Hotel · Atlanta, Georgia
Hotel Clermont
Hotel Clermont is financed with a $19.2M CMBS loan at 4.35% that reaches maturity on November 6, 2029, in 3 years. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $19,228,461
- Original balance (same notes)
- $22,000,000
- Interest rate
- 4.35% fixed
- Originated
- October 7, 2019
- Maturity
- November 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- August 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred September 9, 2020, returned May 6, 2021
- Workout strategy
- Resolved
- Modified
- Yes, most recently February 4, 2021
- Defeasance
- None reported
The property
- Address
- 789 Ponce De Leon Avenue NE 767 Bonaventure Avenue NE, Atlanta, GA 30306
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Units, rooms or beds
- 94
- Built
- 1924, renovated 2018
- Value at securitization
- $36.6M (Jul 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.36x | 1.08x |
| Occupancy | 73% | 66% |
| Net operating income (annualized from 3 months) | $3.1M | $1.4M |
| Debt yield | 7.4% |
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-GSA1 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- 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
- Occupancy has fallen from 73% when the loan was securitized to 66%.
- Net operating income is 54% below the underwritten figure ($1.4M a year against $3.1M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.36x at securitization to 1.08x on the latest statements.
- The most recent valuation in the filing is $28.7M (October 7, 2020), against $36.6M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $19.2M | Current | No | 1.08x | 66% |
| September 2026 | $19.3M | Current | No | 1.08x | 66% |
| August 2026 | $19.3M | Current | No | 1.08x | 66% |
| July 2026 | $19.3M | Current | No | 1.08x | 66% |
| June 2026 | $19.4M | Current | No | 1.08x | 66% |
| May 2026 | $19.4M | Current | No | n/a | n/a |
| April 2026 | $19.5M | Current | No | 1.14x | 69% |
| March 2026 | $19.5M | Current | No | 1.06x | 69% |
| February 2026 | $19.5M | Current | No | 1.06x | 70% |
| January 2026 | $19.6M | Current | No | 1.06x | 70% |
| December 2025 | $19.6M | Current | No | 1.06x | 70% |
| November 2025 | $19.6M | Current | No | 0.56x | 71% |
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.
Special-servicing history
- Transferred to the special servicer September 9, 2020, returned to the master servicer May 6, 2021.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GSA1 | 17 | $19,228,461 | Oct 2026 | SEC filing, October 22, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Colony Square | Atlanta, GA | Mixed use | $260.0M | 7.375% | Oct 2029 | n/a | n/a | Current |
| Embassy Suites At Centennial Olympic Park | Atlanta, GA | Hotel | $73.0M | 4.59% | Jul 2029 | 1.89x | 74% | Current |
| 1198 Woodland Avenue NE | Atlanta, GA | Multifamily | $66.5M | 6.348% | Aug 2029 | n/a | n/a | Current |
| Wildwood Center | Atlanta, GA | Office | $65.0M | 7.98% | Mar 2029 | 1.45x | 81% | Current |
| Sugarloaf Mills | Lawrenceville, GA | Retail | $62.8M | 8.017% | May 2029 | 3.05x | 87% | Current |
| Westin Atlanta Airport | Atlanta, GA | Hotel | $52.6M | 4.62% | Apr 2029 | n/a | n/a | Current |
| AVR Renaissance Atlanta Airport Gateway Hotel | Atlanta, GA | Hotel | $48.0M | 3.65% | Dec 2029 | n/a | n/a | Current |
| Eleven Seventeen Perimeter | Atlanta, GA | Office | $44.0M | 4.18% | Jul 2029 | 0.59x | 41% | Late, less than 30 days |
All loans maturing in 2029 · All Atlanta-Sandy Springs-Roswell 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.