Hotel portfolio, 7 properties · Multiple locations
Lightstone Portfolio
Public CMBS trusts hold $35.9M of the loan on this portfolio at 4.71% that reaches maturity on August 6, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $35,908,308
- Original balance (same notes)
- $40,000,000
- Interest rate
- 4.71% fixed
- Originated
- July 14, 2017
- Maturity
- August 6, 2027
- Payments
- Interest only for the full term
- Prepayment premium ends
- February 5, 2027 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Deutsche Bank AG, acting through its New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 13, 2020, returned August 18, 2022
- Workout strategy
- Resolved
- Modified
- Yes, most recently September 6, 2020
- Defeasance
- Partly defeased
The property
- Units, rooms or beds
- 778
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 3.09x | 0.63x |
| Occupancy | 78% | 61% |
| Net operating income | $9.6M | $2.6M |
| Debt yield | 7.1% |
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 CD 2017-CD6 Mortgage Trust filing for the reporting period ending September 9, 2026, filed with the SEC September 25, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
- Modified
On the cmbs.news watch list in every report since February 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
- Occupancy has fallen from 78% when the loan was securitized to 61%.
- Net operating income is 73% below the underwritten figure ($2.6M a year against $9.6M).
- Debt service coverage moved from 3.09x at securitization to 0.63x on the latest statements.
- At 0.63x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $35.9M | Current | No | 0.63x | 61% |
| August 2026 | $36.0M | Current | No | 0.63x | 61% |
| July 2026 | $36.0M | Current | No | 1.00x | 62% |
| June 2026 | $36.1M | Current | No | 1.00x | 62% |
| May 2026 | $36.2M | Current | No | 0.94x | 64% |
| April 2026 | $36.2M | Current | No | 0.94x | 64% |
| March 2026 | $36.3M | Current | No | 0.94x | 64% |
| February 2026 | $36.4M | Current | No | 0.94x | 64% |
| January 2026 | $36.4M | Current | No | 1.14x | 66% |
| December 2025 | $36.5M | Current | No | 1.14x | 66% |
| November 2025 | $36.5M | Current | No | 1.14x | 66% |
| October 2025 | $36.6M | Current | No | 1.14x | 66% |
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 May 13, 2020, returned to the master servicer August 18, 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 |
|---|---|---|---|---|
| CD 2017-CD6 Mortgage Trust | 6 | $35,908,308 | Sep 2026 | SEC filing, September 25, 2026 |
Other hotel loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Grand Hyatt Seattle | Seattle, WA | Hotel | $133.0M | 4.74% | Jun 2027 | -0.24x | 66% | Current |
| Renaissance Seattle Hotel | Seattle, WA | Hotel | $127.0M | 4.81% | Jun 2027 | 0.41x | 66% | Current |
| The Standard Highline NYC | New York, NY | Hotel | $103.4M | 4.30% | Nov 2027 | 1.99x | 66% | Current |
| Rochester Marriott | Rochester, MN | Hotel | $86.4M | 4.741% | Nov 2027 | n/a | n/a | Current |
| Atlanta and Anchorage Hotel Portfolio | Various | Hotel | $76.3M | 5.73% | Mar 2027 | 2.40x | 56% | Current |
| Hyatt Regency Jacksonville | Jacksonville, FL | Hotel | $73.6M | 6.868% | Oct 2027 | 4.47x | 72% | Current |
| Marriott at Legacy Town Center | Plano, TX | Hotel | $69.7M | 4.21% | Nov 2027 | 3.59x | 61% | Current |
| Radisson Blu Aqua Hotel | Chicago, IL | Hotel | $64.0M | 4.597% | Nov 2027 | 2.19x | 70% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.