Retail · Houston, Texas
Grove Heights
Grove Heights is financed with a $3.8M CMBS loan at 4.30% that reaches maturity on August 6, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $3,839,736
- Original balance (same notes)
- $4,217,000
- Interest rate
- 4.30%
- Originated
- August 6, 2019
- Maturity
- August 6, 2029
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SMC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1900 West 18th St, Houston, TX 77008
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 18,990 sq ft
- Built
- 1970, renovated 2018
- Largest tenants
- Sola Houston I LLC; EKM Ltd.; Under the Staircase
- Value at securitization
- $6.3M (Jul 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.55x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $387K |
| Debt yield | 10.1% |
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 CF 2019-CF2 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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
- The filing gives Oct 2028 as the lease end date for the largest tenant (Sola Houston I 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 | $3.8M | Not reported | No | 1.55x | 100% |
| August 2026 | $3.8M | Not reported | No | 1.55x | 100% |
| July 2026 | $3.9M | Not reported | No | 1.55x | 100% |
| June 2026 | $3.9M | Not reported | No | 1.55x | 100% |
| May 2026 | $3.9M | Not reported | No | 1.55x | 100% |
| April 2026 | $3.9M | Not reported | No | 1.55x | 100% |
| March 2026 | $3.9M | Not reported | No | 1.55x | 100% |
| February 2026 | $3.9M | Not reported | No | 1.56x | 100% |
| January 2026 | $3.9M | Not reported | No | 1.56x | 100% |
| December 2025 | $3.9M | Not reported | No | 1.76x | 87% |
| November 2025 | $3.9M | Not reported | No | 1.76x | 87% |
| October 2025 | $3.9M | Not reported | No | 1.76x | 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 |
|---|---|---|---|---|
| CF 2019-CF2 Mortgage Trust | 41 | $3,839,736 | Sep 2026 | SEC filing, September 30, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Woodlands Mall | The Woodlands, TX | Retail | $247.6M | 4.256% | Aug 2029 | 4.02x | 84% | Current |
| Baybrook Mall | Friendswood, TX | Retail | $205.7M | 6.816% | Aug 2029 | 1.65x | 91% | Current |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Verde Apartments | Houston, TX | Multifamily | $78.0M | 6.79% | Dec 2029 | 1.13x | 81% | Current |
| Marqe Entertainment Center | Houston, TX | Retail | $70.0M | 7.27% | Apr 2029 | 1.61x | 99% | Current |
| Falls Houston Multifamily Portfolio | Houston, TX | Multifamily | $63.3M | 6.944% | Jul 2029 | 1.38x | 89% | With the special servicer and 90+ days delinquent |
| NOV Headquarters | Houston, TX | Office | $39.2M | 4.63% | Apr 2029 | 1.83x | 100% | Current |
All loans maturing in 2029 · All Houston-Pasadena-The Woodlands 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.