Retail · Jonesboro, Georgia
Lovejoy Village
Lovejoy Village is financed with a $6.0M CMBS loan at 5.00% that reaches maturity on March 1, 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
- $5,992,957
- Original balance (same notes)
- $6,843,750
- Interest rate
- 5.00% fixed
- Originated
- February 14, 2019
- Maturity
- March 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 30, 2028
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10345-10375 U.s. Highway 41 and 10345-10375 Tara Blvd, Jonesboro, GA 30236
- Metro
- Atlanta-Sandy Springs-Roswell, GA
- Rentable area
- 86,755 sq ft
- Built
- 2001
- Largest tenants
- Kroger; Workout Anytime; Chan & Bay Nails Spa LLC
- Value at securitization
- $10.1M (Oct 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.84x | 1.95x |
| Occupancy | 98% | 96% |
| Net operating income (annualized from 6 months) | $811K | $867K |
| Debt yield | 14.5% |
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 BANK 2019-BNK17 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
- Largest tenant's lease ends within 12 months
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 7% above the underwritten figure ($867K a year against $811K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.84x at securitization to 1.95x on the latest statements.
- The filing gives Apr 2027 as the lease end date for the largest tenant (Kroger), 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 | $6.0M | Current | No | 1.95x | 96% |
| August 2026 | $6.0M | Current | No | 1.95x | 96% |
| July 2026 | $6.0M | Current | No | 1.76x | 100% |
| June 2026 | $6.0M | Current | No | 1.76x | 100% |
| May 2026 | $6.0M | Current | No | 1.76x | 100% |
| April 2026 | $6.0M | Current | No | 1.58x | 96% |
| March 2026 | $6.1M | Current | No | 1.58x | 96% |
| February 2026 | $6.1M | Current | No | 1.58x | 96% |
| January 2026 | $6.1M | Current | No | 1.66x | 96% |
| December 2025 | $6.1M | Current | No | 1.66x | 96% |
| November 2025 | $6.1M | Current | No | 1.66x | 96% |
| October 2025 | $6.1M | Current | No | 2.38x | 96% |
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 |
|---|---|---|---|---|
| BANK 2019-BNK17 | 31 | $5,992,957 | Sep 2026 | SEC filing, October 1, 2026 |
Other Atlanta-Sandy Springs-Roswell loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Colony Square | Atlanta, GA | Mixed use | $260.0M | 7.375% | Oct 2029 | n/a | n/a | Current |
| Embassy Suites At Centennial Olympic Park | Atlanta, GA | Hotel | $73.0M | 4.59% | Jul 2029 | 1.89x | 74% | Current |
| 1198 Woodland Avenue NE | Atlanta, GA | Multifamily | $66.5M | 6.348% | Aug 2029 | n/a | n/a | Current |
| Wildwood Center | Atlanta, GA | Office | $65.0M | 7.98% | Mar 2029 | 1.45x | 81% | Current |
| Sugarloaf Mills | Lawrenceville, GA | Retail | $62.8M | 8.017% | May 2029 | 3.05x | 87% | Current |
| Westin Atlanta Airport | Atlanta, GA | Hotel | $52.6M | 4.62% | Apr 2029 | n/a | n/a | Current |
| AVR Renaissance Atlanta Airport Gateway Hotel | Atlanta, GA | Hotel | $48.0M | 3.65% | Dec 2029 | n/a | n/a | Current |
| Eleven Seventeen Perimeter | Atlanta, GA | Office | $44.0M | 4.18% | Jul 2029 | 0.59x | 41% | Late, less than 30 days |
All loans maturing in 2029 · All Atlanta-Sandy Springs-Roswell 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.