Hotel · Brooklyn Park, Minnesota
Marriott Minneapolis Northwest
Marriott Minneapolis Northwest is financed with a $18.2M CMBS loan at 4.93% that reaches maturity on March 11, 2027, in 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $18,194,782
- Original balance (same notes)
- $21,875,000
- Interest rate
- 4.93% fixed
- Originated
- March 2, 2017
- Maturity
- March 11, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- December 10, 2026
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently June 11, 2020
- Defeasance
- None reported
The property
- Address
- 7025 Northland Drive North, Brooklyn Park, MN 55428
- Metro
- Minneapolis-St. Paul-Bloomington, MN-WI
- Units, rooms or beds
- 230
- Built
- 1989, renovated 2012
- Value at securitization
- $30.3M (Dec 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.52x | 2.09x |
| Occupancy | 72% | 61% |
| Net operating income | $3.5M | $2.9M |
| Debt yield | 16.1% |
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 BANK 2017-BNK5 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- Matures within 12 months
- 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 72% when the loan was securitized to 61%.
- Net operating income is 17% below the underwritten figure ($2.9M a year against $3.5M).
- Debt service coverage moved from 2.52x at securitization to 2.09x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $18.2M | Current | No | 2.09x | 61% |
| August 2026 | $18.2M | Current | No | 2.09x | 61% |
| July 2026 | $18.3M | Current | No | 2.09x | 61% |
| June 2026 | $18.3M | Current | No | 2.09x | 61% |
| May 2026 | $18.4M | Current | No | 2.09x | 61% |
| April 2026 | $18.4M | Current | No | 1.92x | 57% |
| March 2026 | $18.4M | Current | No | 1.92x | 57% |
| February 2026 | $18.5M | Current | No | 2.00x | 56% |
| January 2026 | $18.5M | Current | No | 2.00x | 56% |
| December 2025 | $18.6M | Current | No | 2.00x | 56% |
| November 2025 | $18.6M | Current | No | 2.00x | 56% |
| October 2025 | $18.6M | Current | No | 1.98x | 57% |
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.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2017-BNK5 | 17 | $18,194,782 | Sep 2026 | SEC filing, October 1, 2026 |
Other Minneapolis-St. Paul-Bloomington loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cabela's (Rogers) | Rogers, MN | Retail | $44.8M | 4.379% | Oct 2027 | n/a | n/a | Current |
| 1301 University Avenue | Minneapolis, MN | Multifamily | $13.9M | 4.972% | Aug 2027 | 1.25x | 100% | Current |
| Uptown Row | Minneapolis, MN | Mixed use | $9.5M | 5.008% | Jan 2027 | 0.81x | 84% | Current |
| LA Fitness Apple Valley | Apple Valley, MN | Retail | $7.6M | 4.55% | Sep 2027 | 1.59x | 100% | Current |
| Quadrant Office | Brooklyn Park, MN | Office | $6.4M | 4.694% | Nov 2027 | 2.95x | 93% | Current |
| Cash Wise Center | St. Cloud, MN | Retail | $6.1M | 4.643% | Oct 2027 | 1.73x | 100% | Current |
All loans maturing in 2027 · All Minneapolis-St. Paul-Bloomington 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.