Retail · Omaha, Nebraska
L Street Marketplace
L Street Marketplace is financed with a $24.7M CMBS loan at 4.70% that reaches maturity on May 1, 2029, in 2 years and 6 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $24,652,872
- Original balance (same notes)
- $26,500,000
- Interest rate
- 4.70% fixed
- Originated
- April 12, 2019
- Maturity
- May 1, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ended
- June 30, 2021
- Prepayment premium ends
- February 28, 2029 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 12200-12430 K Plaza 12320 L Street, Omaha, NE 68137
- Metro
- Omaha, NE-IA
- Rentable area
- 218,447 sq ft
- Built
- 2008
- Largest tenants
- Golf Galaxy, LLC Store #3161; ROSS DRESS FOR LESS; MICHAELS
- Value at securitization
- $35.9M (Mar 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.59x | 1.61x |
| Occupancy | 91% | 100% |
| Net operating income | $2.6M | $2.7M |
| Debt yield | 10.8% |
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 JPMCC Commercial Mortgage Securities Trust 2019-COR5 filing for the reporting period ending September 9, 2026, filed with the SEC September 23, 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 91% when the loan was securitized to 100%.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.7M | Current | No | 1.61x | 100% |
| August 2026 | $24.7M | Current | No | 1.61x | 100% |
| July 2026 | $24.7M | Current | No | 1.61x | 100% |
| June 2026 | $24.8M | Current | No | 1.61x | 100% |
| May 2026 | $24.8M | Current | No | n/a | n/a |
| April 2026 | $24.8M | Current | No | 1.48x | 87% |
| March 2026 | $24.9M | Current | No | 1.45x | 87% |
| February 2026 | $24.9M | Current | No | 1.45x | 87% |
| January 2026 | $25.0M | Current | No | 1.45x | 87% |
| December 2025 | $25.0M | Current | No | 1.45x | 87% |
| November 2025 | $25.0M | Current | No | 1.44x | 87% |
| October 2025 | $25.1M | Current | No | 1.44x | 87% |
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 11 | $24,652,872 | Sep 2026 | SEC filing, September 23, 2026 |
Other Omaha loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Gallup HQ | Omaha, NE | Office | $71.5M | 7.299% | May 2029 | 2.02x | 100% | Current |
| Hy-Vee Omaha, Omaha (2029 maturity) | Omaha, NE | Retail | $8.3M | 4.37% | Nov 2029 | n/a | n/a | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.