Hotel · Flowood, Mississippi
Hilton Garden Inn Flowood
Hilton Garden Inn Flowood is financed with a $10.5M CMBS loan at 5.25% that reaches maturity on January 1, 2029, in 2 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
- $10,525,943
- Original balance (same notes)
- $12,000,000
- Interest rate
- 5.25% fixed
- Originated
- December 20, 2018
- Maturity
- January 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- February 28, 2021
- Prepayment premium ends
- October 31, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently May 1, 2020
- Defeasance
- Partly defeased
The property
- Address
- 118 Laurel Park Cove, Flowood, MS 39232
- Metro
- Jackson, MS
- Units, rooms or beds
- 112
- Built
- 2015
- Value at securitization
- $18.0M (Nov 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.66x | 1.32x |
| Occupancy | 74% | 66% |
| Net operating income (annualized from 6 months) | $1.3M | $1.1M |
| Debt yield | 10.0% |
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 BENCHMARK 2019-B9 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
- NOI down 20% or more from securitization
- 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
- Occupancy has fallen from 74% when the loan was securitized to 66%.
- Net operating income is 20% below the underwritten figure ($1.1M a year against $1.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.66x at securitization to 1.32x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.5M | Current | No | 1.32x | 66% |
| August 2026 | $10.5M | Current | No | 1.34x | 63% |
| July 2026 | $10.6M | Current | No | 1.34x | 63% |
| June 2026 | $10.6M | Current | No | 1.34x | 63% |
| May 2026 | $10.6M | Current | No | 1.53x | 56% |
| April 2026 | $10.6M | Current | No | 1.53x | 56% |
| March 2026 | $10.6M | Current | No | 1.15x | 56% |
| February 2026 | $10.7M | Current | No | 1.15x | 56% |
| January 2026 | $10.7M | Current | No | 1.15x | 56% |
| December 2025 | $10.7M | Current | No | 1.15x | 56% |
| November 2025 | $10.7M | Current | No | 1.16x | 55% |
| October 2025 | $10.7M | Current | No | 1.57x | 62% |
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 2019-B9 MORTGAGE TRUST | 29 | $10,525,943 | Sep 2026 | SEC filing, September 30, 2026 |
Other Jackson loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Life Storage - 586 | Flowood, MS | Self storage | $70.7M | 3.809% | Aug 2029 | n/a | n/a | Current |
| Highland Hills Apartments | Jackson, MS | Multifamily | $27.1M | 5.591% | Jan 2029 | -0.58x | 45% | With the special servicer and 90+ days delinquent |
| Forum at Grandview | Madison, MS | Retail | $22.6M | 4.60% | Sep 2029 | n/a | n/a | Current |
| Entergy Building | Jackson, MS | Office | $10.1M | 5.05% | Apr 2029 | 2.81x | 100% | 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.