Hotel · Big Sur, California
Post Ranch Inn
Post Ranch Inn is financed with a $60.0M CMBS loan at 3.29% that reaches its anticipated repayment date on August 6, 2029, in 2 years and 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
- $60,000,000
- Original balance (same notes)
- $60,000,000
- Interest rate
- 3.29% fixed
- Originated
- July 12, 2019
- Maturity
- August 6, 2034
- Anticipated repayment date
- August 6, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ended
- August 5, 2022
- Prepayment premium ends
- April 5, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Deutsche Bank AG, New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 47900 State Highway 1, Big Sur, CA 93920
- Metro
- Salinas, CA
- Units, rooms or beds
- 39
- Built
- 1992, renovated 2018
- Value at securitization
- $141.7M (Jun 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 5.47x | 7.42x |
| Occupancy | 82% | 85% |
| Net operating income (annualized from 6 months) | $11.0M | $30.0M |
| Debt yield | 49.9% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC41 filing for the reporting period ending September 8, 2026, filed with the SEC September 25, 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 risen from 82% when the loan was securitized to 85%.
- Net operating income is 174% above the underwritten figure ($30.0M a year against $11.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 5.47x at securitization to 7.42x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $60.0M | Current | No | 7.42x | 85% |
| August 2026 | $60.0M | Current | No | 7.42x | 85% |
| July 2026 | $60.0M | Current | No | 3.94x | 73% |
| June 2026 | $60.0M | Current | No | 3.94x | 73% |
| May 2026 | $60.0M | Current | No | n/a | n/a |
| April 2026 | $60.0M | Current | No | 6.34x | 79% |
| March 2026 | $60.0M | Current | No | 6.34x | 79% |
| February 2026 | $60.0M | Current | No | 6.30x | 79% |
| January 2026 | $60.0M | Current | No | 6.30x | 79% |
| December 2025 | $60.0M | Current | No | 6.30x | 79% |
| November 2025 | $60.0M | Current | No | 4.25x | 79% |
| October 2025 | $60.0M | Current | No | 4.25x | 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 |
|---|---|---|---|---|
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC41 | 5 | $60,000,000 | Sep 2026 | SEC filing, September 25, 2026 |
Other Salinas loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Marina Del Sol | Marina, CA | Multifamily | $8.5M | 3.355% | Dec 2029 | 6.33x | 96% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 8, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.