Hotel · Jacksonville, Florida
WoodSpring Suites Jacksonville
WoodSpring Suites Jacksonville is financed with a $4.2M CMBS loan at 5.61% that reaches maturity on March 6, 2029, in 2 years and 4 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $4,165,990
- Original balance (same notes)
- $4,700,000
- Interest rate
- 5.61% fixed
- Originated
- February 22, 2019
- Maturity
- March 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- January 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3425 Saland Way, Jacksonville, FL 32246
- Metro
- Jacksonville, FL
- Units, rooms or beds
- 105
- Built
- 2006, renovated 2017
- Value at securitization
- $8.3M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.02x | 1.51x |
| Occupancy | 82% | 80% |
| Net operating income | $654K | $488K |
| 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 GS Mortgage Securities Trust 2019-GC39 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% or more from securitization
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 25% below the underwritten figure ($488K a year against $654K).
- Debt service coverage moved from 2.02x at securitization to 1.51x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $4.2M | Current | No | 1.51x | 80% |
| September 2026 | $4.2M | Current | No | 1.51x | 80% |
| August 2026 | $4.2M | Current | No | n/a | n/a |
| July 2026 | $4.2M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| June 2026 | $4.2M | Current | No | n/a | n/a |
| May 2026 | $4.2M | Payment not received but still in grace period or not yet due | No | n/a | n/a |
| April 2026 | $4.2M | Current | No | 1.80x | 77% |
| March 2026 | $4.2M | Current | No | 1.80x | 77% |
| February 2026 | $4.2M | Current | No | 1.80x | 77% |
| January 2026 | $4.2M | Current | No | 2.18x | 81% |
| December 2025 | $4.2M | Current | No | 2.18x | 81% |
| November 2025 | $4.2M | Current | No | 2.18x | 81% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GC39 | 34 | $4,165,990 | Oct 2026 | SEC filing, October 22, 2026 |
Other Jacksonville loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 12900 Pecan Park Road | Jacksonville, FL | Industrial | $139.1M | 3.25% | Jul 2029 | n/a | n/a | Current |
| Capital Plaza | Jacksonville, FL | Office | $35.0M | 4.42% | Aug 2029 | 2.03x | 87% | Current |
| Creekwood Club | Jacksonville, FL | Multifamily | $20.0M | 6.789% | Jul 2029 | n/a | n/a | Current |
| The Shoppes at Southside | Jacksonville, FL | Retail | $16.0M | 4.15% | Oct 2029 | 2.06x | 98% | Current |
| Holiday Inn Jacksonville East | Jacksonville, FL | Hotel | $6.3M | 4.20% | Nov 2029 | 1.68x | 71% | Current |
| The Ponce Hotel | St. Augustine, FL | Hotel | $6.1M | 5.10% | Dec 2029 | 0.97x | 61% | Current |
| Fleming Island Business Park | Fleming Island, FL | Office | $5.9M | 4.55% | Aug 2029 | 1.99x | 81% | Current |
| Asbury Commons | Green Cove Springs, FL | Retail | $5.2M | 4.80% | Jun 2029 | 1.86x | 98% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.