Industrial portfolio, 3 properties · Louisville, Kentucky
Westport Distribution Center
This portfolio is financed with a $52.3M CMBS loan at 3.353% 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 current.
The loan
- Balance in tracked trusts
- $52,253,500
- Original balance (same notes)
- $52,253,500
- Interest rate
- 3.353% fixed
- Originated
- November 1, 2019
- Maturity
- November 6, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ended
- January 5, 2022
- Prepayment premium ends
- July 5, 2029 (yield maintenance)
- Master servicer
- Bellwether Enterprise
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 12710-12740 Westport Rd 3651 and 3661 Collins Lane, Louisville, KY 40245
- Metro
- Louisville/Jefferson County, KY-IN
- Value at securitization
- $77.5M
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | n/a | n/a |
| Occupancy | n/a | n/a |
| Net operating income | n/a | $1.8M |
| Debt yield | 3.4% |
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 COMM 2019-GC44 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 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.
Properties securing the loan
| Property | Location | Type | Occupancy | DSCR |
|---|---|---|---|---|
| Westport Distribution Center | Louisville, KY | Warehouse | n/a | n/a |
| Bluegrass Corporate Center | Louisville, KY | Industrial | 97% | 4.00x |
| Jefferson Trade Center | Louisville, KY | Industrial | n/a | n/a |
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $52.3M | Current | No | n/a | n/a |
| August 2026 | $52.3M | Current | No | n/a | n/a |
| July 2026 | $52.3M | Current | No | n/a | n/a |
| June 2026 | $52.3M | Current | No | n/a | n/a |
| May 2026 | $52.3M | Current | No | n/a | n/a |
| April 2026 | $52.3M | Current | No | n/a | n/a |
| March 2026 | $52.3M | Current | No | n/a | n/a |
| February 2026 | $52.3M | Current | No | n/a | n/a |
| January 2026 | $52.3M | Current | No | n/a | n/a |
| December 2025 | $52.3M | Current | No | n/a | n/a |
| November 2025 | $52.3M | Current | No | n/a | n/a |
| October 2025 | $52.3M | 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 |
|---|---|---|---|---|
| COMM 2019-GC44 Mortgage Trust | 4 | $52,253,500 | Sep 2026 | SEC filing, October 1, 2026 |
Other Louisville/Jefferson County loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Galt House | Louisville, KY | Hotel | $80.6M | 6.75% | Oct 2029 | 3.08x | 56% | Current |
| Patriot Crossing | Louisville, KY | Multifamily | $29.8M | 6.75% | Sep 2029 | 1.38x | 95% | Current |
| Global Payments, Inc. | Jeffersonville, IN | Office | $29.2M | 3.85% | Nov 2029 | 2.35x | 100% | Current |
| Meidinger Tower | Louisville, KY | Office | $27.6M | 4.52% | Jul 2029 | -0.87x | 20% | With the special servicer and 90+ days delinquent |
| Veterans Crossing East | Clarsville, IN | Retail | $10.9M | 3.881% | Nov 2029 | n/a | n/a | Current |
| Decimal Point | Louisville, KY | Industrial | $5.7M | 3.61% | Nov 2029 | 3.10x | 100% | Current |
| Woodspring Louisville | Louisville, KY | Hotel | $4.9M | 4.45% | Oct 2029 | 2.04x | 72% | Current |
All loans maturing in 2029 · All Louisville/Jefferson County 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.