Hotel · Richmond, Virginia
Marriott Richmond Dual Brand
Marriott Richmond Dual Brand is financed with a $25.8M CMBS loan at 3.40% that reaches maturity on March 11, 2030, in 3 years and 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
- $25,830,488
- Original balance (same notes)
- $29,900,000
- Interest rate
- 3.40% fixed
- Originated
- February 12, 2020
- Maturity
- March 11, 2030
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 10, 2022
- Prepayment premium ends
- September 10, 2029 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1320 East Cary Street, Richmond, VA 23219
- Metro
- Richmond, VA
- Units, rooms or beds
- 210
- Built
- 2014
- Value at securitization
- $56.2M (Dec 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 3.01x | 3.37x |
| Occupancy | 80% | 71% |
| Net operating income | $4.8M | $5.4M |
| Debt yield | 20.8% |
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 2020-BNK26 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 80% when the loan was securitized to 71%.
- Net operating income is 12% above the underwritten figure ($5.4M a year against $4.8M).
- Debt service coverage moved from 3.01x at securitization to 3.37x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $25.8M | Current | No | 3.37x | 71% |
| August 2026 | $25.9M | Current | No | 3.37x | 71% |
| July 2026 | $25.9M | Current | No | 3.37x | 71% |
| June 2026 | $26.0M | Current | No | 3.37x | 71% |
| May 2026 | $26.1M | Current | No | 3.37x | 71% |
| April 2026 | $26.1M | Current | No | 3.37x | 71% |
| March 2026 | $26.2M | Current | No | 3.37x | 71% |
| February 2026 | $26.2M | Current | No | 3.37x | 71% |
| January 2026 | $26.3M | Current | No | 3.85x | 74% |
| December 2025 | $26.3M | Current | No | 3.51x | 72% |
| November 2025 | $26.4M | Current | No | 3.51x | 72% |
| October 2025 | $26.5M | Current | No | 3.51x | 72% |
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 2020-BNK26 | 11 | $25,830,488 | Sep 2026 | SEC filing, October 1, 2026 |
Other Richmond loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Colonnades West | Glen Allen, VA | Retail | $15.5M | 3.81% | Jan 2030 | 3.41x | 100% | Current |
| Stonebridge Shopping Center | Richmond, VA | Retail | $10.3M | 4.36% | Jan 2030 | 1.30x | 83% | Current |
| Cvs Mechanicsville | Mechanicsville, VA | Retail | $2.4M | 4.39% | Feb 2030 | 1.93x | 100% | 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.