Hotel · Chesapeake, Virginia
Delta Hotels
Delta Hotels is financed with a $13.8M CMBS loan at 4.65% that reaches maturity on October 1, 2029, in 2 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
- $13,818,645
- Original balance (same notes)
- $15,700,000
- Interest rate
- 4.65% fixed
- Originated
- September 9, 2019
- Maturity
- October 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 31, 2029
- Master servicer
- Midland
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 4, 2023, returned February 27, 2024
- Workout strategy
- Resolved
- Modified
- Yes, most recently April 1, 2020
- Defeasance
- Partly defeased
The property
- Address
- 725 Woodlake Drive, Chesapeake, VA 23320
- Metro
- Virginia Beach-Chesapeake-Norfolk, VA-NC
- Units, rooms or beds
- 228
- Built
- 1986, renovated 2018
- Value at securitization
- $26.0M (Aug 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.87x | n/a |
| Occupancy | 69% | n/a |
| Net operating income | $1.8M | n/a |
Watch flags
Computed from the Benchmark 2019-B13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Modified
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
- The most recent valuation in the filing is $21.3M (July 17, 2023), against $26.0M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.8M | Current | No | n/a | n/a |
| August 2026 | $13.8M | Current | No | n/a | n/a |
| July 2026 | $13.9M | Current | No | n/a | n/a |
| June 2026 | $13.9M | Current | No | n/a | n/a |
| May 2026 | $13.9M | Current | No | n/a | n/a |
| April 2026 | $13.9M | Current | No | 2.47x | n/a |
| March 2026 | $14.0M | Current | No | 2.47x | n/a |
| February 2026 | $14.0M | Current | No | 2.47x | n/a |
| January 2026 | $14.0M | Current | No | 2.23x | 72% |
| December 2025 | $14.1M | Current | No | 2.20x | 72% |
| November 2025 | $14.1M | Current | No | 2.20x | 72% |
| October 2025 | $14.1M | Current | No | 2.20x | 72% |
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.
Special-servicing history
- Transferred to the special servicer April 4, 2023, returned to the master servicer February 27, 2024.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2019-B13 Mortgage Trust | 21 | $13,818,645 | Sep 2026 | SEC filing, October 1, 2026 |
Other Virginia Beach-Chesapeake-Norfolk loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Battlefield Tech I - Battlefield | Chesapeake, VA | Office | $108.2M | 5.30% | Apr 2029 | n/a | n/a | Current |
| Dominion Tower | Norfolk, VA | Office | $57.2M | 5.29% | Jan 2029 | 1.49x | 65% | With the special servicer |
| Christopher Crossing Apartments | Newport News, VA | Multifamily | $42.0M | 6.61% | Nov 2029 | 1.55x | 92% | Current |
| Town Point Center | Norfolk, VA | Office | $14.5M | 5.35% | Jan 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| London Bridge Industrial | Virginia Beach, VA | Industrial | $14.0M | 6.56% | Aug 2029 | 1.48x | 100% | Current |
| Springhill Suites Chesapeake | Chesapeake, VA | Hotel | $10.5M | 4.90% | Jun 2029 | 1.83x | 80% | Current |
| Harbourview North | Suffolk, VA | Retail | $9.5M | 4.98% | Apr 2029 | n/a | n/a | Current |
| Embassy Suites - Williamsburg | Williamsburg, VA | Hotel | $8.6M | 4.55% | Jun 2029 | 1.82x | 66% | Current |
All loans maturing in 2029 · All Virginia Beach-Chesapeake-Norfolk 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.