Office · Orlando, Florida
Darden HQ
Public CMBS trusts hold $110.0M of the loan on Darden HQ at 4.77% that reaches its anticipated repayment date on January 6, 2029, in 2 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $110,000,000
- Original balance (same notes)
- $110,000,000
- Interest rate
- 4.77% fixed
- Originated
- December 21, 2018
- Maturity
- January 6, 2029
- Anticipated repayment date
- January 6, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ended
- April 5, 2021
- Originator
- Column Financial, Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1000 Darden Center Drive, Orlando, FL 32837
- Metro
- Orlando-Kissimmee-Sanford, FL
- Rentable area
- 525,000 sq ft
- Built
- 2009
- Largest tenants
- Darden Corporation
- Value at securitization
- $157.4M (Nov 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.68x | 1.80x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $8.9M | $19.3M |
| Debt yield | 17.5% |
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.
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
- Net operating income is 116% above the underwritten figure ($19.3M a year against $8.9M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.68x at securitization to 1.80x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $110.0M | Current | No | 1.80x | 100% |
| August 2026 | $110.0M | Current | No | 1.82x | 100% |
| July 2026 | $110.0M | Current | No | 1.82x | 100% |
| June 2026 | $110.0M | Current | No | n/a | n/a |
| May 2026 | $110.0M | Current | No | n/a | n/a |
| April 2026 | $110.0M | Current | No | 1.94x | 100% |
| March 2026 | $110.0M | Current | No | 1.98x | 100% |
| February 2026 | $110.0M | Current | No | 1.98x | 100% |
| January 2026 | $110.0M | Current | No | 1.98x | 100% |
| December 2025 | $110.0M | Current | No | 1.98x | 100% |
| November 2025 | $110.0M | Current | No | 1.98x | 100% |
| October 2025 | $110.0M | Current | No | 2.08x | 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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CSAIL 2019-C15 Commercial Mortgage Trust | 1 | $80,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
| CSAIL 2019-C16 Commercial Mortgage Trust | 10 | $30,000,000 | Sep 2026 | SEC filing, September 28, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Waterford Lakes Town Center | Orlando, FL | Retail | $118.1M | 4.86% | May 2029 | 1.90x | 92% | Current |
| Marriott Downtown Orlando | Orlando, FL | Hotel | $34.3M | 4.118% | Jul 2029 | 2.15x | 62% | Current |
| The Wymore 360 | Altamonte Springs, FL | Multifamily | $33.0M | 6.839% | Nov 2029 | 0.67x | 90% | With the special servicer and 30-59 days delinquent |
| Celebration Suites | Kissimmee, FL | Hotel | $25.5M | 4.15% | Oct 2029 | n/a | n/a | Current |
| Doubletree - Orlando East | Orlando, FL | Hotel | $22.2M | 4.15% | Aug 2029 | 1.59x | 65% | Current |
| Southchase Village | Orlando, FL | Retail | $16.5M | 3.78% | Sep 2029 | 3.49x | 95% | Current |
| Orlando Terrace | Orlando, FL | Multifamily | $14.9M | 6.36% | Jun 2029 | 1.26x | 86% | Late, less than 30 days |
| Towneplace Suites Altamonte Springs | Altamonte Springs, FL | Hotel | $9.8M | 4.99% | May 2029 | 2.23x | 83% | Current |
All loans maturing in 2029 · All Orlando-Kissimmee-Sanford 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.