Hotel · Owings Mills, Maryland

Hyatt Place Baltimore Owings Mills

Hyatt Place Baltimore Owings Mills is financed with a $6.3M CMBS loan at 8.23% that reaches maturity on January 6, 2029, in 2 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.

The loan

Balance in tracked trusts
$6,300,000
Original balance (same notes)
$6,300,000
Interest rate
8.23% fixed
Originated
December 21, 2023
Maturity
January 6, 2029
Payments
Interest only for the full term
Prepayment lockout ends
September 5, 2028
Master servicer
Trimont LLC
Originator
Bank of Montreal

Status

Payment status
Current (code 0)
Special servicing
No transfer reported
Defeasance
None reported

The property

Address
4730 Painters Mill Road, Owings Mills, MD 21117
Metro
Baltimore-Columbia-Towson, MD
Units, rooms or beds
123
Built
2000, renovated 2014
Value at securitization
$12.0M (Nov 2024)

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest (Mar 2026)
DSCR (NOI)1.88x1.76x
Occupancy63%57%
Net operating income$990K$1.0M
Debt yield15.9%

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 2024-5C3 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.

What the filing shows

  • Occupancy has fallen from 63% when the loan was securitized to 57%.
  • Debt service coverage moved from 1.88x at securitization to 1.76x on the latest statements.

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$6.3MCurrentNo1.76x57%
August 2026$6.3MCurrentNo1.76x57%
July 2026$6.3MCurrentNo1.84x59%
June 2026$6.3MCurrentNo1.84x59%
May 2026$6.3MCurrentNo1.84x59%
April 2026$6.3MCurrentNo1.84x59%
March 2026$6.3MCurrentNo2.03x61%
February 2026$6.3MCurrentNo2.03x61%
January 2026$6.3MCurrentNo2.03x61%
December 2025$6.3MCurrentNo2.03x61%
November 2025$6.3MCurrentNo2.04x61%
October 2025$6.3MCurrentNo2.04x61%

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.

TrustLoan no.BalanceReport periodSource
BMO 2024-5C3 Mortgage Trust32$6,300,000Sep 2026SEC filing, October 2, 2026

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Baltimore-Columbia-Towson loans due in 2029

Property Location Type Balance Rate Matures DSCR Occ. Status
Fieldside Grande Aberdeen, MD Multifamily $52.3M 6.06% Jul 2029 n/a n/a Current
Hilton Baltimore BWI Airport Linthicum Heights, MD Hotel $35.0M 4.799% Apr 2029 1.57x 82% Current
Patuxent Crossing, Columbia Columbia, MD Office $33.2M 4.60% Apr 2029 1.08x 67% Current
McGaw Commerce Center Columbia, MD Industrial $32.5M 6.823% Apr 2029 1.15x 93% Current
Dundalk Plaza Baltimore, MD Retail $27.3M 7.20% Aug 2029 1.53x 99% Current
Airport Square Linthicum, MD Industrial $26.2M 4.20% Nov 2029 2.72x n/a Current
Knightsbridge and Sheffield House Apartments Baltimore, MD Multifamily $9.1M 7.05% Jan 2029 1.36x 90% Current
Schnader Enterprises Portfolio Baltimore, MD Multifamily $6.0M 4.52% Jun 2029 2.22x 91% Current

All loans maturing in 2029 · All Baltimore-Columbia-Towson 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.