Self storage portfolio, 32 properties · Flowood, Mississippi

Life Storage - 586

Public CMBS trusts hold $70.7M of the loan on this portfolio at 3.809% that reaches maturity on August 1, 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
$70,655,193
Original balance (same notes)
$76,505,000
Interest rate
3.809%
Originated
July 2, 2019
Maturity
August 1, 2029
Payments
Amortizing over 30 years
Master servicer
KeyBank Real Estate Capital
Originator
KeyBank

Status

Payment status
Not reported
Special servicing
No transfer reported
Defeasance
Partly defeased

The property

Address
5491 Plaza Drive, Flowood, MS 39232
Metro
Jackson, MS
Value at securitization
$212.1M

Performance

Underwritten figures against the most recent reported figures
At securitizationLatest
DSCR (NOI)n/an/a
Occupancyn/an/a
Net operating incomen/a$12.4M
Debt yield17.6%

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.

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.

Properties securing the loan

PropertyLocationTypeOccupancyDSCR
Life Storage - 586Flowood, MSSelf Storage58%1.60x
Life Storage - 145Richardson, TXSelf Storage71%n/a
Life Storage - 364Ridgeland, MSSelf Storage63%n/a
Life Storage - 365Jackson, MSSelf Storage61%n/a
Life Storage - 212Lafayette, LASelf Storage74%n/a
Life Storage - 386Pasadena, TXSelf Storage74%n/a
Life Storage - 256League City, TXSelf Storage81%n/a
Life Storage - 206Katy, TXSelf Storage90%n/a
Life Storage - 324Lafayette, LASelf Storage83%n/a
Life Storage - 236Columbia, SCSelf Storage66%n/a
Life Storage - 184Jackson, MSSelf Storage54%n/a
Life Storage - 500Columbia, SCSelf Storage90%n/a
Life Storage - 288Pinehurst, TXSelf Storage85%n/a
Life Storage - 299Broussard, LASelf Storage62%n/a
Life Storage - 209Lafayette, LASelf Storage77%n/a
Life Storage - 035Columbia, SCSelf Storage69%n/a
Life Storage - 074Jackson, MSSelf Storage64%n/a
Life Storage - 252Dallas, TXSelf Storage65%n/a
Life Storage - 033Columbia, SCSelf Storage73%n/a
Life Storage - 205Jackson, MSSelf Storage76%n/a
Life Storage - 300Lafayette, LASelf Storage72%n/a
Life Storage - 026Greensboro, NCSelf Storage69%n/a
Life Storage - 361Hattiesburg, MSSelf Storage81%n/a
Life Storage - 165Greensboro, NCSelf Storage62%n/a
Life Storage - 208Lafayette, LASelf Storage77%n/a
Life Storage - 211Lafayette, LASelf Storage75%n/a
Life Storage - 021Columbia, SCSelf Storage70%n/a
Life Storage - 298Lafayette, LASelf Storage71%n/a
Life Storage - 297Scott, LASelf Storage80%n/a
Life Storage - 153Greensboro, NCSelf Storage76%n/a
Life Storage - 075Jackson, MSSelf Storage70%n/a
Life Storage - 152Greensboro, NCSelf Storage69%n/a

The last 12 monthly reports

Report monthBalancePayment statusSpecial servicerDSCROccupancy
September 2026$70.7MNot reportedNo1.60x58%
August 2026$70.8MNot reportedNo1.60x57%
July 2026$70.9MNot reportedNo1.60x57%
June 2026$71.0MNot reportedNo1.60x57%
May 2026$71.2MNot reportedNo1.60x57%
April 2026$71.3MNot reportedNo1.63x58%
March 2026$71.4MNot reportedNo1.63x59%
February 2026$71.6MNot reportedNo1.63x59%
January 2026$71.7MNot reportedNo1.63x59%
December 2025$71.8MNot reportedNo1.65x73%
November 2025$71.9MNot reportedNo1.65x59%
October 2025$72.0MNot reportedNo1.70x59%

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

The loan is split into 3 notes held by different trusts. Each trust reports its own piece.

Alert me when this loan changes

One email after any monthly filing that changes this loan: a move to or from the special servicer, a payment status of 30+ days late or matured, a paydown of 1% or more, or coverage moving 0.15x or occupancy 5 points. Privacy

Other Jackson loans due in 2029

Property Location Type Balance Rate Matures DSCR Occ. Status
Highland Hills Apartments Jackson, MS Multifamily $27.1M 5.591% Jan 2029 -0.58x 45% With the special servicer and 90+ days delinquent
Forum at Grandview Madison, MS Retail $22.6M 4.60% Sep 2029 n/a n/a Current
Hilton Garden Inn Flowood Flowood, MS Hotel $10.5M 5.25% Jan 2029 1.32x 66% Current
Entergy Building Jackson, MS Office $10.1M 5.05% Apr 2029 2.81x 100% Current

All loans maturing in 2029 · All Jackson 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.