Hotel · San Diego, California
Holiday Inn - San Diego
Holiday Inn - San Diego is financed with a $20.9M CMBS loan at 4.31% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $20,872,264
- Original balance (same notes)
- $24,000,000
- Interest rate
- 4.31% fixed
- Originated
- August 28, 2019
- Maturity
- September 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently April 6, 2020
- Defeasance
- None reported
The property
- Address
- 635 Hotel Circle South, San Diego, CA 92108
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Units, rooms or beds
- 104
- Built
- 2015
- Value at securitization
- $34.6M (May 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.88x | 2.19x |
| Occupancy | 87% | n/a |
| Net operating income | $2.7M | $3.1M |
| Debt yield | 15.0% |
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 GS Mortgage Securities Trust 2019-GC42 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- 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
- Net operating income is 16% above the underwritten figure ($3.1M a year against $2.7M).
- Debt service coverage moved from 1.88x at securitization to 2.19x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $20.9M | Current | No | 2.19x | n/a |
| September 2026 | $20.9M | Current | No | 2.19x | n/a |
| August 2026 | $21.0M | Current | No | n/a | n/a |
| July 2026 | $21.0M | Current | No | n/a | n/a |
| June 2026 | $21.0M | Current | No | n/a | n/a |
| May 2026 | $21.1M | Current | No | n/a | n/a |
| April 2026 | $21.1M | Current | No | 2.29x | 97% |
| March 2026 | $21.2M | Current | No | 2.29x | 97% |
| February 2026 | $21.2M | Current | No | 3.00x | n/a |
| January 2026 | $21.3M | Current | No | 3.00x | n/a |
| December 2025 | $21.3M | Current | No | 3.00x | n/a |
| November 2025 | $21.3M | Current | No | 3.00x | n/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.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GC42 | 20 | $20,872,264 | Oct 2026 | SEC filing, October 22, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sunroad Centrum | San Diego, CA | Office | $82.5M | 7.912% | May 2029 | 1.26x | 100% | Current |
| Highlands Corporate Center | San Diego, CA | Office | $52.0M | 6.80% | Dec 2029 | n/a | n/a | Current |
| Vista Village Shopping Center | Vista, CA | Retail | $44.0M | 4.38% | Apr 2029 | 2.59x | 91% | Current |
| Homewood Suites Mission Valley | San Diego, CA | Hotel | $28.4M | 7.886% | Apr 2029 | 1.17x | 95% | Current |
| Hilton Garden Inn - San Diego Mission Valley Stadium | San Diego, CA | Hotel | $21.1M | 4.65% | Jul 2029 | 1.90x | 85% | Current |
| Monarch Corporate Center | San Diego, CA | Office | $19.8M | 4.65% | Jan 2029 | 2.05x | 89% | Current |
| Miramar Metroplex | San Diego, CA | Mixed use | $18.9M | 6.818% | Nov 2029 | 1.99x | 75% | Current |
| Canyon Corporate Center | San Diego, CA | Office | $18.5M | 3.70% | Sep 2029 | 3.36x | 100% | Current |
All loans maturing in 2029 · All San Diego-Chula Vista-Carlsbad loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.