Hotel · Ashland, Oregon
Plaza Ashland
Plaza Ashland is financed with a $10.4M CMBS loan at 4.97% that reaches maturity on January 6, 2027, in 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,441,203
- Original balance (same notes)
- $12,600,000
- Interest rate
- 4.97% fixed
- Originated
- December 20, 2016
- Maturity
- January 6, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 5, 2019
- Master servicer
- Trimont LLC
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred April 20, 2020, returned August 24, 2021
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 98 Central Avenue, Ashland, OR 97520
- Units, rooms or beds
- 92
- Built
- 2002, renovated 2016
- Value at securitization
- $19.8M (Nov 2016)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.17x | 1.52x |
| Occupancy | 63% | 48% |
| Net operating income | $1.8M | $1.2M |
| Debt yield | 11.8% |
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 JPMDB Commercial Mortgage Securities Trust 2017-C5 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- 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
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 63% when the loan was securitized to 48%.
- Net operating income is 30% below the underwritten figure ($1.2M a year against $1.8M).
- Debt service coverage moved from 2.17x at securitization to 1.52x on the latest statements.
- The most recent valuation in the filing is $15.7M (August 31, 2020), against $19.8M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $10.4M | Current | No | 1.52x | 48% |
| August 2026 | $10.5M | Current | No | 1.52x | 48% |
| July 2026 | $10.5M | Current | No | 1.44x | 46% |
| June 2026 | $10.5M | Current | No | 1.44x | 46% |
| May 2026 | $10.5M | Current | No | 1.44x | 46% |
| April 2026 | $10.6M | Current | No | 1.44x | 46% |
| March 2026 | $10.6M | Current | No | 1.24x | 44% |
| February 2026 | $10.6M | Current | No | 1.24x | 44% |
| January 2026 | $10.6M | Current | No | 1.24x | 44% |
| December 2025 | $10.6M | Current | No | 1.08x | 43% |
| November 2025 | $10.7M | Current | No | 1.08x | 43% |
| October 2025 | $10.7M | Current | No | 1.08x | 43% |
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 April 20, 2020, returned to the master servicer August 24, 2021.
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 |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2017-C5 | 26 | $10,441,203 | Sep 2026 | SEC filing, September 28, 2026 |
Other Oregon loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Medford Retail Shops | Medford, OR | Retail | $5.6M | 4.884% | Mar 2027 | 1.90x | 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.