Mixed use · New York, New York
3 Columbus Circle
Public CMBS trusts hold $490.0M of the loan on 3 Columbus Circle at 3.914% that reaches maturity on March 11, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $490,000,000
- Original balance (same notes)
- $490,000,000
- Interest rate
- 3.914% fixed
- Originated
- March 12, 2019
- Maturity
- March 11, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- November 10, 2028
- Master servicer
- KeyBank
- Originator
- JPMCB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3 Columbus Circle, New York, NY 10019
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 755,759 sq ft
- Built
- 1927, renovated 2013
- Largest tenants
- Young & Rubicam (condo); Young & Rubicam Inc.; Emerge 212 3CC LLC
- Value at securitization
- $1.1B (Jan 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 3.11x | 2.80x |
| Occupancy | 97% | 90% |
| Net operating income (annualized from 3 months) | $60.5M | $55.2M |
| Debt yield | 11.3% |
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 Morgan Stanley Capital I Trust 2019-H6 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 2026.
- Coverage down 0.25x or more from securitization
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
- Occupancy has fallen from 97% when the loan was securitized to 90%.
- Net operating income is 9% below the underwritten figure ($55.2M a year against $60.5M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 3.11x at securitization to 2.80x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $490.0M | Current | No | 2.80x | 90% |
| August 2026 | $490.0M | Current | No | 2.80x | 90% |
| July 2026 | $490.0M | Current | No | 2.80x | 90% |
| June 2026 | $490.0M | Current | No | 2.41x | 89% |
| May 2026 | $490.0M | Current | No | 2.43x | 89% |
| April 2026 | $490.0M | Current | No | 2.93x | 91% |
| March 2026 | $490.0M | Current | No | 2.95x | 100% |
| February 2026 | $490.0M | Current | No | 2.95x | 100% |
| January 2026 | $490.0M | Current | No | 2.95x | 100% |
| December 2025 | $490.0M | Current | No | 2.95x | 100% |
| November 2025 | $490.0M | Current | No | 2.94x | 95% |
| October 2025 | $490.0M | Current | No | 2.94x | 95% |
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 11 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2019-B11 Mortgage Trust | 1 | $100,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Benchmark 2019-B10 Mortgage Trust | 1 | $75,000,000 | Sep 2026 | SEC filing, October 1, 2026 |
| CF 2019-CF1 Mortgage Trust | 2 | $50,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 4 | $50,000,000 | Sep 2026 | SEC filing, September 23, 2026 |
| CSAIL 2019-C16 Commercial Mortgage Trust | 1 | $50,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BENCHMARK 2019-B12 MORTGAGE TRUST | 8 | $50,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
| Benchmark 2019-B13 Mortgage Trust | 12 | $37,500,000 | Sep 2026 | SEC filing, October 1, 2026 |
| UBS Commercial Mortgage Trust 2019-C18 | 5 | $30,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| CF 2019-CF3 Mortgage Trust | 10 | $25,000,000 | Sep 2026 | SEC filing, September 30, 2026 |
| Morgan Stanley Capital I Trust 2019-H7 | 19 | $12,500,000 | Sep 2026 | SEC filing, October 2, 2026 |
| Morgan Stanley Capital I Trust 2019-H6 | 22 | $10,000,000 | Sep 2026 | SEC filing, October 2, 2026 |
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1633 Broadway | New York, NY | Office | $780.0M | 2.99% | Dec 2029 | 2.87x | 76% | Current |
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| 30 Hudson Yards | New York, NY | Office | $422.0M | 3.11% | Jul 2029 | n/a | n/a | Current |
| 55 Hudson Yards | New York, NY | Office | $371.7M | 2.95% | Dec 2029 | n/a | n/a | Current |
| Gateway Center North | Brooklyn, NY | Retail | $300.0M | 6.827% | Nov 2029 | n/a | n/a | Current |
| 640 5th Avenue | New York, NY | Mixed use | $288.6M | 6.129% | Jul 2029 | 2.35x | 90% | Current |
| Bay Plaza Community Center | Bronx, NY | Mixed use | $280.0M | 6.13% | Oct 2029 | 1.51x | 84% | Current |
All loans maturing in 2029 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 9, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.