Hotel · Denton, Texas
Springhill Suites Denton
Springhill Suites Denton is financed with a $9.2M CMBS loan at 4.44% that reaches maturity on September 1, 2027, in 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $9,215,275
- Original balance (same notes)
- $11,100,000
- Interest rate
- 4.44% fixed
- Originated
- August 21, 2017
- Maturity
- September 1, 2027
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- May 31, 2027
- Master servicer
- Trimont LLC
- Originator
- Principal Commercial Capital
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently June 1, 2020
- Defeasance
- None reported
The property
- Address
- 1434 Centre Place Drive, Denton, TX 76205
- Metro
- Dallas-Fort Worth-Arlington, TX
- Units, rooms or beds
- 129
- Built
- 2007, renovated 2016
- Value at securitization
- $18.0M (Jun 2017)
Performance
| At securitization | Latest (Sep 2025) | |
|---|---|---|
| DSCR (NOI) | 2.04x | 0.85x |
| Occupancy | 67% | 58% |
| Net operating income | $1.4M | $569K |
| Debt yield | 6.2% |
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 CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-P8 filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
- Matures within 12 months
- Modified
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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 67% when the loan was securitized to 58%.
- Net operating income is 58% below the underwritten figure ($569K a year against $1.4M).
- Debt service coverage moved from 2.04x at securitization to 0.85x on the latest statements.
- At 0.85x, the property's reported NOI does not cover its debt service.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.2M | Current | No | 0.85x | 58% |
| August 2026 | $9.2M | Current | No | 0.85x | 58% |
| July 2026 | $9.3M | Current | No | 0.85x | 58% |
| June 2026 | $9.3M | Current | No | 0.85x | 58% |
| May 2026 | $9.3M | Current | No | 0.85x | 58% |
| April 2026 | $9.3M | Current | No | 0.85x | 58% |
| March 2026 | $9.3M | Current | No | 0.85x | 58% |
| February 2026 | $9.4M | Current | No | 0.85x | 58% |
| January 2026 | $9.4M | Current | No | 0.69x | 57% |
| December 2025 | $9.4M | Current | No | 0.69x | 57% |
| November 2025 | $9.4M | Current | No | 0.69x | 57% |
| October 2025 | $9.4M | Current | No | 0.90x | 57% |
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 2017-P8 | 34 | $9,215,275 | Sep 2026 | SEC filing, September 30, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Ericsson North American HQ | Plano, TX | Office | $91.1M | 4.458% | Jan 2027 | 2.08x | 100% | Current |
| Marriott at Legacy Town Center | Plano, TX | Hotel | $69.7M | 4.21% | Nov 2027 | 3.59x | 61% | Current |
| Marriott Quorum | Dallas, TX | Hotel | $53.5M | 5.40% | Jul 2027 | 1.91x | 65% | Current |
| 8330 and 8360 LBJ Freeway | Dallas, TX | Office | $50.2M | 4.61% | Oct 2027 | n/a | n/a | Current |
| Preston Hollow | Dallas, TX | Mixed use | $48.3M | 4.74% | Aug 2027 | 1.79x | 96% | Current |
| Sheraton DFW Airport | Irving, TX | Hotel | $28.3M | 4.572% | Aug 2027 | 2.02x | 76% | Current |
| 250-290 East John Carpenter Freeway | Irving, TX | Office | $23.3M | 4.26% | Dec 2027 | 5.16x | 55% | Current |
| Crowne Plaza Dallas | Dallas, TX | Hotel | $22.9M | 5.50% | Jul 2027 | -0.34x | 59% | Current |
All loans maturing in 2027 · All Dallas-Fort Worth-Arlington 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.