Retail · Whitehall, Pennsylvania
Mac Commons
Mac Commons is financed with a $48.0M CMBS loan at 4.02% that reaches maturity on September 6, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $47,983,494
- Original balance (same notes)
- $53,450,000
- Interest rate
- 4.02% fixed
- Originated
- September 5, 2019
- Maturity
- September 6, 2029
- Payments
- Interest only for 18 months, then amortizing
- Prepayment lockout ends
- June 5, 2029
- Master servicer
- Midland
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred March 26, 2020, returned April 13, 2020
- Workout strategy
- Resolved
- Defeasance
- None reported
The property
- Address
- 2631 MacArthur Road, Whitehall, PA 18052
- Metro
- Allentown-Bethlehem-Easton, PA-NJ
- Rentable area
- 361,771 sq ft
- Built
- 1952, renovated 2019
- Largest tenants
- Giant Food Stores, LLC LLC #6335; Burlington Coat Factory Warehouse Corporation; Dick's Sporting Goods, Inc Inc
- Value at securitization
- $73.5M (Jul 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.52x | 1.58x |
| Occupancy | 96% | 90% |
| Net operating income (annualized from 6 months) | $4.7M | $9.8M |
| Debt yield | 20.3% |
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 Benchmark 2019-B13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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
- Occupancy has fallen from 96% when the loan was securitized to 90%.
- Net operating income is 109% above the underwritten figure ($9.8M a year against $4.7M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $48.0M | Current | No | 1.58x | 90% |
| August 2026 | $48.1M | Current | No | 1.49x | 90% |
| July 2026 | $48.2M | Current | No | 1.49x | 90% |
| June 2026 | $48.3M | Current | No | n/a | n/a |
| May 2026 | $48.3M | Current | No | n/a | n/a |
| April 2026 | $48.4M | Current | No | 1.57x | 87% |
| March 2026 | $48.5M | Current | No | 1.57x | 87% |
| February 2026 | $48.6M | Current | No | 1.57x | 87% |
| January 2026 | $48.7M | Current | No | 1.60x | 87% |
| December 2025 | $48.8M | Current | No | 1.60x | 87% |
| November 2025 | $48.9M | Current | No | 1.59x | 100% |
| October 2025 | $49.0M | Current | No | 1.59x | 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.
Special-servicing history
- Transferred to the special servicer March 26, 2020, returned to the master servicer April 13, 2020.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Benchmark 2019-B13 Mortgage Trust | 2 | $47,983,494 | Sep 2026 | SEC filing, October 1, 2026 |
Other Allentown-Bethlehem-Easton loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Wind Creek Casino & Resort | Bethlehem, PA | Other | $132.7M | 4.38% | Aug 2029 | n/a | n/a | Current |
| The Hills at Lehigh Valley | Bethlehem, PA | Multifamily | $44.5M | 6.253% | Aug 2029 | n/a | n/a | Current |
| Horizons At The Village At Whitehall | Whitehall, PA | Multifamily | $22.4M | 6.15% | Aug 2029 | 1.50x | 99% | Current |
| The Commodore, Easton | Easton, PA | Multifamily | $17.5M | 6.74% | Oct 2029 | 1.19x | 84% | Late, less than 30 days |
| Lehigh Student Housing Portfolio | Bethlehem, PA | Multifamily | $15.0M | 4.75% | Aug 2029 | 1.36x | 100% | Current |
| 1525 Valley Center Parkway | Bethlehem, PA | Office | $12.0M | 7.55% | Jan 2029 | n/a | n/a | Current |
| Lehigh Valley Medical Office Building | Macungie, PA | Office | $7.1M | 4.19% | Sep 2029 | 2.85x | 100% | Current |
| Saucon Valley Crossing | Center Valley, PA | Manufactured housing | $6.7M | 6.30% | Aug 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All Allentown-Bethlehem-Easton 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.