Mixed use · Philadelphia, Pennsylvania
4536 Spruce Street
4536 Spruce Street is financed with a $6.9M CMBS loan at 4.07% that reaches maturity on December 6, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,903,130
- Original balance (same notes)
- $7,250,000
- Interest rate
- 4.07% fixed
- Originated
- November 7, 2019
- Maturity
- December 6, 2029
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- October 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4534-4536 Spruce Street, Philadelphia, PA 19139
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Rentable area
- 29,047 sq ft
- Units, rooms or beds
- 21
- Built
- 2019
- Largest tenants
- Clinical Care Associates of UPENN Health System; Hailey M. Swiggett; Riya K. Patel
- Value at securitization
- $10.2M (Oct 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.89x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $565K | n/a |
Watch flags
Computed from the BENCHMARK 2019-B15 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
What the filing shows
- The most recent valuation in the filing is $10.3M (November 1, 2019), against $10.2M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.9M | Current | No | n/a | n/a |
| August 2026 | $6.9M | Current | No | n/a | n/a |
| July 2026 | $6.9M | Current | No | n/a | n/a |
| June 2026 | $6.9M | Current | No | n/a | n/a |
| May 2026 | $6.9M | Current | No | n/a | n/a |
| April 2026 | $7.0M | Current | No | 1.54x | 96% |
| March 2026 | $7.0M | Current | No | n/a | n/a |
| February 2026 | $7.0M | Current | No | n/a | n/a |
| January 2026 | $7.0M | Current | No | n/a | n/a |
| December 2025 | $7.0M | Current | No | n/a | n/a |
| November 2025 | $7.0M | Current | No | n/a | n/a |
| October 2025 | $7.0M | 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.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2019-B15 MORTGAGE TRUST | 27 | $6,903,130 | Sep 2026 | SEC filing, September 30, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Cira Square | Philadelphia, PA | Office | $135.0M | 6.851% | Jun 2029 | 2.98x | 100% | Current |
| The Piazza | Philadelphia, PA | Multifamily | $108.5M | 5.91% | Aug 2029 | 1.15x | 100% | Current |
| Duane Morris Plaza | Philadelphia, PA | Office | $105.3M | 3.844% | Nov 2029 | 1.69x | 92% | Current |
| 3001 Red Lion Road | Philadelphia, PA | Office | $91.8M | 3.379% | Nov 2029 | n/a | n/a | Current |
| Hilton Penn's Landing | Philadelphia, PA | Hotel | $70.0M | 4.88% | Aug 2029 | 1.37x | 69% | Current |
| Presidential City | Philadelphia, PA | Multifamily | $60.0M | 3.498% | Sep 2029 | 0.91x | 92% | Current |
| One & Olney | Philadelphia, PA | Retail | $50.0M | 3.48% | Oct 2029 | 3.09x | 99% | Current |
| 1000 Chesterbrook | Berwyn, PA | Office | $37.9M | 4.14% | Oct 2029 | 1.72x | 100% | Current |
All loans maturing in 2029 · All Philadelphia-Camden-Wilmington 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.