Hotel · Miami Beach, Florida
Holiday Inn Miami Beach
Holiday Inn Miami Beach is financed with a $26.0M CMBS loan at 4.44% that reaches maturity on March 6, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $26,000,000
- Original balance (same notes)
- $26,000,000
- Interest rate
- 4.44% fixed
- Originated
- February 15, 2017
- Maturity
- March 6, 2027
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 5, 2019
- Master servicer
- Trimont LLC
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently September 6, 2020
- Defeasance
- None reported
The property
- Address
- 4333 Collins Avenue, Miami Beach, FL 33140
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Units, rooms or beds
- 253
- Built
- 1957, renovated 2008
- Value at securitization
- $61.4M (Dec 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 4.05x | 2.41x |
| Occupancy | 82% | 76% |
| Net operating income | $4.7M | $2.8M |
| 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 JPMDB Commercial Mortgage Securities Trust 2017-C5 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
- 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 82% when the loan was securitized to 76%.
- Net operating income is 41% below the underwritten figure ($2.8M a year against $4.7M).
- Debt service coverage moved from 4.05x at securitization to 2.41x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $26.0M | Current | No | 2.41x | 76% |
| August 2026 | $26.0M | Current | No | 2.41x | 76% |
| July 2026 | $26.0M | Current | No | 2.41x | 76% |
| June 2026 | $26.0M | Current | No | 2.41x | 76% |
| May 2026 | $26.0M | Current | No | 2.41x | 76% |
| April 2026 | $26.0M | Current | No | 2.48x | 77% |
| March 2026 | $26.0M | Current | No | 2.81x | 77% |
| February 2026 | $26.0M | Current | No | 2.81x | 77% |
| January 2026 | $26.0M | Current | No | 2.81x | 77% |
| December 2025 | $26.0M | Current | No | 2.81x | 77% |
| November 2025 | $26.0M | Current | No | 3.03x | 76% |
| October 2025 | $26.0M | Current | No | 3.03x | 76% |
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 |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2017-C5 | 19 | $26,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Royal Oaks Plaza | Miami Lakes, FL | Retail | $24.6M | 4.606% | Feb 2027 | 2.32x | 92% | Current |
| Brickell Heights | Miami, FL | Retail | $21.0M | 4.476% | Aug 2027 | n/a | n/a | Current |
| Wellington Marketplace | Wellington, FL | Retail | $20.2M | 5.12% | Apr 2027 | 1.86x | 100% | Current |
| Crystal Corporate Center | Boca Raton, FL | Office | $19.3M | 4.97% | Jul 2027 | 2.12x | 98% | Current |
| The Strand on Ocean Drive | Miami Beach, FL | Retail | $18.7M | 5.17% | Mar 2027 | 1.38x | 100% | Current |
| Victoria Park Shoppes | Fort Lauderdale, FL | Retail | $16.7M | 4.82% | Jul 2027 | 1.33x | 98% | Current |
| Miramar Town Center | Miramar, FL | Mixed use | $16.2M | 4.497% | Dec 2027 | 1.58x | 99% | Current |
| Towneplace Suites - Boynton Beach | Boynton Beach, FL | Hotel | $13.4M | 5.10% | May 2027 | 2.68x | 83% | Current |
All loans maturing in 2027 · All Miami-Fort Lauderdale-West Palm Beach 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.