Retail · Phoenix, Arizona
19th & Northern Marketplace
19th & Northern Marketplace is financed with a $9.6M CMBS loan at 3.55% that reaches maturity on August 6, 2031, in 4 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $9,615,540
- Original balance (same notes)
- $10,700,000
- Interest rate
- 3.55% fixed
- Originated
- August 6, 2021
- Maturity
- August 6, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- October 5, 2023
- Prepayment premium ends
- May 5, 2031 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 8012-8072 N. 19th Avenue, Phoenix, AZ 85021
- Metro
- Phoenix-Mesa-Chandler, AZ
- Rentable area
- 98,087 sq ft
- Built
- 1975
- Largest tenants
- Sprouts #7; Bookman's; Walgreens #6400
- Value at securitization
- $15.5M (May 2021)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.72x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $998K | n/a |
Watch flags
Computed from the Benchmark 2021-B29 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.6M | Current | No | n/a | n/a |
| August 2026 | $9.6M | Current | No | n/a | n/a |
| July 2026 | $9.7M | Current | No | n/a | n/a |
| June 2026 | $9.7M | Current | No | n/a | n/a |
| May 2026 | $9.7M | Current | No | n/a | n/a |
| April 2026 | $9.7M | Current | No | 1.79x | 92% |
| March 2026 | $9.7M | Current | No | 1.79x | 92% |
| February 2026 | $9.8M | Current | No | 1.73x | 92% |
| January 2026 | $9.8M | Current | No | 1.73x | 92% |
| December 2025 | $9.8M | Current | No | 1.59x | 92% |
| November 2025 | $9.8M | Current | No | 1.59x | 94% |
| October 2025 | $9.8M | Current | No | 1.59x | 94% |
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2021-B29 Mortgage Trust | 30 | $9,615,540 | Sep 2026 | SEC filing, September 28, 2026 |
Other Phoenix-Mesa-Chandler loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Watermark Tempe | Tempe, AZ | Mixed use | $121.0M | 2.84% | Aug 2031 | 4.47x | 98% | Current |
| Superstition Gateway | Mesa, AZ | Retail | $77.1M | 3.62% | Oct 2031 | 2.91x | 96% | Current |
| Mesa | Mesa, AZ | Self storage | $51.0M | 2.954% | Aug 2031 | n/a | n/a | Current |
| Mesa Grand | Mesa, AZ | Retail | $38.0M | 6.583% | Jul 2031 | n/a | n/a | Current |
| Gainey Ranch Corporate Center II | Scottsdale, AZ | Office | $29.2M | 3.20% | Aug 2031 | 4.12x | 100% | Current |
| Consumer Cellular | Phoenix, AZ | Office | $27.5M | 4.474% | Apr 2031 | 2.21x | 100% | Current |
| Arcadia Fiesta | Phoenix, AZ | Retail | $26.9M | 3.55% | Dec 2031 | 1.73x | 100% | Current |
| The District - Airpark | Scottsdale, AZ | Mixed use | $25.4M | 3.58% | Apr 2031 | 3.17x | 91% | Current |
All loans maturing in 2031 · All Phoenix-Mesa-Chandler loans
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.