Hotel portfolio, 7 properties · Multiple locations
Hilton Portfolio
Public CMBS trusts hold $10.7M of the loan on this portfolio at 4.30% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,704,696
- Original balance (same notes)
- $12,000,000
- Interest rate
- 4.30% fixed
- Originated
- August 9, 2019
- Maturity
- September 6, 2029
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ends
- June 5, 2029
- Master servicer
- KeyBank National Association
- Originator
- SMC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 709
- Value at securitization
- $110.0M (Jun 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.29x | 2.18x |
| Occupancy | 76% | 72% |
| Net operating income | $9.2M | $8.8M |
| Debt yield | 82.2% |
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 Morgan Stanley Capital I Trust 2019-L3 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 76% when the loan was securitized to 72%.
- Debt service coverage moved from 2.29x at securitization to 2.18x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.7M | Current | No | 2.18x | 72% |
| August 2026 | $10.7M | Current | No | 2.18x | 72% |
| July 2026 | $10.7M | Current | No | 2.18x | 72% |
| June 2026 | $10.8M | Current | No | 2.18x | 72% |
| May 2026 | $10.8M | Current | No | 2.37x | 73% |
| April 2026 | $10.8M | Current | No | 2.37x | 73% |
| March 2026 | $10.8M | Current | No | 2.37x | 73% |
| February 2026 | $10.8M | Current | No | 2.37x | 73% |
| January 2026 | $10.9M | Current | No | 2.37x | 73% |
| December 2025 | $10.9M | Current | No | 2.27x | 73% |
| November 2025 | $10.9M | Current | No | 2.27x | 73% |
| October 2025 | $10.9M | Current | No | 2.27x | 73% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2019-L3 | 24 | $10,704,696 | Sep 2026 | SEC filing, October 2, 2026 |
Other hotel loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Bellagio Hotel and Casino | Las Vegas, NV | Hotel | $600.0M | 3.17% | Dec 2029 | 6.51x | 97% | Current |
| Intercontinental New Orleans | New Orleans, LA | Hotel | $185.0M | 4.958% | May 2029 | n/a | n/a | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| Casa Cipriani | New York, NY | Hotel | $100.7M | 7.27% | Mar 2029 | 2.89x | 61% | Current |
| The Estate Yountville 2.0 | Yountville, CA | Hotel | $93.0M | 5.88% | Oct 2029 | 2.58x | 101% | Current |
| Arthouse Hotel | New York, NY | Hotel | $85.0M | 7.38% | Aug 2029 | 1.51x | 81% | Current |
| Sheraton Hotel Brooklyn | Brooklyn, NY | Hotel | $85.0M | 7.48% | Feb 2029 | 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.