Office portfolio, 6 properties · Levittown, Pennsylvania
Walgreen Co.
This portfolio is financed with a $12.3M CMBS loan at 4.738% that reaches maturity on July 6, 2028, in 20 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $12,343,032
- Original balance (same notes)
- $13,000,000
- Interest rate
- 4.738% fixed
- Originated
- June 8, 2018
- Maturity
- July 6, 2028
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- May 5, 2028
- Master servicer
- Midland Loan Services
- Originator
- LoanCore Capital Markets LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5200 New Falls Road, Levittown, PA 19056
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Value at securitization
- $22.7M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income (annualized from 6 months) | $1.3M | $2.7M |
| Debt yield | 21.6% |
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 JPMCC Commercial Mortgage Securities Trust 2019-COR4 filing for the reporting period ending October 6, 2026, filed with the SEC October 21, 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 99% above the underwritten figure ($2.7M a year against $1.3M; the latest statement covers 6 months, annualized).
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Walgreen Co. | Levittown, PA | Retail | n/a | n/a |
| Fresenius Kidney Care (Sun Prairie) | Sun Prairie, WI | Office | n/a | n/a |
| Fresenius Kidney Care (Darlington) | Darlington, SC | Office | n/a | n/a |
| DaVita Dialysis | Memphis, TN | Office | 100% | 1.63x |
| Fresenius Kidney Care (Louisville) | Louisville, KY | Office | n/a | n/a |
| Fresenius Kidney Care (Florence) | Florence, SC | Office | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $12.3M | Current | No | n/a | n/a |
| September 2026 | $12.4M | Current | No | n/a | n/a |
| August 2026 | $12.4M | Current | No | n/a | n/a |
| July 2026 | $12.4M | Current | No | n/a | n/a |
| June 2026 | $12.4M | Current | No | n/a | n/a |
| May 2026 | $12.4M | Current | No | n/a | n/a |
| April 2026 | $12.5M | Current | No | n/a | n/a |
| March 2026 | $12.5M | Current | No | n/a | n/a |
| February 2026 | $12.5M | Current | No | n/a | n/a |
| January 2026 | $12.5M | Current | No | n/a | n/a |
| December 2025 | $12.5M | Current | No | n/a | n/a |
| November 2025 | $12.5M | 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 |
|---|---|---|---|---|
| JPMCC Commercial Mortgage Securities Trust 2019-COR4 | 21 | $12,343,032 | Oct 2026 | SEC filing, October 21, 2026 |
Other Philadelphia-Camden-Wilmington loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Christiana Mall | Newark, DE | Retail | $265.7M | 4.277% | Aug 2028 | 1.75x | 97% | Current |
| One & Two Commerce Square | Philadelphia, PA | Office | $207.5M | 7.787% | Jun 2028 | 1.82x | 90% | Current |
| Philadelphia Marriott Downtown | Philadelphia, PA | Hotel | $205.0M | 8.705% | Nov 2028 | 1.24x | 65% | Current |
| Piazza Alta | Philadelphia, PA | Multifamily | $185.9M | 4.676% | Oct 2028 | 0.83x | 88% | Current |
| Rittenhouse Hill | Philadelphia, PA | Multifamily | $113.0M | 4.713% | May 2028 | 1.54x | 92% | Current |
| Three Bala Plaza | Bala Cynwyd, PA | Office | $88.0M | 8.71% | Nov 2028 | n/a | n/a | Current |
| 425 Old Morehall Road | Malvern, PA | Office | $59.8M | 4.86% | Nov 2028 | n/a | n/a | Current |
| Vanguard Portfolio | Malvern, PA | Office | $57.0M | 4.86% | Nov 2028 | 2.10x | 100% | Current |
All loans maturing in 2028 · All Philadelphia-Camden-Wilmington loans
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.