Retail · Liberty, Missouri
Liberty Commons
Liberty Commons is financed with a $3.6M CMBS loan at 5.307% that reaches maturity on January 1, 2029, in 2 years and 2 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $3,550,467
- Original balance (same notes)
- $4,050,000
- Interest rate
- 5.307% fixed
- Originated
- December 14, 2018
- Maturity
- January 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- February 28, 2021
- Prepayment premium ends
- October 31, 2028 (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
- 201-213 S. Stewart Road, Liberty, MO 64068
- Metro
- Kansas City, MO-KS
- Rentable area
- 14,874 sq ft
- Built
- 2017
- Largest tenants
- Jose Pepper's Current; HomeGrown Kitchen; Hand & Stone Massage and Facial Spa
- Value at securitization
- $5.7M (Oct 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.53x | 1.65x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $412K | $898K |
| Debt yield | 25.3% |
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 JPMCC Commercial Mortgage Securities Trust 2019-COR4 filing for the reporting period ending October 6, 2026, filed with the SEC October 21, 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
- Net operating income is 118% above the underwritten figure ($898K a year against $412K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.53x at securitization to 1.65x on the latest statements.
- The filing gives Dec 2028 as the lease end date for the largest tenant (Jose Pepper's Current), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $3.6M | Current | No | 1.65x | 100% |
| September 2026 | $3.6M | Current | No | 1.65x | 100% |
| August 2026 | $3.6M | Current | No | n/a | n/a |
| July 2026 | $3.6M | Current | No | n/a | n/a |
| June 2026 | $3.6M | Current | No | n/a | n/a |
| May 2026 | $3.6M | Current | No | n/a | n/a |
| April 2026 | $3.6M | Current | No | 1.57x | 100% |
| March 2026 | $3.6M | Current | No | 1.57x | 100% |
| February 2026 | $3.6M | Current | No | n/a | n/a |
| January 2026 | $3.6M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| December 2025 | $3.6M | Current | No | n/a | n/a |
| November 2025 | $3.6M | Current | No | n/a | n/a |
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-COR4 | 38 | $3,550,467 | Oct 2026 | SEC filing, October 21, 2026 |
Other Kansas City loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Polsinelli Headquarters | Kansas City, MO | Office | $64.1M | 7.828% | Dec 2029 | 1.52x | 100% | Current |
| Southlake Office Park | Lenexa, KS | Office | $57.0M | 5.126% | Feb 2029 | 2.17x | n/a | Current |
| Magnolia Parc | Overland Park, KS | Multifamily | $30.0M | 4.616% | Nov 2029 | 1.10x | 93% | Current |
| Oak Park Commons | Lenexa, KS | Retail | $27.0M | 6.774% | Jan 2029 | 2.28x | 96% | Current |
| Truman's Marketplace | Grandview, MO | Retail | $20.2M | 5.00% | Jan 2029 | n/a | n/a | Current |
| Century Towers | Kansas City, MO | Mixed use | $20.0M | 5.42% | Mar 2029 | 1.62x | 88% | Current |
| Executive Centre I II III | Overland Park, KS | Office | $15.6M | 3.71% | Sep 2029 | 1.96x | 66% | Current |
| Crown Heights | Gladstone, MO | Multifamily | $13.5M | 3.40% | Nov 2029 | 3.61x | 95% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.