Hotel · New Orleans, Louisiana
Hotel St. Marie - New Orleans
Hotel St. Marie - New Orleans is financed with a $12.2M CMBS loan at 4.10% that reaches maturity on July 1, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,202,196
- Original balance (same notes)
- $15,000,000
- Interest rate
- 4.10% fixed
- Originated
- June 28, 2019
- Maturity
- July 1, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- February 28, 2029
- Master servicer
- Trimont LLC
- Originator
- Bank of America, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred December 11, 2020, returned February 23, 2022
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 817, 825, and 827 Rue Toulouse, New Orleans, LA 70112
- Metro
- New Orleans-Metairie, LA
- Units, rooms or beds
- 103
- Built
- 1970, renovated 2019
- Value at securitization
- $30.7M (Apr 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.54x | 2.42x |
| Occupancy | 91% | 75% |
| Net operating income | $2.4M | $2.3M |
| Debt yield | 19.0% |
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-BNK20 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Occupancy down 10 points 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
- Occupancy has fallen from 91% when the loan was securitized to 75%.
- Debt service coverage moved from 2.54x at securitization to 2.42x on the latest statements.
- The most recent valuation in the filing is $20.8M (March 26, 2021), against $30.7M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.2M | Current | No | 2.42x | 75% |
| August 2026 | $12.2M | Current | No | 2.42x | 75% |
| July 2026 | $12.3M | Current | No | 2.13x | 73% |
| June 2026 | $12.3M | Current | No | 2.13x | 73% |
| May 2026 | $12.3M | Current | No | 2.13x | 73% |
| April 2026 | $12.4M | Current | No | 2.25x | 72% |
| March 2026 | $12.4M | Current | No | 2.41x | 74% |
| February 2026 | $12.5M | Current | No | 2.41x | 74% |
| January 2026 | $12.5M | Current | No | 2.41x | 74% |
| December 2025 | $12.5M | Current | No | 2.41x | 74% |
| November 2025 | $12.6M | Current | No | 2.41x | 74% |
| October 2025 | $12.6M | Current | No | 2.62x | 75% |
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 December 11, 2020, returned to the master servicer February 23, 2022.
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 |
|---|---|---|---|---|
| BANK 2019-BNK20 | 26 | $12,202,196 | Sep 2026 | SEC filing, October 1, 2026 |
Other New Orleans-Metairie loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Intercontinental New Orleans | New Orleans, LA | Hotel | $185.0M | 4.958% | May 2029 | n/a | n/a | Current |
| Elmwood Shopping Center | Elmwood, LA | Retail | $85.0M | 6.60% | Jan 2029 | 2.50x | 96% | Current |
| Doubletree New Orleans | New Orleans, LA | Hotel | $74.0M | 3.833% | Dec 2029 | 0.99x | 65% | Current |
| Pan American Life Center | New Orleans, LA | Office | $43.2M | 3.97% | Jun 2029 | 1.70x | 80% | Current |
| Victory Louisiana Real Estate Portfolio | Metairie, LA | Retail | $34.0M | 7.195% | Mar 2029 | 1.76x | 100% | Current |
| Emerald Pointe Apartments, Harvey | Harvey, LA | Multifamily | $25.0M | 3.80% | Aug 2029 | 3.07x | 94% | Current |
| Marriott Metairie At Lakeway | Metairie, LA | Hotel | $14.9M | 4.55% | Jun 2029 | 3.04x | 70% | Current |
| DH Holmes | New Orleans, LA | Multifamily | $9.5M | 7.952% | Aug 2029 | n/a | n/a | 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.