Hotel · San Luis Obispo, California
Embassy Suites - San Luis Obispo
Embassy Suites - San Luis Obispo is financed with a $30.5M CMBS loan at 7.193% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $30,500,000
- Original balance (same notes)
- $30,500,000
- Interest rate
- 7.193% fixed
- Originated
- December 23, 2025
- Maturity
- January 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2030
- Master servicer
- Midland
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 333 Madonna Road, San Luis Obispo, CA 93405
- Metro
- San Luis Obispo-Paso Robles, CA
- Units, rooms or beds
- 195
- Built
- 1986, renovated 2017
- Value at securitization
- $48.8M (Sep 2025)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.89x | 1.44x |
| Occupancy | 83% | 85% |
| Net operating income (annualized from 3 months) | $4.2M | $3.1M |
| Debt yield | 10.3% |
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 2026-5C40 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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
- Net operating income is 25% below the underwritten figure ($3.1M a year against $4.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.89x at securitization to 1.44x on the latest statements.
The last 8 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $30.5M | Current | No | 1.44x | 85% |
| August 2026 | $30.5M | Current | No | 1.44x | 85% |
| July 2026 | $30.5M | Current | No | n/a | n/a |
| June 2026 | $30.5M | Current | No | n/a | n/a |
| May 2026 | $30.5M | Current | No | n/a | n/a |
| April 2026 | $30.5M | Current | No | n/a | n/a |
| March 2026 | $30.5M | Current | No | n/a | n/a |
| February 2026 | $30.5M | Current | No | n/a | n/a |
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 Mortgage Trust 2026-5C40 | 6 | $30,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Luis Obispo-Paso Robles loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Madonna Plaza | San Luis Obispo, CA | Retail | $44.4M | 4.36% | Dec 2031 | 1.05x | 70% | Current |
| Los Osos Shopping Center | Los Osos, CA | Retail | $12.0M | 3.17% | Aug 2031 | 2.68x | 82% | Current |
All loans maturing in 2031 · All San Luis Obispo-Paso Robles 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.