Retail · Naples, Florida
Plaza at Santa Barbara
Plaza at Santa Barbara is financed with a $8.0M CMBS loan at 4.10% that reaches maturity on December 1, 2029, in 3 years and 1 month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,956,313
- Original balance (same notes)
- $8,200,000
- Interest rate
- 4.10% fixed
- Originated
- November 4, 2019
- Maturity
- December 1, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- December 31, 2021
- Originator
- CIBC Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5555 Golden Gate Parkway, Naples, FL 34116
- Rentable area
- 54,674 sq ft
- Built
- 1985, renovated 2011
- Largest tenants
- CVS 5041 FL, LLC; The R's Diner, Inc. d/b/a/ La Sierra Rest; George Almeho
- Value at securitization
- $13.3M (May 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.95x | n/a |
| Occupancy | 91% | n/a |
| Net operating income | $926K | n/a |
Watch flags
Computed from the CSAIL 2019-C18 Commercial Mortgage Trust 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $8.0M | Current | No | n/a | n/a |
| August 2026 | $8.0M | Current | No | n/a | n/a |
| July 2026 | $8.0M | Current | No | n/a | n/a |
| June 2026 | $8.0M | Current | No | n/a | n/a |
| May 2026 | $8.0M | Current | No | n/a | n/a |
| April 2026 | $9.1M | Current | No | 1.72x | 97% |
| March 2026 | $8.0M | Current | No | n/a | n/a |
| February 2026 | $8.0M | Current | No | n/a | n/a |
| January 2026 | $8.1M | Current | No | n/a | n/a |
| December 2025 | $8.1M | Current | No | n/a | n/a |
| November 2025 | $8.1M | Current | No | n/a | n/a |
| October 2025 | $8.1M | 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 |
|---|---|---|---|---|
| CSAIL 2019-C18 Commercial Mortgage Trust | 30 | $7,956,313 | Sep 2026 | SEC filing, September 28, 2026 |
Other Florida loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Naples Retail Center / Pelican Larry'S Plaza | Naples, FL | Retail | $3.5M | 5.675% | Apr 2029 | n/a | n/a | Current |
| Cool Storage | Marco Island, FL | Self storage | $1.8M | 4.72% | May 2029 | 2.82x | 85% | 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.