Mixed use · Deerfield, Illinois
Deerfield Village Centre
Deerfield Village Centre is financed with a $6.4M CMBS loan at 4.99% that reaches maturity on May 6, 2029, in 2 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $6,433,864
- Original balance (same notes)
- $6,500,000
- Interest rate
- 4.99% fixed
- Originated
- May 2, 2019
- Maturity
- May 6, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- February 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred May 28, 2025
- Workout strategy
- TBD
- Defeasance
- None reported
The property
- Address
- 695 Deerfield Road and 775 Waukegan Road, Deerfield, IL 60015
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 44,030 sq ft
- Built
- 2000
- Largest tenants
- Global Repair Group, LLC; TSMGI - The Specialized Marketing Group; Pet people
- Value at securitization
- $10.3M (Jan 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.45x | n/a |
| Occupancy | 90% | n/a |
| Net operating income | $608K | n/a |
Watch flags
Computed from the JPMCC Commercial Mortgage Securities Trust 2019-COR5 filing for the reporting period ending September 9, 2026, filed with the SEC September 23, 2026.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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
- The most recent valuation in the filing is $6.1M (July 28, 2025), against $10.3M at securitization.
- The filing gives Oct 2028 as the lease end date for the largest tenant (Global Repair Group, LLC), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.4M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $6.4M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $6.4M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $6.4M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $6.4M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $6.4M | 90+ days delinquent | Yes | 1.16x | 94% |
| March 2026 | $6.4M | 90+ days delinquent | Yes | 1.16x | 94% |
| February 2026 | $6.4M | 90+ days delinquent | Yes | 1.16x | 94% |
| January 2026 | $6.4M | 90+ days delinquent | Yes | 1.16x | 94% |
| December 2025 | $6.4M | 90+ days delinquent | Yes | 1.16x | 94% |
| November 2025 | $6.4M | 90+ days delinquent | Yes | 1.16x | 94% |
| October 2025 | $6.4M | 90+ days delinquent | Yes | 1.16x | 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.
Special-servicing history
- Transferred to the special servicer May 28, 2025, still there.
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 24 | $6,433,864 | Sep 2026 | SEC filing, September 23, 2026 |
Other Chicago-Naperville-Elgin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Millennium Park Plaza | Chicago, IL | Mixed use | $210.0M | 3.66% | Aug 2029 | 1.66x | 73% | Current |
| 101 45th Street | Munster, IN | Industrial | $138.8M | 3.231% | Dec 2029 | n/a | n/a | Current |
| City Hyde Park | Chicago, IL | Multifamily | $108.7M | 4.70% | Oct 2029 | 1.03x | 83% | Current |
| 5452-5466 S. Ellis Avenue | Chicago, IL | Multifamily | $106.8M | 4.554% | Feb 2029 | n/a | n/a | Current |
| 3500 Lacey Road | Downers Grove, IL | Office | $85.8M | 4.35% | Dec 2029 | 2.39x | 95% | Current |
| Lakeside Apartments | Lisle, IL | Multifamily | $70.0M | 4.935% | Mar 2029 | 1.98x | 95% | Current |
| Hilton Garden Inn & Canopy - Chicago Central Loop | Chicago, IL | Healthcare | $65.0M | 7.60% | Jun 2029 | 1.93x | 74% | Current |
| The Elston Retail Collection | Chicago, IL | Retail | $57.1M | 3.65% | Nov 2029 | 1.40x | 100% | With the special servicer |
All loans maturing in 2029 · All Chicago-Naperville-Elgin 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.