Hotel · Southaven, Mississippi
Homewood Suites Southaven
Homewood Suites Southaven is financed with a $17.6M CMBS loan at 7.765% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $17,595,930
- Original balance (same notes)
- $18,000,000
- Interest rate
- 7.765% fixed
- Originated
- December 6, 2024
- Maturity
- December 6, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ended
- January 5, 2026
- Prepayment premium ends
- June 5, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 135 Homewood Drive, Southaven, MS 38671
- Metro
- Memphis, TN-MS-AR
- Built
- 2017
- Value at securitization
- $27.9M (Oct 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.54x | 1.50x |
| Occupancy | 94% | 94% |
| Net operating income | $2.5M | $2.5M |
| Debt yield | 13.9% |
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 2025-5C9 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 | $17.6M | Current | No | 1.50x | 94% |
| August 2026 | $17.6M | Current | No | n/a | n/a |
| July 2026 | $17.6M | Current | No | n/a | n/a |
| June 2026 | $17.7M | Current | No | n/a | n/a |
| May 2026 | $17.7M | Current | No | n/a | n/a |
| April 2026 | $17.7M | Late payment but less than 30 days delinquent | No | 1.45x | 92% |
| March 2026 | $17.8M | 30-59 days delinquent | No | 1.45x | 92% |
| February 2026 | $17.8M | 30-59 days delinquent | No | 1.40x | 92% |
| January 2026 | $17.8M | 30-59 days delinquent | No | 1.40x | 92% |
| December 2025 | $17.8M | 30-59 days delinquent | No | 1.40x | 92% |
| November 2025 | $17.8M | 30-59 days delinquent | No | 1.37x | 92% |
| October 2025 | $17.9M | 30-59 days delinquent | No | 1.37x | 92% |
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 2025-5C9 Mortgage Trust | 16 | $17,595,930 | Sep 2026 | SEC filing, October 2, 2026 |
Other Memphis loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 8400 Winchester | Memphis, TN | Industrial | $27.0M | 7.376% | Aug 2029 | 1.73x | 100% | Current |
| Appling Farms Corporate Park | Memphis, TN | Industrial | $24.2M | 7.05% | Jan 2029 | 1.95x | 99% | Current |
| Country View Apartments | Memphis, TN | Multifamily | $21.5M | 6.71% | Apr 2029 | 1.05x | 54% | Current |
| Jamesbridge Apartments | Memphis, TN | Multifamily | $14.3M | 4.65% | Sep 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Ventura Apartments | Memphis, TN | Multifamily | $13.7M | 7.119% | Sep 2029 | 1.25x | 93% | Late, less than 30 days |
| Olive Branch Commons | Olive Branch, MS | Retail | $12.2M | 5.33% | May 2029 | n/a | n/a | Current |
| Quail Hollow | Memphis, TN | Office | $10.5M | 4.90% | Jun 2029 | n/a | n/a | Current |
| Number 10 Main Apartments | Memphis, TN | Multifamily | $8.0M | 4.91% | Nov 2029 | 0.99x | 79% | Current |
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.