Retail · San Ysidro, California
Plaza at the Border
Plaza at the Border is financed with a $16.1M CMBS loan at 4.00% that reaches maturity on August 6, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $16,100,000
- Original balance (same notes)
- $16,100,000
- Interest rate
- 4.00% fixed
- Originated
- July 26, 2019
- Maturity
- August 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 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
- 3951-3975 Camino De La Plaza, San Ysidro, CA 92173
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Rentable area
- 98,032 sq ft
- Built
- 2012
- Largest tenants
- Ross Store#1579; TJ Maxx; Five Below
- Value at securitization
- $26.0M (May 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.82x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $1.8M | n/a |
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
- The filing gives Jan 2028 as the lease end date for the largest tenant (Ross Store#1579), 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 | $16.1M | Current | No | n/a | n/a |
| August 2026 | $16.1M | Current | No | n/a | n/a |
| July 2026 | $16.1M | Current | No | n/a | n/a |
| June 2026 | $16.1M | Current | No | n/a | n/a |
| May 2026 | $16.1M | Current | No | n/a | n/a |
| April 2026 | $16.1M | Current | No | 2.61x | 98% |
| March 2026 | $16.1M | Current | No | 2.61x | 98% |
| February 2026 | $16.1M | Current | No | 2.50x | 95% |
| January 2026 | $16.1M | Current | No | 2.50x | 95% |
| December 2025 | $16.1M | Current | No | 2.50x | 95% |
| November 2025 | $16.1M | Current | No | 2.65x | 95% |
| October 2025 | $16.1M | Current | No | 2.65x | 95% |
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 |
|---|---|---|---|---|
| JPMDB Commercial Mortgage Securities Trust 2019-COR6 | 21 | $16,100,000 | Sep 2026 | SEC filing, September 23, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Sunroad Centrum | San Diego, CA | Office | $82.5M | 7.912% | May 2029 | 1.26x | 100% | Current |
| Highlands Corporate Center | San Diego, CA | Office | $52.0M | 6.80% | Dec 2029 | n/a | n/a | Current |
| Vista Village Shopping Center | Vista, CA | Retail | $44.0M | 4.38% | Apr 2029 | 2.59x | 91% | Current |
| Homewood Suites Mission Valley | San Diego, CA | Hotel | $28.4M | 7.886% | Apr 2029 | 1.17x | 95% | Current |
| Hilton Garden Inn - San Diego Mission Valley Stadium | San Diego, CA | Hotel | $21.1M | 4.65% | Jul 2029 | 1.90x | 85% | Current |
| Holiday Inn - San Diego | San Diego, CA | Hotel | $20.9M | 4.31% | Sep 2029 | 2.19x | n/a | Current |
| Monarch Corporate Center | San Diego, CA | Office | $19.8M | 4.65% | Jan 2029 | 2.05x | 89% | Current |
| Miramar Metroplex | San Diego, CA | Mixed use | $18.9M | 6.818% | Nov 2029 | 1.99x | 75% | Current |
All loans maturing in 2029 · All San Diego-Chula Vista-Carlsbad 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.