← Bank 2025-BNK51 · Loan annex · CMBS market
- Deal
- Bank 2025-BNK51
- Current balance
- $26.0M (September 2026)
- Share of deal
- 2.6%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2035-12-06
Property and terms
| Property | Natson Hotel Largo Portfolio (and 1 more properties) |
| Address | 100 East Bay Drive; 210 aka 206 Seminole Blvd; Largo, FL (and 1 more) 33770 |
| Property type | Lodging |
| Units, beds or keys | ["92", "95"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | ["2018", "2015"] |
| Original balance | $26.0M |
| Current balance | $26.0M (September 2026) |
| Share of deal balance | 2.6% |
| Interest rate at origination | 6.66% |
| Current interest rate | 6.66% |
| Origination date | 11-14-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | 60 months |
| Scheduled maturity | 2035-12-06 |
| Prepayment lockout end | 02-05-2028 |
| Yield maintenance end | 10-05-2035 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | JPMCB |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $46.3M | 10-31-2025 | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2025 | $26.0M | Current | 6.66% | 1.87 | 2.06 | 90% | $0 | 08-31-2025 | $9.8M | $5.7M | $4.1M | $3.7M |
| January 2026 | $26.0M | Current | 6.66% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2026 | $26.0M | Current | 6.66% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2026 | $26.0M | Current | 6.66% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2026 | $26.0M | Current | 6.66% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2026 | $26.0M | Current | 6.66% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $26.0M | Current | 6.66% | 1.49 | 1.68 | 84% | $0 | 03-31-2026 | $8.6M | $5.6M | $3.0M | $2.6M |
| July 2026 | $26.0M | Current | 6.66% | 1.49 | 1.68 | 84% | $0 | 03-31-2026 | $8.6M | $5.6M | $3.0M | $2.6M |
| August 2026 | $26.0M | Current | 6.66% | 1.49 | 1.68 | 84% | $0 | 03-31-2026 | $8.6M | $5.6M | $3.0M | $2.6M |
| September 2026 | $26.0M | Current | 6.66% | not yet reported | not yet reported | not yet reported | $0 | ["06-30-2026", "06-30-2026"] | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.