Hotel · Clearwater, Florida
Holiday Inn Express Clearwater
Holiday Inn Express Clearwater is financed with a $13.4M CMBS loan at 6.919% that reaches maturity on January 6, 2036, in 9 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
- $13,416,019
- Original balance (same notes)
- $13,500,000
- Interest rate
- 6.919% fixed
- Originated
- January 9, 2026
- Maturity
- January 6, 2036
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 5, 2035
- Master servicer
- Midland
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 13625 Icot Boulevard, Clearwater, FL 33760
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Units, rooms or beds
- 127
- Built
- 1987, renovated 2023
- Value at securitization
- $20.0M (Dec 2025)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.70x | 1.33x |
| Occupancy | 74% | 70% |
| Net operating income (annualized from 6 months) | $1.8M | $2.9M |
| Debt yield | 21.4% |
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 2026-B42 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
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 70%.
- Net operating income is 58% above the underwritten figure ($2.9M a year against $1.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.70x at securitization to 1.33x on the latest statements.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $13.4M | Current | No | 1.33x | 70% |
| August 2026 | $13.4M | Current | No | 1.33x | 70% |
| July 2026 | $13.4M | Current | No | n/a | n/a |
| June 2026 | $13.4M | Current | No | n/a | n/a |
| May 2026 | $13.5M | Current | No | n/a | n/a |
| April 2026 | $13.5M | Current | No | n/a | n/a |
| March 2026 | $13.5M | Current | No | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-B42 Mortgage Trust | 17 | $13,416,019 | Sep 2026 | SEC filing, October 1, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pebble Creek Collection | Tampa, FL | Retail | $7.2M | 6.616% | May 2036 | 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.