Retail · Chicago, Illinois
The Elston Retail Collection
Public CMBS trusts hold $57.1M of the loan on The Elston Retail Collection at 3.65% that reaches maturity on November 6, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is with the special servicer.
The loan
- Balance in tracked trusts
- $57,129,629
- Original balance (same notes)
- $70,000,000
- Interest rate
- 3.65% fixed
- Originated
- October 31, 2019
- Maturity
- November 6, 2029
- Payments
- Amortizing over 25 years
- Prepayment lockout ends
- September 5, 2029
- Master servicer
- HFF
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- Transferred November 30, 2023
- Workout strategy
- Pending return to master servicer
- Defeasance
- None reported
The property
- Address
- 2100 N Elston Avenue, Chicago, IL 60614
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 178,704 sq ft
- Built
- 2004
- Largest tenants
- Kohl's-2140; Best Buy - 2100; BMO/Harris Bank
- Value at securitization
- $105.0M (Sep 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.46x | 1.40x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $6.2M | $6.1M |
| Debt yield | 10.6% |
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 BENCHMARK 2019-B15 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- With the special servicer
On the cmbs.news watch list in all 12 monthly reports we hold (October 2025 to September 2026).
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $57.1M | Late payment but less than 30 days delinquent | Yes | 1.40x | 100% |
| August 2026 | $57.3M | Late payment but less than 30 days delinquent | Yes | 1.40x | 100% |
| July 2026 | $57.5M | Late payment but less than 30 days delinquent | Yes | n/a | n/a |
| June 2026 | $57.5M | Current | Yes | n/a | n/a |
| May 2026 | $57.7M | Current | Yes | n/a | n/a |
| April 2026 | $57.8M | Current | Yes | 2.33x | 100% |
| March 2026 | $58.0M | Current | Yes | 1.37x | 100% |
| February 2026 | $58.4M | Late payment but less than 30 days delinquent | Yes | 1.37x | 100% |
| January 2026 | $58.6M | Late payment but less than 30 days delinquent | Yes | 2.33x | 100% |
| December 2025 | $58.7M | Late payment but less than 30 days delinquent | Yes | 2.33x | 100% |
| November 2025 | $58.9M | Late payment but less than 30 days delinquent | Yes | 2.33x | 100% |
| October 2025 | $58.9M | Current | Yes | 2.33x | 100% |
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.
Special-servicing history
- Transferred to the special servicer November 30, 2023, still there.
Transfer and return dates as reported in the filings of the past year; an earlier episode shows here only if a filing in that year still reports it.
Where the loan sits
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| COMM 2019-GC44 Mortgage Trust | 8 | $32,645,503 | Sep 2026 | SEC filing, October 1, 2026 |
| BENCHMARK 2019-B15 MORTGAGE TRUST | 12 | $24,484,127 | Sep 2026 | SEC filing, September 30, 2026 |
Other Chicago-Naperville-Elgin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Millennium Park Plaza | Chicago, IL | Mixed use | $210.0M | 3.66% | Aug 2029 | 1.66x | 73% | Current |
| 101 45th Street | Munster, IN | Industrial | $138.8M | 3.231% | Dec 2029 | n/a | n/a | Current |
| City Hyde Park | Chicago, IL | Multifamily | $108.7M | 4.70% | Oct 2029 | 1.03x | 83% | Current |
| 5452-5466 S. Ellis Avenue | Chicago, IL | Multifamily | $106.8M | 4.554% | Feb 2029 | n/a | n/a | Current |
| 3500 Lacey Road | Downers Grove, IL | Office | $85.8M | 4.35% | Dec 2029 | 2.39x | 95% | Current |
| Lakeside Apartments | Lisle, IL | Multifamily | $70.0M | 4.935% | Mar 2029 | 1.98x | 95% | Current |
| Hilton Garden Inn & Canopy - Chicago Central Loop | Chicago, IL | Healthcare | $65.0M | 7.60% | Jun 2029 | 1.93x | 74% | Current |
| Solstice on the Park | Chicago, IL | Multifamily | $45.0M | 2.75% | Jul 2029 | 2.78x | 90% | Current |
All loans maturing in 2029 · All Chicago-Naperville-Elgin 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.