Office · Houston, Texas
NOV Headquarters
Public CMBS trusts hold $39.2M of the loan on NOV Headquarters at 4.63% 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
- $39,200,000
- Original balance (same notes)
- $39,200,000
- Interest rate
- 4.63% fixed
- Originated
- March 29, 2019
- Maturity
- April 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- February 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
- 7909 Parkwood Circle 9720 & 9724 Beechnut Street, Houston, TX 77036
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 337,019 sq ft
- Built
- 1982, renovated 2009
- Largest tenants
- National OilWell Varco Inc
- Value at securitization
- $57.0M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.74x | 1.83x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $3.2M | $6.8M |
| Debt yield | 17.3% |
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 JPMDB Commercial Mortgage Securities Trust 2019-COR6 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.
What the filing shows
- Net operating income is 111% above the underwritten figure ($6.8M a year against $3.2M; the latest statement covers 6 months, annualized).
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $39.2M | Current | No | 1.83x | 100% |
| August 2026 | $39.2M | Current | No | 1.83x | 100% |
| July 2026 | $39.2M | Current | No | n/a | n/a |
| June 2026 | $39.2M | Current | No | n/a | n/a |
| May 2026 | $39.2M | Current | No | n/a | n/a |
| April 2026 | $39.2M | Current | No | 1.83x | 100% |
| March 2026 | $39.2M | Current | No | 1.83x | 100% |
| February 2026 | $39.2M | Current | No | 1.83x | 100% |
| January 2026 | $39.2M | Current | No | 1.83x | 100% |
| December 2025 | $39.2M | Current | No | 1.83x | 100% |
| November 2025 | $39.2M | Current | No | 1.83x | 100% |
| October 2025 | $39.2M | Current | No | 1.83x | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR5 | 14 | $20,000,000 | Sep 2026 | SEC filing, September 23, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2020-COR7 | 25 | $10,000,000 | Sep 2026 | SEC filing, September 23, 2026 |
| JPMDB Commercial Mortgage Securities Trust 2019-COR6 | 26 | $9,200,000 | Sep 2026 | SEC filing, September 23, 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 |
| 8 West Centre | Houston, TX | Office | $38.3M | 3.888% | Nov 2029 | 1.43x | 85% | 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 9, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.