Multifamily · Cincinnati, Ohio
Silver Oak Estates
Silver Oak Estates is financed with a $6.1M CMBS loan at 5.35% that reaches maturity on February 6, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,076,715
- Original balance (same notes)
- $6,900,000
- Interest rate
- 5.35% fixed
- Originated
- January 31, 2019
- Maturity
- February 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 5, 2028
- Originator
- BSPRT
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5670 Winneste Ave., Cincinnati, OH 45232
- Metro
- Cincinnati, OH-KY-IN
- Units, rooms or beds
- 261
- Built
- 1963, renovated 2018
- Value at securitization
- $11.7M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.69x | 2.71x |
| Occupancy | 98% | 98% |
| Net operating income (annualized from 6 months) | $782K | $2.5M |
| Debt yield | 41.6% |
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 Morgan Stanley Capital I Trust 2019-L2 filing for the reporting period ending September 11, 2026, filed with the SEC October 2, 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 223% above the underwritten figure ($2.5M a year against $782K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.69x at securitization to 2.71x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.1M | Current | No | 2.71x | 98% |
| August 2026 | $6.1M | Current | No | 2.71x | 98% |
| July 2026 | $6.1M | Current | No | n/a | n/a |
| June 2026 | $6.1M | Current | No | n/a | n/a |
| May 2026 | $6.1M | Current | No | n/a | n/a |
| April 2026 | $6.1M | Current | No | 2.65x | 95% |
| March 2026 | $6.1M | Current | No | 2.65x | 95% |
| February 2026 | $6.2M | Current | No | 2.65x | 95% |
| January 2026 | $6.2M | Current | No | 2.65x | 95% |
| December 2025 | $6.2M | Current | No | 2.65x | 95% |
| November 2025 | $6.2M | Current | No | 3.88x | 98% |
| October 2025 | $6.2M | Current | No | 3.88x | 98% |
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 |
|---|---|---|---|---|
| Morgan Stanley Capital I Trust 2019-L2 | 40 | $6,076,715 | Sep 2026 | SEC filing, October 2, 2026 |
Other Cincinnati loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Kenwood Towne Centre | Cincinnati, OH | Retail | $260.0M | 6.271% | Mar 2029 | n/a | n/a | Current |
| Newport on the Levee | Newport, KY | Mixed use | $41.5M | 8.405% | Dec 2029 | 1.90x | 75% | Current |
| Boulevard at Oakley Station Phase II | Cincinnati, OH | Multifamily | $23.8M | 6.20% | Sep 2029 | 1.78x | 97% | Current |
| 3409, 3411, 3413 & 3415 Mchenry Avenue | Cincinnati, OH | Multifamily | $17.6M | 7.59% | May 2029 | n/a | n/a | Late, less than 30 days |
| Home2suites Florence | Florence, KY | Hotel | $11.3M | 7.022% | Jun 2029 | 2.15x | 85% | Current |
| Hunters Run | Lebanon, OH | Multifamily | $8.5M | 7.60% | May 2029 | 1.56x | 88% | Current |
| Sharonville Plaza | Sharonville, OH | Retail | $7.7M | 4.089% | Nov 2029 | 2.45x | 100% | Current |
| Comfort Suites - Florence | Florence, KY | Hotel | $6.2M | 4.369% | Dec 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.