Hotel · Dripping Springs, Texas

Holiday Inn Express Dripping Springs

Holiday Inn Express Dripping Springs is financed with a $11.2M CMBS loan at 7.62% that reaches maturity on June 6, 2033, in 6 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$11,181,677
Original balance (same notes)
$11,500,000
Interest rate
7.62% fixed
Originated
June 6, 2023
Maturity
June 6, 2033
Payments
Amortizing over 30 years
Prepayment lockout ends
March 5, 2033
Master servicer
Midland Loan Services
Originator
Citi Real Estate Funding Inc.

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
333 East Highway 290, Dripping Springs, TX 78620
Metro
Austin-Round Rock-San Marcos, TX
Units, rooms or beds
84
Built
2017
Value at securitization
$19.1M (Mar 2023)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest
DSCR (NOI)1.70xn/a
Occupancy66%n/a
Net operating income$1.7Mn/a

Watch flags

Computed from the Benchmark 2023-B39 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$11.2MCurrentNon/an/a
August 2026$11.2MCurrentNon/an/a
July 2026$11.2MCurrentNon/an/a
June 2026$11.2MCurrentNon/an/a
May 2026$11.2MCurrentNon/an/a
April 2026$11.2MCurrentNon/an/a
March 2026$11.2MCurrentNon/an/a
February 2026$11.2MCurrentNon/an/a
January 2026$11.3MCurrentNon/an/a
December 2025$11.3MCurrentNon/an/a
November 2025$11.3MCurrentNon/an/a
October 2025$11.3MCurrentNon/an/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.

TrustLoan no.BalanceReport periodSource
Benchmark 2023-B39 Mortgage Trust23$11,181,677Sep 2026SEC filing, September 28, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Austin-Round Rock-San Marcos loans due in 2033

Property Location Type Balance Rate Matures DSCR Occ. Status
Residence Inn Austin Northwest Austin, TX Hotel $20.9M 7.419% Sep 2033 1.10x 73% Current
TownePlace Suites Austin Northwest Austin, TX Hotel $19.1M 7.419% Sep 2033 1.24x 69% Current
Triangle Center, Round Rock Round Rock, TX Retail $8.0M 7.35% Sep 2033 2.35x 100% Current

All Austin-Round Rock-San Marcos 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.