Office portfolio, 2 properties · Playa Vista, California
12655 West Jefferson Blvd
Public CMBS trusts hold $54.0M of the loan on this portfolio at 3.925% that reaches maturity on October 6, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $54,000,000
- Original balance (same notes)
- $54,000,000
- Interest rate
- 3.925% fixed
- Originated
- September 16, 2019
- Maturity
- October 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred March 18, 2026
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 12655 West Jefferson Blvd, Playa Vista, CA 90066
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Value at securitization
- $186.7M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $8.4M | $2.0M |
| Debt yield | 3.6% |
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 JPMDB Commercial Mortgage Securities Trust 2019-COR6 filing for the reporting period ending September 9, 2026, filed with the SEC September 23, 2026.
- With the special servicer
- NOI down 20% or more from securitization
On the cmbs.news watch list in every report since November 2025.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Net operating income is 77% below the underwritten figure ($2.0M a year against $8.4M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| 12655 West Jefferson Blvd | Playa Vista, CA | Office | n/a | n/a |
| 12555 West Jefferson Blvd | Playa Vista, CA | Office | 52% | 0.90x |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $54.0M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| August 2026 | $54.0M | Current | Yes | n/a | n/a |
| July 2026 | $54.0M | Current | Yes | n/a | n/a |
| June 2026 | $54.0M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| May 2026 | $54.0M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| April 2026 | $54.0M | 90+ days delinquent | Yes | -0.79x | n/a |
| March 2026 | $54.0M | 60-89 days delinquent | No | -0.84x | n/a |
| February 2026 | $54.0M | 30-59 days delinquent | No | -0.84x | n/a |
| January 2026 | $54.0M | Late payment but less than 30 days delinquent | No | -0.84x | n/a |
| December 2025 | $54.0M | Current | No | -0.84x | n/a |
| November 2025 | $54.0M | Current | No | -0.84x | n/a |
| October 2025 | $54.0M | Current | 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.
Special-servicing history
- Transferred to the special servicer March 18, 2026, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2019-COR6 | 4 | $54,000,000 | Sep 2026 | SEC filing, September 23, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
All loans maturing in 2029 · All Los Angeles-Long Beach-Anaheim loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.