Retail portfolio, 3 properties · South Carolina
Krea Portfolio
This portfolio is financed with a $4.5M CMBS loan at 5.97% that reaches maturity on June 6, 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
- $4,506,273
- Original balance (same notes)
- $5,300,000
- Interest rate
- 5.97% fixed
- Originated
- June 3, 2019
- Maturity
- June 6, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- January 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- UBS AG
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Value at securitization
- $9.1M (Feb 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.84x | 1.67x |
| Occupancy | 80% | 49% |
| Net operating income | $750K | $682K |
| Debt yield | 15.1% |
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 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 80% when the loan was securitized to 49%.
- Net operating income is 9% below the underwritten figure ($682K a year against $750K).
- Debt service coverage moved from 1.84x at securitization to 1.67x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.5M | Current | No | 1.67x | 49% |
| August 2026 | $4.5M | Current | No | 1.67x | 49% |
| July 2026 | $4.5M | Current | No | 1.81x | 42% |
| June 2026 | $4.5M | Current | No | 1.81x | 42% |
| May 2026 | $4.6M | Current | No | 1.81x | 42% |
| April 2026 | $4.6M | Current | No | 0.92x | 37% |
| March 2026 | $4.6M | Current | No | 0.92x | 37% |
| February 2026 | $4.6M | Current | No | 0.92x | 37% |
| January 2026 | $4.6M | Current | No | 1.38x | 67% |
| December 2025 | $4.6M | Current | No | 1.38x | 67% |
| November 2025 | $4.6M | Current | No | 1.38x | 67% |
| October 2025 | $4.6M | Late payment but less than 30 days delinquent | No | 1.38x | 67% |
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 | 56 | $4,506,273 | Sep 2026 | SEC filing, September 29, 2026 |
Other South Carolina loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 6400 Augusta Road | Greenville, SC | Industrial | $35.0M | 4.38% | Sep 2029 | n/a | n/a | Current |
| Mosby Poinsett | Greenville, SC | Multifamily | $29.9M | 3.825% | Oct 2029 | 2.60x | 93% | Current |
| Crowne Plaza North Augusta | North Augusta, SC | Hotel | $29.0M | 7.797% | Dec 2029 | 2.20x | 67% | Current |
| The Abner Apartments | Spartanburg, SC | Multifamily | $26.5M | 6.35% | Oct 2029 | n/a | n/a | Late, less than 30 days |
| Compucom World Headquarters | Fort Mill, SC | Office | $23.5M | 5.06% | Jan 2029 | 1.79x | 100% | Current |
| 8571 Rivers Ave | North Charleston, SC | Office | $21.3M | 4.05% | Nov 2029 | n/a | n/a | Current |
| Oakbrook Station | Summerville, SC | Retail | $18.6M | 6.60% | Jan 2029 | 1.21x | 100% | Current |
| 901 Triple Oak | Greer, SC | Multifamily | $14.5M | 3.684% | Nov 2029 | 2.69x | 95% | 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.