Hotel · Miami Beach, Florida
The Residence Inn by Marriott South Beach
The Residence Inn by Marriott South Beach is financed with a $25.3M CMBS loan at 3.571% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $25,250,000
- Original balance (same notes)
- $25,250,000
- Interest rate
- 3.571% fixed
- Originated
- October 9, 2019
- Maturity
- November 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1231 17th Street, Miami Beach, FL 33139
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Units, rooms or beds
- 116
- Built
- 2016
- Value at securitization
- $48.0M (Sep 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.39x | n/a |
| Occupancy | 88% | n/a |
| Net operating income | $3.1M | n/a |
Watch flags
Computed from the JPMDB Commercial Mortgage Securities Trust 2019-COR6 filing for the reporting period ending September 9, 2026, filed with the SEC September 23, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $25.3M | Current | No | n/a | n/a |
| August 2026 | $25.3M | Current | No | n/a | n/a |
| July 2026 | $25.3M | Current | No | n/a | n/a |
| June 2026 | $25.3M | Current | No | n/a | n/a |
| May 2026 | $25.3M | Current | No | n/a | n/a |
| April 2026 | $25.3M | Current | No | 4.00x | 84% |
| March 2026 | $25.3M | Current | No | 4.00x | 84% |
| February 2026 | $25.3M | Current | No | 4.91x | 85% |
| January 2026 | $25.3M | Current | No | 4.91x | 85% |
| December 2025 | $25.3M | Current | No | 4.91x | 85% |
| November 2025 | $25.3M | Current | No | 4.91x | 85% |
| October 2025 | $25.3M | Current | No | 4.91x | 85% |
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 |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2019-COR6 | 13 | $25,250,000 | Sep 2026 | SEC filing, September 23, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Royal Palm Place | Boca Raton, FL | Mixed use | $110.0M | 3.81% | Nov 2029 | 2.98x | 98% | Current |
| Northbridge Centre | West Palm Beach, FL | Office | $96.0M | 6.905% | Sep 2029 | 1.43x | 75% | Current |
| University Pointe | Davie, FL | Multifamily | $85.8M | 6.70% | Jun 2029 | 1.79x | 90% | Current |
| Royal Palm I & II | Plantation, FL | Office | $68.2M | 6.45% | Nov 2029 | 7.80x | 82% | Current |
| The Avenue | Davie, FL | Multifamily | $60.0M | 4.992% | Jan 2029 | 2.47x | 96% | Current |
| The Brazilian Court Hotel | Palm Beach, FL | Hotel | $54.5M | 7.50% | Dec 2029 | 1.57x | 52% | Current |
| One Town Center | Boca Raton, FL | Office | $51.0M | 7.338% | Jul 2029 | 1.19x | 94% | Current |
| West Palm Gardens | West Palm Beach, FL | Multifamily | $50.0M | 6.45% | Oct 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All Miami-Fort Lauderdale-West Palm Beach loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.