Hotel · Livonia, Michigan
Hampton Inn Livonia
Hampton Inn Livonia is financed with a $10.1M CMBS loan at 4.87% that reaches maturity on May 6, 2029, in 2 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,077,700
- Original balance (same notes)
- $11,500,000
- Interest rate
- 4.87% fixed
- Originated
- May 3, 2019
- Maturity
- May 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 5, 2021
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 28151 Schoolcraft Road, Livonia, MI 48150
- Metro
- Detroit-Warren-Dearborn, MI
- Units, rooms or beds
- 110
- Built
- 2017
- Value at securitization
- $19.5M (Apr 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.87x | 0.67x |
| Occupancy | 69% | 61% |
| Net operating income (annualized from 3 months) | $1.4M | $499K |
| Debt yield | 5.0% |
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 CSAIL 2019-C16 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since July 2026.
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 69% when the loan was securitized to 61%.
- Net operating income is 64% below the underwritten figure ($499K a year against $1.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.87x at securitization to 0.67x on the latest statements.
- At 0.67x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.1M | Current | No | 0.67x | 61% |
| August 2026 | $10.1M | Late payment but less than 30 days delinquent | No | 0.67x | 58% |
| July 2026 | $10.1M | Current | No | 0.67x | 58% |
| June 2026 | $10.1M | Current | No | n/a | n/a |
| May 2026 | $10.2M | Current | No | n/a | n/a |
| April 2026 | $10.2M | Current | No | 1.24x | 65% |
| March 2026 | $10.2M | Current | No | 1.24x | 65% |
| February 2026 | $10.2M | Current | No | 1.38x | 67% |
| January 2026 | $10.2M | Current | No | 1.38x | 67% |
| December 2025 | $10.2M | Current | No | 1.38x | 67% |
| November 2025 | $10.3M | Current | No | 1.14x | 67% |
| October 2025 | $10.3M | Current | No | 1.14x | 64% |
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 |
|---|---|---|---|---|
| CSAIL 2019-C16 Commercial Mortgage Trust | 24 | $10,077,700 | Sep 2026 | SEC filing, September 28, 2026 |
Other Detroit-Warren-Dearborn loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| First National Building | Detroit, MI | Office | $430.0M | 3.778% | Jan 2029 | n/a | n/a | Current |
| FCA USA - Detroit, MI | Detroit, MI | Industrial | $147.9M | 5.744% | Apr 2029 | n/a | n/a | Current |
| Bedrock Mixed-Use Portfolio | Detroit, MI | Other | $75.0M | 6.385% | Jun 2029 | 1.64x | 83% | Current |
| Garfield Commons | Clinton Township, MI | Multifamily | $75.0M | 7.32% | Jan 2029 | n/a | n/a | Current |
| Amazon Distribution Livonia | Livonia, MI | Industrial | $34.0M | 3.73% | May 2029 | 3.79x | 100% | Current |
| Pointe Plaza | Grosse Pointe Woods, MI | Mixed use | $30.5M | 7.955% | Jul 2029 | 1.61x | 100% | Current |
| Northville Village Shopping Center Phase I | Northville, MI | Retail | $29.5M | 6.50% | Sep 2029 | 1.65x | 98% | Current |
| Waterside Marketplace | Chesterfield, MI | Retail | $25.8M | 6.21% | Nov 2029 | 2.34x | 93% | Current |
All loans maturing in 2029 · All Detroit-Warren-Dearborn 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.