Industrial portfolio, 6 properties · Baldwyn, Mississippi
1 Fashion Way
Public CMBS trusts hold $38.0M of the loan on this portfolio at 4.80% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $38,016,938
- Original balance (same notes)
- $41,690,000
- Interest rate
- 4.80% fixed
- Originated
- March 7, 2019
- Maturity
- April 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- December 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 1 Fashion Way, Baldwyn, MS 38824
- Value at securitization
- $61.4M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 3 months) | n/a | $2.5M |
| Debt yield | 6.5% |
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 BBCMS Mortgage Trust 2019-C3 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 1 Fashion Way | Baldwyn, MS | Industrial | n/a | n/a |
| 298 Henry Southern Drive | Pontotoc, MS | Industrial | n/a | n/a |
| 957 Pontotoc County Industrial Parkway | Ecru, MS | Industrial | n/a | n/a |
| Southern Motion Industrial Portfolio | Pontotoc, MS | Industrial | 100% | 0.93x |
| 370 Henry Southern Drive | Pontotoc, MS | Industrial | n/a | n/a |
| 161 Prestige Drive | Pontotoc, MS | Industrial | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $38.0M | Current | No | n/a | n/a |
| August 2026 | $38.1M | Current | No | n/a | n/a |
| July 2026 | $38.1M | Current | No | n/a | n/a |
| June 2026 | $38.2M | Current | No | n/a | n/a |
| May 2026 | $38.3M | Current | No | n/a | n/a |
| April 2026 | $38.3M | Current | No | n/a | n/a |
| March 2026 | $38.4M | Current | No | n/a | n/a |
| February 2026 | $38.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| January 2026 | $38.5M | Current | No | n/a | n/a |
| December 2025 | $38.7M | 30-59 days delinquent | No | n/a | n/a |
| November 2025 | $38.7M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| October 2025 | $38.8M | 30-59 days delinquent | No | n/a | n/a |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2019-C16 | 4 | $28,897,980 | Sep 2026 | SEC filing, September 28, 2026 |
| BBCMS Mortgage Trust 2019-C3 | 33 | $9,118,958 | Sep 2026 | SEC filing, September 29, 2026 |
Other Mississippi loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Life Storage - 586 | Flowood, MS | Self storage | $70.7M | 3.809% | Aug 2029 | n/a | n/a | Current |
| Highland Hills Apartments | Jackson, MS | Multifamily | $27.1M | 5.591% | Jan 2029 | -0.58x | 45% | With the special servicer and 90+ days delinquent |
| Forum at Grandview | Madison, MS | Retail | $22.6M | 4.60% | Sep 2029 | n/a | n/a | Current |
| Meridian Crossroads | Meridian, MS | Retail | $22.0M | 7.165% | Dec 2029 | 1.68x | 100% | Current |
| Homewood Suites Southaven | Southaven, MS | Hotel | $17.6M | 7.765% | Dec 2029 | 1.50x | 94% | Current |
| Olive Branch Commons | Olive Branch, MS | Retail | $12.2M | 5.33% | May 2029 | n/a | n/a | Current |
| Heritage Place Apartments | Meridian, MS | Multifamily | $11.5M | 4.85% | Aug 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| The Park at Milestone | Vicksburg, MS | Multifamily | $11.4M | 6.304% | Sep 2029 | 1.18x | 93% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.