Hotel · Hasbrouck Heights, New Jersey
Holiday Inn Hasbrouck Heights
283 NJ State Route 17, Hasbrouck Heights, NJ · Google Maps
Holiday Inn Hasbrouck Heights is financed with a $19.0M CMBS loan at 8.32% that reaches maturity on November 6, 2031, in 5 years. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $19,000,000
- Original balance (same notes)
- $19,000,000
- Interest rate
- 8.32% fixed
- Originated
- October 16, 2026
- Maturity
- November 6, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2031
- Master servicer
- Trimont LLC
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 283 NJ State Route 17, Hasbrouck Heights, NJ 07604
- Metro
- New York-Newark-Jersey City, NY-NJ
- Units, rooms or beds
- 248
- Built
- 1967, renovated 2024
- Value at securitization
- $34.5M (Aug 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 1.73x | n/a |
| Occupancy | 70% | n/a |
| Net operating income | $2.8M | n/a |
Comparable loans: hotel properties in New York-Newark-Jersey City, NY-NJ, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-V24 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC October 26, 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.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Nov 2026.
Operating statement
| Annual | At securitization | Latest | Per unit |
|---|---|---|---|
| Revenue | $9.6M | n/a | |
| Operating expenses | $6.8M | n/a | |
| Net operating income | $2.8M | n/a | |
| Net cash flow | $2.4M | n/a | |
| Expense ratio | 71.1% | n/a |
From the servicer's Schedule AL report; 248 units; renovated 2024.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-V24 Mortgage Trust | 10 | $19,000,000 | Nov 2026 | SEC filing, October 26, 2026 |
Other New York-Newark-Jersey City loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 535-545 Fifth Avenue | New York, NY | Mixed use | $309.3M | 7.06% | Jan 2031 | 1.23x | 89% | Current |
| 375 Pearl Street | New York, NY | Office | $220.0M | 3.368% | Jun 2031 | 2.15x | 100% | Current |
| Park Avenue Plaza | New York, NY | Office | $180.0M | 2.837% | Nov 2031 | 3.70x | 100% | Current |
| 15 West 47th Street and 2 other properties | New York, NY | Office | $141.0M | 3.51% | Jan 2031 | n/a | n/a | Current |
| Journal Squared Tower 2 | Jersey City, NJ | Multifamily | $133.5M | 3.49% | Dec 2031 | 3.24x | 94% | Current |
| 2 Washington Street | New York, NY | Multifamily | $131.5M | 3.45% | Aug 2031 | 2.91x | 100% | With the special servicer and 90+ days delinquent |
| 1 Willoughby Square | Brooklyn, NY | Office | $125.0M | 6.786% | Jan 2031 | 0.97x | 91% | Current |
| The Arches and 5 other properties | Bronx, NY | Other | $120.0M | 5.436% | Feb 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.