Retail · Lewisburg, West Virginia
Jefferson Square
Jefferson Square is financed with a $3.2M CMBS loan at 4.02% that reaches maturity on June 1, 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
- $3,184,331
- Original balance (same notes)
- $3,450,000
- Interest rate
- 4.02% fixed
- Originated
- May 17, 2019
- Maturity
- June 1, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- January 31, 2029
- Master servicer
- Midland
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 250 Piercy Drive, Lewisburg, WV 24901
- Rentable area
- 40,093 sq ft
- Built
- 2000
- Largest tenants
- DOLLAR TREE #1719 (DOLLAR TREE STORES, INC.); SHOE SHOW #833 (SHOE SHOW, INC.); RENT -A -CENTER #02857 (RENT -A -CENTER EAST, INC.)
- Value at securitization
- $4.6M (Apr 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.06x | 2.34x |
| Occupancy | 90% | 100% |
| Net operating income | $419K | $463K |
| Debt yield | 14.5% |
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 Morgan Stanley Capital I Trust 2019-H7 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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
- Occupancy has risen from 90% when the loan was securitized to 100%.
- Net operating income is 10% above the underwritten figure ($463K a year against $419K).
- Debt service coverage moved from 2.06x at securitization to 2.34x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $3.2M | Current | No | 2.34x | 100% |
| August 2026 | $3.2M | Current | No | 2.34x | 100% |
| July 2026 | $3.2M | Current | No | 2.34x | 100% |
| June 2026 | $3.2M | Current | No | n/a | n/a |
| May 2026 | $3.2M | Current | No | n/a | n/a |
| April 2026 | $3.2M | Current | No | 2.39x | 100% |
| March 2026 | $3.2M | Current | No | 2.37x | 100% |
| February 2026 | $3.2M | Current | No | 2.37x | 100% |
| January 2026 | $3.2M | Current | No | 2.37x | 100% |
| December 2025 | $3.2M | Current | No | 2.37x | 100% |
| November 2025 | $3.2M | Current | No | 2.33x | 100% |
| October 2025 | $3.2M | Current | No | 2.33x | 100% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2019-H7 | 35 | $3,184,331 | Sep 2026 | SEC filing, October 2, 2026 |
Other West Virginia loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Shops at Trace Fork | Charleston, WV | Retail | $40.4M | 4.88% | Feb 2029 | 2.33x | 96% | Current |
| Marriott Morgantown Waterfront | Morgantown, WV | Hotel | $23.0M | 4.40% | Jul 2029 | 4.46x | n/a | Current |
| Laidley Tower | Charleston, WV | Office | $17.0M | 3.486% | Dec 2029 | 4.09x | 75% | Current |
| East River Plaza | Princeton, WV | Retail | $6.4M | 3.95% | Jul 2029 | 2.05x | 94% | 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.