Retail · Winter Park, Florida
Lake Howell Plaza
Lake Howell Plaza is financed with a $4.1M CMBS loan at 3.96% that reaches maturity on August 6, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,100,000
- Original balance (same notes)
- $4,100,000
- Interest rate
- 3.96% fixed
- Originated
- July 12, 2019
- Maturity
- August 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Wells Fargo Bank, NA
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5401-5477 Lake Howell Road, Winter Park, FL 32792
- Metro
- Orlando-Kissimmee-Sanford, FL
- Rentable area
- 82,389 sq ft
- Built
- 1981
- Largest tenants
- Dolgencorp Inc.; Monkey Joe's; Orlando Swim School LLC
- Value at securitization
- $8.4M (Jun 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 3.54x | 5.08x |
| Occupancy | 90% | 97% |
| Net operating income (annualized from 6 months) | $582K | $841K |
| Debt yield | 20.5% |
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 BBCMS Mortgage Trust 2019-C4 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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 97%.
- Net operating income is 44% above the underwritten figure ($841K a year against $582K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 3.54x at securitization to 5.08x on the latest statements.
- The filing gives Jun 2028 as the lease end date for the largest tenant (Dolgencorp Inc.), 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 | $4.1M | Current | No | 5.08x | 97% |
| August 2026 | $4.1M | Current | No | 5.08x | 97% |
| July 2026 | $4.1M | Current | No | 5.08x | 97% |
| June 2026 | $4.1M | Current | No | 3.79x | 97% |
| May 2026 | $4.1M | Current | No | 3.79x | 97% |
| April 2026 | $4.1M | Current | No | 3.79x | 97% |
| March 2026 | $4.1M | Current | No | 2.16x | 97% |
| February 2026 | $4.1M | Current | No | 2.16x | 97% |
| January 2026 | $4.1M | Current | No | 3.71x | 97% |
| December 2025 | $4.1M | Current | No | 3.71x | 97% |
| November 2025 | $4.1M | Current | No | 3.71x | 97% |
| October 2025 | $4.1M | Current | No | 3.93x | 97% |
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 | 60 | $4,100,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Orlando-Kissimmee-Sanford loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Waterford Lakes Town Center | Orlando, FL | Retail | $118.1M | 4.86% | May 2029 | 1.90x | 92% | Current |
| Darden HQ | Orlando, FL | Office | $110.0M | 4.77% | Jan 2029 | 1.80x | 100% | Current |
| Marriott Downtown Orlando | Orlando, FL | Hotel | $34.3M | 4.118% | Jul 2029 | 2.15x | 62% | Current |
| The Wymore 360 | Altamonte Springs, FL | Multifamily | $33.0M | 6.839% | Nov 2029 | 0.67x | 90% | With the special servicer and 30-59 days delinquent |
| Celebration Suites | Kissimmee, FL | Hotel | $25.5M | 4.15% | Oct 2029 | n/a | n/a | Current |
| Doubletree - Orlando East | Orlando, FL | Hotel | $22.2M | 4.15% | Aug 2029 | 1.59x | 65% | Current |
| Southchase Village | Orlando, FL | Retail | $16.5M | 3.78% | Sep 2029 | 3.49x | 95% | Current |
| Orlando Terrace | Orlando, FL | Multifamily | $14.9M | 6.36% | Jun 2029 | 1.26x | 86% | Late, less than 30 days |
All loans maturing in 2029 · All Orlando-Kissimmee-Sanford 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.