Retail · Kutztown, Pennsylvania
Weis Plaza
Weis Plaza is financed with a $4.8M CMBS loan at 5.44% that reaches maturity on February 6, 2029, in 2 years and 3 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $4,844,669
- Original balance (same notes)
- $5,500,000
- Interest rate
- 5.44% fixed
- Originated
- January 22, 2019
- Maturity
- February 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- November 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Goldman Sachs Mortgage Company
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 15260 Kutztown Road, Kutztown, PA 19530
- Rentable area
- 115,340 sq ft
- Built
- 1972, renovated 2006
- Largest tenants
- WEIS Market; Keystone; Once again Thrift
- Value at securitization
- $8.1M (Dec 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.45x | 1.58x |
| Occupancy | 94% | 98% |
| Net operating income (annualized from 6 months) | $539K | $594K |
| Debt yield | 12.3% |
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-GC38 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 94% when the loan was securitized to 98%.
- Net operating income is 10% above the underwritten figure ($594K a year against $539K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.45x at securitization to 1.58x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $4.8M | Current | No | 1.58x | 98% |
| September 2026 | $4.9M | Current | No | 1.58x | 98% |
| August 2026 | $4.9M | Current | No | 1.31x | 98% |
| July 2026 | $4.9M | Current | No | 1.73x | 98% |
| June 2026 | $4.9M | Current | No | 1.73x | 98% |
| May 2026 | $4.9M | Current | No | 1.73x | 98% |
| April 2026 | $4.9M | Current | No | 1.73x | 98% |
| March 2026 | $4.9M | Current | No | 1.74x | 98% |
| February 2026 | $4.9M | Current | No | 1.74x | 98% |
| January 2026 | $4.9M | Current | No | 1.74x | 98% |
| December 2025 | $4.9M | Current | No | 1.74x | 98% |
| November 2025 | $4.9M | Late payment but less than 30 days delinquent | No | 1.74x | 98% |
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-GC38 | 35 | $4,844,669 | Oct 2026 | SEC filing, October 22, 2026 |
Other Pennsylvania loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Broadcasting Square | Wyomissing, PA | Retail | $62.0M | 3.16% | Nov 2029 | 4.48x | 97% | Current |
| Green Hills Corporate Center | Reading, PA | Office | $61.5M | 4.35% | May 2029 | 2.24x | 100% | Current |
| Kenhorst Plaza | Reading, PA | Retail | $16.5M | 7.04% | Nov 2029 | 1.46x | 98% | Current |
| Shelbourne Square | Reading, PA | Retail | $11.2M | 3.963% | Dec 2029 | 2.35x | 95% | Current |
| Shillington Shopping Center | Reading, PA | Retail | $7.1M | 5.20% | Feb 2029 | 2.04x | 100% | Current |
| Maxatawny Marketplace | Kutztown, PA | Retail | $6.8M | 5.20% | Mar 2029 | 2.18x | 100% | 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.