Hotel portfolio, 2 properties · Dallas, Texas
Warwick Melrose & Allerton
This portfolio is financed with a $78.0M CMBS loan at 8.14% that reaches maturity on March 6, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $78,000,000
- Original balance (same notes)
- $78,000,000
- Interest rate
- 8.14% fixed
- Originated
- February 22, 2024
- Maturity
- March 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- September 5, 2028
- 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
- 3015 Oak Lawn Ave 3835-3839 Cedar Springs Road & 3912 Dickason Ave, Dallas, TX 75219
- Metro
- Dallas-Fort Worth-Arlington, TX
- Value at securitization
- $168.2M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $11.1M | $9.1M |
| Debt yield | 11.7% |
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 2024-V6 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
- Net operating income is 18% below the underwritten figure ($9.1M a year against $11.1M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Warwick Melrose & Allerton | Dallas, TX | Lodging | 75% | 0.79x |
| Warwick Chicago Allerton | Chicago, IL | Lodging | 58% | 0.51x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $78.0M | Current | No | 0.79x | 75% |
| August 2026 | $78.0M | Current | No | 1.04x | 75% |
| July 2026 | $78.0M | Current | No | 1.04x | 73% |
| June 2026 | $78.0M | Current | No | 1.04x | 73% |
| May 2026 | $78.0M | Current | No | n/a | n/a |
| April 2026 | $78.0M | Current | No | n/a | n/a |
| March 2026 | $78.0M | Current | No | n/a | n/a |
| February 2026 | $78.0M | Current | No | n/a | n/a |
| January 2026 | $78.0M | Current | No | n/a | n/a |
| December 2025 | $78.0M | Current | No | n/a | n/a |
| November 2025 | $78.0M | Current | No | n/a | n/a |
| October 2025 | $78.0M | 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 |
|---|---|---|---|---|
| Benchmark 2024-V6 Mortgage Trust | 2 | $78,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Stonebriar Centre | Frisco, TX | Retail | $255.0M | 6.999% | Jul 2029 | 2.44x | 93% | Current |
| Legacy Corporate Centre I & II | Plano, TX | Office | $167.4M | 3.37% | Aug 2029 | n/a | n/a | Current |
| Renaissance Plano | Plano, TX | Hotel | $78.4M | 4.45% | Jul 2029 | 2.90x | 68% | Current |
| International Plaza II | Dallas, TX | Office | $78.3M | 7.43% | Oct 2029 | 1.98x | 97% | Current |
| One At&t | Dallas, TX | Office | $71.5M | 4.39% | Jan 2029 | 2.69x | 100% | Current |
| One At&t Plaza | Dallas, TX | Office | $60.0M | 4.39% | Jan 2029 | n/a | n/a | Current |
| Timber Creek Crossing | Dallas, TX | Retail | $57.5M | 6.175% | Feb 2029 | 1.59x | 100% | Current |
| Park Central Tower | Dallas, TX | Office | $54.8M | 4.016% | Dec 2029 | 1.42x | 65% | Current |
All loans maturing in 2029 · 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.