Hotel · Delray Beach, Florida
Fairfield Inn & Suites Delray Beach
Fairfield Inn & Suites Delray Beach is financed with a $8.1M CMBS loan at 5.46% that reaches maturity on January 6, 2027, in 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $8,059,606
- Original balance (same notes)
- $10,500,000
- Interest rate
- 5.46% fixed
- Originated
- December 21, 2016
- Maturity
- January 6, 2027
- Payments
- Amortizing over 25 years
- Prepayment lockout ended
- March 5, 2019
- Prepayment premium ends
- November 5, 2026
- Master servicer
- Midland
- Originator
- CGMRC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently March 25, 2021
- Defeasance
- None reported
The property
- Address
- 910 West Atlantic Avenue, Delray Beach, FL 33444
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Units, rooms or beds
- 95
- Built
- 2015
- Value at securitization
- $15.6M (Sep 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.90x | 2.99x |
| Occupancy | 85% | 85% |
| Net operating income (annualized from 6 months) | $1.4M | $4.7M |
| Debt yield | 57.7% |
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 CD 2017-CD3 Mortgage Trust filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Matures within 12 months
- Modified
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 228% above the underwritten figure ($4.7M a year against $1.4M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.90x at securitization to 2.99x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $8.1M | Current | No | 2.99x | 85% |
| September 2026 | $8.1M | Current | No | 2.99x | 85% |
| August 2026 | $8.1M | Current | No | n/a | n/a |
| July 2026 | $8.1M | Current | No | n/a | n/a |
| June 2026 | $8.2M | Current | No | n/a | n/a |
| May 2026 | $8.2M | Current | No | n/a | n/a |
| April 2026 | $8.2M | Current | No | 1.91x | 87% |
| March 2026 | $8.2M | Current | No | 1.91x | 87% |
| February 2026 | $8.3M | Current | No | 1.91x | 87% |
| January 2026 | $8.3M | Current | No | 1.91x | 87% |
| December 2025 | $8.3M | Current | No | 2.65x | 86% |
| November 2025 | $8.3M | Current | No | 2.65x | 86% |
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 |
|---|---|---|---|---|
| CD 2017-CD3 Mortgage Trust | 31 | $8,059,606 | Oct 2026 | SEC filing, October 22, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Holiday Inn Miami Beach | Miami Beach, FL | Hotel | $26.0M | 4.44% | Mar 2027 | 2.41x | 76% | Current |
| Royal Oaks Plaza | Miami Lakes, FL | Retail | $24.6M | 4.606% | Feb 2027 | 2.32x | 92% | Current |
| Brickell Heights | Miami, FL | Retail | $21.0M | 4.476% | Aug 2027 | n/a | n/a | Current |
| Wellington Marketplace | Wellington, FL | Retail | $20.2M | 5.12% | Apr 2027 | 1.86x | 100% | Current |
| Crystal Corporate Center | Boca Raton, FL | Office | $19.3M | 4.97% | Jul 2027 | 2.12x | 98% | Current |
| The Strand on Ocean Drive | Miami Beach, FL | Retail | $18.7M | 5.17% | Mar 2027 | 1.38x | 100% | Current |
| Victoria Park Shoppes | Fort Lauderdale, FL | Retail | $16.7M | 4.82% | Jul 2027 | 1.33x | 98% | Current |
| Miramar Town Center | Miramar, FL | Mixed use | $16.2M | 4.497% | Dec 2027 | 1.58x | 99% | Current |
All loans maturing in 2027 · All Miami-Fort Lauderdale-West Palm Beach loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.