Multifamily · Kingsville, Texas
Legends at Kingsville
Legends at Kingsville is financed with a $12.7M CMBS loan at 5.00% 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 with the special servicer and 90+ days delinquent.
The loan
- Balance in tracked trusts
- $12,704,268
- Original balance (same notes)
- $13,750,000
- Interest rate
- 5.00% fixed
- Originated
- May 1, 2019
- Maturity
- May 1, 2029
- Payments
- Amortizing over 30 years
- 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
- 90+ days delinquent (code 3)
- Special servicing
- Transferred October 28, 2022
- Workout strategy
- TBD
- Defeasance
- Partly defeased
The property
- Address
- 1332 West King Avenue, Kingsville, TX 78363
- Units, rooms or beds
- 288
- Built
- 2016
- Value at securitization
- $18.8M (Feb 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.43x | 1.20x |
| Occupancy | 91% | 90% |
| Net operating income (annualized from 6 months) | $1.3M | $2.1M |
| Debt yield | 16.8% |
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.
- With the special servicer
- 30+ days delinquent or matured unpaid
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
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
- Net operating income is 69% above the underwritten figure ($2.1M a year against $1.3M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.43x at securitization to 1.20x on the latest statements.
- The most recent valuation in the filing is $14.7M (October 9, 2025), against $18.8M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.7M | 90+ days delinquent | Yes | 1.20x | 90% |
| August 2026 | $12.7M | 90+ days delinquent | Yes | 1.20x | 90% |
| July 2026 | $12.7M | 90+ days delinquent | Yes | n/a | n/a |
| June 2026 | $12.7M | 90+ days delinquent | Yes | n/a | n/a |
| May 2026 | $12.7M | 90+ days delinquent | Yes | n/a | n/a |
| April 2026 | $12.7M | 90+ days delinquent | Yes | 1.04x | 92% |
| March 2026 | $12.7M | 90+ days delinquent | Yes | 1.04x | 92% |
| February 2026 | $12.7M | 90+ days delinquent | Yes | 0.54x | 91% |
| January 2026 | $12.7M | 90+ days delinquent | Yes | 0.54x | 91% |
| December 2025 | $12.7M | 90+ days delinquent | Yes | 0.65x | 64% |
| November 2025 | $12.7M | 90+ days delinquent | Yes | 0.65x | 64% |
| October 2025 | $12.7M | 90+ days delinquent | Yes | 0.65x | 64% |
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 October 28, 2022, still there.
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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 17 | $12,704,268 | Sep 2026 | SEC filing, September 23, 2026 |
Other Texas loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Stonebriar Centre | Frisco, TX | Retail | $255.0M | 6.999% | Jul 2029 | 2.44x | 93% | Current |
| 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 |
| Legacy Corporate Centre I & II | Plano, TX | Office | $167.4M | 3.37% | Aug 2029 | n/a | n/a | Current |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| USRA Marathon Oil Building | San Antonio, TX | Office | $110.0M | 3.65% | Sep 2029 | 2.06x | 100% | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Renaissance Plano | Plano, TX | Hotel | $78.4M | 4.45% | Jul 2029 | 2.90x | 68% | 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.