Hotel · Tampa, Florida

Holiday Inn Express - Tampa, Florida

Holiday Inn Express - Tampa, Florida is financed with a $12.5M CMBS loan at 7.938% that reaches maturity on February 6, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$12,469,284
Original balance (same notes)
$12,475,000
Interest rate
7.938% fixed
Originated
January 24, 2024
Maturity
February 6, 2029
Payments
Interest only for 30 months, then amortizing
Prepayment lockout ends
August 5, 2028
Master servicer
KeyBank National Association
Originator
Barclays Capital Real Estate Inc.

Status

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

The property

Address
2807 E. Busch Boulevard, Tampa, FL 33612
Metro
Tampa-St. Petersburg-Clearwater, FL
Units, rooms or beds
123
Built
2008, renovated 2019
Value at securitization
$19.0M (Dec 2023)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Jun 2026)
DSCR (NOI)1.61x1.59x
Occupancy70%80%
Net operating income (annualized from 6 months)$1.8M$3.2M
Debt yield25.8%

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 BBCMS Mortgage Trust 2024-5C25 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 risen from 70% when the loan was securitized to 80%.
  • Net operating income is 82% above the underwritten figure ($3.2M a year against $1.8M; the latest statement covers 6 months, annualized).

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$12.5MCurrentNo1.59x80%
August 2026$12.5MLate payment but less than 30 days delinquentNo1.59x80%
July 2026$12.5MCurrentNo1.92x83%
June 2026$12.5MCurrentNo1.92x83%
May 2026$12.5MCurrentNon/an/a
April 2026$12.5MCurrentNo1.06x69%
March 2026$12.5MCurrentNo1.06x69%
February 2026$12.5MCurrentNo1.33x69%
January 2026$12.5MCurrentNo1.33x70%
December 2025$12.5MCurrentNo1.80x70%
November 2025$12.5MCurrentNo1.80x77%
October 2025$12.5MCurrentNo1.80x77%

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
BBCMS Mortgage Trust 2024-5C2523$12,469,284Sep 2026SEC filing, September 29, 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 Tampa-St. Petersburg-Clearwater loans due in 2029

Property Location Type Balance Rate Matures DSCR Occ. Status
Westshore Crossing Tampa, FL Multifamily $50.4M 6.499% Jul 2029 n/a n/a Current
Charleston On 66th Largo, FL Multifamily $37.4M 3.433% Nov 2029 2.64x 96% Current
Westshore Center Tampa, FL Office $32.5M 7.455% Aug 2029 1.60x 82% Current
Nature Coast Commons Spring Hill, FL Retail $28.5M 7.14% Sep 2029 1.46x 97% Current
Agora at Port Richey (FL) Port Richey, FL Multifamily $24.0M 3.99% Aug 2029 2.39x 88% Current
Tri Pointe Plaza Tampa, FL Mixed use $22.2M 3.66% Nov 2029 n/a n/a Current
Hampton Inn Clearwater Clearwater, FL Hotel $17.3M 4.25% Sep 2029 2.40x 7% Current
Cypress Point Office Park Tampa, FL Office $13.5M 4.92% Jan 2029 3.44x 94% Current

All loans maturing in 2029 · All Tampa-St. Petersburg-Clearwater 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.