Retail · Los Angeles, California
Victor's Square
Victor's Square is financed with a $10.5M CMBS loan at 4.77% that reaches maturity on January 1, 2029, in 2 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,500,000
- Original balance (same notes)
- $10,500,000
- Interest rate
- 4.77% fixed
- Originated
- December 5, 2018
- Maturity
- January 1, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- January 31, 2021
- Master servicer
- Trimont LLC
- Originator
- Morgan Stanley Bank, N.A.
Status
- Payment status
- Current (code 0)
- Special servicing
- Transferred May 26, 2020, returned July 21, 2020
- Workout strategy
- Resolved
- Modified
- Yes, most recently June 1, 2020
- Defeasance
- Partly defeased
The property
- Address
- 1915 & 1917-1931 North Bronson Avenue, Los Angeles, CA 90068
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 16,080 sq ft
- Built
- 1969
- Largest tenants
- T.R. Warner Enterprises Inc; Village Bar Group LLC; UPRIGHT CITIZENS BRIGADE
- Value at securitization
- $17.0M (Nov 2018)
Performance
| At securitization | Latest (Dec 2024) | |
|---|---|---|
| DSCR (NOI) | 1.92x | 1.87x |
| Occupancy | 100% | 100% |
| Net operating income | $977K | $950K |
| Debt yield | 9.0% |
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-BNK16 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Modified
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 | $10.5M | Current | No | 1.87x | 100% |
| August 2026 | $10.5M | Current | No | 1.87x | 100% |
| July 2026 | $10.5M | Current | No | 1.87x | 100% |
| June 2026 | $10.5M | Current | No | 1.87x | 100% |
| May 2026 | $10.5M | Current | No | 1.87x | 100% |
| April 2026 | $6.4M | Current | No | 1.73x | 100% |
| March 2026 | $10.5M | Current | No | 1.87x | 100% |
| February 2026 | $10.5M | Current | No | 1.87x | 100% |
| January 2026 | $10.5M | Current | No | 1.87x | 100% |
| December 2025 | $10.5M | Current | No | 1.87x | 100% |
| November 2025 | $10.5M | Current | No | 1.87x | 100% |
| October 2025 | $10.5M | Current | No | 1.87x | 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 May 26, 2020, returned to the master servicer July 21, 2020.
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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2019-BNK16 | 27 | $10,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Century Plaza Towers | Los Angeles, CA | Office | $375.0M | 3.004% | Nov 2029 | n/a | n/a | Current |
| The Tower at Burbank | Burbank, CA | Office | $195.0M | 3.13% | Aug 2029 | 2.13x | 74% | Current |
| Great Wolf Lodge Southern California | Garden Grove, CA | Hotel | $150.0M | 5.253% | Mar 2029 | 1.89x | 77% | Current |
| The Alhambra | Alhambra, CA | Office | $150.0M | 4.22% | May 2029 | 2.33x | 81% | Current |
| 9201 West Sunset Boulevard | West Hollywood, CA | Mixed use | $135.0M | 4.445% | May 2029 | n/a | n/a | Current |
| Ford Factory | Los Angeles, CA | Office | $135.0M | 4.52% | Apr 2029 | 2.41x | 100% | Current |
| Marriott Anaheim | Anaheim, CA | Hotel | $125.0M | 6.373% | Jun 2029 | 1.23x | 73% | Current |
| 888 Figueroa | Los Angeles, CA | Office | $115.0M | 3.725% | Jul 2029 | 1.45x | 75% | Current |
All loans maturing in 2029 · All Los Angeles-Long Beach-Anaheim 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.