Retail · Plano, Texas
Polo Towne Crossing Sc
Public CMBS trusts hold $29.2M of the loan on Polo Towne Crossing Sc at 4.40% that reaches maturity on July 1, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $29,191,327
- Original balance (same notes)
- $30,250,000
- Interest rate
- 4.40% fixed
- Originated
- June 7, 2019
- Maturity
- July 1, 2029
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- June 30, 2021
- Prepayment premium ends
- September 30, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 2100, 2108 and 2208 Dallas Parkway, Plano, TX 75093
- Metro
- Dallas-Fort Worth-Arlington, TX
- Rentable area
- 82,965 sq ft
- Built
- 1999
- Largest tenants
- Lasik Plus; Spectrum Gulf Coast LLC; BURN BOOTCAMP
- Value at securitization
- $45.9M (Apr 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.50x | 1.60x |
| Occupancy | 94% | 96% |
| Net operating income (annualized from 6 months) | $2.7M | $2.9M |
| Debt yield | 10.0% |
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 BANK 2019-BNK20 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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 7% above the underwritten figure ($2.9M a year against $2.7M; the latest statement covers 6 months, annualized).
- The filing gives Nov 2028 as the lease end date for the largest tenant (Lasik Plus), 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 | $29.2M | Current | No | 1.60x | 96% |
| August 2026 | $29.2M | Current | No | 1.60x | 96% |
| July 2026 | $29.3M | Current | No | 1.50x | 97% |
| June 2026 | $29.3M | Current | No | 1.50x | 97% |
| May 2026 | $29.4M | Current | No | 1.50x | 97% |
| April 2026 | $29.4M | Current | No | 1.49x | 94% |
| March 2026 | $29.4M | Current | No | 1.49x | 94% |
| February 2026 | $29.5M | Current | No | 1.47x | 94% |
| January 2026 | $29.5M | Current | No | 1.47x | 95% |
| December 2025 | $29.6M | Current | No | 1.47x | 95% |
| November 2025 | $29.6M | Current | No | 1.47x | 95% |
| October 2025 | $29.7M | Current | No | 1.42x | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2019-BNK19 | 22 | $13,751,287 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2019-BNK20 | 23 | $9,650,026 | Sep 2026 | SEC filing, October 1, 2026 |
| BANK 2019-BNK20 | 23A | $5,790,015 | Sep 2026 | SEC filing, October 1, 2026 |
Other Dallas-Fort Worth-Arlington loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Stonebriar Centre | Frisco, TX | Retail | $255.0M | 6.999% | Jul 2029 | 2.44x | 93% | Current |
| Legacy Corporate Centre I & II | Plano, TX | Office | $167.4M | 3.37% | Aug 2029 | n/a | n/a | Current |
| Renaissance Plano | Plano, TX | Hotel | $78.4M | 4.45% | Jul 2029 | 2.90x | 68% | Current |
| International Plaza II | Dallas, TX | Office | $78.3M | 7.43% | Oct 2029 | 1.98x | 97% | Current |
| Warwick Melrose & Allerton | Dallas, TX | Hotel | $78.0M | 8.14% | Mar 2029 | n/a | n/a | Current |
| One At&t | Dallas, TX | Office | $71.5M | 4.39% | Jan 2029 | 2.69x | 100% | Current |
| One At&t Plaza | Dallas, TX | Office | $60.0M | 4.39% | Jan 2029 | n/a | n/a | Current |
| Timber Creek Crossing | Dallas, TX | Retail | $57.5M | 6.175% | Feb 2029 | 1.59x | 100% | Current |
All loans maturing in 2029 · All Dallas-Fort Worth-Arlington loans
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.