Hotel · Orlando, Florida
DoubleTree Orlando at Sea World
Public CMBS trusts hold $70.0M of the loan on DoubleTree Orlando at Sea World at 7.75% that reaches maturity on December 6, 2028, in 2 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $70,000,000
- Original balance (same notes)
- $70,000,000
- Interest rate
- 7.75% fixed
- Originated
- November 30, 2023
- Maturity
- December 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 5, 2026
- Prepayment premium ends
- June 5, 2028 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10100 International Drive, Orlando, FL 32821
- Metro
- Orlando-Kissimmee-Sanford, FL
- Units, rooms or beds
- 1,042
- Built
- 1981, renovated 2022
- Value at securitization
- $143.0M (May 2023)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.18x | 1.79x |
| Occupancy | 77% | 65% |
| Net operating income | $14.6M | $12.0M |
| Debt yield | 17.1% |
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 Mortgage Trust 2024-5C25 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- 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 77% when the loan was securitized to 65%.
- Net operating income is 18% below the underwritten figure ($12.0M a year against $14.6M).
- Debt service coverage moved from 2.18x at securitization to 1.79x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $70.0M | Current | No | 1.79x | 65% |
| August 2026 | $70.0M | Current | No | 1.79x | 65% |
| July 2026 | $70.0M | Current | No | 1.79x | 65% |
| June 2026 | $70.0M | Current | No | n/a | n/a |
| May 2026 | $70.0M | Current | No | n/a | n/a |
| April 2026 | $70.0M | Current | No | 1.84x | 67% |
| March 2026 | $70.0M | Current | No | 1.84x | 67% |
| February 2026 | $70.0M | Current | No | 2.46x | 67% |
| January 2026 | $70.0M | Current | No | 2.46x | 74% |
| December 2025 | $70.0M | Current | No | 2.46x | 74% |
| November 2025 | $70.0M | Current | No | 2.46x | 74% |
| October 2025 | $70.0M | Current | No | 2.46x | 74% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2024-V5 Mortgage Trust | 4 | $60,000,000 | Sep 2026 | SEC filing, September 25, 2026 |
| BBCMS Mortgage Trust 2024-5C25 | 26 | $10,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Orlando Airport Marriott Lakeside | Orlando, FL | Hotel | $59.0M | 5.201% | Jun 2028 | 4.38x | 87% | Current |
| One Eleven | Orlando, FL | Mixed use | $40.7M | 7.08% | Jul 2028 | 1.88x | 79% | Current |
| Tru by Hilton Orlando | Orlando, FL | Hotel | $34.3M | 8.45% | Jul 2028 | 1.44x | 81% | Current |
| Rv Storage Depot | Altamonte Springs, FL | Other | $28.0M | 8.55% | Nov 2028 | 1.54x | 77% | Current |
| HomeTowne Studios - Casselberry, FL | Casselberry, FL | Hotel | $17.7M | 5.255% | Aug 2028 | n/a | n/a | Current |
| Vista Centre Shoppes | Orlando, FL | Retail | $17.2M | 4.951% | Sep 2028 | 2.07x | 100% | Current |
| Hampton Inn Lake Buena Vista | Orlando, FL | Hotel | $16.3M | 5.275% | Jun 2028 | 1.62x | 81% | Current |
| Staybridge Suites Orlando Airport South | Orlando, FL | Hotel | $11.8M | 5.145% | Jul 2028 | 1.67x | 86% | Current |
All loans maturing in 2028 · All Orlando-Kissimmee-Sanford loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 8, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.