Multifamily · Memphis, Tennessee
Jamesbridge Apartments
Jamesbridge Apartments is financed with a $14.3M CMBS loan at 4.65% that reaches maturity on September 5, 2029, in 2 years and 10 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
- $14,271,402
- Original balance (same notes)
- $15,000,000
- Interest rate
- 4.65% fixed
- Originated
- July 10, 2019
- Maturity
- September 5, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- August 4, 2022
- Originator
- Grass River Real Estate Credit Partners Loan Funding, LLC
Status
- Payment status
- 90+ days delinquent (code 3)
- Special servicing
- Transferred December 8, 2025
- Workout strategy
- Other
- Defeasance
- None reported
The property
- Address
- 3815 Advantage Way Drive 3689 James Road, Memphis, TN 38128
- Metro
- Memphis, TN-MS-AR
- Units, rooms or beds
- 414
- Built
- 1986, renovated 2000
- Value at securitization
- $20.4M (May 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.50x | n/a |
| Occupancy | 97% | n/a |
| Net operating income | $1.4M | n/a |
Watch flags
Computed from the CSAIL 2019-C17 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $14.3M | 90+ days delinquent | Yes | n/a | n/a |
| August 2026 | $14.3M | 90+ days delinquent | Yes | n/a | n/a |
| July 2026 | $14.3M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $14.3M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $14.3M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $14.3M | 90+ days delinquent | Yes | 1.51x | 60% |
| March 2026 | $14.3M | 90+ days delinquent | Yes | 1.51x | 60% |
| February 2026 | $14.3M | 90+ days delinquent | Yes | 1.51x | 60% |
| January 2026 | $14.3M | 90+ days delinquent | Yes | 1.51x | 60% |
| December 2025 | $14.3M | 60-89 days delinquent | No | n/a | n/a |
| November 2025 | $14.3M | 30-59 days delinquent | No | n/a | n/a |
| October 2025 | $14.3M | 30-59 days delinquent | No | n/a | 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 December 8, 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 |
|---|---|---|---|---|
| CSAIL 2019-C17 Commercial Mortgage Trust | 22 | $14,271,402 | Sep 2026 | SEC filing, September 28, 2026 |
Other Memphis loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 8400 Winchester | Memphis, TN | Industrial | $27.0M | 7.376% | Aug 2029 | 1.73x | 100% | Current |
| Appling Farms Corporate Park | Memphis, TN | Industrial | $24.2M | 7.05% | Jan 2029 | 1.95x | 99% | Current |
| Country View Apartments | Memphis, TN | Multifamily | $21.5M | 6.71% | Apr 2029 | 1.05x | 54% | Current |
| Homewood Suites Southaven | Southaven, MS | Hotel | $17.6M | 7.765% | Dec 2029 | 1.50x | 94% | Current |
| Ventura Apartments | Memphis, TN | Multifamily | $13.7M | 7.119% | Sep 2029 | 1.25x | 93% | Late, less than 30 days |
| Olive Branch Commons | Olive Branch, MS | Retail | $12.2M | 5.33% | May 2029 | n/a | n/a | Current |
| Quail Hollow | Memphis, TN | Office | $10.5M | 4.90% | Jun 2029 | n/a | n/a | Current |
| Number 10 Main Apartments | Memphis, TN | Multifamily | $8.0M | 4.91% | Nov 2029 | 0.99x | 79% | Current |
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.