Retail · Howell, New Jersey
Greenleaf at Howell
Public CMBS trusts hold $44.5M of the loan on Greenleaf at Howell at 5.10% 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 with the special servicer.
The loan
- Balance in tracked trusts
- $44,484,936
- Original balance (same notes)
- $46,500,000
- Interest rate
- 5.10% fixed
- Originated
- April 18, 2019
- Maturity
- May 1, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ended
- June 30, 2022
- Prepayment premium ends
- January 31, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred September 10, 2020
- Workout strategy
- Modification
- Modified
- Yes, most recently October 31, 2023
- Defeasance
- Partly defeased
The property
- Address
- 5313 Route 9 North, Howell, NJ 07731
- Metro
- New York-Newark-Jersey City, NY-NJ
- Rentable area
- 228,545 sq ft
- Built
- 2014
- Largest tenants
- BJ'S WHOLESALE CLUB; FITNESS INTERNATIONAL LLC; FIVE STAR CLIMBZONE USA LLC
- Value at securitization
- $63.6M (Feb 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.61x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $3.9M | n/a |
Watch flags
Computed from the BENCHMARK 2019-B12 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- With the special servicer
- Modified
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 $31.7M (January 12, 2026), against $63.6M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $44.5M | Current | Yes | n/a | n/a |
| August 2026 | $44.5M | Current | Yes | n/a | n/a |
| July 2026 | $44.5M | Current | Yes | n/a | n/a |
| June 2026 | $44.7M | Current | Yes | n/a | n/a |
| May 2026 | $44.7M | Current | Yes | n/a | n/a |
| April 2026 | $44.7M | Current | Yes | 0.75x | 75% |
| March 2026 | $44.7M | Current | Yes | 0.75x | 75% |
| February 2026 | $44.8M | Current | Yes | 0.75x | 75% |
| January 2026 | $44.8M | Current | Yes | 0.72x | n/a |
| December 2025 | $44.8M | Current | Yes | 0.72x | n/a |
| November 2025 | $44.9M | Current | Yes | 0.72x | n/a |
| October 2025 | $45.0M | Current | Yes | 0.66x | n/a |
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 September 10, 2020, 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2019-B11 Mortgage Trust | 15 | $25,350,706 | Sep 2026 | SEC filing, September 28, 2026 |
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 20 | $9,567,925 | Sep 2026 | SEC filing, September 23, 2026 |
| BENCHMARK 2019-B12 MORTGAGE TRUST | 34 | $9,566,304 | Sep 2026 | SEC filing, September 30, 2026 |
Other New York-Newark-Jersey City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1633 Broadway | New York, NY | Office | $780.0M | 2.99% | Dec 2029 | 2.87x | 76% | Current |
| 650 Madison Avenue | New York, NY | Mixed use | $545.8M | 3.486% | Dec 2029 | 1.25x | 62% | Current |
| Queens Center | Elmhurst, NY | Retail | $510.0M | 5.37% | Nov 2029 | 1.94x | 93% | Current |
| 3 Columbus Circle | New York, NY | Mixed use | $490.0M | 3.914% | Mar 2029 | 2.80x | 90% | Current |
| 30 Hudson Yards | New York, NY | Office | $422.0M | 3.11% | Jul 2029 | n/a | n/a | Current |
| 55 Hudson Yards | New York, NY | Office | $371.7M | 2.95% | Dec 2029 | n/a | n/a | Current |
| Gateway Center North | Brooklyn, NY | Retail | $300.0M | 6.827% | Nov 2029 | n/a | n/a | Current |
| 640 5th Avenue | New York, NY | Mixed use | $288.6M | 6.129% | Jul 2029 | 2.35x | 90% | Current |
All loans maturing in 2029 · All New York-Newark-Jersey City loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 9, 2026, September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.