Self storage · Laredo, Texas
Store It All Zapata
Store It All Zapata is financed with a $4.1M CMBS loan at 4.30% that reaches maturity on August 11, 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
- $4,130,630
- Original balance (same notes)
- $4,750,000
- Interest rate
- 4.30% fixed
- Originated
- August 5, 2019
- Maturity
- August 11, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 10, 2029
- Master servicer
- Trimont LLC
- Originator
- C-III Commercial Mortgage LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3820 Jaime Zapata Memorial Highway, Laredo, TX 78043
- Metro
- Laredo, TX
- Rentable area
- 60,150 sq ft
- Units, rooms or beds
- 524
- Built
- 2003, renovated 2014
- Value at securitization
- $6.8M (Jul 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.50x | 2.56x |
| Occupancy | 87% | 76% |
| Net operating income | $422K | $722K |
| Debt yield | 17.5% |
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 Wells Fargo Commercial Mortgage Trust 2019-C53 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
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 fallen from 87% when the loan was securitized to 76%.
- Net operating income is 71% above the underwritten figure ($722K a year against $422K).
- Debt service coverage moved from 1.50x at securitization to 2.56x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.1M | Current | No | 2.56x | 76% |
| August 2026 | $4.1M | Current | No | 2.56x | 76% |
| July 2026 | $4.1M | Current | No | 2.56x | 76% |
| June 2026 | $4.2M | Current | No | 2.56x | 76% |
| May 2026 | $4.2M | Current | No | 2.56x | 76% |
| April 2026 | $4.2M | Current | No | 2.38x | 74% |
| March 2026 | $4.2M | Current | No | 2.38x | 74% |
| February 2026 | $4.2M | Current | No | 2.38x | 74% |
| January 2026 | $4.2M | Current | No | 2.38x | 74% |
| December 2025 | $4.2M | Current | No | 2.15x | 79% |
| November 2025 | $4.2M | Current | No | 2.15x | 79% |
| October 2025 | $4.2M | Current | No | 2.15x | 79% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C53 | 36 | $4,130,630 | Sep 2026 | SEC filing, September 29, 2026 |
Other Laredo loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Dorel Laredo | Laredo, TX | Multifamily | $28.5M | 3.68% | Oct 2029 | n/a | n/a | Current |
| Embassy Suites Laredo | Laredo, TX | Hotel | $16.3M | 3.839% | Oct 2029 | 5.25x | 94% | Current |
| TownPlace Suites Laredo | Laredo, TX | Hotel | $10.6M | 3.85% | Oct 2029 | 4.47x | 91% | Current |
| Stor-More-Laredo Self Storage | Laredo, TX | Self storage | $10.3M | 7.06% | May 2029 | 1.38x | 85% | Current |
| Homewood Suites Laredo | Laredo, TX | Hotel | $7.1M | 5.80% | Feb 2029 | 5.11x | 93% | 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.