Hotel · Seattle, Washington
Residence Inn Seattle, Seattle (2032 maturity)
Public CMBS trusts hold $27.9M of the loan on Residence Inn Seattle at 4.91% that reaches maturity on April 6, 2032, in 5 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
- $27,941,793
- Original balance (same notes)
- $30,000,000
- Interest rate
- 4.91% fixed
- Originated
- March 14, 2022
- Maturity
- April 6, 2032
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- DBR Investments Co. Limited
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4501 12th Avenue Northeast, Seattle, WA 98105
- Metro
- Seattle-Tacoma-Bellevue, WA
- Units, rooms or beds
- 165
- Built
- 2016
- Value at securitization
- $58.0M (Oct 2021)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 2.22x |
| Occupancy | 65% | 74% |
| Net operating income | n/a | $4.2M |
| Debt yield | 15.2% |
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 BENCHMARK 2022-B35 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 65% when the loan was securitized to 74%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $27.9M | Not reported | No | 2.22x | 74% |
| August 2026 | $28.0M | Not reported | No | 2.22x | 74% |
| July 2026 | $28.0M | Not reported | No | 2.22x | 77% |
| June 2026 | $28.1M | Not reported | No | 2.18x | 78% |
| May 2026 | $28.1M | Not reported | No | 2.18x | 78% |
| April 2026 | $28.2M | Not reported | No | 2.45x | 80% |
| March 2026 | $28.2M | Not reported | No | 2.45x | 80% |
| February 2026 | $28.2M | Not reported | No | 2.45x | 80% |
| January 2026 | $28.3M | Not reported | No | 2.45x | 80% |
| December 2025 | $28.3M | Not reported | No | 2.30x | 82% |
| November 2025 | $28.4M | Not reported | No | 2.30x | 82% |
| October 2025 | $28.4M | Not reported | No | 2.30x | 82% |
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 |
|---|---|---|---|---|
| BENCHMARK 2022-B35 MORTGAGE TRUST | 14 | $27,941,793 | Sep 2026 | SEC filing, September 28, 2026 |
Other Seattle-Tacoma-Bellevue loans due in 2032
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Center Plaza | Federal Way, WA | Retail | $37.5M | 4.37% | Feb 2032 | n/a | n/a | Current |
| Redmond Community Center | Redmond, WA | Retail | $34.5M | 4.089% | Mar 2032 | 2.79x | 100% | Current |
| Park Place Shopping Center, Tukwila | Tukwila, WA | Retail | $23.4M | 3.52% | Feb 2032 | 2.87x | n/a | Current |
| Covington Center | Covington, WA | Retail | $16.0M | 5.685% | May 2032 | 1.99x | 73% | Current |
| Panther Lake Shopping Center | Kent, WA | Retail | $13.5M | 5.36% | May 2032 | n/a | n/a | Current |
| Kent Business Campus | Kent, WA | Mixed use | $13.0M | 3.543% | Feb 2032 | 3.22x | 90% | Current |
| Village at Thrashers | Bothell, WA | Retail | $5.8M | 6.046% | Jul 2032 | 1.45x | 100% | Current |
| Carlton Building | Tacoma, WA | Office | $4.8M | 6.09% | Oct 2032 | 0.88x | 48% | 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.