Mixed use · Houston, Texas
North Loop Commons
North Loop Commons is financed with a $4.5M CMBS loan at 4.31% that reaches maturity on October 6, 2029, in 2 years and 11 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $4,450,000
- Original balance (same notes)
- $4,450,000
- Interest rate
- 4.31% fixed
- Originated
- September 27, 2019
- Maturity
- October 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 300 North Loop, Houston, TX 77008
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 11,220 sq ft
- Built
- 2016
- Largest tenants
- MH Sports Medicine & R300; MH Urgent Care Center; Studio 7 LLC, TLS
- Value at securitization
- $6.9M (Sep 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.02x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $393K | n/a |
Watch flags
Computed from the GS Mortgage Securities Trust 2019-GSA1 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 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
- The filing gives Mar 2027 as the lease end date for the largest tenant (MH Sports Medicine & R300), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $4.5M | Current | No | n/a | n/a |
| September 2026 | $4.5M | Current | No | n/a | n/a |
| August 2026 | $4.5M | Current | No | n/a | n/a |
| July 2026 | $4.5M | Current | No | n/a | n/a |
| June 2026 | $4.5M | Current | No | n/a | n/a |
| May 2026 | $4.5M | Current | No | n/a | n/a |
| April 2026 | $4.5M | Current | No | 1.35x | 100% |
| March 2026 | $4.5M | Current | No | 1.35x | 100% |
| February 2026 | $4.5M | Current | No | 1.35x | 100% |
| January 2026 | $4.5M | Current | No | 1.35x | 100% |
| December 2025 | $4.5M | Current | No | n/a | n/a |
| November 2025 | $4.5M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GSA1 | 43 | $4,450,000 | Oct 2026 | SEC filing, October 22, 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 October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.