← J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C8 · Loan annex · CMBS market
- Deal
- J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C8
- Current balance
- $19.6M (February 2021)
- Share of deal
- 2.8%
- Status
- Current
- DSCR (latest)
- 2.43
- Occupancy (latest)
- 78%
- Scheduled maturity
- 2028-05-06
Property and terms
| Property | Texas Hotel Portfolio |
| Address | TX |
| Property type | Lodging |
| Units, beds or keys | 327 |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $20.7M |
| Current balance | $19.6M (February 2021) |
| Share of deal balance | 2.8% |
| Interest rate at origination | 5.08% |
| Current interest rate | 5.08% |
| Origination date | 05-01-2018 |
| Original term | 120 months |
| Amortization term | 300 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2028-05-06 |
| Prepayment lockout end | 02-05-2028 |
| Yield maintenance end | not yet reported |
| Servicer | Wells Fargo Bank, NA |
| Loan servicer | not yet reported |
| Originator | Starwood Mortgage Capital LLC |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $39.0M | not yet reported | MAI |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2021 | $19.6M | Current | 5.08% | 2.43 | 2.70 | 78% | $0 | 09-30-2020 | $9.7M | $5.8M | $4.0M | $3.6M |
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 |
|---|---|
| 2020-06-06 | Loan modified (maturity after modification 2028-05-06) |
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: JPMDB Commercial Mortgage Securities Trust 2018-C8 (segment D01, CIK 1735646).
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.