← Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35 · Loan annex · CMBS market
- Deal
- Morgan Stanley Bank of America Merrill Lynch Trust 2025-C35
- Current balance
- $31.9M (September 2026)
- Share of deal
- 5.4%
- Status
- Current
- DSCR (latest)
- 0.83
- Occupancy (latest)
- 64%
- Scheduled maturity
- 2035-07-01
Property and terms
| Property | Hilton Harrisburg |
| Address | 1-3 North 2nd Street; Harrisburg, PA 17101 |
| Property type | Lodging |
| Units, beds or keys | 341 |
| Net rentable square feet | not yet reported |
| Year built | 1990 |
| Year last renovated | 2024 |
| Original balance | $32.3M |
| Current balance | $31.9M (September 2026) |
| Share of deal balance | 5.4% |
| Interest rate at origination | 6.84% |
| Current interest rate | 6.84% |
| Origination date | 06-25-2025 |
| Original term | 120 months |
| Amortization term | 360 months |
| Interest-only period | not yet reported |
| Scheduled maturity | 2035-07-01 |
| Prepayment lockout end | 03-31-2035 |
| Yield maintenance end | not yet reported |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | Bank of America, National Association |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $57.6M | 06-01-2025 | MAI |
| Most recent reported | $57.6M | 2025-06-01 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2025 | $32.3M | Current | 6.84% | 1.72 | 2.16 | 69% | $0 | 05-31-2025 | $27.9M | $22.4M | $5.5M | $4.4M |
| September 2025 | $32.3M | Current | 6.84% | 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 |
| October 2025 | $32.2M | Current | 6.84% | 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 |
| November 2025 | $32.2M | Current | 6.84% | 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 |
| December 2025 | $32.2M | Current | 6.84% | 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 |
| January 2026 | $32.2M | Current | 6.84% | 1.75 | 2.18 | 68% | $0 | 09-30-2025 | $27.5M | $21.9M | $5.5M | $4.4M |
| February 2026 | $32.1M | Current | 6.84% | 1.75 | 2.18 | 67% | $0 | 09-30-2025 | $27.5M | $21.9M | $5.5M | $4.4M |
| March 2026 | $32.1M | Current | 6.84% | 1.55 | 1.98 | 67% | $0 | 12-31-2025 | $27.2M | $22.1M | $5.0M | $3.9M |
| April 2026 | $32.1M | Current | 6.84% | 1.55 | 1.98 | 67% | $0 | 12-31-2025 | $27.2M | $22.1M | $5.0M | $3.9M |
| May 2026 | $32.0M | Current | 6.84% | 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 | $32.0M | Current | 6.84% | 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 |
| July 2026 | $32.0M | Current | 6.84% | 0.83 | 1.21 | 59% | $0 | 03-31-2026 | $6.0M | $5.2M | $769,074 | $529,060 |
| August 2026 | $32.0M | Current | 6.84% | 0.83 | 1.21 | 59% | $0 | 03-31-2026 | $6.0M | $5.2M | $769,074 | $529,060 |
| September 2026 | $31.9M | Current | 6.84% | 0.83 | 1.21 | 64% | $0 | 03-31-2026 | $6.0M | $5.2M | $769,074 | $529,060 |
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.