Office portfolio, 22 properties · Chesapeake, Virginia
Battlefield Tech I - Battlefield
Public CMBS trusts hold $108.2M of the loan on this portfolio at 5.30% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $108,220,000
- Original balance (same notes)
- $133,000,000
- Interest rate
- 5.30% fixed
- Originated
- March 28, 2019
- Maturity
- April 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- July 5, 2021
- Prepayment premium ends
- February 5, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred November 13, 2023, returned July 25, 2025
- Workout strategy
- Resolved
- Modified
- Yes, most recently January 30, 2026
- Defeasance
- Partly defeased
The property
- Address
- 510 Independence Parkway, Chesapeake, VA 23320
- Metro
- Virginia Beach-Chesapeake-Norfolk, VA-NC
- Value at securitization
- $185.2M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | $13.7M | $4.5M |
| Debt yield | 4.2% |
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.
- NOI down 20% or more from securitization
- Modified
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 67% below the underwritten figure ($4.5M a year against $13.7M).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Battlefield Tech I - Battlefield | Chesapeake, VA | Office | n/a | n/a |
| Independence Place - Battlefield | Chesapeake, VA | Office | n/a | n/a |
| Independence Tech - Battlefield | Chesapeake, VA | Office | n/a | n/a |
| Dendrite - Greenbriar | Chesapeake, VA | Office | n/a | n/a |
| Liberty III - Greenbriar | Chesapeake, VA | Office | n/a | n/a |
| Reflections II - Lynnhaven | Virginia Beach, VA | Office | 93% | 0.63x |
| Liberty II - Greenbrier | Chesapeake, VA | Office | n/a | n/a |
| Lake Center II - Battlefield | Chesapeake, VA | Office | n/a | n/a |
| Liberty IV - Greenbriar | Chesapeake, VA | Office | n/a | n/a |
| Reflections III - Lynnhaven | Virginia Beach, VA | Office | n/a | n/a |
| Liberty I - Greenbriar | Chesapeake, VA | Office | n/a | n/a |
| Battlefield Tech - Battlefield | Chesapeake, VA | Office | n/a | n/a |
| Lake Center I - Battlefield | Chesapeake, VA | Office | n/a | n/a |
| Oxford Plaza - Hampton Center | Hampton, VA | Office | n/a | n/a |
| Airport Business Center - Lynnhaven | Virginia Beach, VA | Industrial | n/a | n/a |
| Reflections I - Lynnhaven | Virginia Beach, VA | Office | n/a | n/a |
| Olympia Place - Hampton Center | Hampton, VA | Office | n/a | n/a |
| Parkway - Hampton Center | Hampton, VA | Office | n/a | n/a |
| Lakefront Plaza - Hampton Center | Hampton, VA | Office | n/a | n/a |
| Oceana Center One - Lynnhaven | Virginia Beach, VA | Office | n/a | n/a |
| Lynnhaven V - Lynnhaven | Virginia Beach, VA | Office | n/a | n/a |
| 5 Manhattan - Hampton Center | Hampton, VA | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $108.2M | Current | No | n/a | n/a |
| August 2026 | $108.2M | Current | No | n/a | n/a |
| July 2026 | $108.2M | Current | No | n/a | n/a |
| June 2026 | $108.2M | Current | No | n/a | n/a |
| May 2026 | $108.2M | Current | No | n/a | n/a |
| April 2026 | $108.2M | Current | No | n/a | n/a |
| March 2026 | $108.2M | Current | No | n/a | n/a |
| February 2026 | $108.2M | Current | No | n/a | n/a |
| January 2026 | $112.0M | Current | No | n/a | n/a |
| December 2025 | $112.0M | Current | No | n/a | n/a |
| November 2025 | $112.0M | Current | No | n/a | n/a |
| October 2025 | $120.4M | 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 November 13, 2023, returned to the master servicer July 25, 2025.
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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 5 | $40,684,210 | Sep 2026 | SEC filing, September 23, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | 4 | $34,988,421 | Sep 2026 | SEC filing, September 23, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2019-COR6 | 7 | $32,547,368 | Sep 2026 | SEC filing, September 23, 2026 |
Other Virginia Beach-Chesapeake-Norfolk loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Dominion Tower | Norfolk, VA | Office | $57.2M | 5.29% | Jan 2029 | 1.49x | 65% | With the special servicer |
| Christopher Crossing Apartments | Newport News, VA | Multifamily | $42.0M | 6.61% | Nov 2029 | 1.55x | 92% | Current |
| Town Point Center | Norfolk, VA | Office | $14.5M | 5.35% | Jan 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
| London Bridge Industrial | Virginia Beach, VA | Industrial | $14.0M | 6.56% | Aug 2029 | 1.48x | 100% | Current |
| Delta Hotels | Chesapeake, VA | Hotel | $13.8M | 4.65% | Oct 2029 | n/a | n/a | Current |
| Springhill Suites Chesapeake | Chesapeake, VA | Hotel | $10.5M | 4.90% | Jun 2029 | 1.83x | 80% | Current |
| Harbourview North | Suffolk, VA | Retail | $9.5M | 4.98% | Apr 2029 | n/a | n/a | Current |
| Embassy Suites - Williamsburg | Williamsburg, VA | Hotel | $8.6M | 4.55% | Jun 2029 | 1.82x | 66% | Current |
All loans maturing in 2029 · All Virginia Beach-Chesapeake-Norfolk 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.