Hotel · Berkeley, California
La Quinta Inn Berkeley
La Quinta Inn Berkeley is financed with a $9.5M CMBS loan at 5.20% that reached maturity on February 1, 2026, 8 months ago. As of the Sep 2026 servicer report, the latest filed for this loan, its status is past maturity and not performing.
The loan
- Balance in tracked trusts
- $9,528,900
- Original balance (same notes)
- $10,500,000
- Interest rate
- 5.20% fixed
- Originated
- January 9, 2019
- Maturity
- February 1, 2026
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- March 31, 2021
- Prepayment premium ends
- November 30, 2025 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Non performing matured balloon. (code 5)
- Special servicing
- Transferred September 12, 2024
- Workout strategy
- TBD
- Defeasance
- Partly defeased
The property
- Address
- 920 University Avenue, Berkeley, CA 94710
- Metro
- San Francisco-Oakland-Fremont, CA
- Units, rooms or beds
- 113
- Built
- 1965, renovated 2016
- Value at securitization
- $19.8M (Dec 2018)
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 1.86x | -0.44x |
| Occupancy | 70% | n/a |
| Net operating income | $1.3M | $-304K |
| Debt yield | -3.2% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BENCHMARK 2019-B9 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Past maturity
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 124% below the underwritten figure ($-304K a year against $1.3M).
- Debt service coverage moved from 1.86x at securitization to -0.44x on the latest statements.
- At -0.44x, the property's reported NOI does not cover its debt service.
- The most recent valuation in the filing is $12.0M (November 19, 2024), against $19.8M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| August 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| July 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| June 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| May 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| April 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| March 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| February 2026 | $9.5M | Non performing matured balloon | Yes | -0.44x | n/a |
| January 2026 | $9.5M | 90+ days delinquent | Yes | -0.44x | n/a |
| December 2025 | $9.5M | 90+ days delinquent | Yes | -0.44x | n/a |
| November 2025 | $9.5M | 90+ days delinquent | Yes | -0.44x | n/a |
| October 2025 | $9.5M | 90+ days delinquent | Yes | -0.44x | n/a |
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 12, 2024, still there.
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 |
|---|---|---|---|---|
| BENCHMARK 2019-B9 MORTGAGE TRUST | 33 | $9,528,900 | Sep 2026 | SEC filing, September 30, 2026 |
Other San Francisco-Oakland-Fremont loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Cove at Tiburon | Tiburon, CA | Multifamily | $50.0M | 3.75% | Oct 2026 | 1.21x | 87% | With the special servicer |
| Shoreline Office Center | Mill Valley, CA | Office | $20.2M | 4.50% | Dec 2026 | 2.35x | 91% | Current |
| Bay Area Self Storage Phase 1 | San Carlos, CA | Self storage | $8.8M | 4.024% | Dec 2026 | 4.30x | 100% | Current |
| Alameda Apartments | Alameda, CA | Multifamily | $5.9M | 4.877% | Dec 2026 | 1.75x | 86% | Current |
| 1350 Carlback Avenue | Walnut Creek, CA | Office | $5.8M | 4.15% | Nov 2026 | 2.09x | 100% | Current |
| Storquest - Oakland, Ca | Oakland, CA | Self storage | $5.1M | 4.298% | Dec 2026 | 2.34x | 81% | Current |
| Bay Area Self Storage Phase 2 | San Carlos, CA | Self storage | $5.0M | 4.024% | Dec 2026 | 4.38x | 100% | Current |
All loans maturing in 2026 · All San Francisco-Oakland-Fremont 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.