Self storage · Yuma, Arizona
Storwise Self Storage Yuma
Storwise Self Storage Yuma is financed with a $5.4M CMBS loan at 4.15% that reaches maturity on August 6, 2029, in 2 years and 9 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $5,372,277
- Original balance (same notes)
- $5,800,000
- Interest rate
- 4.15% fixed
- Originated
- July 19, 2019
- Maturity
- August 6, 2029
- Payments
- Interest only for 36 months, then amortizing
- Prepayment lockout ends
- May 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Starwood Mortgage Capital LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3090 South Avenue 3 E, Yuma, AZ 85365
- Rentable area
- 97,496 sq ft
- Units, rooms or beds
- 838
- Built
- 1999, renovated 2005
- Value at securitization
- $8.1M (Jun 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.51x | 2.76x |
| Occupancy | 79% | 87% |
| Net operating income (annualized from 6 months) | $511K | $1.9M |
| Debt yield | 35.1% |
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 GS Mortgage Securities Trust 2019-GSA1 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 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
- Occupancy has risen from 79% when the loan was securitized to 87%.
- Net operating income is 269% above the underwritten figure ($1.9M a year against $511K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.51x at securitization to 2.76x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $5.4M | Current | No | 2.76x | 87% |
| September 2026 | $5.4M | Current | No | 2.76x | 87% |
| August 2026 | $5.4M | Current | No | n/a | n/a |
| July 2026 | $5.4M | Current | No | n/a | n/a |
| June 2026 | $5.4M | Current | No | n/a | n/a |
| May 2026 | $5.4M | Current | No | n/a | n/a |
| April 2026 | $5.4M | Current | No | 2.41x | 90% |
| March 2026 | $5.4M | Current | No | 2.41x | 90% |
| February 2026 | $5.4M | Current | No | 2.32x | 93% |
| January 2026 | $5.5M | Current | No | 2.32x | 93% |
| December 2025 | $5.5M | Current | No | 2.32x | 93% |
| November 2025 | $5.5M | 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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GSA1 | 38 | $5,372,277 | Oct 2026 | SEC filing, October 22, 2026 |
Other Arizona loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Radisson Yuma | Yuma, AZ | Hotel | $12.3M | 5.95% | Feb 2029 | 0.93x | 54% | Current |
| Westward Village | Yuma, AZ | Manufactured housing | $4.0M | 6.55% | Jul 2029 | 1.69x | 91% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.