Hotel · Laredo, Texas
Embassy Suites Laredo
Embassy Suites Laredo is financed with a $16.3M CMBS loan at 3.839% that reaches maturity on October 6, 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
- $16,322,408
- Original balance (same notes)
- $18,000,000
- Interest rate
- 3.839% fixed
- Originated
- October 3, 2019
- Maturity
- October 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- April 5, 2029
- Master servicer
- Midland
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred March 27, 2020, returned January 28, 2021
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 110 Calle del Norte, Laredo, TX 78041
- Metro
- Laredo, TX
- Units, rooms or beds
- 154
- Built
- 2005, renovated 2016
- Value at securitization
- $25.8M (Sep 2020)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.51x | 5.25x |
| Occupancy | 89% | 94% |
| Net operating income (annualized from 6 months) | $2.5M | $10.7M |
| Debt yield | 65.6% |
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 COMM 2019-GC44 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 89% when the loan was securitized to 94%.
- Net operating income is 322% above the underwritten figure ($10.7M a year against $2.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.51x at securitization to 5.25x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $16.3M | Current | No | 5.25x | 94% |
| August 2026 | $16.4M | Current | No | n/a | n/a |
| July 2026 | $16.4M | Current | No | n/a | n/a |
| June 2026 | $16.4M | Current | No | n/a | n/a |
| May 2026 | $16.4M | Current | No | n/a | n/a |
| April 2026 | $16.5M | Current | No | 4.21x | 93% |
| March 2026 | $16.5M | Current | No | 4.21x | 93% |
| February 2026 | $16.5M | Current | No | 4.03x | 92% |
| January 2026 | $16.6M | Current | No | 4.03x | 92% |
| December 2025 | $16.6M | Current | No | 4.03x | 92% |
| November 2025 | $16.6M | Current | No | 4.03x | 92% |
| October 2025 | $16.7M | Current | No | 3.73x | 91% |
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 March 27, 2020, returned to the master servicer January 28, 2021.
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 |
|---|---|---|---|---|
| COMM 2019-GC44 Mortgage Trust | 20 | $16,322,408 | Sep 2026 | SEC filing, October 1, 2026 |
Other Laredo loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Dorel Laredo | Laredo, TX | Multifamily | $28.5M | 3.68% | Oct 2029 | n/a | n/a | Current |
| TownPlace Suites Laredo | Laredo, TX | Hotel | $10.6M | 3.85% | Oct 2029 | 4.47x | 91% | Current |
| Stor-More-Laredo Self Storage | Laredo, TX | Self storage | $10.3M | 7.06% | May 2029 | 1.38x | 85% | Current |
| Homewood Suites Laredo | Laredo, TX | Hotel | $7.1M | 5.80% | Feb 2029 | 5.11x | 93% | Current |
| Store It All Zapata | Laredo, TX | Self storage | $4.1M | 4.30% | Aug 2029 | 2.56x | 76% | 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.