Hotel · Melbourne, Florida
Hilton Melbourne, Melbourne (2024 maturity)
Hilton Melbourne is financed with a $24.5M CMBS loan at 4.819% that reached maturity on June 1, 2024, 28 months ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity and not performing.
The loan
- Balance in tracked trusts
- $24,500,000
- Original balance (same notes)
- $24,500,000
- Interest rate
- 4.819% fixed
- Originated
- May 6, 2019
- Maturity
- June 1, 2024
- Payments
- Interest only for the full term
- Prepayment lockout ended
- July 31, 2021
- Prepayment premium ends
- December 31, 2023 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Non performing matured balloon. (code 5)
- Special servicing
- Transferred April 3, 2024
- Workout strategy
- REO
- Modified
- Yes, most recently June 1, 2024
- Defeasance
- Partly defeased
The property
- Address
- 200 Rialto Place, Melbourne, FL 32901
- Metro
- Palm Bay-Melbourne-Titusville, FL
- Units, rooms or beds
- 238
- Built
- 1985
- Value at securitization
- $37.8M (Apr 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.80x | n/a |
| Occupancy | 79% | n/a |
| Net operating income | $3.4M | n/a |
Watch flags
Computed from the Benchmark 2019-B11 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Past maturity
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 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
- The most recent valuation in the filing is $24.5M (January 6, 2026), against $37.8M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.5M | Non performing matured balloon | Yes | n/a | n/a |
| August 2026 | $24.5M | Non performing matured balloon | Yes | n/a | n/a |
| July 2026 | $24.5M | Non performing matured balloon | Yes | n/a | n/a |
| June 2026 | $24.5M | Non performing matured balloon | Yes | n/a | n/a |
| May 2026 | $24.5M | Non performing matured balloon | Yes | n/a | n/a |
| April 2026 | $24.5M | Non performing matured balloon | Yes | 2.22x | 67% |
| March 2026 | $24.5M | Non performing matured balloon | Yes | 2.22x | 67% |
| February 2026 | $24.5M | Non performing matured balloon | Yes | 2.22x | 67% |
| January 2026 | $24.5M | Non performing matured balloon | Yes | 2.22x | 67% |
| December 2025 | $24.5M | Non performing matured balloon | Yes | 2.22x | 67% |
| November 2025 | $24.5M | Non performing matured balloon | Yes | 2.22x | 67% |
| October 2025 | $24.5M | Non performing matured balloon | Yes | 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.
Special-servicing history
- Transferred to the special servicer April 3, 2024, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2019-B11 Mortgage Trust | 17 | $24,500,000 | Sep 2026 | SEC filing, September 28, 2026 |
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.