Mixed use · Pikeville, Kentucky
Pikeville Commons
Pikeville Commons is financed with a $9.1M CMBS loan at 4.71% 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
- $9,060,493
- Original balance (same notes)
- $10,900,000
- Interest rate
- 4.71% fixed
- Originated
- August 30, 2019
- Maturity
- September 6, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- July 5, 2029
- Master servicer
- Trimont LLC
- Originator
- LCF
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 111 Justice Way, Pikeville, KY 41501
- Rentable area
- 121,165 sq ft
- Built
- 2014
- Largest tenants
- UNITED STATES POSTAL SERVICE; WILDCAT WAREHOUSE; ONEMAIN FINANCIAL
- Value at securitization
- $15.4M (Jul 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.50x | 1.86x |
| Occupancy | 92% | 97% |
| Net operating income | $1.1M | $1.4M |
| Debt yield | 15.2% |
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 UBS Commercial Mortgage Trust 2019-C17 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
- Occupancy has risen from 92% when the loan was securitized to 97%.
- Net operating income is 24% above the underwritten figure ($1.4M a year against $1.1M).
- Debt service coverage moved from 1.50x at securitization to 1.86x on the latest statements.
- The filing gives Jun 2024 as the lease end date for the largest tenant (UNITED STATES POSTAL SERVICE), 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 | $9.1M | Current | No | 1.86x | 97% |
| August 2026 | $9.1M | Current | No | 1.86x | 97% |
| July 2026 | $9.1M | Current | No | 1.86x | 97% |
| June 2026 | $9.1M | Current | No | 1.86x | 100% |
| May 2026 | $9.2M | Current | No | 1.86x | 100% |
| April 2026 | $9.2M | Current | No | 1.86x | 100% |
| March 2026 | $9.2M | Current | No | 2.16x | 100% |
| February 2026 | $9.2M | Current | No | 2.16x | 100% |
| January 2026 | $9.3M | Current | No | 2.53x | 100% |
| December 2025 | $9.3M | Current | No | 2.53x | 100% |
| November 2025 | $9.3M | Current | No | 2.53x | 100% |
| October 2025 | $9.3M | Current | No | 2.53x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2019-C17 | 32 | $9,060,493 | Sep 2026 | SEC filing, September 28, 2026 |
Other Kentucky loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hamburg Pavilion | Lexington, KY | Retail | $94.5M | 6.84% | Nov 2029 | 1.98x | 94% | Current |
| Lexmark HQ | Lexington, KY | Industrial | $82.5M | 7.44% | Mar 2029 | 2.21x | 100% | Current |
| The Galt House | Louisville, KY | Hotel | $80.6M | 6.75% | Oct 2029 | 3.08x | 56% | Current |
| Westport Distribution Center | Louisville, KY | Industrial | $52.3M | 3.353% | Nov 2029 | n/a | n/a | Current |
| Newport on the Levee | Newport, KY | Mixed use | $41.5M | 8.405% | Dec 2029 | 1.90x | 75% | Current |
| Hilton Garden Inn Bowling Green | Bowling Green, KY | Hotel | $35.5M | 8.05% | Jul 2029 | n/a | n/a | Current |
| Patriot Crossing | Louisville, KY | Multifamily | $29.8M | 6.75% | Sep 2029 | 1.38x | 95% | Current |
| AAA Stow-A-Way Storage - Paducah | Paducah, Kevil, Boaz, KY | Self storage | $28.5M | 6.95% | Sep 2029 | n/a | n/a | Current |
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.