Retail · Mechanicsville, Virginia
Bell Creek Commons
Bell Creek Commons is financed with a $8.2M CMBS loan at 4.57% 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
- $8,176,341
- Original balance (same notes)
- $8,500,000
- Interest rate
- 4.57% fixed
- Originated
- April 2, 2019
- Maturity
- April 6, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- November 5, 2020
- Prepayment premium ends
- December 5, 2028 (yield maintenance)
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 18, 2020, returned August 18, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 7285-7297 Battle Hill Drive, Mechanicsville, VA 23111
- Metro
- Richmond, VA
- Rentable area
- 46,828 sq ft
- Built
- 2007
- Largest tenants
- GFP Mechanicsville, LLC; (GrL) Chick-Fil-A, Inc. #2175; Original Mattress Factory
- Value at securitization
- $12.4M (Dec 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.77x | 1.58x |
| Occupancy | 100% | 74% |
| Net operating income | $920K | $825K |
| Debt yield | 10.1% |
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 CSAIL 2019-C16 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 2026.
- Occupancy down 10 points 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 100% when the loan was securitized to 74%.
- Net operating income is 10% below the underwritten figure ($825K a year against $920K).
- Debt service coverage moved from 1.77x at securitization to 1.58x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.2M | Current | No | 1.58x | 74% |
| August 2026 | $8.2M | Current | No | 1.68x | 74% |
| July 2026 | $8.2M | Current | No | 1.68x | 74% |
| June 2026 | $8.2M | Current | No | 1.68x | 74% |
| May 2026 | $8.2M | Current | No | n/a | n/a |
| April 2026 | $8.2M | Current | No | 1.76x | 100% |
| March 2026 | $8.2M | Current | No | 1.76x | 100% |
| February 2026 | $8.3M | Current | No | 1.76x | 100% |
| January 2026 | $8.3M | Current | No | 1.74x | 100% |
| December 2025 | $8.3M | Current | No | 1.74x | 100% |
| November 2025 | $8.3M | Current | No | 1.74x | 100% |
| October 2025 | $8.3M | Current | No | 1.74x | 100% |
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 May 18, 2020, returned to the master servicer August 18, 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 |
|---|---|---|---|---|
| CSAIL 2019-C16 Commercial Mortgage Trust | 32 | $8,176,341 | Sep 2026 | SEC filing, September 28, 2026 |
Other Richmond loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Embassy Suites Richmond | Richmond, VA | Hotel | $22.0M | 3.705% | Dec 2029 | 2.52x | 55% | Current |
| Hancock Village - Va | Chesterfield, VA | Retail | $16.9M | 4.925% | Jan 2029 | 2.05x | 99% | Current |
| Winterpock Crossing Shopping Center | Midlothian, VA | Retail | $12.3M | 7.07% | Aug 2029 | 1.45x | 98% | Current |
| The Crossings Shopping Center | Hopewell, VA | Retail | $8.1M | 4.98% | Jan 2029 | 2.28x | 93% | Current |
| Laburnum Square Shopping Center | Richmond, VA | Retail | $7.4M | 4.28% | Sep 2029 | 2.06x | 97% | Current |
| New York Life Building | Glen Allen, VA | Office | $7.4M | 4.53% | Jun 2029 | 0.96x | 92% | Current |
| Walnut Hill | Petersburg, VA | Retail | $6.3M | 3.939% | Dec 2029 | n/a | n/a | Current |
| Jefferson Storage | Prince George, VA | Self storage | $4.4M | 4.70% | Aug 2029 | 1.55x | 90% | Current |
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.