Retail · N Miami Beach, Florida
Keystone Plaza
Keystone Plaza is financed with a $15.1M CMBS loan at 3.89% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,147,650
- Original balance (same notes)
- $18,500,000
- Interest rate
- 3.89% fixed
- Originated
- October 16, 2019
- Maturity
- November 6, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 13503-13705 Biscayne Blvd, N Miami Beach, FL 33180
- Metro
- Miami-Fort Lauderdale-West Palm Beach, FL
- Rentable area
- 61,715 sq ft
- Built
- 2002
- Largest tenants
- KPOT Korean BBQ; Unknown; Popular Community Bank
- Value at securitization
- $28.6M (Aug 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.49x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $1.7M | n/a |
Watch flags
Computed from the Benchmark 2019-B14 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 May 2029 as the lease end date for the largest tenant (KPOT Korean BBQ), 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 | $15.1M | Current | No | n/a | n/a |
| August 2026 | $15.2M | Current | No | n/a | n/a |
| July 2026 | $15.2M | Current | No | n/a | n/a |
| June 2026 | $15.3M | Current | No | n/a | n/a |
| May 2026 | $15.3M | Current | No | n/a | n/a |
| April 2026 | $15.4M | Current | No | 1.43x | 92% |
| March 2026 | $15.4M | Current | No | 1.43x | 92% |
| February 2026 | $15.5M | Current | No | 1.43x | 92% |
| January 2026 | $15.5M | Current | No | 1.43x | 92% |
| December 2025 | $15.6M | Current | No | 1.43x | 92% |
| November 2025 | $15.6M | Current | No | 1.43x | 92% |
| October 2025 | $15.7M | Current | No | 1.43x | 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 |
|---|---|---|---|---|
| Benchmark 2019-B14 Mortgage Trust | 31 | $15,147,650 | Sep 2026 | SEC filing, September 28, 2026 |
Other Miami-Fort Lauderdale-West Palm Beach loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Royal Palm Place | Boca Raton, FL | Mixed use | $110.0M | 3.81% | Nov 2029 | 2.98x | 98% | Current |
| Northbridge Centre | West Palm Beach, FL | Office | $96.0M | 6.905% | Sep 2029 | 1.43x | 75% | Current |
| University Pointe | Davie, FL | Multifamily | $85.8M | 6.70% | Jun 2029 | 1.79x | 90% | Current |
| Royal Palm I & II | Plantation, FL | Office | $68.2M | 6.45% | Nov 2029 | 7.80x | 82% | Current |
| The Avenue | Davie, FL | Multifamily | $60.0M | 4.992% | Jan 2029 | 2.47x | 96% | Current |
| The Brazilian Court Hotel | Palm Beach, FL | Hotel | $54.5M | 7.50% | Dec 2029 | 1.57x | 52% | Current |
| One Town Center | Boca Raton, FL | Office | $51.0M | 7.338% | Jul 2029 | 1.19x | 94% | Current |
| West Palm Gardens | West Palm Beach, FL | Multifamily | $50.0M | 6.45% | Oct 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All Miami-Fort Lauderdale-West Palm Beach 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.