Hotel · Pecos, Texas
Staybridge Suites - Pecos, TX
121 Lincoln Street, Pecos, TX · Google Maps
Staybridge Suites - Pecos, TX is financed with a $10.2M CMBS loan at 7.61% that reaches maturity on November 6, 2031, in 5 years. As of the Nov 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $10,200,000
- Original balance (same notes)
- $10,200,000
- Interest rate
- 7.61% fixed
- Originated
- October 16, 2026
- Maturity
- November 6, 2031
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- August 5, 2031
- Master servicer
- Trimont LLC
- Originator
- Argentic Real Estate Finance 2 LLC
Status
- Payment status
- Payment not received but still in grace period or not yet due. (code A)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 121 Lincoln Street, Pecos, TX 79772
- Units, rooms or beds
- 103
- Built
- 2019
- Value at securitization
- $17.5M (Jul 2026)
Performance
| Measure | At securitization | Latest |
|---|---|---|
| DSCR (NOI) | 2.39x | n/a |
| Occupancy | 81% | n/a |
| Net operating income | $2.2M | n/a |
Comparable loans: hotel properties in Texas, with NOI, occupancy and value.
Watch flags
Computed from the Benchmark 2026-V24 Mortgage Trust filing for the reporting period ending November 12, 2026, filed with the SEC October 26, 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.
Who is behind this loan
- Non-recourse carveout guarantor and sponsor
- Shown with Pro
Source: SEC Form 424B2 prospectus, Annex A-1, filed Nov 2026.
Operating statement
| Annual | At securitization | Latest | Per unit |
|---|---|---|---|
| Revenue | $4.7M | n/a | |
| Operating expenses | $2.5M | n/a | |
| Net operating income | $2.2M | n/a | |
| Net cash flow | $2.0M | n/a | |
| Expense ratio | 53.8% | n/a |
From the servicer's Schedule AL report; 103 units.
Refinance and early payoff, at today's rates
This estimate uses today's Treasury curve and needs JavaScript.
Rough estimates, not quotes. New loan: the filed NOI divided by the coverage you set, at the Treasury yield for the term plus your spread. Early payoff: the present value of the remaining scheduled payments to the open date at today's Treasury yields, less the balance, which is roughly what defeasance or yield maintenance costs. Loan documents, fees and the securities bought change the real number. Treasury yields: U.S. Treasury daily par curve.
Where the loan sits
One trust holds this loan in the data.
| Trust | Asset no. in that trust | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2026-V24 Mortgage Trust | 25 | $10,200,000 | Nov 2026 | SEC filing, October 26, 2026 |
Other Texas loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1201 Lake Robbins | The Woodlands, TX | Office | $250.0M | 3.827% | Oct 2031 | 2.82x | 100% | Current |
| The Domain | Austin, TX | Retail | $210.0M | 3.094% | Jul 2031 | 6.84x | 97% | Current |
| 1500 Post Oak Boulevard | Houston, TX | Office | $140.0M | 6.747% | Mar 2031 | 2.35x | n/a | Current |
| 111 Congress | Austin, TX | Office | $116.5M | 7.135% | Aug 2031 | 2.03x | 90% | Current |
| West Memorial Place | Houston, TX | Office | $106.0M | 7.035% | May 2031 | 1.48x | 79% | Current |
| Pinnacle Tower | Farmers Branch, TX | Office | $100.0M | 6.451% | Mar 2031 | n/a | n/a | Current |
| HP Plaza | Spring, TX | Office | $87.0M | 7.01% | Jun 2031 | n/a | n/a | Current |
| Park North | San Antonio, TX | Retail | $83.4M | 5.923% | Jan 2031 | 2.40x | 91% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending November 12, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.