Retail portfolio, 3 properties · Mississippi
Jackson Retail Portfolio
This portfolio is financed with a $3.3M CMBS loan at 5.15% 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
- $3,268,605
- Original balance (same notes)
- $3,900,000
- Interest rate
- 5.15% fixed
- Originated
- July 11, 2019
- Maturity
- August 6, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ended
- January 5, 2020
- Prepayment premium ends
- May 5, 2029 (yield maintenance)
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Value at securitization
- $5.8M (May 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.61x | 1.77x |
| Occupancy | 100% | 68% |
| Net operating income (annualized from 3 months) | $448K | $500K |
| Debt yield | 15.3% |
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 BBCMS Mortgage Trust 2019-C4 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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
- Occupancy has fallen from 100% when the loan was securitized to 68%.
- Net operating income is 12% above the underwritten figure ($500K a year against $448K; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 1.61x at securitization to 1.77x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.3M | Current | No | 1.77x | 68% |
| August 2026 | $3.3M | Current | No | 1.77x | 68% |
| July 2026 | $3.3M | Current | No | 1.77x | 68% |
| June 2026 | $3.3M | Current | No | 1.48x | 68% |
| May 2026 | $3.3M | Current | No | 1.48x | 68% |
| April 2026 | $3.3M | Current | No | 1.48x | 68% |
| March 2026 | $3.3M | Current | No | 1.48x | 68% |
| February 2026 | $3.3M | Current | No | 1.48x | 68% |
| January 2026 | $3.3M | Current | No | 1.49x | 92% |
| December 2025 | $3.3M | Current | No | 1.49x | 92% |
| November 2025 | $3.4M | Current | No | 1.49x | 92% |
| October 2025 | $3.4M | Current | No | 1.49x | 92% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2019-C4 | 63 | $3,268,605 | Sep 2026 | SEC filing, September 29, 2026 |
Other Mississippi loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Life Storage - 586 | Flowood, MS | Self storage | $70.7M | 3.809% | Aug 2029 | n/a | n/a | Current |
| 1 Fashion Way | Baldwyn, MS | Industrial | $38.0M | 4.80% | Apr 2029 | n/a | n/a | Current |
| Highland Hills Apartments | Jackson, MS | Multifamily | $27.1M | 5.591% | Jan 2029 | -0.58x | 45% | With the special servicer and 90+ days delinquent |
| Forum at Grandview | Madison, MS | Retail | $22.6M | 4.60% | Sep 2029 | n/a | n/a | Current |
| Meridian Crossroads | Meridian, MS | Retail | $22.0M | 7.165% | Dec 2029 | 1.68x | 100% | Current |
| Homewood Suites Southaven | Southaven, MS | Hotel | $17.6M | 7.765% | Dec 2029 | 1.50x | 94% | Current |
| Olive Branch Commons | Olive Branch, MS | Retail | $12.2M | 5.33% | May 2029 | n/a | n/a | Current |
| Heritage Place Apartments | Meridian, MS | Multifamily | $11.5M | 4.85% | Aug 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
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.