Mixed use portfolio, 11 properties · Multiple locations
CIRE Equity Retail & Industrial Portfolio
Public CMBS trusts hold $51.4M of the loan on this portfolio at 4.139% that reaches maturity on June 6, 2029, in 2 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $51,440,000
- Original balance (same notes)
- $51,440,000
- Interest rate
- 4.139% fixed
- Originated
- May 9, 2019
- Maturity
- June 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- July 5, 2021
- Master servicer
- Trimont LLC
- Originator
- UBS AG; Deutsche Bank AG, New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Value at securitization
- $198.1M
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.42x | 2.73x |
| Occupancy | 91% | 96% |
| Net operating income | $13.1M | $14.7M |
| Debt yield | 28.6% |
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 Wells Fargo Commercial Mortgage Trust 2019-C54 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Occupancy has risen from 91% when the loan was securitized to 96%.
- Net operating income is 12% above the underwritten figure ($14.7M a year against $13.1M).
- Debt service coverage moved from 2.42x at securitization to 2.73x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $51.4M | Current | No | 2.73x | 96% |
| August 2026 | $51.4M | Current | No | 2.73x | 96% |
| July 2026 | $51.4M | Current | No | 2.73x | 96% |
| June 2026 | $51.4M | Current | No | 2.73x | 96% |
| May 2026 | $51.4M | Current | No | 2.73x | 96% |
| April 2026 | $51.4M | Current | No | 2.67x | 96% |
| March 2026 | $51.4M | Current | No | 2.67x | 96% |
| February 2026 | $51.4M | Current | No | 2.67x | 96% |
| January 2026 | $51.4M | Current | No | 2.67x | 96% |
| December 2025 | $51.4M | Current | No | 2.67x | 96% |
| November 2025 | $51.4M | Current | No | 2.62x | 100% |
| October 2025 | $51.4M | Current | No | 2.62x | 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.
Where the loan sits
The loan is split into 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C51 | 11 | $22,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| UBS Commercial Mortgage Trust 2019-C17 | 18 | $15,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| BBCMS Mortgage Trust 2019-C4 | 39 | $9,440,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2019-C54 | 40 | $5,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other mixed use loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| 3 Columbus Circle | New York, NY | Mixed use | $490.0M | 3.914% | Mar 2029 | 2.80x | 90% | 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 |
| Colony Square | Atlanta, GA | Mixed use | $260.0M | 7.375% | Oct 2029 | n/a | n/a | Current |
| Millennium Park Plaza | Chicago, IL | Mixed use | $210.0M | 3.66% | Aug 2029 | 1.66x | 73% | Current |
| 59 Maiden Lane | New York, NY | Mixed use | $200.0M | 3.99% | May 2029 | 3.05x | 100% | Current |
| 610 Main Street North | Cambridge, MA | Mixed use | $160.0M | 3.797% | Jun 2029 | n/a | n/a | 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.