Hotel portfolio, 2 properties · Multiple locations
Oklahoma Texas Hotel Portfolio
This portfolio is financed with a $10.0M CMBS loan at 7.165% that reaches maturity on April 1, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $9,965,862
- Original balance (same notes)
- $10,000,000
- Interest rate
- 7.165% fixed
- Originated
- March 20, 2024
- Maturity
- April 1, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- September 30, 2028
- Master servicer
- Midland Loan Services
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Units, rooms or beds
- 143
- Value at securitization
- $16.2M
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.25x | 1.51x |
| Occupancy | 74% | n/a |
| Net operating income (annualized from 3 months) | $1.8M | $1.1M |
| Debt yield | 11.2% |
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 BANK5 Trust 2024-5YR6 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 39% below the underwritten figure ($1.1M a year against $1.8M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.25x at securitization to 1.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.0M | Current | No | 1.51x | n/a |
| August 2026 | $10.0M | Current | No | 1.51x | n/a |
| July 2026 | $10.0M | Current | No | 1.51x | n/a |
| June 2026 | $10.0M | Current | No | 1.34x | n/a |
| May 2026 | $10.0M | Current | No | 1.28x | n/a |
| April 2026 | $10.0M | Current | No | 1.28x | n/a |
| March 2026 | $10.0M | Current | No | 1.28x | n/a |
| February 2026 | $10.0M | Current | No | 1.28x | n/a |
| January 2026 | $10.0M | Current | No | 1.28x | n/a |
| December 2025 | $10.0M | Current | No | 1.28x | n/a |
| November 2025 | $10.0M | Current | No | 1.28x | n/a |
| October 2025 | $10.0M | Current | No | n/a | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK5 Trust 2024-5YR6 | 26 | $9,965,862 | Sep 2026 | SEC filing, September 28, 2026 |
Other hotel loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Bellagio Hotel and Casino | Las Vegas, NV | Hotel | $600.0M | 3.17% | Dec 2029 | 6.51x | 97% | Current |
| Intercontinental New Orleans | New Orleans, LA | Hotel | $185.0M | 4.958% | May 2029 | n/a | n/a | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| Casa Cipriani | New York, NY | Hotel | $100.7M | 7.27% | Mar 2029 | 2.89x | 61% | Current |
| The Estate Yountville 2.0 | Yountville, CA | Hotel | $93.0M | 5.88% | Oct 2029 | 2.58x | 101% | Current |
| Arthouse Hotel | New York, NY | Hotel | $85.0M | 7.38% | Aug 2029 | 1.51x | 81% | Current |
| Sheraton Hotel Brooklyn | Brooklyn, NY | Hotel | $85.0M | 7.48% | Feb 2029 | n/a | n/a | 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.