Hotel · Boston, Massachusetts
Residence Inn Tudor Wharf Leasehold
Residence Inn Tudor Wharf Leasehold is financed with a $37.7M CMBS loan at 7.99% that reaches maturity on May 6, 2028, in 18 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $37,700,000
- Original balance (same notes)
- $37,700,000
- Interest rate
- 7.99% fixed
- Originated
- April 25, 2023
- Maturity
- May 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- January 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- Bank of Montreal
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 34-44 Charles River Avenue, Boston, MA 2129
- Metro
- Boston-Cambridge-Newton, MA-NH
- Built
- 2003, renovated 2013
- Value at securitization
- $65.0M (Feb 2023)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.71x | 2.51x |
| Occupancy | 78% | 89% |
| Net operating income | $5.2M | $7.7M |
| Debt yield | 20.3% |
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 2023-V2 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 78% when the loan was securitized to 89%.
- Net operating income is 47% above the underwritten figure ($7.7M a year against $5.2M).
- Debt service coverage moved from 1.71x at securitization to 2.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $37.7M | Current | No | 2.51x | 89% |
| August 2026 | $37.7M | Current | No | 2.51x | 89% |
| July 2026 | $37.7M | Current | No | 2.51x | 89% |
| June 2026 | $37.7M | Current | No | 2.51x | 89% |
| May 2026 | $37.7M | Current | No | n/a | n/a |
| April 2026 | $37.7M | Current | No | 2.57x | 89% |
| March 2026 | $37.7M | Current | No | 2.57x | n/a |
| February 2026 | $37.7M | Current | No | 2.59x | 89% |
| January 2026 | $37.7M | Current | No | 2.59x | 89% |
| December 2025 | $37.7M | Current | No | 2.59x | 89% |
| November 2025 | $37.7M | Current | No | 2.52x | 89% |
| October 2025 | $37.7M | Current | No | 2.52x | 88% |
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 2023-V2 Mortgage Trust | 9 | $37,700,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Boston-Cambridge-Newton loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Back Bay Office | Boston, MA | Office | $237.5M | 6.298% | Jul 2028 | 2.24x | 86% | Current |
| CrossPoint | Lowell, MA | Office | $150.0M | 4.734% | Feb 2028 | 2.29x | 74% | Current |
| Atrium Center | Chestnut Hill, MA | Mixed use | $115.0M | 3.90% | Jan 2028 | 4.70x | 100% | Current |
| Tripadvisor Hq | Needham, MA | Office | $98.2M | 4.883% | Aug 2028 | 2.35x | 100% | Current |
| 10 Brookline Place | Brookline, MA | Office | $82.0M | 4.337% | Dec 2028 | 2.50x | 100% | Current |
| Riverwalk Buildings | Lawrence, MA | Office | $55.9M | 5.176% | Jun 2028 | 1.40x | 89% | Current |
| Millennium Tower Boston | Boston, MA | Retail | $55.7M | 4.285% | Jul 2028 | n/a | n/a | Current |
| Axcelis Corporate Center | Beverly, MA | Industrial | $40.3M | 4.92% | Feb 2028 | 1.45x | 100% | Current |
All loans maturing in 2028 · All Boston-Cambridge-Newton loans
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.