Hotel · Albuquerque, New Mexico
Doubletree Abq
Doubletree Abq is financed with a $17.7M CMBS loan at 4.33% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $17,726,031
- Original balance (same notes)
- $19,060,000
- Interest rate
- 4.33% fixed
- Originated
- August 8, 2019
- Maturity
- September 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- March 5, 2029
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred November 3, 2025
- Workout strategy
- Foreclosure
- Modified
- Yes, most recently August 6, 2020
- Defeasance
- None reported
The property
- Address
- 201 Marquette Avenue Northwest, Albuquerque, NM 87102
- Metro
- Albuquerque, NM
- Units, rooms or beds
- 295
- Built
- 1975, renovated 2018
- Value at securitization
- $28.2M (Jul 2019)
Performance
| At securitization | Latest (Sep 2025) | |
|---|---|---|
| DSCR (NOI) | 2.13x | 0.27x |
| Occupancy | 72% | 49% |
| Net operating income | $2.4M | $309K |
| Debt yield | 1.7% |
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 Wells Fargo Commercial Mortgage Trust 2019-C53 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 72% when the loan was securitized to 49%.
- Net operating income is 87% below the underwritten figure ($309K a year against $2.4M).
- Debt service coverage moved from 2.13x at securitization to 0.27x on the latest statements.
- At 0.27x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $18.1M (January 6, 2026), against $28.2M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| August 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| July 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| June 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| May 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| April 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| March 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| February 2026 | $17.7M | 90+ days delinquent | Yes | 0.27x | 49% |
| January 2026 | $17.7M | 60-89 days delinquent | Yes | 0.27x | 49% |
| December 2025 | $17.7M | 30-59 days delinquent | Yes | 0.27x | 49% |
| November 2025 | $17.7M | Late payment but less than 30 days delinquent | Yes | 0.27x | 49% |
| October 2025 | $17.7M | Current | No | 0.81x | 51% |
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 November 3, 2025, still there.
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C53 | 12 | $17,726,031 | Sep 2026 | SEC filing, September 29, 2026 |
Other Albuquerque loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| One Executive Center | Albuquerque, NM | Office | $10.5M | 3.855% | Dec 2029 | 3.46x | 95% | Current |
| TownePlace Suites Albuqerque | Albuquerque, NM | Hotel | $7.8M | 4.65% | Jun 2029 | 1.71x | 74% | Current |
| Holiday Inn Express and Suites Los Alamos | Los Alamos, NM | Hotel | $6.6M | 4.05% | Sep 2029 | 3.74x | 81% | Current |
| Walgreens Albuquerque | Albuquerque, NM | Retail | $2.3M | 4.02% | Dec 2029 | 2.46x | 100% | Current |
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.