Hotel · Novi, Michigan
Homewood Suites Novi
Homewood Suites Novi is financed with a $7.1M CMBS loan at 4.29% that reaches maturity on February 6, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,092,508
- Original balance (same notes)
- $8,500,000
- Interest rate
- 4.29% fixed
- Originated
- January 13, 2020
- Maturity
- February 6, 2030
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- October 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 26150 Town Center Dr, Novi, MI 48375
- Metro
- Detroit-Warren-Dearborn, MI
- Units, rooms or beds
- 89
- Built
- 2018
- Value at securitization
- $14.5M (Oct 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.07x | n/a |
| Occupancy | 69% | n/a |
| Net operating income | $1.2M | n/a |
Watch flags
Computed from the CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.1M | Current | No | n/a | n/a |
| August 2026 | $7.1M | Current | No | n/a | n/a |
| July 2026 | $7.1M | Current | No | n/a | n/a |
| June 2026 | $7.2M | Current | No | n/a | n/a |
| May 2026 | $7.2M | Current | No | n/a | n/a |
| April 2026 | $7.2M | Current | No | 3.49x | 74% |
| March 2026 | $7.2M | Current | No | 3.49x | 74% |
| February 2026 | $7.2M | Current | No | 3.65x | 83% |
| January 2026 | $7.3M | Current | No | 3.65x | 83% |
| December 2025 | $7.3M | Current | No | 3.65x | 83% |
| November 2025 | $7.3M | Current | No | 3.44x | 83% |
| October 2025 | $7.3M | Current | No | 3.44x | 83% |
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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46 | 40 | $7,092,508 | Sep 2026 | SEC filing, September 30, 2026 |
Other Detroit-Warren-Dearborn loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Gateway Industrial Center | Detroit, MI | Industrial | $93.0M | 6.74% | Jul 2030 | n/a | n/a | Late, less than 30 days |
| The Westin Book Cadillac | Detroit, MI | Hotel | $75.0M | 4.39% | Feb 2030 | 0.83x | 63% | Current |
| The Draxton Hotel 2.0 | Birmingham, MI | Hotel | $50.0M | 6.82% | Aug 2030 | 2.32x | 67% | Current |
| Infinity Park Apartments | Detroit, MI | Multifamily | $38.0M | 5.613% | Dec 2030 | n/a | n/a | Current |
| Southfield Westin | Southfield, MI | Hotel | $37.9M | 7.395% | May 2030 | 2.01x | 70% | Current |
| Lewis Technology Centre | Novi, MI | Office | $30.6M | 3.688% | Feb 2030 | n/a | n/a | Current |
| The Standard | Farmington Hills, MI | Office | $28.7M | 3.672% | Nov 2030 | 0.48x | 35% | Current |
| Brewery Park - Phase II | Detroit, MI | Office | $27.1M | 4.035% | Sep 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Detroit-Warren-Dearborn 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.