Hotel · San Diego, California
Homewood Suites Mission Valley
Homewood Suites Mission Valley is financed with a $28.4M CMBS loan at 7.886% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $28,375,000
- Original balance (same notes)
- $28,375,000
- Interest rate
- 7.886% fixed
- Originated
- April 3, 2024
- Maturity
- April 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- October 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 445 Camino Del Rio South, San Diego, CA 92108
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Units, rooms or beds
- 118
- Built
- 2016
- Value at securitization
- $45.4M (Mar 2024)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.63x | 1.17x |
| Occupancy | 93% | 95% |
| Net operating income (annualized from 3 months) | $3.7M | $2.7M |
| Debt yield | 9.5% |
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 BMO 2024-5C4 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 27% below the underwritten figure ($2.7M a year against $3.7M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.63x at securitization to 1.17x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $28.4M | Current | No | 1.17x | 95% |
| August 2026 | $28.4M | Current | No | 1.17x | 94% |
| July 2026 | $28.4M | Current | No | 1.17x | 94% |
| June 2026 | $28.4M | Current | No | 1.17x | 94% |
| May 2026 | $28.4M | Current | No | n/a | n/a |
| April 2026 | $28.4M | Current | No | 1.20x | 89% |
| March 2026 | $28.4M | Current | No | 1.29x | 90% |
| February 2026 | $28.4M | Current | No | 1.29x | 90% |
| January 2026 | $28.4M | Current | No | 1.29x | 90% |
| December 2025 | $28.4M | Current | No | 1.44x | 90% |
| November 2025 | $28.4M | Current | No | 1.44x | 95% |
| October 2025 | $28.4M | Current | No | 1.44x | 95% |
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 |
|---|---|---|---|---|
| BMO 2024-5C4 Mortgage Trust | 13 | $28,375,000 | Sep 2026 | SEC filing, October 2, 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 |
| Hilton Garden Inn - San Diego Mission Valley Stadium | San Diego, CA | Hotel | $21.1M | 4.65% | Jul 2029 | 1.90x | 85% | Current |
| Holiday Inn - San Diego | San Diego, CA | Hotel | $20.9M | 4.31% | Sep 2029 | 2.19x | n/a | 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 September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.