Retail · Cypress, Texas
Louetta Shopping Center
Louetta Shopping Center is financed with a $2.9M CMBS loan at 4.805% that reaches maturity on March 6, 2029, in 2 years and 4 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $2,893,743
- Original balance (same notes)
- $3,320,000
- Interest rate
- 4.805% fixed
- Originated
- February 21, 2019
- Maturity
- March 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- April 5, 2021
- Prepayment premium ends
- September 5, 2028 (yield maintenance)
- Master servicer
- Midland Loan Services
- Originator
- RMF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 13040,13044 & 13050 Louetta Road, Cypress, TX 77429
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 26,400 sq ft
- Built
- 1998
- Largest tenants
- Pinch A Penny; Cinttyas Chemistry; Chiropractic Office
- Value at securitization
- $7.0M (Jan 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.31x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $484K | n/a |
Watch flags
Computed from the UBS Commercial Mortgage Trust 2019-C16 filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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
- The filing gives Jan 2028 as the lease end date for the largest tenant (Pinch A Penny), 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 | $2.9M | Current | No | n/a | n/a |
| August 2026 | $2.9M | Current | No | n/a | n/a |
| July 2026 | $2.9M | Current | No | n/a | n/a |
| June 2026 | $2.9M | Current | No | n/a | n/a |
| May 2026 | $2.9M | Current | No | n/a | n/a |
| April 2026 | $2.9M | Current | No | 2.12x | 75% |
| March 2026 | $2.9M | Current | No | 2.12x | 75% |
| February 2026 | $2.9M | Current | No | 2.11x | 75% |
| January 2026 | $2.9M | Current | No | 2.11x | 75% |
| December 2025 | $2.9M | Current | No | 2.11x | 75% |
| November 2025 | $2.9M | Current | No | 2.11x | 75% |
| October 2025 | $3.0M | Current | No | 2.20x | 75% |
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 |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2019-C16 | 50 | $2,893,743 | Sep 2026 | SEC filing, September 28, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Verde Apartments | Houston, TX | Multifamily | $78.0M | 6.79% | Dec 2029 | 1.13x | 81% | Current |
| Marqe Entertainment Center | Houston, TX | Retail | $70.0M | 7.27% | Apr 2029 | 1.61x | 99% | Current |
| Falls Houston Multifamily Portfolio | Houston, TX | Multifamily | $63.3M | 6.944% | Jul 2029 | 1.38x | 89% | With the special servicer and 90+ days delinquent |
| NOV Headquarters | Houston, TX | Office | $39.2M | 4.63% | Apr 2029 | 1.83x | 100% | Current |
All loans maturing in 2029 · All Houston-Pasadena-The Woodlands 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.