Hotel · Denver, Colorado
Warwick Denver
Warwick Denver is financed with a $23.0M CMBS loan at 7.45% that reaches maturity on February 6, 2030, in 3 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $23,000,000
- Original balance (same notes)
- $23,000,000
- Interest rate
- 7.45% fixed
- Originated
- January 30, 2025
- Maturity
- February 6, 2030
- Payments
- Interest only for the full term
- Prepayment lockout ends
- August 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1776 North Grant Street, Denver, CO 80203
- Metro
- Denver-Aurora-Centennial, CO
- Units, rooms or beds
- 216
- Built
- 1967, renovated 2018
- Value at securitization
- $63.0M (Dec 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.19x | 0.99x |
| Occupancy | 72% | 65% |
| Net operating income (annualized from 6 months) | $3.8M | $3.5M |
| Debt yield | 15.1% |
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 BMO 2025-5C9 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
On the cmbs.news watch list in every report since August 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 72% when the loan was securitized to 65%.
- Net operating income is 9% below the underwritten figure ($3.5M a year against $3.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.19x at securitization to 0.99x on the latest statements.
- At 0.99x, 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 | $23.0M | Current | No | 0.99x | 65% |
| August 2026 | $23.0M | Current | No | 0.99x | 65% |
| July 2026 | $23.0M | Current | No | n/a | n/a |
| June 2026 | $23.0M | Current | No | n/a | n/a |
| May 2026 | $23.0M | Current | No | n/a | n/a |
| April 2026 | $23.0M | Current | No | n/a | n/a |
| March 2026 | $23.0M | Current | No | n/a | n/a |
| February 2026 | $23.0M | Current | No | n/a | n/a |
| January 2026 | $23.0M | Current | No | n/a | n/a |
| December 2025 | $23.0M | Current | No | n/a | n/a |
| November 2025 | $23.0M | Current | No | n/a | n/a |
| October 2025 | $23.0M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BMO 2025-5C9 Mortgage Trust | 10 | $23,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other Denver-Aurora-Centennial loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Westin Westminster | Westminster, CO | Hotel | $77.2M | 6.511% | Sep 2030 | 1.85x | 60% | Current |
| Seven Hills Plaza Property | Aurora, CO | Mixed use | $57.9M | 3.67% | Mar 2030 | n/a | n/a | With the special servicer |
| Landmark Corporate Center | Greenwood Village, CO | Office | $25.4M | 4.25% | Aug 2030 | 1.42x | 51% | With the special servicer and 90+ days delinquent |
| Amc Theatres Highlands Ranch | Highlands Ranch, CO | Retail | $21.0M | 7.60% | Oct 2030 | 1.73x | 100% | Current |
| Springhill Suites Denver West | Lakewood, CO | Hotel | $17.6M | 6.49% | Oct 2030 | n/a | n/a | Current |
| Meridian One Colorado | Englewood, CO | Office | $15.9M | 3.91% | Jan 2030 | -0.74x | 16% | With the special servicer and 90+ days delinquent |
| Brookhill Village | Westminster, CO | Retail | $13.7M | 7.082% | Jan 2030 | 1.43x | 97% | Current |
| Woodlawn Center | Littleton, CO | Retail | $9.2M | 6.25% | Sep 2030 | n/a | n/a | Current |
All loans maturing in 2030 · All Denver-Aurora-Centennial 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.