Hotel · Honolulu, Hawaii
Hilton Hawaiian Village
Public CMBS trusts hold $214.0M of the loan on Hilton Hawaiian Village at 4.199% that reaches maturity on November 1, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $214,000,000
- Original balance (same notes)
- $214,000,000
- Interest rate
- 4.199% fixed
- Originated
- October 24, 2016
- Maturity
- November 1, 2026
- Payments
- Interest only for the full term
- Prepayment lockout ended
- December 31, 2018
- Prepayment premium ends
- April 30, 2026 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2005 Kalia Road, Honolulu, HI 96815
- Metro
- Urban Honolulu, HI
- Units, rooms or beds
- 2,860
- Built
- 1961, renovated 2016
- Value at securitization
- $2.2B (Aug 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 4.98x | 2.79x |
| Occupancy | 95% | 85% |
| Net operating income | $147.6M | $151.7M |
| Debt yield | 70.9% |
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 Wells Fargo Commercial Mortgage Trust 2016-C37 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x or more from securitization
- Matures within 12 months
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 95% when the loan was securitized to 85%.
- Debt service coverage moved from 4.98x at securitization to 2.79x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $214.0M | Current | No | 2.79x | 85% |
| August 2026 | $214.0M | Current | No | 2.70x | 82% |
| July 2026 | $214.0M | Current | No | 2.70x | 82% |
| June 2026 | $214.0M | Current | No | 2.69x | 81% |
| May 2026 | $214.0M | Current | No | 2.69x | 81% |
| April 2026 | $214.0M | Current | No | 2.69x | 81% |
| March 2026 | $214.0M | Current | No | 2.37x | 77% |
| February 2026 | $214.0M | Current | No | 2.37x | 77% |
| January 2026 | $214.0M | Current | No | 2.37x | 77% |
| December 2025 | $214.0M | Current | No | 2.52x | 78% |
| November 2025 | $214.0M | Current | No | 2.52x | 78% |
| October 2025 | $214.0M | Current | No | 2.52x | 78% |
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
The loan is split into 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2016-JP4 | 1 | $94,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2017-C5 | 4 | $32,250,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 | 1 | $31,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2017-C5 | 4A | $30,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Wells Fargo Commercial Mortgage Trust 2016-C37 | 1 | $26,250,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Urban Honolulu loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hilton Hawaiian Village Waikiki Beach Resort | Honolulu, HI | Hotel | $136.6M | 4.199% | Nov 2026 | 2.79x | 85% | 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.