Retail portfolio, 2 properties · Palm Desert, California
34-260 Monterey Avenue
This portfolio is financed with a $3.9M CMBS loan at 4.35% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,851,000
- Original balance (same notes)
- $3,851,000
- Interest rate
- 4.35% fixed
- Originated
- September 6, 2019
- Maturity
- September 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- November 5, 2021
- Prepayment premium ends
- June 5, 2029 (yield maintenance)
- Master servicer
- Midland
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred June 25, 2020, returned July 9, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 34-260 Monterey Avenue aka 34620 Monterey Avenue, Palm Desert, CA 92211
- Metro
- Riverside-San Bernardino-Ontario, CA
- Value at securitization
- $6.4M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $339K | n/a |
Watch flags
Computed from the Benchmark 2019-B13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 |
|---|---|---|---|---|
| 34-260 Monterey Avenue | Palm Desert, CA | Retail | n/a | n/a |
| 18428 Collier Ave | Lake Elsinore, CA | Retail | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.9M | Current | No | n/a | n/a |
| August 2026 | $3.9M | Current | No | n/a | n/a |
| July 2026 | $3.9M | Current | No | n/a | n/a |
| June 2026 | $3.9M | Current | No | n/a | n/a |
| May 2026 | $3.9M | Current | No | n/a | n/a |
| April 2026 | $3.9M | Current | No | n/a | n/a |
| March 2026 | $3.9M | Current | No | n/a | n/a |
| February 2026 | $3.9M | Current | No | n/a | n/a |
| January 2026 | $3.9M | Current | No | n/a | n/a |
| December 2025 | $3.9M | Current | No | n/a | n/a |
| November 2025 | $3.9M | Current | No | n/a | n/a |
| October 2025 | $3.9M | 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 June 25, 2020, returned to the master servicer July 9, 2020.
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 |
|---|---|---|---|---|
| Benchmark 2019-B13 Mortgage Trust | 39 | $3,851,000 | Sep 2026 | SEC filing, October 1, 2026 |
Other Riverside-San Bernardino-Ontario loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Springs | Palm Springs, CA | Retail | $167.2M | 4.059% | May 2029 | n/a | n/a | Current |
| Galleria at Tyler | Riverside, CA | Retail | $120.0M | 7.919% | Jan 2029 | 1.81x | 85% | Current |
| Metro 3610 | Riverside, CA | Multifamily | $75.5M | 6.181% | Nov 2029 | 1.16x | 95% | Current |
| Jess Ranch Marketplace | Apple Valley, CA | Retail | $58.1M | 3.724% | Aug 2029 | 2.51x | 93% | Current |
| 67660 East Ramon Road | Cathedral City, CA | Self storage | $39.0M | 4.14% | Apr 2029 | n/a | n/a | Current |
| The Glen | San Bernardino, CA | Multifamily | $28.5M | 6.921% | Feb 2029 | 1.18x | 79% | Current |
| Menifee Town Center | Menifee, CA | Retail | $21.7M | 3.86% | Aug 2029 | n/a | n/a | Current |
| Tower Plaza | Temecula, CA | Retail | $19.3M | 4.12% | Jul 2029 | 2.66x | 97% | Current |
All loans maturing in 2029 · All Riverside-San Bernardino-Ontario 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.