Hotel · Grovetown, Georgia
Home2 Suites - Grovetown
Home2 Suites - Grovetown is financed with a $10.9M CMBS loan at 4.032% 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
- $10,893,051
- Original balance (same notes)
- $12,530,000
- Interest rate
- 4.032% fixed
- Originated
- October 18, 2019
- Maturity
- November 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 31, 2029
- Master servicer
- Trimont LLC
- Originator
- BANA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 903 Husk Box Way, Grovetown, GA 30813
- Metro
- Augusta-Richmond County, GA-SC
- Units, rooms or beds
- 118
- Built
- 2016
- Value at securitization
- $17.9M (Oct 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.11x | 2.67x |
| Occupancy | 73% | 69% |
| Net operating income | $1.5M | $1.9M |
| Debt yield | 17.6% |
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 BANK 2019-BNK23 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 fallen from 73% when the loan was securitized to 69%.
- Net operating income is 26% above the underwritten figure ($1.9M a year against $1.5M).
- Debt service coverage moved from 2.11x at securitization to 2.67x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.9M | Current | No | 2.67x | 69% |
| August 2026 | $10.9M | Current | No | 2.67x | 69% |
| July 2026 | $10.9M | Current | No | 2.43x | 65% |
| June 2026 | $11.0M | Current | No | 2.43x | 65% |
| May 2026 | $11.0M | Current | No | 3.01x | 72% |
| April 2026 | $11.0M | Current | No | 3.01x | 72% |
| March 2026 | $11.0M | Current | No | 3.01x | 72% |
| February 2026 | $11.1M | Current | No | 3.01x | 72% |
| January 2026 | $11.1M | Current | No | 3.89x | 80% |
| December 2025 | $11.1M | Current | No | 3.89x | 80% |
| November 2025 | $11.1M | Current | No | 3.75x | 79% |
| October 2025 | $11.1M | Current | No | 3.75x | 79% |
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 |
|---|---|---|---|---|
| BANK 2019-BNK23 | 28 | $10,893,051 | Sep 2026 | SEC filing, October 1, 2026 |
Other Augusta-Richmond County loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Ramblewood Apartments | Augusta, GA | Multifamily | $29.6M | 5.26% | Mar 2029 | n/a | n/a | Current |
| Crowne Plaza North Augusta | North Augusta, SC | Hotel | $29.0M | 7.797% | Dec 2029 | 2.20x | 67% | Current |
| Hollywood Storage - Evans | Evans, GA | Self storage | $14.3M | 4.60% | May 2029 | n/a | n/a | Current |
| South Carolina Storage Portfolio - Summit Self Storage | North Augusta, SC | Self storage | $11.0M | 4.29% | Jun 2029 | n/a | n/a | Current |
| Washington Road Self Storage | Martinez, GA | Self storage | $8.8M | 4.00% | Dec 2029 | 1.60x | 84% | Current |
| Grovetown Self-Storage | Grovetown, GA | Self storage | $6.4M | 4.15% | Aug 2029 | n/a | n/a | Current |
| The Storage Center | Aiken, SC | Self storage | $4.3M | 4.005% | Dec 2029 | 2.26x | 89% | Current |
| Riverwest Business Park | Augusta, GA | Industrial | $3.3M | 5.98% | Oct 2029 | 1.90x | 96% | Current |
All loans maturing in 2029 · All Augusta-Richmond County 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.