← Benchmark 2025-V16 Mortgage Trust (segment D02, CIK 2060845) · Loan annex · CMBS market
- Deal
- Benchmark 2025-V16 Mortgage Trust (segment D02, CIK 2060845)
- Current balance
- $10.1M (July 2026)
- Share of deal
- 1.2%
- Status
- Current
- DSCR (latest)
- 1.95
- Occupancy (latest)
- 75%
- Scheduled maturity
- 2027-01-01
Property and terms
| Property | HOLIDAY INN EXPRESS KING OF PRUSSIA |
| Address | 260 NORTH GULPH ROAD; King Of Prussia, PA 19406 |
| Property type | Lodging |
| Units, beds or keys | 155 |
| Net rentable square feet | not yet reported |
| Year built | 1983 |
| Year last renovated | 2015 |
| Original balance | $12.1M |
| Current balance | $10.1M (July 2026) |
| Share of deal balance | 1.2% |
| Interest rate at origination | 5.00% |
| Current interest rate | 5.00% |
| Origination date | 12-05-2016 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2027-01-01 |
| Prepayment lockout end | 09-30-2026 |
| Yield maintenance end | not yet reported |
| Servicer | Trimont LLC |
| Loan servicer | not yet reported |
| Originator | MSMCH |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $17.3M | 10-17-2016 | MAI |
| Most recent reported | $15.7M | 2021-08-14 | MAI |
Change from securitization to the most recent reported valuation: -9.2%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 2026 | $10.1M | Current | 5.00% | 2.58 | 2.84 | 75% | $0 | 09-30-2025 | $5.0M | $2.8M | $2.2M | $2.0M |
| July 2026 | $10.1M | Current | 5.00% | 1.95 | 2.21 | 75% | $0 | 12-31-2025 | $5.0M | $3.3M | $1.7M | $1.5M |
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.
Status timeline
| Date | Event |
|---|---|
| 2020-06-10 | Transferred to the special servicer |
| 2021-07-01 | Loan modified (maturity after modification 2027-01-01) |
| 2022-08-31 | Returned to the master servicer |
Also filed in other trusts
Loans are sometimes split across trusts (pari passu), and each trust files the loan at its whole-loan amount. A loan with the same property name and origination date is filed in: Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.