Office · Lehi, Utah
Lone Peak Office
Lone Peak Office is financed with a $22.7M CMBS loan at 5.063% that reaches maturity on April 6, 2029, in 2 years and 5 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $22,668,212
- Original balance (same notes)
- $25,750,000
- Interest rate
- 5.063% fixed
- Originated
- December 21, 2018
- Maturity
- April 6, 2029
- Payments
- Interest only for 27 months, then amortizing
- Prepayment lockout ends
- January 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2901 W. Bluegrass Blvd., Lehi, UT 84043
- Metro
- Provo-Orem-Lehi, UT
- Rentable area
- 123,207 sq ft
- Built
- 2018
- Largest tenants
- Nature Sunshine; Lone Peak (Box Office); Mass Mutual
- Value at securitization
- $34.5M (Oct 2018)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.25x | n/a |
| Occupancy | 89% | n/a |
| Net operating income | $2.3M | n/a |
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.
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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $22.7M | Current | No | n/a | n/a |
| August 2026 | $22.7M | Current | No | n/a | n/a |
| July 2026 | $22.8M | Current | No | n/a | n/a |
| June 2026 | $22.8M | Current | No | n/a | n/a |
| May 2026 | $22.9M | Current | No | n/a | n/a |
| April 2026 | $22.9M | Current | No | 1.61x | 97% |
| March 2026 | $23.0M | Current | No | 1.61x | 97% |
| February 2026 | $23.1M | Late payment but less than 30 days delinquent | No | 1.72x | 100% |
| January 2026 | $23.1M | Current | No | 1.72x | 100% |
| December 2025 | $23.1M | Current | No | 1.72x | 100% |
| November 2025 | $23.2M | Current | No | 1.66x | 100% |
| October 2025 | $23.3M | Current | No | 1.66x | 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.
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 | 12 | $22,668,212 | Sep 2026 | SEC filing, September 23, 2026 |
Other Provo-Orem-Lehi loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Holiday Inn Express - Orem | Orem, UT | Hotel | $6.5M | 5.22% | Jun 2029 | 3.63x | 63% | Current |
| Vasa Fitness Spanish Fork | Spanish Fork, UT | Retail | $5.7M | 4.88% | Jun 2029 | 1.75x | 100% | 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.