Hotel · Fredericksburg, Texas
Fredericksburg Inn & Suites
Fredericksburg Inn & Suites is financed with a $9.5M CMBS loan at 5.35% that reaches maturity on November 6, 2030, in 4 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $9,500,000
- Original balance (same notes)
- $9,500,000
- Interest rate
- 5.35% fixed
- Originated
- October 24, 2025
- Maturity
- November 6, 2030
- Payments
- Interest only for the full term
- Prepayment premium ends
- May 5, 2030 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 201 Washington Street, Fredericksburg, TX 78624
- Units, rooms or beds
- 103
- Built
- 1996, renovated 2016
- Value at securitization
- $18.5M (Sep 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.51x | 2.82x |
| Occupancy | 69% | 70% |
| Net operating income (annualized from 6 months) | $1.8M | $2.9M |
| Debt yield | 30.8% |
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 Benchmark 2025-V19 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x 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 62% above the underwritten figure ($2.9M a year against $1.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.51x at securitization to 2.82x on the latest statements.
The last 10 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.5M | Current | No | 2.82x | 70% |
| August 2026 | $9.5M | Current | No | n/a | n/a |
| July 2026 | $9.5M | Current | No | n/a | n/a |
| June 2026 | $9.5M | Current | No | n/a | n/a |
| May 2026 | $9.5M | Current | No | n/a | n/a |
| April 2026 | $9.5M | Current | No | n/a | n/a |
| March 2026 | $9.5M | Current | No | n/a | n/a |
| February 2026 | $9.5M | Current | No | n/a | n/a |
| January 2026 | $9.5M | Current | No | n/a | n/a |
| December 2025 | $9.5M | 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 |
|---|---|---|---|---|
| Benchmark 2025-V19 Mortgage Trust | 18 | $9,500,000 | Sep 2026 | SEC filing, September 30, 2026 |
Other Texas loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kpmg Plaza at Hall Arts | Dallas, TX | Office | $111.7M | 3.41% | Jan 2030 | 2.87x | 99% | Current |
| Caldera Property | Midland, TX | Self storage | $77.1M | 6.135% | Feb 2030 | n/a | n/a | Current |
| Houston-Austin Multifamily Portfolio | TX | Multifamily | $68.0M | 3.80% | Jan 2030 | 1.43x | 90% | Current |
| USAA Plano | Plano, TX | Office | $63.6M | 3.624% | Sep 2030 | 1.57x | 100% | Current |
| 5712 Old River | Old River Winfree, TX | Self storage | $60.0M | 5.808% | Oct 2030 | n/a | n/a | Current |
| Waterford Grove Apartments | Houston, TX | Multifamily | $60.0M | 6.567% | Mar 2030 | 0.88x | 71% | Delinquent |
| Hotel ZaZa | Houston, TX | Hotel | $58.4M | 3.80% | Mar 2030 | 3.56x | 62% | Current |
| Rayford Square | Spring, TX | Retail | $57.6M | 3.595% | Jan 2030 | n/a | n/a | 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.