Hotel · Durham, North Carolina
Hilton Durham Near Duke University
Hilton Durham Near Duke University is financed with a $13.7M CMBS loan at 5.023% that reaches maturity on February 6, 2027, in 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $13,724,134
- Original balance (same notes)
- $16,500,000
- Interest rate
- 5.023% fixed
- Originated
- January 12, 2017
- Maturity
- February 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 5, 2019
- Prepayment premium ends
- October 5, 2026 (yield maintenance)
- Master servicer
- Midland Loan Services, A Divis
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently September 15, 2020
- Defeasance
- None reported
The property
- Address
- 3800 and 3806 Hillsborough Road, Durham, NC 27705
- Metro
- Durham-Chapel Hill, NC
- Units, rooms or beds
- 195
- Built
- 1987, renovated 2013
- Value at securitization
- $25.3M (Dec 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.89x | 1.61x |
| Occupancy | 69% | 68% |
| Net operating income | $2.0M | $1.7M |
| Debt yield | 12.5% |
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 JPMCC Commercial Mortgage Securities Trust 2017-JP5 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x or more from securitization
- 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 15% below the underwritten figure ($1.7M a year against $2.0M).
- Debt service coverage moved from 1.89x at securitization to 1.61x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.7M | Current | No | 1.61x | 68% |
| August 2026 | $13.8M | Current | No | 1.61x | 68% |
| July 2026 | $13.8M | Current | No | 1.61x | 68% |
| June 2026 | $13.8M | Current | No | 1.61x | 68% |
| May 2026 | $13.8M | Current | No | n/a | n/a |
| April 2026 | $13.9M | Current | No | 1.71x | 69% |
| March 2026 | $13.9M | Current | No | 1.71x | 69% |
| February 2026 | $13.9M | Current | No | 1.80x | 69% |
| January 2026 | $14.0M | Current | No | 1.80x | 69% |
| December 2025 | $14.0M | Current | No | 1.80x | 69% |
| November 2025 | $14.0M | Current | No | n/a | n/a |
| October 2025 | $14.1M | 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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2017-JP5 | 21 | $13,724,134 | Sep 2026 | SEC filing, September 28, 2026 |
Other Durham-Chapel Hill loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Fedex Ground - Durham | Durham, NC | Industrial | $22.5M | 4.07% | Aug 2027 | 2.93x | 100% | Current |
| Keystone 200 & 300 | Durham, NC | Office | $16.6M | 4.94% | Mar 2027 | 2.08x | 69% | Current |
| Southpointe Center | Durham, NC | Retail | $3.2M | 5.08% | Nov 2027 | 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.