Hotel · Wheat Ridge, Colorado
Holiday Inn Express & Suites Wheat Ridge
Holiday Inn Express & Suites Wheat Ridge is financed with a $8.8M CMBS loan at 4.976% that reaches maturity on July 1, 2028, in 20 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $8,808,814
- Original balance (same notes)
- $9,660,000
- Interest rate
- 4.976% fixed
- Originated
- June 8, 2018
- Maturity
- July 1, 2028
- Payments
- Interest only for 12 months, then amortizing
- Prepayment lockout ends
- January 31, 2028
- Master servicer
- Trimont LLC
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred July 25, 2024
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 10101 West 48th Avenue, Wheat Ridge, CO 80033
- Metro
- Denver-Aurora-Centennial, CO
- Units, rooms or beds
- 103
- Built
- 1984, renovated 2014
- Value at securitization
- $14.4M (May 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.80x | -0.58x |
| Occupancy | 74% | 65% |
| Net operating income | $1.1M | $-358K |
| Debt yield | -4.1% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Benchmark 2018-B5 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 74% when the loan was securitized to 65%.
- Net operating income is 132% below the underwritten figure ($-358K a year against $1.1M).
- Debt service coverage moved from 1.80x at securitization to -0.58x on the latest statements.
- At -0.58x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $7.0M (December 26, 2025), against $14.4M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.8M | 90+ days delinquent | Yes | -0.58x | 65% |
| August 2026 | $8.8M | 90+ days delinquent | Yes | -0.58x | 65% |
| July 2026 | $8.8M | 90+ days delinquent | Yes | -0.58x | 65% |
| June 2026 | $8.8M | 90+ days delinquent | Yes | -0.58x | 65% |
| May 2026 | $8.8M | 90+ days delinquent | Yes | 0.80x | 72% |
| April 2026 | $8.8M | 90+ days delinquent | Yes | 0.80x | 72% |
| March 2026 | $8.8M | 90+ days delinquent | Yes | 0.80x | 72% |
| February 2026 | $8.8M | 90+ days delinquent | Yes | 0.80x | 72% |
| January 2026 | $8.8M | 90+ days delinquent | Yes | 0.80x | 72% |
| December 2025 | $8.8M | 90+ days delinquent | Yes | 1.22x | 62% |
| November 2025 | $8.8M | 90+ days delinquent | Yes | 1.22x | 62% |
| October 2025 | $8.8M | 90+ days delinquent | Yes | 0.75x | 61% |
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 July 25, 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 2018-B5 Mortgage Trust | 37 | $8,808,814 | Sep 2026 | SEC filing, September 28, 2026 |
Other Denver-Aurora-Centennial loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Re/max Plaza | Denver, CO | Office | $65.5M | 4.681% | Apr 2028 | 3.04x | 100% | Current |
| Thorncreek Crossing | Thornton, CO | Retail | $30.7M | 4.623% | May 2028 | 2.31x | 99% | Current |
| One Lincoln Station | Lone Tree, CO | Office | $27.0M | 4.805% | Apr 2028 | 0.69x | 76% | Current |
| 3300 East 1st Avenue | Denver, CO | Mixed use | $24.4M | 4.90% | Jun 2028 | 1.83x | 82% | Current |
| Cherry Tower | Denver, CO | Office | $18.2M | 4.835% | Sep 2028 | 1.26x | 63% | With the special servicer |
| Fairfield Inn & Suites Denver/aurora | Aurora, CO | Hotel | $10.9M | 5.42% | Oct 2028 | 1.21x | 67% | Current |
| Hyatt House Broomfield | Broomfield, CO | Hotel | $9.6M | 5.41% | Mar 2028 | n/a | n/a | Current |
| A Storage Place - Evergreen | Evergreen, CO | Self storage | $9.5M | 4.997% | Feb 2028 | n/a | n/a | Current |
All loans maturing in 2028 · All Denver-Aurora-Centennial loans
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.