Multifamily · Beaverton, Oregon
Creekside Village Apartments
Creekside Village Apartments is financed with a $12.8M CMBS loan at 4.61% that reaches maturity on May 1, 2029, in 2 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,841,834
- Original balance (same notes)
- $14,745,000
- Interest rate
- 4.61% fixed
- Originated
- April 4, 2019
- Maturity
- May 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- May 31, 2024
- Prepayment premium ends
- January 31, 2029 (yield maintenance)
- Originator
- Societe Generale Financial Corporation
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Modified
- Yes, most recently December 20, 2021
- Defeasance
- Partly defeased
The property
- Address
- 5450 & 5510 Southwest Erickson Avenue, Beaverton, OR 97005
- Metro
- Portland-Vancouver-Hillsboro, OR-WA
- Units, rooms or beds
- 120
- Built
- 1985
- Value at securitization
- $19.8M (Mar 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.53x | n/a |
| Occupancy | 88% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2019-C3 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.8M | Current | No | n/a | n/a |
| August 2026 | $12.9M | Current | No | n/a | n/a |
| July 2026 | $12.9M | Current | No | n/a | n/a |
| June 2026 | $12.9M | Current | No | n/a | n/a |
| May 2026 | $12.9M | Current | No | n/a | n/a |
| April 2026 | $13.0M | Current | No | 1.47x | 88% |
| March 2026 | $13.0M | Current | No | 1.89x | 83% |
| February 2026 | $13.0M | Current | No | 1.89x | 83% |
| January 2026 | $13.0M | Current | No | 1.89x | 83% |
| December 2025 | $13.1M | Current | No | 1.91x | 94% |
| November 2025 | $13.1M | Current | No | 1.91x | 94% |
| October 2025 | $13.1M | Current | No | 1.91x | 94% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2019-C3 | 24 | $12,841,834 | Sep 2026 | SEC filing, September 29, 2026 |
Other Portland-Vancouver-Hillsboro loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Wood Village Town Center | Wood Village, OR | Retail | $77.2M | 4.139% | Jun 2029 | n/a | n/a | Current |
| Louisa Apartments | Portland, OR | Multifamily | $58.4M | 5.073% | Oct 2029 | 0.96x | 93% | Current |
| Embassy Suites Washington Square | Tigard, OR | Hotel | $54.2M | 5.304% | Feb 2029 | 0.10x | 48% | Current |
| Kruse Woods V | Lake Oswego, OR | Office | $28.5M | 7.448% | Nov 2029 | 2.70x | 98% | Current |
| Millikan Business Center | Beaverton, OR | Mixed use | $25.8M | 3.357% | Nov 2029 | 2.22x | 100% | Current |
| Townhomes with a View | Clackamas, OR | Multifamily | $24.3M | 4.40% | Jul 2029 | 1.07x | 90% | Delinquent |
| Hollywood Station | Portland, OR | Retail | $14.7M | 4.46% | May 2029 | n/a | n/a | Delinquent |
| 21 Astor | Portland, OR | Multifamily | $12.2M | 5.11% | Jan 2029 | 1.40x | 97% | Current |
All loans maturing in 2029 · All Portland-Vancouver-Hillsboro 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.