Hotel · Chattanooga, Tennessee
Doubletree Downtown Chattanooga
Doubletree Downtown Chattanooga is financed with a $19.5M CMBS loan at 7.03% that reaches maturity on June 1, 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
- $19,500,000
- Original balance (same notes)
- $19,500,000
- Interest rate
- 7.03% fixed
- Originated
- May 12, 2023
- Maturity
- June 1, 2030
- Payments
- Amortizing
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SGFC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 407 Chestnut Street, Chattanooga, TN 37402
- Metro
- Chattanooga, TN-GA
- Units, rooms or beds
- 186
- Built
- 1978, renovated 2022
- Value at securitization
- $40.1M (Feb 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.59x |
| Occupancy | 76% | 56% |
| Net operating income | n/a | $2.2M |
| Debt yield | 11.4% |
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 BBCMS 2023-C20 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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 76% when the loan was securitized to 56%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $19.5M | Not reported | No | 1.59x | 56% |
| August 2026 | $19.5M | Not reported | No | 1.59x | 56% |
| July 2026 | $19.5M | Not reported | No | 1.76x | 54% |
| June 2026 | $19.5M | Not reported | No | 1.76x | 71% |
| May 2026 | $19.5M | Not reported | No | 1.76x | 71% |
| April 2026 | $19.5M | Not reported | No | 2.22x | 77% |
| March 2026 | $19.5M | Not reported | No | 1.96x | 77% |
| February 2026 | $19.5M | Not reported | No | 2.22x | 77% |
| January 2026 | $19.5M | Not reported | No | 2.22x | 84% |
| December 2025 | $19.5M | Not reported | No | 2.22x | 79% |
| November 2025 | $19.5M | Not reported | No | 2.22x | 79% |
| October 2025 | $19.5M | Not reported | No | 2.42x | 79% |
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 |
|---|---|---|---|---|
| BBCMS 2023-C20 | 14 | $19,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chattanooga loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Towneplace Suites Chattanooga South / East Ridge Tn | East Ridge, TN | Hotel | $9.7M | 7.93% | Jul 2030 | n/a | n/a | Current |
| Sculpture Flats | Chattanooga, TN | Mixed use | $2.3M | 4.30% | Aug 2030 | 1.93x | 100% | Late, less than 30 days |
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.