Hotel · Jacksonville, Florida
Holiday Inn Jacksonville East
Holiday Inn Jacksonville East is financed with a $6.3M CMBS loan at 4.20% that reaches maturity on November 1, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,282,760
- Original balance (same notes)
- $6,875,000
- Interest rate
- 4.20% fixed
- Originated
- October 3, 2019
- Maturity
- November 1, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- July 31, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently June 1, 2020
- Defeasance
- None reported
The property
- Address
- 11083 Nurseryfields Drive, Jacksonville, FL 32256
- Metro
- Jacksonville, FL
- Units, rooms or beds
- 98
- Built
- 2008
- Value at securitization
- $11.5M (Jul 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.33x | 1.68x |
| Occupancy | 90% | 71% |
| Net operating income | $941K | $677K |
| Debt yield | 10.8% |
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 Morgan Stanley Capital I Trust 2019-L3 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Modified
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 90% when the loan was securitized to 71%.
- Net operating income is 28% below the underwritten figure ($677K a year against $941K).
- Debt service coverage moved from 2.33x at securitization to 1.68x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.3M | Current | No | 1.68x | 71% |
| August 2026 | $6.3M | Current | No | 1.68x | 71% |
| July 2026 | $6.3M | Current | No | 1.70x | 69% |
| June 2026 | $6.3M | Current | No | 1.70x | 69% |
| May 2026 | $6.3M | Current | No | 1.72x | 70% |
| April 2026 | $6.3M | Current | No | 1.72x | 70% |
| March 2026 | $6.3M | Current | No | 1.72x | 70% |
| February 2026 | $6.4M | Current | No | 1.72x | 70% |
| January 2026 | $6.4M | Current | No | 1.72x | 70% |
| December 2025 | $6.4M | Current | No | 1.67x | 71% |
| November 2025 | $6.4M | Current | No | 1.67x | 71% |
| October 2025 | $6.4M | Current | No | 1.67x | 71% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2019-L3 | 41 | $6,282,760 | Sep 2026 | SEC filing, October 2, 2026 |
Other Jacksonville loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 12900 Pecan Park Road | Jacksonville, FL | Industrial | $139.1M | 3.25% | Jul 2029 | n/a | n/a | Current |
| Capital Plaza | Jacksonville, FL | Office | $35.0M | 4.42% | Aug 2029 | 2.03x | 87% | Current |
| Creekwood Club | Jacksonville, FL | Multifamily | $20.0M | 6.789% | Jul 2029 | n/a | n/a | Current |
| The Shoppes at Southside | Jacksonville, FL | Retail | $16.0M | 4.15% | Oct 2029 | 2.06x | 98% | Current |
| The Ponce Hotel | St. Augustine, FL | Hotel | $6.1M | 5.10% | Dec 2029 | 0.97x | 61% | Current |
| Fleming Island Business Park | Fleming Island, FL | Office | $5.9M | 4.55% | Aug 2029 | 1.99x | 81% | Current |
| Asbury Commons | Green Cove Springs, FL | Retail | $5.2M | 4.80% | Jun 2029 | 1.86x | 98% | Current |
| WoodSpring Suites Jacksonville | Jacksonville, FL | Hotel | $4.2M | 5.61% | Mar 2029 | 1.51x | 80% | 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.