Office · Foothill Ranch, California
Foothill Corporate
Foothill Corporate is financed with a $12.0M CMBS loan at 4.33% 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
- $12,038,076
- Original balance (same notes)
- $12,500,000
- Interest rate
- 4.33% fixed
- Originated
- May 7, 2019
- Maturity
- June 6, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- March 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 27042 Towne Centre Drive, Foothill Ranch, CA 92610
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 83,218 sq ft
- Built
- 1997, renovated 2018
- Largest tenants
- ExoAnalytic Solutions, Inc.; BIOLASE MG LLC; Eagle Community Credit Union
- Value at securitization
- $20.0M (Mar 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.85x | 1.21x |
| Occupancy | 90% | 87% |
| Net operating income (annualized from 3 months) | $1.4M | $916K |
| Debt yield | 7.6% |
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 JPMCC Commercial Mortgage Securities Trust 2019-COR5 filing for the reporting period ending September 9, 2026, filed with the SEC September 23, 2026.
- Coverage down 0.25x or more from securitization
- NOI down 20% 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
- Net operating income is 33% below the underwritten figure ($916K a year against $1.4M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.85x at securitization to 1.21x on the latest statements.
- The filing gives Feb 2029 as the lease end date for the largest tenant (ExoAnalytic Solutions, Inc.), 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 | $12.0M | Current | No | 1.21x | 87% |
| August 2026 | $12.1M | Current | No | 1.21x | 81% |
| July 2026 | $12.1M | Current | No | 1.21x | 81% |
| June 2026 | $12.1M | Current | No | 1.21x | 81% |
| May 2026 | $12.1M | Current | No | 1.21x | 81% |
| April 2026 | $12.1M | Current | No | 1.68x | 81% |
| March 2026 | $12.1M | Current | No | 1.68x | 81% |
| February 2026 | $12.2M | Current | No | 1.67x | 81% |
| January 2026 | $12.2M | Current | No | 1.67x | 81% |
| December 2025 | $12.2M | Current | No | 1.67x | 81% |
| November 2025 | $12.2M | Current | No | 1.74x | 81% |
| October 2025 | $12.2M | Current | No | 1.74x | 87% |
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 18 | $12,038,076 | Sep 2026 | SEC filing, September 23, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
All loans maturing in 2029 · All Los Angeles-Long Beach-Anaheim 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.