portfolio | Tampa, FL | Industrial | $35.8M | 6.704% | Apr 2030 | 1.16x | 94% | Current |
| Metlife Solutions Tampa | Tampa, FL | Office | $29.0M | 7.077% | Jan 2030 | n/a | n/a | Current |
| Holiday Inn St. Petersburg West | St. Petersburg, FL | Hotel | $15.4M | 7.58% | Oct 2030 | n/a | n/a | Current |
| Public Storage Spring Hill | Spring Hill, FL | Self storage | $8.8M | 6.005% | Nov 2030 | n/a | n/a | Current |
| Scottish Traveler Rv Park | Largo, FL | Manufactured housing | $7.0M | 6.741% | Sep 2030 | n/a | n/a | Delinquent |
| Kennedy Center | Tampa, FL | Retail | $5.8M | 4.54% | Jan 2030 | 1.79x | 93% | Current |
| 613 Oakfield Drive | Brandon, FL | Office | $2.9M | 4.54% | Aug 2030 | 1.90x | 100% | Current |
All loans maturing in 2030 · All Tampa-St. Petersburg-Clearwater 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.