Retail · Spring, Texas
LA Fitness Spring
LA Fitness Spring is financed with a $5.5M CMBS loan at 4.37% that reaches its anticipated repayment date on October 1, 2029, in 2 years and 11 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $5,472,813
- Original balance (same notes)
- $5,750,000
- Interest rate
- 4.37%
- Originated
- September 6, 2019
- Maturity
- September 1, 2034
- Anticipated repayment date
- October 1, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Amortizing over 30 years
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SGFC
Status
- Payment status
- Not reported
- Special servicing
- Transferred April 1, 2020, returned September 1, 2020
- Workout strategy
- Resolved
- Modified
- Yes, most recently May 1, 2020
- Defeasance
- None reported
The property
- Address
- 3570 Harmony Commons Drive, Spring, TX 77386
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 34,000 sq ft
- Built
- 2019
- Largest tenants
- Fitness International LLC
- Value at securitization
- $9.9M (Sep 2019)
Performance
| At securitization | Latest (Sep 2025) | |
|---|---|---|
| DSCR (NOI) | n/a | 1.95x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 9 months) | n/a | $674K |
| Debt yield | 12.3% |
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-C5 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Modified
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 | $5.5M | Not reported | No | 1.95x | 100% |
| August 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| July 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| June 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| May 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| April 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| March 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| February 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| January 2026 | $5.5M | Not reported | No | 1.95x | 100% |
| December 2025 | $5.5M | Not reported | No | 1.95x | 100% |
| November 2025 | $5.6M | Not reported | No | 1.95x | 100% |
| October 2025 | $5.6M | Not reported | No | 1.95x | 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.
Special-servicing history
- Transferred to the special servicer April 1, 2020, returned to the master servicer September 1, 2020.
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2019-C5 | 48 | $5,472,813 | Sep 2026 | SEC filing, September 29, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Woodlands Mall | The Woodlands, TX | Retail | $247.6M | 4.256% | Aug 2029 | 4.02x | 84% | Current |
| Baybrook Mall | Friendswood, TX | Retail | $205.7M | 6.816% | Aug 2029 | 1.65x | 91% | Current |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Verde Apartments | Houston, TX | Multifamily | $78.0M | 6.79% | Dec 2029 | 1.13x | 81% | Current |
| Marqe Entertainment Center | Houston, TX | Retail | $70.0M | 7.27% | Apr 2029 | 1.61x | 99% | Current |
| Falls Houston Multifamily Portfolio | Houston, TX | Multifamily | $63.3M | 6.944% | Jul 2029 | 1.38x | 89% | With the special servicer and 90+ days delinquent |
| NOV Headquarters | Houston, TX | Office | $39.2M | 4.63% | Apr 2029 | 1.83x | 100% | Current |
All loans maturing in 2029 · All Houston-Pasadena-The Woodlands 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.